Trading /ES Options

Options on ZB

Jason, I am finally able to trade options on futures on my TD/tos platform. I did so today, but don't quite understand it and wondering if you can clarify. I sold 2 ZB Dec 149 puts for '13. I figured I should receive 2 x 13 x $31.25 =  $812.50, but when I cue the duplicate  trade up on the platform it says credit received is exactly half, $406.50. For 1 contract it says credit received $200.13, again half of what I would come up with. Do you know what my mistake is?

SERIES 65

I have decided to take the Series 65 exam which is a requisite to becoming a  Registered Investment Advisor.  I am starting this thread because I think it should be interesting to see how someone with no formal business training and no prior experience working in the financial services industry will do. I have a 500 page study guide (Series 65, 5th edition, Kaplan Financial Education) which I will read over the next few months to prepare.  My understanding from a little online research is that it takes about 8 weeks to prepare for the exam. I'm not in a hurry but I would like to be done before golf season starts again, so my goal will be to finish this thing by February.

If any readers of this blog have experience with this exam or advice, feel free to share. I will provide periodic updates on my progress.

November Update