Question 1
A customer wants to begin trading options. Before any options transaction can be approved, the registered representative must obtain which document?
Correct Answer:
A completed Options Account Agreement signed by the customer
Question 2
The Options Disclosure Document (ODD) must be delivered to a customer:
Correct Answer:
At or prior to the time the account is approved for options trading
Question 3
A branch manager reviewing a new options account application notes the customer has 3 years of investment experience, a net worth of $85,000, and annual income of $60,000. The customer wants approval for Level 2 options trading (covered calls and long options). The manager should:
Correct Answer:
Approve the account as the financial profile is appropriate for Level 2 trading
Question 4
Which of the following is NOT required information when opening a customer options account?
Correct Answer:
Customer's mother's maiden name
Question 5
Under FINRA rules, which registered person must approve a customer's account for options trading?
Correct Answer:
A Registered Options Principal (ROP)
Question 1
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About this Exam

Prepare with the Series 9 Practice Questions - General Securities Sales Supervisor (Options) Exam practice quiz. This question bank includes 100 questions covering customer, supervisor, account, stock, and position. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Series 9 Practice Questions - General Securities Sales Supervisor (Options) Exam

This practice set contains 100 questions from the matching question bank and focuses on customer, supervisor, account, stock, and position. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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