SIE Exam: Securities Industry Essentials Exam Lessons and Information
Franz
99 episodes
1 month ago
The SIE Exam Podcast (Securities Industry Essentials Exam Podcast) is for the individual who is interested in working in the financial services industry. To enter this profession there is now the requirement effective October 1, 2018 to take and pass the Securities Industry Essentials Exam (SIE Exam). This exam is a prerequisite exam needed prior to taking most of the other FINRA Series of Exams. This Securities Industry Essentials Exam Podcast will contain a series of sample lessons which will cover the material required to be mastered in order to pass the Securities Industry Essentials Exam. This introduction to the Securities Industry Essentials Exam podcasts, Outlines the exam and what is covered in the exam. In order to take the Securities Industry Essentials Exam all that is required is that the candidate is 18 years or older it is not required that you are currently working in the financial services industry.
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The SIE Exam Podcast (Securities Industry Essentials Exam Podcast) is for the individual who is interested in working in the financial services industry. To enter this profession there is now the requirement effective October 1, 2018 to take and pass the Securities Industry Essentials Exam (SIE Exam). This exam is a prerequisite exam needed prior to taking most of the other FINRA Series of Exams. This Securities Industry Essentials Exam Podcast will contain a series of sample lessons which will cover the material required to be mastered in order to pass the Securities Industry Essentials Exam. This introduction to the Securities Industry Essentials Exam podcasts, Outlines the exam and what is covered in the exam. In order to take the Securities Industry Essentials Exam all that is required is that the candidate is 18 years or older it is not required that you are currently working in the financial services industry.
SIE Exam: Securities Industry Essentials Exam Lessons and Information
9 minutes 54 seconds
2 years ago
2023 SIE Exam Lesson 12 Options pt 2 Quiz
SIE Exam Lesson 12 Options pt 2
SIE Exam Lesson 12 Options pt 2
This is a SIE Exam Lesson 12 Options pt 2 options pt.1which is covering options pt. 1 basic option terminology of call and put options See how you do if you need help listen to the lesson over.
Questions covered include
Below are questions based on the previous lesson. Choose the letter of the correct answer.
To take the quiz online, click here.
Quiz Options Part 2
Below are questions based on the previous lesson. Choose the letter of the correct answer.
To take the quiz online, click here.
1. It is the cost of an option.
A. bid price
B. ask price
C. premium
D. strike price
2. The premium contains the option’s ___.
A. intrinsic value
B. time value
C. both intrinsic value and time value
D. neither intrinsic value nor time value
3. This refers to the number of options that are open for trading in the market.
A. bid
B. volatility
C. open interest
D. volume
4. This refers to the number of options that were sold or traded for the given day.
A. bid
B. volatility
C. open interest
D. volume
5. It refers to the amount of uncertainty or risk about the size of changes in a security's value.
A. open interest
B. premium
C. volatility
D. volume
6. Parity is when the strike price and the stock are selling at exactly the same price.
A. True
B. False
7. An option is created by writing covered calls.
A. True
B. False
8. Writing a covered call ___.
A. decreases open interest
B. decreases volume
C. increases open interest
D. increases volume
9. If a person wrote an option (such as a covered call) and is now buying back the option, he is opening a position.
A. True
B. False
10. Person A writes a covered call option and Person B buys that option. Which of the following is true?
A. Person A sells to close and Person B buys to close.
B. Person A sells to close and Person B buys to open.
C. Person A sells to open and Person B buys to close.
D. Person A sells to open and Person B buys to open.
SIE Exam Lesson 12 Options pt 2 Cont:
11. This is used in determining the theoretical value of an option.
A. Black-Scholes model
B. Fed model
C. Sharpe ratio
D. Sortino ratio
12. It serves as an insurance to your investment portfolio.
A. covered call
B. married put
C. naked call
D. put on a put
13. An option without intrinsic value always has no time value.
A. True
B. False
14. A naked put is written by a person who owns the stock.
A. True
B. False
15. A call option is offered on a stock. If the current price of the stock is $20 and the strike price is $15, what is the intrinsic value of the option?
A. $2.5
B. $5
C. $10
D. There is no intrinsic value in this option.
16. A call option is offered on a stock. If the current price of the stock is $12 and the strike price is $10, what is the premium of the option?
A. $1
B. $2
C. $11
D. The premium of the option cannot be computed from the given facts.
17. A call option is offered on a stock. The current price of the stock is $20 and the strike price is $15. The call option’s premium is $8. What is the time value of the option?
A. $2
B. $3
C. $4
D. There is no time value for this option.
18. An option is selling at $6 per share and the option is for 10 shares.
SIE Exam: Securities Industry Essentials Exam Lessons and Information
The SIE Exam Podcast (Securities Industry Essentials Exam Podcast) is for the individual who is interested in working in the financial services industry. To enter this profession there is now the requirement effective October 1, 2018 to take and pass the Securities Industry Essentials Exam (SIE Exam). This exam is a prerequisite exam needed prior to taking most of the other FINRA Series of Exams. This Securities Industry Essentials Exam Podcast will contain a series of sample lessons which will cover the material required to be mastered in order to pass the Securities Industry Essentials Exam. This introduction to the Securities Industry Essentials Exam podcasts, Outlines the exam and what is covered in the exam. In order to take the Securities Industry Essentials Exam all that is required is that the candidate is 18 years or older it is not required that you are currently working in the financial services industry.
