Series 24: 2.4.2.3. Uncovered (Naked) Short Option Contracts

Taken from our Series 24 Online Guide

2.4.2.3. Uncovered (Naked) Short Option Contracts

Member firms that allow customers to write uncovered option contracts (e.g., naked calls) must develop and maintain written procedures specific to that product. These procedures should include specific criteria for evaluating whether short options are suitable for a customer. They must also include specific minimum net equity re

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: 2.4.2.3. Uncovered (Naked) Short Option Contracts, you might also be interested in:

Series 65 - Chapter Nine Practice Question Answers

Series 24 - Tender Offers

Series 24 - 4.1.2.3. Rights Offering

Series 24 - 3.7.10.2. Regulation X

Series 65 - Important Coincident Indicators

Series 79 - Chapter 13 Practice Questions

Series 66 - 4.4.1. Strategic Asset Allocation

Series 51 - Books and Records (MSRB Rule G-8)

Series 66 - Principal vs. Agency Transactions

Series 14 - 7.2.4.1.1. General Securities Principal (Series 24)

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I would like to say that Solomon test prep had the most varied and comprehensive test bank I have seen. The questions ranged in difficulty and the answer feedback was so detailed, that I felt that I was mastering concepts rather than trying to pin down certain facts in a question just to get the 'one,' answer. I saw many iterations of the sample examinations, and with the courage to keep clicking next and learning, I passed with a score I'm more than happy to claim. Also, the staff are very responsive. I'll be coming back.

Neil, San Diego, CA

I took another vendors 24 course but it did not compare to how Solomon Exam Prep for Series 24 prepared me. The material and practice exams, especially the timed exams, were broken up by sections, similar to the FINRA Exam. This really helped in allowing me to understand which section(s) I needed to spend more time on/hit harder. Thank you Solomon!!!

Jim Ruckman, Mass Mutual

Jeremy, I just wanted to take a moment to say thank you so much for your wonderful product! Your study guides helped me pass the 7, 66, 24, 52, and 53 all within 2 and a half months. Thank you again!

Christopher Kriak, Compliance Analyst, PNC Investments, Pittsburgh, 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

I used Solomon to study for the 26 and most recently the 24. The material is layered in way that makes it manageable to digest and the instructor response time and explanations are outstanding. I passed both on the first attempt!

Gus Velleco, Allstate, Charleston, SC

Finally! Having used the study material provided by my firm, I couldn't get over the passing level. Came out of pocket for Solomon, and passed [the Series 24] on the first effort - Thank you!

Scott Krogmann, Regions Bank, Knoxville, TN