Options 5/6 Ameritrade

Using the table, calculate the maximum potential gain, not including commissions and fees.
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Terms in this set (67)
Using the table, calculate the maximum potential gain, not including commissions and fees.
$3.04 NO
$0.04
$0.96
$1.04 NO
Using the table, calculate the maximum potential gain, not including commissions and fees.
$0.50
$1.09 YES
$2.00
$1.91 NO
Short put verticals are delta-positive.
False
True YES
Let's say Trader A opened a short call vertical spread with a long call of 35 and a short call of 32. If the net credit for the spread was $0.85, what would be the trade risk, not including commissions or fees?
$2.15 YES
$385 NO
$3.85 NO
$3.00
Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $52.50, not including commissions and fees.
$0.56 gain NO
$0.50 gain NO
$0.54 loss
$1.04 loss YES
Using the table, calculate the maximum potential loss, not including commissions and fees.
$2.62
$2.08 NO
$3.00
$1.54 YES
Using the table, calculate the break-even point, not including commissions and fees.
$50.54 YES
$48.46 NO
$47.54 NO
$51.46 NO
Using the table, calculate the break-even point, not including commissions and fees.
$50.38
$51.46 YES
$48.46
$46.50 NO
Using the table, calculate the break-even point, not including commissions and fees.
$144.26 NO
$142.10 YES
$143.18 NO
$146.10 NO
Using the table, calculate the break-even point, not including commissions and fees.
$41.69 YES
$40.69
$41.31
$42.31
Using the table, calculate the maximum potential loss, not including commissions and fees.$3.65 NO $1.95 YES $0.85 $2.80Using the table, calculate the potential max gain, not including commissions and fees.$2.00 NO $1.53 $0.47 YES $1.21 NOUsing the table, calculate the potential max gain, not including commissions and fees.$1.08 $2.90 $1.10 YES $1.91Using the table, calculate the potential max gain, not including commissions and fees.$0.39 $2.05 $1.49 $0.56 YESUsing the table, calculate the potential max gain, not including commissions and fees.$0.46 YES $1.26 NO $0.40 $0.86 NOUsing the table, calculate the maximum potential gain, not including commissions and fees.$1.95 NO $1.05 $2.80 $4.95 NOUsing the table, calculate the potential max gain, not including commissions and fees.$1.84 YES $0.01 $0.18 $0.16If a trader wanted to construct a short call vertical, which combination of options might she select?Buy a 70 call; sell a 66 call YES Sell a 70 call; buy a 70 call Sell a 66 call; buy a 66 put NO Buy a 66 call; sell a 70 call NOUsing the table, calculate the potential max loss, not including commissions and fees.$1.94 YES $0.56 NO $2.05 NO $0.39 NOUsing the table, calculate the potential max loss, not including commissions and fees.$1.10 NO $1.08 $2.90 YES $1.91 NOUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $40, not including commissions and fees.$0.81 gain $1.50 loss $0.19 gain YES $2.50 lossUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $123, not including commissions and fees.$0.96 gain YES $2.75 gain $2.00 gain $1.00 lossShort call verticals are delta-positive.True False YESUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $75, not including commissions and fees.$7.03 loss NO $1.94 loss YES $6.00 loss $3.50 gain NOWhich position drives the potential profit in a long call vertical spread?Long call YES Long put Short put Short callLong call verticals are delta-positive.False True YESUsing the table, calculate the trade risk, not including commissions or fees.$1.58 $1.05 $3.52 NO $1.42 YESUsing the table, calculate the maximum potential gain, not including commissions and fees.$2.80 NO $1.05 YES $4.95 NO $1.95 NOUsing the table, calculate the maximum potential gain, not including commissions and fees.$1.00 $0.19 YES $0.81 $0.35Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $27, not including commissions and fees.$1.65 loss NO $2.00 loss NO $0.04 gain NO $0.34 gain YESLook at the risk profile below. Which strategies are represented? Select all that apply.-\- Short put vertical Long call vertical Long put vertical YES Short call vertical YESWhich position drives the potential profit in a short call vertical spread?Short call YES Long put NO Long call Short putUsing the table, calculate the maximum potential loss, not including commissions and fees.$1.39 NO $0.51 NO $1.49 NO $2.49 YESUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $104.50, not including commissions and fees.$0.99 gain NO $0.99 loss YES $0.95 loss NO $0.95 gainUsing the table, calculate the break-even point, not including commissions and fees.