This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and CFP designation. He is passionate about opening up information to help everyone prepare better for financial certification exams. This episode covers content for the SIE Exam.

In this episode you will learn:

- The fundamental difference between a call option and a put option.

- The specific rights of an option buyer versus the obligations of an option seller.

- How to define and apply key terms like strike price, premium, and expiration.

- The market outlooks associated with buying and selling calls and puts.

- How to avoid common exam traps, like forgetting the 100-share multiplier in calculations.

For more resources visit https://open-exam-prep.com/ and connect on LinkedIn at https://linkedin.com/in/chenran818