Your options videos really helped me grasp the material! I PASSED my Series 7 today. Your help was much appreciated. Especially the matrix and T charts. NOw on to the 66
Dean you are a life saver. Ive been reading endlessly, never understood what the hell was going on. After this video, I feel like I completely understood everything. Thank you for much for your time!
I passed the series 7 today! I wouldn’t have been able to do so without all your videos. It was very heavy on option and Margin and math in general. But I was prepared for that thanks to your videos. Great addition to my STC.
DEAN! I could cry, man. Thank you. Your lectures so far have been priceless, especially these on options. I take the 7 for the first time here in a week and a half. You have been helping tremedously. I don't come from a finance background in my education, so before these lectures attempting options has felt like a fight for a knife in the mud. Once again, THANK YOU!
Sir, your training is extremely helpful. I love your slides. I love your examples. I love your clarity. Thank you so much for making this available to us!
I find the slides are very helpful. Thanks for helping me through my 65 and now I’m about 3 weeks from the SIE. I’m quite positive I’ll be back watching for 7 and 63. Thank again for posting this useful content!!
Dean!!! I sit here in Chicago from the test center and you are the first to know that I passed my S7 today!!! All thanks to your amazing work/tips and videos. I honestly couldn’t have done this without your help. You are amazing and I’m so happy I can cry right now. It’s all over for me now. Thank you! Thank you!!!
Kudos on passing your Series 7 exam! Always very gratifying when my channel contributes to test taking victories like yours. Time to put those registrations to work!
This was utterly amazing! I have been stalling my series 7 exam because I was struggling with the concept of options. Never has it been more clear. I’m now ready to complete my options chapter and start taking my practice exams. Thank God for you!
I was searching RUclips yesterday as a last ditch effort to understand options the day before my exam and stumbled upon your videos. Wonderful explanation and immediately saw better scores on my practice tests as a result of your video. The matrix was very easy to remember and I wrote it down as soon as my test started. Also watched your summary of the FINRA practice test and it was the perfect review. Passed first try!! Thanks and onto the 6 and 63!
Love the matrix and the added visuals for us visual learners. I would not like a free-flowing whiteboard approach. I LOVE your current format of slides and handwritten notes to keep things clean and easier to understand, especially as you go back and forth. I rewind a ton and re-watch as it is. GREAT job!
THANK YOU for all your efforts here. You make options so much easier to wrap my head around. I work for one of the top financial advisors in Las Vegas and the pressure is on to finish the 7 and then the 66 and this is definitely a huge help!!!
Great video and explanation! Especially love the real world example you gave at the beginning, it made all the following concepts much easier to understand. Just took my last practice exam before my actual exam this Saturday, and I got a 94.44% on options thanks to you sir! 🙏🏽
Thank YOU DEAN.. your videos and explanations helped me pass my SIE today 11/29/22🎉🎉🎉🎉🎉 this was my 3rd attempt but your videos did it for me!! Now on to the next🎉🎉🎉
This video is priceless. All the time I thought the quadrants were related. OMG I'm going to pass this test! Thank you until the next video to clear up my confusion. lol
series 7 test coming up on 8/20! Used STC to study, and now going through all your lectures to supplement and for a change of scenery. thank you for doing these
I would imagine that one negative of a dry erase is that we would sit and wait while you write everything out. The way you did it in this video, we only had to watch as you drew extra notes. Guess would have to see it in action to know which is better. Thanks for another awesome video!
I am new to slides. Until the pandemic I would show up with my dry erase pens and teach. Tech support would ask do you need anything and I would say no I am good. Jealous that my friend, Brian Lee (testgeek) still does the old school way in his videos.
You asked in the recording if as a viewer/student watching would it be preferred to watch the lecture with prepared slides or the the whiteboards. I have watched both now for that last two days and whole heartedly I prefer your slides with the annotation. Let me add before closing I do thoroughly appreciate your clear explanations and relatable examples. TY!
really great video Dean! I was like others you referenced, Puts were a challenge. Thank you very much! Slides were great, white board would be less satisfying. I took screenshots to make the "poor man's" note card.