$27.34 YES $27.32 NO $25.34 NO $25.32 NOLet's say you were selling the 213 call and buying the 215 call shown below. What would be the combined theta for the trade?.05 NO .01 YES -.01 NO -.05Using the table, calculate the break-even point, not including commissions and fees.80.44 YES $77.94 $79.06 $81.56Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $140.50, not including commissions and fees.$4.00 loss $1.10 gain YES $1.48 gain $2.90 lossUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $23, not including commissions and fees.$1.09 loss NO $0.50 loss NO $1.84 gain YES $4.50 gainUsing the table, calculate the maximum potential gain, not including commissions and fees.$0.92 $0.51 YES $2.08 $0.46If a trader wanted to construct a long put vertical, which combination of options might he select?Buy a 32 put; sell a 35 call Buy a 32 put; buy a 35 put Buy a 32 put; sell a 35 put Sell a 32 put; buy a 35 put YESUsing the table, calculate the maximum potential gain, not including commissions and fees.$2.08 $1.46 YES $0.92 $0.46Long put verticals are delta-positive.True False YESUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $63, not including commissions and fees.$2.00 gain $1.91 loss $0.41 loss YES $0.50 gainUsing the table, calculate the maximum potential loss, not including commissions and fees.$0.19 NO $0.81 YES $0.25 NO $0.31 NOUsing the table, calculate the maximum potential loss, not including commissions and fees.$0.04 $1.04 YES $3.04 $0.96Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $148, not including commissions and fees.$8.98 gain $4.00 loss $1.10 gain NO $2.90 loss YESUsing the table, calculate the maximum potential loss, not including commissions and fees.$1.41 $0.91 YES $0.50 $1.91Using the table, calculate the break-even point, not including commissions and fees.$76.15 $81.95 $75.05 $78.95 YESUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $121, not including commissions and fees.$0.04 loss YES $0.96 loss $0.96 gain $0.04 gainWhich position drives the potential profit in a short put vertical spread?Short put YES Long put Long call Short callUsing the table, calculate the potential max loss, not including commissions and fees.$0.56 NO $2.05 NO $2.54 YES $0.39 NOUsing the table, calculate the break-even point, not including commissions and fees.$120.96 $121.04 YES $123.04 $119.29Which position drives the potential profit in a long put vertical spread?Long call Long put YES Short call Short putUsing the table, calculate the potential max loss, not including commissions and fees.$1.53 YES $1.21 NO $0.47 NO $2.00 NOUsing the table, calculate the break-even point, not including commissions and fees.$105.49 yes $106.51 NO $105.05 $103.51 NOIf a trader wanted to construct a short put vertical, which combination of options might he select?Buy a 40 put; sell a 45 call Buy a 45 put; sell a 40 put Buy a 40 put; buy a 45 put Buy a 40 put; sell a 45 put YESUsing the table, calculate the potential max loss, not including commissions and fees.$1.84 NO $0.16 YES $0.01 NO $0.18Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $84, not including commissions and fees.$1.97 gain $0.39 loss $3.00 loss $0.56 gain YESUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $110, not including commissions and fees.$0.51 gain YES $2.08 gain $2.49 gain $0.92 lossUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $62.75, not including commissions and fees.$2.02 loss NO $0.66 loss YES $0.91 gain NO $1.09 gainUsing the table, calculate the gain or loss of the trade at expiration if the stock closes at $43, not including commissions and fees.$1.91 gain $0.81 loss YES $1.09 loss $2.00 gainUsing the table, calculate the break-even point, not including commissions and fees.$63.41 YES $65.59 $61.41 $62.50Using the table, calculate the gain or loss of the trade at expiration if the stock closes at $54, not including commissions and fees.$0.49 gain $1.88 loss $1.46 gain $1.54 loss YESUsing the table, calculate the break-even point, not including commissions and fees.$61.47 $60.53 $59.47 YES $58.53Based on this risk profile, what would be the outcome if the underlying stock fell to zero?-/- Limited profit Limited loss YES Unlimited loss Unlimited profitIf a trader wanted to construct a long call vertical, which combination of options might she select?Buy a 100 call; sell a 105 put Sell a 100 call; buy a 105 call NO Buy a 100 call; sell a 105 call YES Buy a 100 call; buy a 105 put