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 unavoidable Risk Systematic Risk is avoidable Risk Systematic Risk is Risk that only affects individual Assets2. What does the Option Greek Gamma stand for? The Rate of Change of Delta Time Decay Volatility impact on Option Price3. When is Time Decay the highest? It is linear and thus always the same It becomes higher, the closer you get to Expiration It is highest 20 days before Expiration4. Which of the following Factors do influence the Extrinsic Value of an Option? Implied Volatility (IV) Time left until Expiration The Price of the Underlying The Underlying Asset5. Which of the following Assets can you trade Options on? Stocks ETF's Indexes6. Is Historical Volatility the same as Implied Volatility? Yes No7. Does the Bid/Ask spread have an impact on your overall profits? No Yes8. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.9. Which of the following Option Strategies profit from Time Decay? A (Short) Credit Spread A Long Call A (Long) Debit Spread A Short Put10. What can be used as an Alternative to 'Probability of ITM'? The Option Greek Delta Implied Volatility The Option Greek Gamma The Extrinsic Value of an OptionTime is Up!