How Well Do YOU Know the Greeks? Take this 10-question quiz and see what you REALLY know about the Greeks.Get 1 - 3 out of 10... Needs improvementGet 4 - 6 out of 10... Doing OKGet 7 - 9 out of 10... Not too shabbyGet 10 out of 10... You're an options proAt the market close on Monday, January 30th, once all results are in, we'll email you an answer key so you can grade yourself. Good luck! Question Title * 1. _______ measures an option position's sensitivity to time passing. Delta Gamma Theta Vega Question Title * 2. The XYZ March 50 - 55 bull call spread has a(n) _______ delta than the XYZ March 50 call. Higher Lower Identical Question Title * 3. If a given option has a positive theta, it will have a _______ gamma. Positive Negative Neutral Question Title * 4. If implied volatility increases, the delta of an out-of-the-money option _______. Decreases Increases Is unaffected Question Title * 5. As time passes, the theta of an out-of-the-money option _______. Increases Decreases Stays about the same Question Title * 6. Scenario: A trader owns one 50-strike call, which has a 44 delta. The underlying stock splits 2 for 1. Now the trader owns two 25-strike calls. Question: What is the delta of each of his calls after the stock split? 22 44 88 Other Question Title * 7. Scenario: A trader owns one 50-strike call, which has a 0.04 theta. The underlying stock splits 2 for 1. Now the trader owns two 25-strike calls. Question: What is the theta of each of his calls after the stock split? 0.02 0.04 0.06 0.08 Other Question Title * 8. As the X-dividend date approaches, some in-the-money call deltas tend to _______. Rise Fall Become negative Question Title * 9. Calls with more time until expiration have a _______ rho than a corresponding shorter-term call of the same strike. More negative More positive Less negative Less positive Question Title * 10. Imagine a European-style, deep-in-the-money put has as delta of 0.993. All else held constant, the delta would be _______ if it was American-style exercise. Higher Lower Identical Question Title * 11. Please leave name and a valid email address to get your answer key emailed to you Monday afternoon. First name Last name Email address Done