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 does the Option Greek Gamma stand for?Volatility impact on Option PriceTime DecayThe Rate of Change of Delta2. Which of the following Factors do influence the Extrinsic Value of an Option?Implied Volatility (IV)The Price of the UnderlyingTime left until ExpirationThe Underlying Asset3. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.4. Which of the following Assets can you trade Options on?StocksIndexesETF's5. 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 Expiration6. What is Systematic Risk?Systematic Risk is Risk that only affects individual AssetsSystematic Risk is avoidable RiskSystematic Risk is unavoidable Risk7. What can be used as an Alternative to 'Probability of ITM'?The Option Greek GammaThe Extrinsic Value of an OptionImplied VolatilityThe Option Greek Delta8. Does the Bid/Ask spread have an impact on your overall profits?YesNo9. Which of the following Option Strategies profit from Time Decay?A (Short) Credit SpreadA Short PutA (Long) Debit SpreadA Long Call10. Is Historical Volatility the same as Implied Volatility?YesNoTime is Up!