Series 9 Sample Questions
Our Questions Mimic the Real Exam
Our courses reinforce retention over memorization with in-depth content and practice questions that mimic the actual test — so there are no surprises come exam day.
Closed & Open Stem
Most/Least/Best
Except or Not
Complex Multiple Choice
A customer buys 100 shares of XYZ at $49 and buys 1 XYZ Jan 50 Put @ $5. The maximum potential gain is:
A.
$500
B.
$4,400
C.
$5,500
D.
Unlimited
A registered representative is promoting covered call writing by telling his customers that “selling covered calls gives a high rate of return.” Under CBOE® rules, this statement is:
A.
Prohibited
B.
Allowed only if preceded or accompanied by the latest Options Clearing Corporation (OCC) disclosure document
C.
Allowed only if the representative informs his customers that supporting documentation to the claim is available upon request
D.
Allowed under all circumstances
To establish a short call position, an order ticket must be marked:
A.
Opening purchase
B.
Opening sale
C.
Closing purchase
D.
Closing sale