Advanced Option Trading Quiz Welcome to the Advanced Option Trading Quiz. Here you can test your knowledge gained from the Advanced Course. Try to take the Quiz without any help. You will be able to retake the Quiz as many times as you wish. Good Luck! 1. When is Gamma Risk the highest?Gamma Risk is linear and never changesGamma Risk is highest 20 days before ExpirationGamma Risk gets higher, the closer you get to ExpirationGamma Risk gets smaller, the closer you get to Expiration2. Does Option Assignment happen most in the last Week before Expiration?YesNo3. What does a Beta of 1 mean on a Stock (Beta Weighted to SPX)?That this Stock will move very similar to the SPXThat this Stock will move in the opposite direction of the SPXThat this Stock will be much more volatile than the SPX4. What is the most important?The EntryThe ExitThe Correct AdjustmentTime is Up!