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. Which of the following Factors do influence the Extrinsic Value of an Option?Implied Volatility (IV)The Price of the UnderlyingThe Underlying AssetTime left until Expiration2. Does the Bid/Ask spread have an impact on your overall profits?NoYes3. What can be used as an Alternative to 'Probability of ITM'?Implied VolatilityThe Extrinsic Value of an OptionThe Option Greek DeltaThe Option Greek Gamma4. 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 Expiration5. What does the Option Greek Gamma stand for?Time DecayVolatility impact on Option PriceThe Rate of Change of Delta6. Is Historical Volatility the same as Implied Volatility?YesNo7. Which of the following Assets can you trade Options on?IndexesStocksETF's8. Which of the following Option Strategies profit from Time Decay?A (Short) Credit SpreadA (Long) Debit SpreadA Long CallA Short Put9. ABC is currently trading for $343. Calculate the Intrinsic Value of a Put Option with the strike 340.10. What is Systematic Risk?Systematic Risk is avoidable RiskSystematic Risk is Risk that only affects individual AssetsSystematic Risk is unavoidable RiskTime is Up!