Series 3: Chapter Four

Taken from our Series 3 Online Guide

Chapter Four

Simple Options and the Futures Market

Options in financial markets have been around for a long time. However, until relatively recently they were bought and sold exclusively over-the-counter. This changed soon after the futures exchanges expanded their commodities trading to include financial products. In 1973 the Chicago Board of Trade organized a new exchange for trading options on stocks. Called the Chicago Board Options Exchange, it standardized the terms of options contracts and assumed the credit risk of the option writer. Its success led to the development of a standardized options market o

+ Read More

More Series 3 Info

What are people saying?

Create an Account

Since you're reading about Series 3: Chapter Four, you might also be interested in:

Series 24 - Close-Out Requirements

Series 66 - 3.8.4.1 Benefits and Risks of Futures

Series 24 - 4.2.6.4. Regulation M, Rule 105—Short Selling in Connection with a Public Offering

Series 24 - 5.9.2.5. Adjustment of Open Orders

Series 24 - Bank Secrecy Act (1970)

SIE - 4.1.1.6.2. Opening and Closing Positions

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I initially studied using a different exam prep course (The Securities Institute of America). I waited until I consistently passed the practice exams with a score over 90% before I took the actual exam and unfortunately I failed the exam on my first attempt. I discovered and purchased the Solomon Exam Prep and immediately noticed the studying material was more in depth. I waited until my practice exam score was consistently over 85% and I went to take the actual exam and passed. Thank you so much!! (Series 3)

Joshua Turner, J.D. Turner Capital, LLC, Baltimore, MD

I would heartily recommend Solomon for anyone studying for the Series 3. The materials are comprehensive, the bank of questions vast and the responsiveness to questions incredibly impressive and detailed. I passed first time and that in no small part is down to Solomon.

David Woolfenden Totem London

Great service, practice questions and mock exams were the key to passing. (Series 3)

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

I used Solomon to study for the Series 82. The material was spot on! More importantly, the practice tests and timed tests were much harder than the actual Series 82, which was very helpful in passing the test. Thanks!!

Rhett Grimes, Anchortree Capital. Nashville, TN

Many thanks to the fine staff at Solomon Exam Prep. I'm happy to report that I passed the Series 50 Municipal Advisor exam on my first attempt. The written material is extremely thorough and comprehensive. With respect to the online quizzes and final exams, the questions are very comparable in difficulty to the actual exam, thus providing the foundation for success. A special word of thanks to Carson for his encouragement and support.

Tony Chiappetta, Sudsina & Associates, Mars, PA

I passed my Series 24 today with an 80% thanks to Solomon Test Prep! I found the most benefit from using the practice exams as a learning tool, reading each answer explanation as I went along, regardless of a(n) correct/incorrect response. I found that for this exam, understanding the concepts is equally as important as memorization! Good luck!

Audrey M., Austin, TX