Hey Dean, love the lectures; they are a great help. I recently took my S7 and there was a question that had me kind of stumped and was wondering if you could answer it one of your next videos or reply back to this. The question was basically an options question dealing with calls and puts and how they would be applied to a customers portfolio; example: four different funds (A, B, C, D) each containing various amounts of different assets such as: fund a - 40% equities and 60 %debt as compared to fund d - 10% alt investments 90% commodities. Depending on market conditions, what call or put would be placed on what fund? Thanks
Will add to Series 7 Practice Exam 4. Looks like maybe testing on systematic risk in stocks and bonds. You would buy index puts of the index that most closely approximates the stock portfolio. Hope to make money on the puts to offset losses of the stock portfolio. You could also buy calls on the VIX. The VIX goes the opposite way of the market. Portfolio goes down VIX contracts you are holding go up. Hope, once again, to offset losses on the stock portfolio with the profit on the VIX call contracts. Systematic on the bond portfolio a little trickier. Afraid of interest rates going up causing your bond portfolio to go down. So need to do an option that goes up in value if interest rates go up. That would be a yield based option. Yield based options have a direct relationship with interest rates. So to make money on rising interest rates buy a yield based call. Hoping the profits on the yield based call offset losses on the bond portfolio,
Thank you Dean! This area for some reason I just can’t grasp! My husband is studying for his SIE and I decided to hop in to help so I’m coming in from no background in finances 😅 but, I figured if I’m studying and learning might as well also take the test.
You helped me pass my SIE, S7, and S66!! Now studying for March 2024 CFP exam. Having a hard time finding anyone like you on youtube for help on this one. Do you know any youtube creators that work in the CFP space??
No but I have practice questions on them . Been thinking on doing something on non equity options. Make sure you the index option contract and the exercise of index option are T + 1. Know the exercise is in cash.
Dean Hi, Thanks for the input at around the 1hr mark. Does Assign mean the same as exercise?? I assumed this during my SIE exam and passed but I didn't get the full details regarding this when Options are "Assigned".
I love the slides. Quick question, what do you mean by data dump? Like a quick jotting down of any info we can remember once we enter the testing facility? Are we allowed a calculator?
watching this video and having my robinhood open with the Options buy/sell orders demonstrating what my MG,ML, and BE is with real AAPL puts and calls. Dean i agree the best way to learn this is load your brokerage options order form and simulate as if you yourself are about to Buy or Sell a Put or Call and see how the brokerage app comes up with the same calculations you show on the slide. JUST DONT MAKE AN ACTUAL TRADE!! 😅
Kaplan video on Short Stock Short Put is saying MAX LOSS: Unlimited or in other words when hedging a short stock with a short put the maximum loss is unlimited? Does this make sense?
A customer buys a May S&P 500 call option with a strike price of 4000 and pays a premium of $300. On the May expiration date, if the S&P 500 closes at 4005, what will the customer realize? Hey can you show the t chart will look for this one?
Index options settle in cash. The cash is is owed by the seller to the buyer and is the intrinsic value. So $300 OUT and $500 IN (4005-4000). A gain of $200.
Hey dean, I took my exam yesterday and got a 65%. So bummed because I studied so hard and really thought I’d pass. :( do you have any recommendations on what I can do to up my chances of passing next time? I studied so much every day for a month straight and really had options and everything down.
Damn. That hurts. I know some very successful people in our industry who suffered this misfortune. It is just another test. A test of inner strength. I believe and most firms believe that a 60% plus is not knowledge deficit or a lack of dedication but some other variable. That is why most allow for the retake. Don't want to put additional pressure on you but I have not had someone get a 60% plus and not make their mark on a retake. So good news you can slay this Series 7 dragon. While the hurt is fresh go to the FINRA website print out the pdf of the Series 7 content outline and use it it to take an intellectual inventory. Who was your test prep vendor? Have you exhausted their Q bank?
