Options (Series 7)
Welcome to Basic Wisdom’s Options Video Course—a focused and comprehensive resource designed to help you master the options-related content on the FINRA’s Series 7 Exam. This course covers all the essential options-related test concepts, including:
Derivatives & options fundamentals
Single-leg options strategies (long calls, short calls, long puts, short puts)
Hedging strategies (protective calls & puts),
Income strategies (covered calls & puts)
Straddle strategies (long & short straddles)
Spread strategies (call & put spreads)
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Introduction
A roadmap of the curriculum, detailing the specific strategies covered and the most effective ways to utilize these resources. Learn how to navigate the four core sections and optimize your study plan for success.
A roadmap of the curriculum, detailing the specific strategies covered and the most effective ways to utilize these resources. Learn how to navigate the four core sections and optimize your study plan for success.
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Derivatives & Options Basics
Master the core principles and fundamental mechanics of derivatives and options contracts. You’ll learn essential terminology and foundational concepts required to master options on the exam.
Master the core principles and fundamental mechanics of derivatives and options contracts. You’ll learn essential terminology and foundational concepts required to master options on the exam.
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Long Calls
The fundamental characteristics of long call options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The fundamental characteristics of long call options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Short Calls
The core mechanics of short call options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The core mechanics of short call options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Long Puts
The core principles of long put options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The core principles of long put options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Short Puts
The structural elements of short put options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The structural elements of short put options contracts, including market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Protective Puts
The foundational concepts of protective put strategies, which involve using long puts to protect against the risk of a long stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The foundational concepts of protective put strategies, which involve using long puts to protect against the risk of a long stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Protective Calls
A functional overview of protective call strategies, which involve using long calls to protect against the risk of a short stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
A functional overview of protective call strategies, which involve using long calls to protect against the risk of a short stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Covered Calls
The core principles of covered call strategies, which involve writing calls to increase income alongside a long stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The core principles of covered call strategies, which involve writing calls to increase income alongside a long stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Covered Puts
The defining features of covered put strategies, which involve writing puts to increase income alongside a short stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
The defining features of covered put strategies, which involve writing puts to increase income alongside a short stock position. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Long Straddles
An overview of long straddle strategies, which involve simultaneously buying a call and a put option as a bet for market volatility. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
An overview of long straddle strategies, which involve simultaneously buying a call and a put option as a bet for market volatility. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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Short Straddles
A detailed guide to short straddle strategies, which involve simultaneously selling a call option and a put option to generate income in a neutral market. This analysis covers market sentiment, maximum gain, maximum loss, breakeven points, and profit/loss potential across various market price scenarios.
A detailed guide to short straddle strategies, which involve simultaneously selling a call option and a put option to generate income in a neutral market. This analysis covers market sentiment, maximum gain, maximum loss, breakeven points, and profit/loss potential across various market price scenarios.
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Identifying & Naming Spreads
An introduction to option spread strategies, which involve simultaneously buying and selling options of the same underlying security and class. We establish a clear framework to properly identify and name spreads—including vertical, horizontal, and diagonal spreads.
An introduction to option spread strategies, which involve simultaneously buying and selling options of the same underlying security and class. We establish a clear framework to properly identify and name spreads—including vertical, horizontal, and diagonal spreads.
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Long Call Spreads
An analysis of long call spreads, a limited-risk strategy utilized when an investor has a moderately bullish market sentiment. We break down the mechanics of buying and selling call options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
An analysis of long call spreads, a limited-risk strategy utilized when an investor has a moderately bullish market sentiment. We break down the mechanics of buying and selling call options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
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Short Call Spreads
The fundamental characteristics of short call spreads, a limited-risk strategy utilized when an investor has a moderately bearish market sentiment. We break down the mechanics of selling and buying call options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
The fundamental characteristics of short call spreads, a limited-risk strategy utilized when an investor has a moderately bearish market sentiment. We break down the mechanics of selling and buying call options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
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Long Put Spreads
The core concepts of long put spreads, a limited-risk strategy utilized when an investor has a moderately bearish market sentiment. We break down the mechanics of buying and selling put options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
The core concepts of long put spreads, a limited-risk strategy utilized when an investor has a moderately bearish market sentiment. We break down the mechanics of buying and selling put options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
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Short Put Spreads
The defining features of short put spreads, a limited-risk strategy utilized when an investor has a moderately bullish market sentiment. We break down the mechanics of selling and buying put options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
The defining features of short put spreads, a limited-risk strategy utilized when an investor has a moderately bullish market sentiment. We break down the mechanics of selling and buying put options simultaneously, evaluating maximum gain/loss, breakeven, and gain/loss potential at various price points.
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Long Calls
Your opportunity for “additional work” on long call options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on long call options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Short Calls
Your opportunity for “additional work” on short call options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on short call options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Long Puts
Your opportunity for “additional work” on long put options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on long put options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Short Puts
Your opportunity for “additional work” on short put options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on short put options contracts. Test yourself and ensure you fully understand this strategy. Concepts covered include market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Protective Puts
Your opportunity for “additional work” on protective puts. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on protective puts. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Protective Calls
Your opportunity for “additional work” on protective calls. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on protective calls. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Covered Calls
Your opportunity for “additional work” on covered calls. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on covered calls. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Covered Puts
Your opportunity for “additional work” on covered puts. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
Your opportunity for “additional work” on covered puts. Test yourself and ensure you fully understand this strategy. Includes analysis of market sentiment, maximum gain, maximum loss, breakeven point, and profit/loss potential at varying market prices.
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Long Straddles
Your opportunity for “additional work” on long straddles. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
Your opportunity for “additional work” on long straddles. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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Short Straddles
Your opportunity for “additional work” on long straddles. Test yourself and ensure you fully understand this strategy. This analysis covers market sentiment, maximum gain, maximum loss, breakeven points, and profit/loss potential across various market price scenarios.
Your opportunity for “additional work” on long straddles. Test yourself and ensure you fully understand this strategy. This analysis covers market sentiment, maximum gain, maximum loss, breakeven points, and profit/loss potential across various market price scenarios.
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Long Call Spreads
Your opportunity for “additional work” on long call spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
Your opportunity for “additional work” on long call spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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Short Call Spreads
Your opportunity for “additional work” on short call spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
Your opportunity for “additional work” on short call spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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Long Put Spreads
Your opportunity for “additional work” on long put spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
Your opportunity for “additional work” on long put spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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Short Put Spreads
Your opportunity for “additional work” on short put spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
Your opportunity for “additional work” on short put spreads. Test yourself and ensure you fully understand this strategy. We evaluate market sentiment, maximum gain, maximum loss, breakeven points, and gain/loss potential at various price points.
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