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. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.2. Which of the following Option Strategies profit from Time Decay?A Short PutA (Short) Credit SpreadA (Long) Debit SpreadA Long Call3. What can be used as an Alternative to 'Probability of ITM'?The Extrinsic Value of an OptionImplied VolatilityThe Option Greek GammaThe Option Greek Delta4. Which of the following Assets can you trade Options on?IndexesETF'sStocks5. When is Time Decay the highest?It is linear and thus always the sameIt is highest 20 days before ExpirationIt becomes higher, the closer you get to Expiration6. Which of the following Factors do influence the Extrinsic Value of an Option?Implied Volatility (IV)The Underlying AssetTime left until ExpirationThe Price of the Underlying7. Is Historical Volatility the same as Implied Volatility?YesNo8. What is Systematic Risk?Systematic Risk is avoidable RiskSystematic Risk is unavoidable RiskSystematic Risk is Risk that only affects individual Assets9. Does the Bid/Ask spread have an impact on your overall profits?NoYes10. What does the Option Greek Gamma stand for?Time DecayVolatility impact on Option PriceThe Rate of Change of DeltaTime is Up!