CFDs – Options Definitions Quiz 3 Created on December 16, 2020 By Eddie Vorman CFDs – Options Definitions Quiz Options are contracts, which give the buyer the right, not the obligation, to buy or sell an underlying asset at a specified strike price. Either before or on a specified date. There are so many types of them, and some even have these funny names. Let’s see if you can tell us their definitions. 1 / 6 Financial Services Authority (FSA) is: The U.K. regulator The U.S. regulator The Chinese regulator None of the answers are correct 2 / 6 Can you tell which of the following is the options strategy? An iron condor A straddle A strangle A covered call All of them 3 / 6 Which of the following is an American option? An option, which may only be exercised on the expiry An option, which may only be exercised on the expiry An option, which may be exercised on any trading day on or before the expiration None of the answers are correct 4 / 6 European options are often described as: Barrier options Exotic options Index options Vanilla options 5 / 6 Bermudan option… May be exercised only on Sundays May be exercised on specified dates on or before the expiration May be exercised only during a crisis None of the answers are correct 6 / 6 If the option's payoff is determined by the average underlying price over some preset time period, then it is: American option Barrier option Asian option Binary option Your score is The average score is 0% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)