@@Series7Guru thanks dean, I appreciate that. I used pass perfect and did about 80%+ on their practice final exams. I will do that though! I’m thinking of reading the books through one more time too and practicing more exams and retrying in 30 days.
Dean, I am from Bosnia and Hercegovina, English is a second language for me, and your comment about the mandarin lady googling words on option so resinate with me as this option sections about to kill me (:(: but your lectures are very very helpful. Thank you
I did much international business and always felt lucky and fortunate that English was being used in those dealings or i would have been lost. Glad you are finding them helpful.
Thanks Dean I made this decision To just take my 12 companies public Lol finra got that I will out source agents Broker can u make a video on Started up private equity found
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
Watch this next ruclips.net/video/Ltx1P-SUHqY/видео.html
Your options videos really helped me grasp the material! I PASSED my Series 7 today. Your help was much appreciated. Especially the matrix and T charts. NOw on to the 66
KUDOS on passing your Series 7 exam. Glad to hear the matrix and the T chart contributed to your success!
Congratulations! I plan to take the 7 on January
Dean you are a life saver. Ive been reading endlessly, never understood what the hell was going on. After this video, I feel like I completely understood everything. Thank you for much for your time!
Inch by inch options are a cinch. Yard by yard options are hard. Lol.
I passed the series 7 today! I wouldn’t have been able to do so without all your videos. It was very heavy on option and Margin and math in general. But I was prepared for that thanks to your videos. Great addition to my STC.
Kudos on passing your Series 7 exam today! Always gratifying when my videos contribute to test taking victories like yours.
I passed my SIE and now working on the 7. You helped me make sense of options. I definitely needed the real life examples.
Kudos on your SIE testing victory! Your SIE success will pay dividends on your Series 7 study effort. You got this!
DEAN! I could cry, man. Thank you. Your lectures so far have been priceless, especially these on options. I take the 7 for the first time here in a week and a half. You have been helping tremedously. I don't come from a finance background in my education, so before these lectures attempting options has felt like a fight for a knife in the mud. Once again, THANK YOU!
Glad you are finding them helpful. Options are target rich. 20 plus performance opportunities (test questions) on Series 7.
Sir, your training is extremely helpful. I love your slides. I love your examples. I love your clarity. Thank you so much for making this available to us!
De nada
I find the slides are very helpful. Thanks for helping me through my 65 and now I’m about 3 weeks from the SIE. I’m quite positive I’ll be back watching for 7 and 63. Thank again for posting this useful content!!
Thanks for the input. Kudos on your 65 testing victory!
Dean- you are an incredibly skilled teacher. Thank you for explaining this so well, I grasped it all thanks to you. I really appreciate it.
Glad you found it helpful.
Dean!!!
I sit here in Chicago from the test center and you are the first to know that I passed my S7 today!!! All thanks to your amazing work/tips and videos. I honestly couldn’t have done this without your help. You are amazing and I’m so happy I can cry right now. It’s all over for me now. Thank you! Thank you!!!
Kudos on passing your Series 7 exam! Always very gratifying when my channel contributes to test taking victories like yours. Time to put those registrations to work!
@@Series7Guru "put"
This was utterly amazing! I have been stalling my series 7 exam because I was struggling with the concept of options. Never has it been more clear. I’m now ready to complete my options chapter and start taking my practice exams. Thank God for you!
Inch by inch options are a cinch. Yard by yard options are hard. Glad that this lecture contributed to a options breakthrough for you.
I was searching RUclips yesterday as a last ditch effort to understand options the day before my exam and stumbled upon your videos. Wonderful explanation and immediately saw better scores on my practice tests as a result of your video. The matrix was very easy to remember and I wrote it down as soon as my test started. Also watched your summary of the FINRA practice test and it was the perfect review. Passed first try!! Thanks and onto the 6 and 63!
Kudos! Always very gratifying when my videos contribute to test taking victories like yours.
These videos are so incredibly helpful! The hacks and mnemonics are clutch.
Glad you are finding them helpful.
