Series 7 Exam Prep 51, Options Taxation and Exercise
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That exercising an option is not an immediate taxable event; it adjusts the cost basis or sales proceeds of the stock. - The mnemonic "Call Up, Put Down" to remember that for calls you add the premium to the strike price, and for puts you subtract it. - How…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.