STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

Have you ever taken a look at FINRA's Study Outline for the Securities Industry Essentials exam? Why do I ask this question? Because the Study Outline indicates what you need to know to pass the test, and also, equally important, what you don't need to know. Everything that is mentioned in FINRA's Study Outline is grist for the SIE exam, but stuff that is not mentioned means that it is not tested and therefore not necessary to know. This is why Bob Eder's Study for the Securities Industry Essentials Exam is so useful. Every major paragraph in the book connects to the Study Outline. For example, the Study Outline in section 3.1.3 talks about Regulation T, regular-way settlement, and the time periods allowed. Our book discusses these topics and next to each appropriate paragraph indicates "3.1.3." This is an important aid for an applicant's study because it says that this material and these topics are tested on the SIE exam. Make sure that if you purchase a...

If you plan to sit for the Securities Industry Essentials (SIE) Exam in the near future, you need to know that the SIE exam asks questions about options. The topic of options is contained in Section 2 of the FINRA Study Outline for the SIE test, Section 2 has the most questions, 33 in total, and a chunk of those are on options, found in 2.1.3 of the Study Outline. One of the characteristics of options is identifying a put or call as in-the-money, at-the-money, and out-of-the-money. Make sure you can properly apply these terms. For example, a put option is in-the-money when the stock price is below the option's strike price. If you are fuzzy about these concepts, meaning that you are unable to confidently state when an option is in-the-money, etc., you need help in preparing for the SIE exam.  Bob Eder J.D.'s book Study for the Securities Industry Essentials (SIE) Exam covers options in detail with practice questions and real-life examples.  It is available from A...