Love the matrix and the added visuals for us visual learners. I would not like a free-flowing whiteboard approach. I LOVE your current format of slides and handwritten notes to keep things clean and easier to understand, especially as you go back and forth. I rewind a ton and re-watch as it is. GREAT job!
Thanks.
This was SO HELPFUL!
I like the slides, and I love how you give a visual example as well!
Glad you found it helpful. Layin a good base for options is important.
Thank you for your videos! They're really helpful. I passed my series 7 on the fist try this week
Fantastic!
Dean this is very helpful as a supplement and you are doing a great job. Thank You
Thanks.
THANK YOU for all your efforts here. You make options so much easier to wrap my head around. I work for one of the top financial advisors in Las Vegas and the pressure is on to finish the 7 and then the 66 and this is definitely a huge help!!!
Glad you are finding it helpful.
Great stuff man. you are hands down the most knowledgeable person about this industry that I known or seen.
Thank you so much
i have my SIE tomorrow!!! i hope i pass, thank you for all your helpful videos! will come back to update you tomorrow :)
You got this! Be confident in yourself and most important be confident in your answers!
Circle back to share your testing victory.
Hey Dean, thanks so much for your videos. I passed the Series 7 on my first try. Your content made a huge difference. TY!!!
Kudos on passing your Series 7 exam! What's your next testing victory? 63? 66?
@@Series7Guru Next up is the 66. I’ll be watching those videos too!
Excellent. Should have another 66 practice final in that playlist shortly.
Great video and explanation! Especially love the real world example you gave at the beginning, it made all the following concepts much easier to understand. Just took my last practice exam before my actual exam this Saturday, and I got a 94.44% on options thanks to you sir! 🙏🏽
WOW! That is a great practice score. You are not at risk. Glad you found this video helpful
Thanks!
Thanks so much for the superchat.
Dean! Thank you! You made this so much easier for me!
De nada
Thank YOU DEAN.. your videos and explanations helped me pass my SIE today 11/29/22🎉🎉🎉🎉🎉 this was my 3rd attempt but your videos did it for me!! Now on to the next🎉🎉🎉
Kudos on a walk off home run with your last at bat. Congrats!
This video is priceless. All the time I thought the quadrants were related. OMG I'm going to pass this test! Thank you until the next video to clear up my confusion. lol
So glad this this helped you on your testing journey.
Lots of good information in Dean's videos. Imagine living in a world where these videos are *free.*
#GreatTimeToBeAlive
Good catch. Thanks. Typo. As you note discussion and explanation is correct. Errata. I have added your correction to time stamp at 30:24 for viewers.
I used this channel for the series 63..
Now it’s time for my 7!
I’ll be utilizing the same formula, STC and Series 7 Guru!
If it ain't broke don't fix it. Lol. Good plan. You got this!
@@Series7Guru do you have a playlist for the 7 or no?
@@awakentotruthmichaelsmith4698 there are 6 playlists fo the Series 7. All can be found on the home page.
@@Series7Guru awesome thank you
Number 670 - ThumbsUp - Thank you Dean for the best Series 7 Review videos!
Thx
series 7 test coming up on 8/20! Used STC to study, and now going through all your lectures to supplement and for a change of scenery. thank you for doing these
Excellent!
@@Series7Guru Dean, i sent you an email 2 days ago regarding series 7 tutoring...is your email address on here still valid?
Slide deck works great! Thanks for the matrix!
Matrix delivers lots of points.
amazing resource, I finally get it!
This is an amazing video, thank you for the help. I had to come here after my class to really understand these options strategies..
Thank you
Glad it helped!
Thank you for your work sir..i like your no nonsense style of teaching with a tinge of comedy
You are most welcome
Yeah i passed my SIE last week..on to series 6, then 63
Slides! Fantastic!
Glad you like them!
I would imagine that one negative of a dry erase is that we would sit and wait while you write everything out. The way you did it in this video, we only had to watch as you drew extra notes. Guess would have to see it in action to know which is better. Thanks for another awesome video!
