SIE Exams - Exam Dump
SIE Exams - Exam Dump
forward 2/1
reverse 1/2
preferred stock
div yield = income /par
cy = income/mp
bond
conversion ratio = par/share price
conversion price = bond price/ratio
OPTIONS
long call
mg unlimited; max loss; premium; b/e= s+p
short call
mg premium; max loss;unlimited b/e= s+p
long put
mg s-p; max premium; b/e= s-p
short put
mg premium; max loss; s-p; b/e= s-p
option strategies
long stock/long put
long stock/short call
short stock/long call
short stock/short put s
long stock/long put mg= unlimited; ml= be-strike be= stock+premium (h) -
bullish sentiments
long stock/short cal mg= strike-be; ml=be; be=stock-premium (income) -
covered call - neutral/slightly bullish sentiments
short stock/long call mg=be; ml=strike-be; be= stock-premium (h) -
bearish
short stock/short put mg = be-strike; ml= unlimited; be=stock+premium (income) -
covered put- neutral/slightly bearish sentiment
MARKET ORDERS
goverment actual/365
other 30/360