Series 7 Exam Cheat Sheet 2026 | Options Formulas, Margin Rules & Key Strategies
Feb 7, 2026
The ULTIMATE Series 7 cheat sheet! Every options formula, margin rule, and key concept you need to pass the FINRA Series 7 exam in 2026.
š Options Quick Reference:
⢠Long Call: Max Loss = Premium, Breakeven = Strike + Premium
⢠Short Call: Max Loss = UNLIMITED, Max Gain = Premium
⢠Long Put: Max Gain = Strike - Premium, Breakeven = Strike - Premium
⢠Short Put: Max Loss = Strike - Premium
⢠Memory: Call UP, Put DOWN
š Key Formulas:
⢠Reg T = 50% Initial Margin
⢠Long Maintenance = 25%
⢠Short Maintenance = 30%
⢠Tax-Equivalent Yield = Muni Yield ÷ (1 - Tax Rate)
ā ļø CRITICAL: Function 3 = 73% of the entire exam!
š FREE Series 7 Prep: https://open-exam-prep.com/exams/series7
š Start FREE Practice: https://open-exam-prep.com
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ā±ļø Timestamps:
0:00 - Introduction
0:05 - Key Facts & Stats
0:53 - Content Breakdown
1:36 - Hardest Topics
2:24 - Study Strategy & Next Steps
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