I am new to slides. Until the pandemic I would show up with my dry erase pens and teach. Tech support would ask do you need anything and I would say no I am good. Jealous that my friend, Brian Lee (testgeek) still does the old school way in his videos.
Thanks Dean, appreciate your time on these option concepts .
You are welcome. Glad you find them helpful.
Slides are great. Thank you so much for your help and time.
Miss old fashioned stand and deliver white board but slides it is.
Thank you Sir! I wish I would have come across your lectures sooner.
Well you found us now.
I ❤ the slides and zoom!
This really helped me as a supplement to my course.
Glad to hear you found it helpful
You asked in the recording if as a viewer/student watching would it be preferred to watch the lecture with prepared slides or the the whiteboards. I have watched both now for that last two days and whole heartedly I prefer your slides with the annotation. Let me add before closing I do thoroughly appreciate your clear explanations and relatable examples. TY!
Thanks for the input
Thanks so much! Love the matrix. Going to memorize it.
Wonderful!
really great video Dean! I was like others you referenced, Puts were a challenge. Thank you very much! Slides were great, white board would be less satisfying. I took screenshots to make the "poor man's" note card.
Glad you found it helpful. Poor man's flash cards are under rated as a study tool.
VERY HELPFUL! Thank you Dean!
Glad you found it so.
Slides or the way your currently doing it is great :)
This is great!!! Perfect setup
A good base for sure.
@@Series7Guru do you provide mentorship?
You are the reason I passed on wednesday. I owe you a drink next time I am in Vegas
Kudos on making your mark!
Always very gratifying when my channel contributes to test taking victories like yours!
second time watching this one. Thanks Dean!!
That is what is great about video. Not a bad idea. With options sometimes the light goes on and then off again. Got to get it lit and keep it lit.
Hey Dean, love the lectures; they are a great help. I recently took my S7 and there was a question that had me kind of stumped and was wondering if you could answer it one of your next videos or reply back to this. The question was basically an options question dealing with calls and puts and how they would be applied to a customers portfolio; example: four different funds (A, B, C, D) each containing various amounts of different assets such as: fund a - 40% equities and 60 %debt as compared to fund d - 10% alt investments 90% commodities. Depending on market conditions, what call or put would be placed on what fund? Thanks
Will add to Series 7 Practice Exam 4.
Looks like maybe testing on systematic risk in stocks and bonds.
You would buy index puts of the index that most closely approximates the stock portfolio. Hope to make money on the puts to offset losses of the stock portfolio.
You could also buy calls on the VIX. The VIX goes the opposite way of the market. Portfolio goes down VIX contracts you are holding go up. Hope, once again, to offset losses on the stock portfolio with the profit on the VIX call contracts.
Systematic on the bond portfolio a little trickier. Afraid of interest rates going up causing your bond portfolio to go down.
So need to do an option that goes up in value if interest rates go up. That would be a yield based option. Yield based options have a direct relationship with interest rates. So to make money on rising interest rates buy a yield based call. Hoping the profits on the yield based call offset losses on the bond portfolio,
Thank you Dean! This area for some reason I just can’t grasp! My husband is studying for his SIE and I decided to hop in to help so I’m coming in from no background in finances 😅 but, I figured if I’m studying and learning might as well also take the test.
The couple that studies together stays together. Lol.
You helped me pass my SIE, S7, and S66!! Now studying for March 2024 CFP exam. Having a hard time finding anyone like you on youtube for help on this one. Do you know any youtube creators that work in the CFP space??
Unfortunately, I do not.
Excellent- I understand more. Thank you.
Glad you found it helpful.
The slides are great!
Think we now live in a slide world and unfortunately not a white board world. Thanks for our input.
I like this method teaching instead of an eraser board
Think my whiteboard may be dead. Lol.
scored 94% on options section after this video
Wow. Kudos!!
Have my SIE tomorrow, I will message you when I pass !
@@Series7Guru Passed the SIE thank you Dean!
Hey Dean, love the content. Are there any videos on index options? Thanks!!!
