Options trading Test

What is an option?

The right to buy or sell an asset within a specific time

The right to buy a futures contract

He right to own the stock of other similar business company

An instrument used to day trade

Buying a Apple CALL option means I think...

Apple will go down

Apple will go up

Buying Apple stock

Buying a Apple PUT option means I think ...

Apple will go down

Apple will go up

Selling Apple stock

If AMZN contract expires on 9/10, whens the absolute last day to close?

Sept 10

Sept 09 , close before expiry

Sept 11

AMZN 9/10 140 Call @ 1.20 / You have one week left , In order to make money on this contract AMZN must..

Hit 140 before expiry

Hit 140 day of expiry

AMZN call just did 100% but I have one month left what should I do?

Hold, we have time left. It can go to 200%

Sell, always take profits. 100% is a lot

AMZN call is down 90% I have one month left what should I do? (Multiple answers)

SELL, 90% is a huge loss. Best to cut losses

HOLD, one month is plenty of time to recover.

BUY, dollar cost average. One month left, I trust my analysis. We have enough time

When BD gives a signal I should follow it right away

Yes, BD is king hes always right

No, I must do my research BD can be wrong

An (OTM) Out of Money Call option contract is

Spot price is below strike price

Spot price is above strike price

An (ITM) In the Money Call option contract is

Spot price is below strike price

Spot price is above strike price

BD sent signal JPM @ 1.28, you missed it & the premium is now 1.33

I can still buy, 0.05 difference is fine

Dont buy

The date is 9/15 JPM is @ 140 which contract(s) is less risky... (multiple choice)

JPM 10/15 143 call

JPM 9/16 145 Call

JPM 9/30 135 call

JPM 9/16 135 call

What is a ideal (return)% to take profit if you're doing a quick trade? (1-3 days)

100%+

20-30%

50%

If I lost 100% on a trade I should...(multiple choice)

GO in the discord and complain

BD dosent know anything I want my money back

See where my mistake was and move on to the next one

Understand that as a trader I can't win them all. Market is not going anywhere & theres many opportunities

Give up, trading is a scam

I should educate myself and ask the group questions if I don't understand something.

If I don't understand something I should do this first...

Google the question

Ask BD or the captains

Go thru the content in the discord

Watch BDs youtube video on options

If I buy an option for 100$ the most I can lose is

Infinite, you will owe money

100$

$10,000

Unlock and Upgrade

Remove all limits from your Quizzes

Options trading Test

More Quizzes