Option Intermediate 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. Does the Bid/Ask spread have an impact on your overall profits?YesNo3. What can be used as an Alternative to 'Probability of ITM'?The Option Greek DeltaThe Extrinsic Value of an OptionImplied VolatilityThe Option Greek Gamma4. 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?Time DecayThe Rate of Change of DeltaVolatility impact on Option Price6. Which of the following Option Strategies profit from Time Decay? A Short Put A (Short) Credit Spread A (Long) Debit Spread A Long Call7. What is Systematic Risk?Systematic Risk is Risk that only affects individual AssetsSystematic Risk is avoidable RiskSystematic Risk is unavoidable Risk8. Which of the following Factors do influence the Extrinsic Value of an Option? The Price of the Underlying The Underlying Asset Time left until Expiration Implied Volatility (IV)9. Is Historical Volatility the same as Implied Volatility?NoYes10. Which of the following Assets can you trade Options on? ETF's Indexes StocksTime is Up!