The Series 7 exam, also known as the General Securities Representative Exam (GSRE), is a test all stockbrokers must pass, in order to acquire a license to trade securities.A… See more

Of the 50 or so options-related questions on the Series 7 exam, approximately 35 deal specifically with options strategies. Options strategies questions in the Series 7 exam, cove… See more

By definition, a contract requires two parties. When one party gains a dollar on a contract, a connected counterparty loses precisely that same amount. This transaction … See more

There are many synonymous terms in the options space. As the following Options Matrix chart (Figure 1) demonstrates, the term "buy" is interchangeable with "long" or "hold”, whil… See more