Hello,

I’m pretty good with options strategies, and being able to calculate the gains/losses, max-loss, max-gain, and breakevens intuitively.

I was wondering if I actually need to know the proper notation that is used in the books for the actual exam?

Also, one thing I’m not good at is understanding the different payoff graphs for the different strategies. Would it suffice to just memorize how each one is drawn?

Thanks in advance