This video teaches finance students how to solve options questions typically found on exams. Using a simple example of a portfolio consisting of a call and put options on PepsiCo stock, the video demonstrates how to draw a payoff table and calculate the total payoff for the portfolio. Key concepts such as the sale of call options, the purchase of put options, and calculating payoff through straightforward steps are covered. The video also touches on the importance of payoff diagrams and how to effectively approach options questions, ensuring that students feel empowered to tackle similar problems in exams and assessments.