You have now reached the end of Course 10. Let’s see how much you learned.
Quiz Summary
0 of 12 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Results
0 of 12 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
 Not categorized 0%
 1
 2
 3
 4
 5
 6
 7
 8
 9
 10
 11
 12
 Current
 Review
 Answered
 Correct
 Incorrect

Question 1 of 12
1. Question
Complete this definition of vega:
Vega is a measure of the option price’s sensitivity to changes in implied volatility. An option’s vega indicates how much the option’s value will change…CorrectIncorrect 
Question 2 of 12
2. Question
Which of the following statements is true?
CorrectIncorrect 
Question 3 of 12
3. Question
Imagine you buy a call option with a vega of 0.9. If implied volatility increases by 1% and everything else remains constant, what change in the value of your position would be expected?
CorrectIncorrect 
Question 4 of 12
4. Question
Imagine you buy a put option with a vega of 10. If implied volatility decreases by 1% and everything else remains constant, what change in the value of your position would be expected?
CorrectIncorrect 
Question 5 of 12
5. Question
Imagine you sell a put option with a vega of 5. If implied volatility increases by 1% and everything else remains constant, what change in the value of your position would be expected?
CorrectIncorrect 
Question 6 of 12
6. Question
Imagine you sell a call option with a vega of 25. If implied volatility decreases by 1% and everything else remains constant, what change in the value of your position would be expected?
CorrectIncorrect 
Question 7 of 12
7. Question
Where an option’s strike price is in relation to the current underlying price will affect the option’s vega. Assuming IV and DTE are both relatively low, what type of option typically has the most vega?
CorrectIncorrect 
Question 8 of 12
8. Question
The market’s view on future volatility, as expressed via the option prices and therefore the implied volatility, will have an effect on option vegas.
Using an example of a short dated deep OTM put option, which of the following sentences is correct?
CorrectIncorrect 
Question 9 of 12
9. Question
The time left until the option expires (DTE) will have an effect on option vegas. Which of the following sentences is correct?
CorrectIncorrect 
Question 10 of 12
10. Question
Given what you learned about the vega for multileg option positions in lecture 10.5, what is the total vega of a position consisting of the following two options:
+1 call with a vega of 1.62
+1 put with a vega of 4.62
CorrectIncorrect 
Question 11 of 12
11. Question
Sticking with multileg positions, what is the total vega of a position consisting of the following options:
1 call with a vega of 0.75
+1 put with a vega of 1
CorrectIncorrect 
Question 12 of 12
12. Question
If we define two options as follows:
Option A with a vega of 5
Option B with a vega of 8
What is the vega of the following position:
+10 Option A
8 Option B
CorrectIncorrect