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 can be used as an Alternative to 'Probability of ITM'?The Option Greek DeltaThe Extrinsic Value of an OptionImplied VolatilityThe Option Greek Gamma2. Which of the following Assets can you trade Options on?IndexesETF'sStocks3. Which of the following Option Strategies profit from Time Decay?A Short PutA (Short) Credit SpreadA (Long) Debit SpreadA Long Call4. When is Time Decay the highest?It becomes higher, the closer you get to ExpirationIt is highest 20 days before ExpirationIt is linear and thus always the same5. What does the Option Greek Gamma stand for?Volatility impact on Option PriceThe Rate of Change of DeltaTime Decay6. Does the Bid/Ask spread have an impact on your overall profits?NoYes7. What is Systematic Risk?Systematic Risk is avoidable RiskSystematic Risk is unavoidable RiskSystematic Risk is Risk that only affects individual Assets8. Which of the following Factors do influence the Extrinsic Value of an Option?The Underlying AssetTime left until ExpirationImplied Volatility (IV)The Price of the Underlying9. Is Historical Volatility the same as Implied Volatility?NoYes10. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.Time is Up!