Take the Quiz: Are you ready to trade Options?
We want to make sure that Options trading is right for you. Please take the quiz below to test your knowledge. A score of 7 or more is desirable if you want to participate in our group.
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If you haven’t registered yet, you can subscribe here: https://tradingextremes.com/landing-page#1. What is an Option Chain?
#2. What is a GTC limit order?
#3. Select the options that could profit from a rise in the underlying's price
#4. An Out of Money Put option contract is
#6. XYZ is trading at $200 on expiration Friday. You are holding a short $190 Call in your portfolio. Which one of these is true?
#7. Stock ABC is trading for $99, which options are ITM (In The Money)?
#8. The following are characteristics of vertical spreads
#9. If you wanted to trade the furthest out-of-the-money call, which delta would you choose?
#10. Which of the following options has the greatest risk of assignment?
#11. If an option has $2 of intrinsic value and $1 of extrinsic value, what would the options premium be?
#12. Have you read the $25K Options Challenge Book? (The trading strategy is explained in detail in the Book)