Series 27: Covered Short Positions

Taken from our Series 27 Online Guide

Covered Short Positions

Where a broker-dealer is short a call that it has an offsetting long position in the same underlying instrument for, the haircut is calculated by deducting the percentage required of the current market value of the underlying instrument for the offsetting long position reduced by the short call’s intrinsic value. Intrinsic value is the differe

+ Read More

More Series 27 Info

What are people saying?

Create an Account

Since you're reading about Series 27: Covered Short Positions, you might also be interested in:

Series 53 - 4.2.3.3. Depository Eligibility Registration: Issuers

Series 50 - Certificates of Participation (COPs)

Series 66 - Collateralized Mortgage Obligations

SIE - Mutual Fund Distributions

Series 79 - Due Diligence

Series 24 - Third Market

Series 7 - 3.3.2.1.2. Continuing Disclosure Agreement

Series 65 - 8.7.4.2 Exemptions from Registration Under the Investment Advisers Act

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I passed my 27 and I can't thank you enough for the preparation materials, most importantly the Final Exams. I studied for weeks for this test and buckled down the last two weeks of 6 hour study days. It's a great feeling and I couldn't have done it without you!!!

Amanda Whitney, Great Nation Investment Corporation, Amarillo, TX

Last August 2020 I passed the Series 28 on the first try using your materials. I just wanted to drop in and let you know I passed the Series 27 exam today!! I am so happy today as I took the test in Jan of this year and missed it by 3 points. I switched up my focus and really zoned in the most heavily weighted chapters. This is by far the hardest exam I have taken. Thank you Solomon for your excellent study materials. I'll be back when I pass the next one ;)

Nikita Brown, BMI. Atlanta, GA

I passed my SIE. I was using Kaplan and it was not working out as well. I did study the book, did the simulated exams about 15 times and quizzes at least 5 times each before taking the exam. The testimonials here helped me follow a strategy and I stayed focused on passing. Solomon exam prep material really prepares you for the exam, I passed on Aug 21 2021 after using other competitive materials to no success. Thank you Solomon Exam Prep.

Omo Vanwie, Morgan Stanley. Columbus, OH

I followed the Solomon recipe for success and passed the Series 63 on my first attempt!!

Jaime Avery, John Hancock, Boston, MA

I never really had to study in high school or college, so I was especially nervous to take this exam after hearing from colleges how difficult the Series 6 was. This program gave step-by-step instructions on how to study which ultimately led to me passing on my first try with an 81.

Ambria Smith, PFM Fund Distributors, Harrisburg, PA

I began the process of studying for the Series 65 in October of 2013. I studied with two other exam prep companies. The result, a 70% each time.

Then, I bought Solomon’s Exam Prep 65. As I did with the other two, I went step by step, and when it said I was ready I sat for the exam! Boom! 80%, passing all four sections at once! So if you’re surfing the internet right now wondering who to go with….STOP….Solomon’s is the right choice for today’s professional to get the licensing you need done the first time, not the third!

Shad Johnson, The Mueller Companies, Canon City, CO

Solomon Exam Prep has moved to Pass Perfect! Contact support to move your account →

Series 27: Covered Short Positions

Taken from our Series 27 Online Guide

Since you're reading about Series 27: Covered Short Positions, you might also be interested in:

Ask the Professor

Thanks for being part of the Solomon community!

All securities exam prep and IAR CE courses must now be purchased
at Pass Perfect. Go now →