Tuesday, October 24, 2006

Series 7 Hell

Could there be any more binders on my dining room table? This is where I sit for at least 2 hours every night trying to study for the Series 7 exam. I have study materials from 3 separate sources. Trust me when I say a lot of trees died so that I might understand this information!
Tonight is OPTIONS, basically I've decided it's legalized gambling! I finally figured out how to diagram the options to find out the break-even points, the maximum gain and the maximum loss for the calls, puts, spreads and straddles. Yes, it sounds like a foreign language, but hopefully it will soon be as easy to understand as English!!!!

1 comment:

Kris said...

UPDATE: It's official....I HATE options! I spent 3 days reading the material, practicing the drills and really thought I had it. That was until the chapter test tonight! Had the test been only 50 questions, I would have scored a successful 86%. However, the test had 100 questions and I got a lousy (failing) 69%. Ugh! That means another day in chapter 9: Options for Miss Kris!!!!!