1
Q
Right / Obligation: Right to BUY
Premium: Pay
Maximum Gains: Unlimited
Maximum Losses: Premium Paid
Breakeven: Strike-Out Premium
View: Bullish
What is the investor’s position?
A
Position: Long Call
2
Q
Right / Obligation: Obligation to SELL
Premium: Receive
Maximum Gains: Premium Received
Maximum Losses: Unlimited
Breakeven: Strike-Out Premium
View: Bearish
What is the investor’s position?
A
Position: Short Call
3
Q
Right / Obligation: Right to SELL
Premium: Pay
Maximum Gains: Strike-Out Premium
Maximum Losses: Premium Paid
Breakeven: Strike-Out Premium
View: Bearish
What is the investor’s position?
A
Position: Long Put
4
Q
Right / Obligation: Obligation to BUY
Premium: Receive
Maximum Gains: Premium Received
Maximum Losses: Strike-Out Premium
Breakeven: Strike-Out Premium
View: Bullish
What is the investor’s position?
A
Position: Short Put
A SIE: Cheat Sheet
flashcards
Decks in class (85)
# Cards
-
Equity Securities: Types & Features7
-
Stocks & Bonds: Rights Vs. Warrants8
-
Credit Ratings: Moody's Vs. S&P Grading16
-
Bonds: Type, Maturity, Interest Payments, & Features18
-
Options: Basic Positions4
-
Options: Contract Basics6
-
Settlements: T+1 / T+2 / Same Day4
-
Investment Co: Open-End/Closed-End/UIT & Packaged Products: ETF/ETN5
-
Mutual Fund: Share Classes12
-
SEC Registration: Account Types8
-
Order Types: Stop (-Loss) & Limit8
-
Liquidation Priorities: Order of Disbursement7
-
Trading Orders: Market/Limit/Stop/Stop-Limit/Day/GTC/IOC/FOK/AON15
-
Risk Type: Systemic Risks Vs. Non-Systemic Risks11
-
Cash Vs. Margin Accounts2
-
Money Market Instruments27
-
Key Math Calculations3
-
Margin Account Formulas4
-
Broker-Dealers Vs. Investment Advisers2
-
Books and Records Retention8
-
Corporate Actions4
-
Customer Account Violations6
-
Dividend Timeline (DERP)4
-
Prohibited Trading Practices16
-
Anti-Money Laundering (AML) Documents3
-
Reg S-P Requirements: Customer Vs. Consumer7
-
Underwriting Entities & Roles3
-
Underwriting Periods3
-
Types of Underwriting Commitment3
-
Types of Trade Data Communications6
-
Misc. Exempt Transactions: S.E.C. Rules & Regulations4
-
Restricted and Control Securities3
-
Self-Regulatory Organizations (SROs)9
-
Stages of the Business Cycle4
-
Economic Indicators: Leading, Coincidental, and Lagging6
-
Option Concepts: Premium Calculations7
-
Insider Trading6
-
Acts of Legislation4
-
Types of REITs6
-
Forward & Reverse Stock Splits12
-
Bond See-Saw: Bond Price/Yield (Inverse Relationship)3
-
Basic Municipal Bond Types8
-
REG BI - FINRA/MSRB/SEC: Four Obligations: Suitability Standards61
-
Direct Participation Programs (DPPs): Limited Vs. General Partners10
-
Retirement Accounts5
-
529 Plans vs ABLE Accounts2
-
Anti-Money Laundering (AML) Program Components5
-
Short-Term Municipal Anticipation Bond Notes6
-
Basic Option Strategies4
-
Types of Annuities: Variable Vs. Fixed2
-
Annuity Timelines: Periods & Phases3
-
MSRB: RULE G-37: Pay-to-Play Requirements5
-
Normal Yield Curve VS. Inverted Yield Curve2
-
Form CRS: Delivery Requirements6
-
Types of Bonds & Risk Level4
-
Regulatory Standards: Types of Regulation D Offerings Rule 504 / Rule 506(b) / Rule506(c)3
-
Regulatory Standards: Regulations Accredited/Gift/Selling Away/OBA4
-
Yield Spread: Wide Vs. Narrow2
-
Misc. Instruments: Coverdell ESA/LGIP/HF3
-
Basic Trading Strategies: Not On Exam21
-
Equity Securities: Assignments4
-
Mutual Fund: Sponsor Duties4
-
Net Asset Value (NAV): Calculation & Examples2
-
Equity Securities: Primary Market & Secondary Market9
-
Bid-Ask Spread: Calculations & Examples4
-
Accrued Interest: Corporate Vs. Municipal Vs. Federal Vs. Trade Flat8
-
Mutual Fund Vs. Hedge Funds: Compare & Contrast4
-
Mutual Funds: Closed-End Vs. Open-End20
-
Risk Type: Market/Inflation/I.R./Credit/Pre-Payment/Political/Liquidity/Currency/Call/Re-Investment/Business/Capital/Marketability/Reglatory/Legislative18
-
Order Reductions: Splits/Dividends/DNI/DNR12
-
I.T.M. / A.T.M. / O.T.M.0
-
Shorting Stock Vs. Putting Stock0
-
Speculative Strategies: Bullish0
-
Speculative Strategies: Bearish0
-
Bullish Market Vs. Bearish Market0
-
Strategies: Long Call / Short Call / Long Put / Short Put4
-
Strategies: Call Holder / Put Holder / Call Writer / Put Writer12
-
FINRA Investor Suitability5
-
Consumer Vs. Customer: Privacy Policies and Procedures Notice5
-
Trading Authorization: Limited/Full/Discretionary9
-
FINRA/MSRB Rules: Opening Accounts For Employees Of Other Firms8
-
Maintenance Of Brokerage Accounts33
-
Senior Citizen Rules15
-
Senior Citizens Suspected Of Diminished Mental Capacity12
-
Margin Accounts: Introduction8
