Series 7 options drill

10 questions · Untimed · Worked answer after each question

Calls and puts, breakevens, maximum gain and loss, spreads, straddles, hedges, index options and OCC rules. F3 3.1–3.3 of the FINRA Series 7 content outline.

Line drawing of an hourglass, a tear-off desk calendar and a key on a ring beside a small padlock

Before you start

Every question has four options and one correct answer, as on the real exam. Each worked answer shows the rule or the arithmetic and why the most tempting wrong answer is wrong.
Check each answer to see the worked answer before moving on. Checked answers cannot be changed.

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Create a free account to start. Every drill includes one free attempt. A securities licensing pass unlocks every full timed mock exam and unlimited drills for the Series 7, 63, 65 and 66.

Original practice questions written to the published FINRA content outline. Independent preparation, not affiliated with or endorsed by FINRA or NASAA.