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Week 3: Quiz #1

If "SPY" is going up, the "VIX" is doing what?
Same as SPY
No correlation
Going down
None
When is buying weekly expiration dates beneficial?
Daytrading
Swinging
Scalping
Both Daytrading & Scalping
You just made $100. What do you do next?
Take profit and reinvest
Take profit and stop trading for the day
Use half of profits to reinvest
None
If a contract is $400 and you have a $2000 account, is this a smart trade?
Yes
No
When a bullflag is forming, do you:
Jump in
Wait for it to form all the way
Wait for confirmation, then execute
Both the second and third answer
If Apple is at $300 a share and you're expecting it to go up over the next two weeks, What contract do you buy?
$300 call 2 weeks out
$310 call 2 weeks out
$312 call 1 week out
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