Just got this email. I'm pre-ordering the book. it's $99 and you get the testbank with 50 question practice tests.
The Options Institute is committed to providing quality market education to both individual and institutional option traders. With the introduction of the Series 56 license the Institute has been working diligently to create materials. The goal is to balance quality information with the deadline individuals are working with to pass the exam. Over the next couple of weeks we will be offering study aids in the form of a study guide, online practice testing system and series of webcasts.
The study guide takes the outline that was given as guidance to prepare for the exam. The guide is very direct and to the point on definitions and rules that may appear on the exam. A first version of the study guide should be available for purchase the afternoon of Tuesday July 26 for $99.00. We will begin taking orders for the study guide on Monday July 25. Again the Institute is balancing the timely need for study materials with the deadline that test takers are working under. If based on feedback, there appears to be a need to update this material we will through addendums in the form of emailed files.
The Option Institute has in place an online testing system. A test bank of 200 questions is being developed and this test bank will be randomly accessed to create unique 50 question online practice tests. As with the study guide, based on participant feedback, we plan to expand the number of questions in the test bank. Access to the testing system will be included with purchase of the study guide.
Finally, we plan to offer a three part series of webcasts the week of August 8 to 12. The times and actual dates of the webcast series will be announced shortly, but the format will be three two hour webcasts that will directly address the outlined material. If the need arises, a fourth webcast may be offered to specifically answer any questions that come up over the course of study. The cost of the webcast series will be $199. This includes a copy of the study guide and access to the practice testing system. After purchasing the study guide, this may be applied to the webcast series.
Also, the instructors that created the materials may be available to visit firms and offer sessions on taking the test and answer any questions that test takers may have. Please Debra Peters (peters@cboe.com or 312-786-7395) at the Options Institute regarding this extra service or if you have any other questions regarding the materials.
The Options Institute is approaching the Series 56 materials with a collaborative attitude. We feel the market participants that are required to take the Series 56 are essential to the liquidity and success of the option market place. Our ultimate goal is to help these participants pass this exam and get back to the business of providing liquidity to our market.
Russell Rhoads, CFA
Instructor
CBOE - The Options Institute
www.cboe.com/LearnCenter/
The Options Institute is committed to providing quality market education to both individual and institutional option traders. With the introduction of the Series 56 license the Institute has been working diligently to create materials. The goal is to balance quality information with the deadline individuals are working with to pass the exam. Over the next couple of weeks we will be offering study aids in the form of a study guide, online practice testing system and series of webcasts.
The study guide takes the outline that was given as guidance to prepare for the exam. The guide is very direct and to the point on definitions and rules that may appear on the exam. A first version of the study guide should be available for purchase the afternoon of Tuesday July 26 for $99.00. We will begin taking orders for the study guide on Monday July 25. Again the Institute is balancing the timely need for study materials with the deadline that test takers are working under. If based on feedback, there appears to be a need to update this material we will through addendums in the form of emailed files.
The Option Institute has in place an online testing system. A test bank of 200 questions is being developed and this test bank will be randomly accessed to create unique 50 question online practice tests. As with the study guide, based on participant feedback, we plan to expand the number of questions in the test bank. Access to the testing system will be included with purchase of the study guide.
Finally, we plan to offer a three part series of webcasts the week of August 8 to 12. The times and actual dates of the webcast series will be announced shortly, but the format will be three two hour webcasts that will directly address the outlined material. If the need arises, a fourth webcast may be offered to specifically answer any questions that come up over the course of study. The cost of the webcast series will be $199. This includes a copy of the study guide and access to the practice testing system. After purchasing the study guide, this may be applied to the webcast series.
Also, the instructors that created the materials may be available to visit firms and offer sessions on taking the test and answer any questions that test takers may have. Please Debra Peters (peters@cboe.com or 312-786-7395) at the Options Institute regarding this extra service or if you have any other questions regarding the materials.
The Options Institute is approaching the Series 56 materials with a collaborative attitude. We feel the market participants that are required to take the Series 56 are essential to the liquidity and success of the option market place. Our ultimate goal is to help these participants pass this exam and get back to the business of providing liquidity to our market.
Russell Rhoads, CFA
Instructor
CBOE - The Options Institute
www.cboe.com/LearnCenter/