Series 7 Exam Prep: Options

Options on the Series 7 Exam is a major source of discomfort for a lot of students. This episode should help you a little bit although it's not a replacement for proper Series 7 Exam studying. I cover most of the options information other than the actual calculations. TO BE CLEAR THIS IS NOT THE MATH OR FORMULAS FOR BREAKEVEN, MAX GAIN OR MAX LOSS. Using options as a strategy to either hedge or speculate in your portfolio is a valid strategy that can definitely increase your returns or lower your risk. Options on the Series 7 Exam are heavily tested and a definite high percentage of that is on the suitability portion versus just doing the math and calculations. If you would like help on the calculations and the break-even, maximum gain, maximum loss for the series 7 please check out my membership options. 0:00 Intro 01:07 What is an option? 1:40 Buying A Call 05:13 Buying a Put 07:50 In/Out of the Money 13:37 Exercise Process 21:25 Intrinsic value 22:30 Time Value 27:22 Breakeven on Single Stock Options 30:22 Effect of a Stock Split on Option Contracts 32:33 Position and Exercise limits 34:56 LEAP 37:37 Opening vs Closing Positions 39:52 American vs European style exercise 41:02 Straddles 45:03 Straddle vs. Spread? 46:35 Butterfly Spread 47:33 Hedging and Income Strategies 53:03 Option Suitability Cheat 54:31 Non-Equity Options 55:35 Index Options 59:30 How the Index works 1:01:50 Interest Rate Options 1:04:05 Foreign Currency: EPIC 1:06:35 VIX 01:07:47 Basic Option Matrix Give Achievable a try (FREE TRIAL) https://achievable.me/#a_aid=capital-... Try Kindle Unlimited for free ( 30 days) https://amzn.to/3zRo9hA Give Achievable a try (FREE TRIAL) https://achievable.me/#a_aid=capital-... MY store! https://capadvantage.myshopify.com/ Join this channel to get access to perks:    / @series7whisperer   If you are looking for a Series 7 top off tutor please visit www.capadvantagetutoring.com If you are looking for materials you can get a 15% discount on STC materials by using this link Securities Training Corporation-- https://www.stcusa.com/referral/capit... If you are looking for an out of this world supplement go to: https://achievable.me/?utm_source=cap... Learn to trade and INVEST!! https://wallstreetglobaltradingacadem... Kindle Unlimited has some free resources for members https://amzn.to/2QiIUPd Series 7 for Dummies--https://amzn.to/36lmX7r Series 7 for Dummies Questions -- https://amzn.to/352vDiK Series 6 questions-- https://amzn.to/2ToH01j Series 6 book by Wiley -- https://amzn.to/2wpInn9 Michael Lewis ( love his take on finance ) Liars poker https://amzn.to/34J6MQH Flash Boys https://amzn.to/34zVwFU Money Culture https://amzn.to/2JSV6CQ PANIC!! https://amzn.to/2Nlvd0w Ray Dalio Big Debt Crisis https://amzn.to/36EGaSA 1980s Insider Trading Scandal ( I read this 2 or 3 times ) it’s NOT the movie ha-ha https://amzn.to/34A7rnm