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Study for the Series 7 10x faster with AI

Learn options, bonds, packaged products and suitability with a tutor that explains every calculation and rule behind the General Securities exam.

4.87en iOS13,917,000+estudiantes ya estudian con Kuest

topics
9
Questions
125
Time
3h 45m
Passing score
72

See how Kuest teaches it

It asks before it tells, so you do the thinking and it sticks.

You: A customer buys 100 shares at $50 and sells a 55 call for a $2 premium. What are the max gain and breakeven?
Kuest: If the stock rises above 55, what happens to the shares?
You: The call gets exercised, so the customer sells them at 55.
Kuest: Right. So per share, what's the gain from the stock plus the premium kept?
You: 55 − 50 = 5, plus 2 premium, so $7 a share, $700 for the contract.
Kuest: Exactly. And the premium lowers the cost, so where's breakeven?
You: 50 − 2 = $48.

On a covered call, max gain is strike minus cost plus premium, and breakeven is cost minus premium.

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The method

How to study Series 7 with Kuest

The Series 7 is heavy on applying rules and running quick calculations, especially options and bonds. Learn each product, drill the math until it's automatic, and take timed practice exams to build accuracy across a long sitting.

  1. Plan to your exam dateStudy plan

    Get a schedule that covers every product area with time for full practice exams.

  2. Learn each product and ruleTutor chat

    Ask how a municipal bond, a variable annuity or a margin call works and get it explained with examples.

  3. Picture options payoffsTeaching board

    Use the teaching board to draw profit and loss for calls, puts and hedged positions.

  4. Memorize rules and deadlinesFlashcards

    Turn rules, account types and settlement dates into flashcards with spaced review.

  5. Take timed practice examsMock exams

    Practice full-length mock exams to build pace for the real sitting.

  6. Target weak areasGap finder

    See whether options, munis or suitability costs you most and study those next.

What you'll cover

Tap a topic to learn it now.

  1. 01How the Series 7 worksKnow the question count, time, passing score and the SIE corequisite.
  2. 02Seeking business and communicationsApply rules on retail communications, prospecting and outside activities.
  3. 03Opening customer accountsCollect the right information and choose the right account type.
  4. 04Equity securitiesExplain common and preferred stock, rights, warrants and ADRs.
  5. 05Debt securities and municipal bondsCalculate yields, compare bond types and analyze municipal issues.
  6. 06OptionsFind max gain, max loss and breakeven for basic and hedged positions.
  7. 07Packaged products and retirement plansCompare mutual funds, ETFs, annuities and tax-advantaged accounts.
  8. 08Suitability and recommendationsMatch investments to a customer's objectives, risk tolerance and profile.
  9. 09Trading, margin and processing transactionsHandle order types, margin requirements, settlement and confirmations.

Try asking

Tap a question and Kuest starts teaching it, step by step.

Helps you prepare for

  • Series 7
  • SIE

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  • Booked days in advance
  • One subject per session
  • Stops when the hour ends

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$10a month, billed yearly

  • Every subject and exam on this site
  • Any hour, as long as you need
  • Quizzes, flashcards, podcasts and mock exams

Study on any device

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