Quizzes

Options strategies quiz

8 questions · from 8 lessons

Questions on what each strategy is built for: the market view behind it, where the maximum profit and loss sit, and what happens to the position as expiration gets closer.

Test yourself

One question from each lesson in this topic. Pick an answer to see why, then open the lesson if you want to review it.

Question 1 of 8
Each panel shows profit or loss at expiration (up and down) against the stock price (left to right), with the strike as a dashed line. Which position has a theoretically unlimited loss?
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Question 2 of 8
In the drawing, what happens to the covered call’s result at expiration if the stock rises far above the strike?
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Question 3 of 8
In the wheel drawn here, what comes next after you are assigned 100 shares on a cash-secured put?
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Question 4 of 8
The drawing shows four payoffs at expiration, profit and loss against the stock price. Which one is a bear put spread?
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Question 5 of 8
Hypothetical: you sell the $95 put and the $115 call, and buy the $90 put and the $120 call, all with the same expiration, for a total credit of $1.50. What is the maximum loss per contract?
Question 6 of 8
In the drawing, both positions are on the same $100 stock with the same expiration. If the stock finishes at $104, which one loses less?
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Question 7 of 8
Which payoff at expiration shows shares plus a long put, with no call sold?
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Question 8 of 8
The drawing shows four profit-and-loss shapes against the stock price. Which one is closest to a long calendar spread’s estimated result when the near option expires?
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UpTickFlow is our product. These guides are education, not financial advice. Trading involves a substantial risk of loss.

Test yourself

Each panel shows profit or loss at expiration (up and down) against the stock price (left to right), with the strike as a dashed line. Which position has a theoretically unlimited loss?

In the drawing, what happens to the covered call’s result at expiration if the stock rises far above the strike?

In the wheel drawn here, what comes next after you are assigned 100 shares on a cash-secured put?

The drawing shows four payoffs at expiration, profit and loss against the stock price. Which one is a bear put spread?

Hypothetical: you sell the $95 put and the $115 call, and buy the $90 put and the $120 call, all with the same expiration, for a total credit of $1.50. What is the maximum loss per contract?

In the drawing, both positions are on the same $100 stock with the same expiration. If the stock finishes at $104, which one loses less?

Which payoff at expiration shows shares plus a long put, with no call sold?

The drawing shows four profit-and-loss shapes against the stock price. Which one is closest to a long calendar spread’s estimated result when the near option expires?