Option Shortcuts

A recent scandal at Jane Street and Millennium over a top-secret options play that is extremely lucrative just demonstrates the potential for options–not to gamble (as retail investors so often do), but to boost returns by assessing risk miscalculations in the market. This happens a lot, and the only way to be on the winning side is to master options and all the option plays out there. No wonder it’s a big topic on the Series 7, and one you’ll need to master to work on Wall Street, even if you never touch an options contract in your life.

Calculating Values on the Series 7 Exam

To prepare and pass the Series 7 exam, you’ll face much of the fundamental math of finance, but you’re likely to face it in a way that is confusing or unclear. To make sure you break through and understand the test’s questions, you’ll need to have a firm foundation in the ideas the test is asking about–but what are those mathematical ideas on the Series 7 exam? Zolio explains.

Tricky Math on the Series 7

Worried you don’t have the math skills to work on Wall Street? Don’t be–the math isn’t hard, but understanding what math to use when is crucial. Consider the simple account calculations that the Series 7 tests on, for example.

Fundamentals of Equity Securities

While debt and real estate are very important components of capital markets and corporate finance, the Series 7 exam and FINRA themselves spend a lot of time on equities. To pass the Series 7, you need to both be familiar with equity and the rules behind equity trading. This week Zolio digs into the basics of equities as FINRA and the Series 7 exam see it.