Intermediate Option Trading Quiz Welcome to the Intermediate Option Trading Quiz. Here you can test your knowledge gained from the Intermediate 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. What is Systematic Risk?Systematic Risk is Risk that only affects individual AssetsSystematic Risk is avoidable RiskSystematic Risk is unavoidable Risk2. Is Historical Volatility the same as Implied Volatility?NoYes3. What does the Option Greek Gamma stand for?Time DecayVolatility impact on Option PriceThe Rate of Change of Delta4. What can be used as an Alternative to 'Probability of ITM'?The Option Greek GammaThe Option Greek DeltaThe Extrinsic Value of an OptionImplied Volatility5. Which of the following Option Strategies profit from Time Decay?A Long CallA (Short) Credit SpreadA (Long) Debit SpreadA Short Put6. Which of the following Assets can you trade Options on?StocksIndexesETF's7. Which of the following Factors do influence the Extrinsic Value of an Option?The Price of the UnderlyingTime left until ExpirationThe Underlying AssetImplied Volatility (IV)8. Does the Bid/Ask spread have an impact on your overall profits?YesNo9. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.10. When is Time Decay the highest?It is highest 20 days before ExpirationIt is linear and thus always the sameIt becomes higher, the closer you get to ExpirationTime is Up!