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 79 - Price/Earnings to Growth Ratio

Series 63 - Exemptions to Issuer and Security Registration

Series 24 - Fingerprint Records

Series 24 - Independent Public Accountant’s Reports

Series 3 - 2.2.1.2. Settlement and Delivery

Series 6 - 7.5.2. Transferring and Closing a Customer Account

Series 52 - Customer Account Transfers

Series 24 - A Sampling of Limited Representatives

Series 54 - 1.6. Exclusions from the Definition of Municipal Advisor

Series 51 - Unfair Practice in Municipal Securities

Series 53 - Introduction

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

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

Darragh Lenihan, Global Commodities Holdings Limited. Singapore

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

Passed the Series 66 today! This program really helped me succeed. The pie charts helped me focus on where I needed to put in more work.

Stephen Rice, Edward jones. Prairie Village, KS

I'm not the best test taker. Solomon changed that. I was struggling on the quizzes and practice test. However, I passed the SIE on the first try. Took me less than one hour to complete. I felt very prepared.

Lamar Barnes, Washington D.C.

Feels so good to have passed! (Series 7) It was about as challenging as I thought it would be and I'm glad the study material prepared me for understanding the concepts, and not just memorizing terms and formulas. Only changed two of the 15 answers for questions I flagged for review and finished it with more than 90 minutes to spare. The relief I felt upon seeing "Pass" was awesome!
Used Solomon materials for both the SIE and S7. So grateful to these materials for helping me achieve a passing score on my first attempts of both exams. The study guide and videos were thorough, comprehensive and easy to follow. I found the pie charts extremely useful in helping me identify areas where I needed more study, and was grateful for the Pass Probability feature in giving me a bit of extra confidence before sitting for the exam. I would absolutely recommend all of their materials to anyone taking this journey.

Andrew Nerys, Square Inc. San Francisco, CA