No but I have practice questions on them . Been thinking on doing something on non equity options. Make sure you the index option contract and the exercise of index option are T + 1. Know the exercise is in cash.
Dean Hi, Thanks for the input at around the 1hr mark. Does Assign mean the same as exercise?? I assumed this during my SIE exam and passed but I didn't get the full details regarding this when Options are "Assigned".
Yes. If you are short and your broker says you have been assigned intellectually and on the test means same thing as exercise.
I love the slides. Quick question, what do you mean by data dump? Like a quick jotting down of any info we can remember once we enter the testing facility? Are we allowed a calculator?
Yes, check out tips, tricks, and memory aids in the playlist
Slides are better. People can do screenshots of what they want to remember and to rehearse. Thanks Dean.
Good point. Know lots of test takers use snippet.
Ty
De nada
watching this video and having my robinhood open with the Options buy/sell orders demonstrating what my MG,ML, and BE is with real AAPL puts and calls. Dean i agree the best way to learn this is load your brokerage options order form and simulate as if you yourself are about to Buy or Sell a Put or Call and see how the brokerage app comes up with the same calculations you show on the slide. JUST DONT MAKE AN ACTUAL TRADE!! 😅
Love it
Kaplan video on Short Stock Short Put is saying MAX LOSS: Unlimited or in other words when hedging a short stock with a short put the maximum loss is unlimited? Does this make sense?
Yes. You need a choice to buy back the borrowed stock NOT an obligation to buy back the borrowed stock. Watch the next video where I cover this.
That is correct
@@Series7Guru Well done! These videos are helpful. Thank you!!
Glad you are finding them helpful
@@Series7Gurucan you drop the video link here. For the next one.
A customer buys a May S&P 500 call option with a strike price of 4000 and pays a premium of $300. On the May expiration date, if the S&P 500 closes at 4005, what will the customer realize? Hey can you show the t chart will look for this one?
Index options settle in cash. The cash is is owed by the seller to the buyer and is the intrinsic value. So $300 OUT and $500 IN (4005-4000). A gain of $200.
You help me so much thank you
Glad you are finding it helpful.
Hey dean, I took my exam yesterday and got a 65%. So bummed because I studied so hard and really thought I’d pass. :( do you have any recommendations on what I can do to up my chances of passing next time? I studied so much every day for a month straight and really had options and everything down.
Damn. That hurts.
I know some very successful people in our industry who suffered this misfortune. It is just another test. A test of inner strength.
I believe and most firms believe that a 60% plus is not knowledge deficit or a lack of dedication but some other variable. That is why most allow for the retake.
Don't want to put additional pressure on you but I have not had someone get a 60% plus and not make their mark on a retake. So good news you can slay this Series 7 dragon.
While the hurt is fresh go to the FINRA website print out the pdf of the Series 7 content outline and use it it to take an intellectual inventory.
Who was your test prep vendor? Have you exhausted their Q bank?
@@Series7Guru thanks dean, I appreciate that. I used pass perfect and did about 80%+ on their practice final exams.
I will do that though! I’m thinking of reading the books through one more time too and practicing more exams and retrying in 30 days.
@@kyliewatson4392 for sure. Take a break to refresh and reset. Then take this down! Get your new date right away.
Dean, I am from Bosnia and Hercegovina, English is a second language for me, and your comment about the mandarin lady googling words on option so resinate with me as this option sections about to kill me (:(: but your lectures are very very helpful. Thank you
I did much international business and always felt lucky and fortunate that English was being used in those dealings or i would have been lost. Glad you are finding them helpful.
uncovered short call "is like picking up nickels in front of a bulldozer"
Not a good risk reward ratio for sure. So many smarter things a bear could do. A credit call spread. Be a smart bear NOT a dumb bear! lol.
Thanks Dean I made this decision
To just take my 12 companies public
Lol finra got that I will out source agents
Broker can u make a video on
Started up private equity found
Well IPOs of Private Equity's portfolio companies is a common way to exit their investments. lol.
Ty
De nada