Series 28: Covered Short Positions

Taken from our Series 28 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 28 Info

What are people saying?

Create an Account

Since you're reading about Series 28: Covered Short Positions, you might also be interested in:

Series 63 - Registration of Investment Advisers

Series 24 - Short Positions in Margin Accounts

Series 79 - Financial Covenants

Series 65 - Regulation SHO

Series 63 - 4.7.3.1 Electronic Communications and Social Media Rules for Broker-Dealers

Series 24 - 4.2.3.1. Conflicts of Interest Disclosure: Customer Transactions

Series 53 - Close-Out by Purchaser

Series 24 - Dealers

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

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 took this Series 28 today and passed on my first try! I think the practice exams helped a ton, though in general, I would say the actual test seemed (at least to me), more difficult than the practice exams. Either way, couldn't have done it without the Solomon Exam Prep.

Gayle Espinosa. Los Angeles, CA

I wanted to let you know I passed my Series 28 today!! Thanks for great prep materials. I have been working really long hours at my job and it was a challenge finding the time to study. The video lectures proved to be a big help. I’m glad that exam is over!!!

Nikita Brown, BMI. Atlanta, GA

After multiple failed attempts at the Series 6, I felt somewhat defeated. I reached out to Solomon for guidance and I was more than impressed with the response I received. The study material was outstanding and the program structure is truly designed to help you pass! Jeremy Solomon was truly my biggest fan and I can't thank him enough for his help! Solomon is by far the best company out there for test preparation; don't waste any more money on the others this is all you will need to pass!

Tory Hamlin, Agency Owner, Jacksonville, FL

I passed the Series 50 on the first attempt thanks to Solomon's materials. Although the questions on the exam were much more difficult and complex in structure and format than the Solomon practice exams, the study materials & practice exams did enforce the concepts that the actual exam was testing. Thank you Solomon!!!

Lisa Gesin, Gesin Consulting, Dallas, TX

The Series 79 study materials were fantastic. Thank you!

Cecilia Shea, CPA, Palo Alto, CA