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4.1.3 Quiz
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4. Options Basics 4.1 Introduction & Setup 4.1.3 How Options Work: Expiration Date, Strike Price, and Buying Them 4.1.3 Quiz
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  1. Question 1 of 5
    1. Question

    Options give the buyer of that option the obligation to buy or sell an underlying security at a set price?

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  2. Question 2 of 5
    2. Question

    Most option contracts control how many shares of stock?

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  3. Question 3 of 5
    3. Question

    What is the strike price?

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  4. Question 4 of 5
    4. Question

    Assuming the stock price is static, the closer to the expiration date, the more expensive the option?

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  5. Question 5 of 5
    5. Question

    The more liquid a stock the closer the spread between the bid and ask?

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