Options IQ
Twelve questions, easy to hard, drawn from a bank of 24. Every answer gets an instant explanation. At the end you get a score from 0 to 100 and the Trading School level we recommend you start from.
12 questions · about 4 minutes · free, no account needed
Options basics
Calls, puts, strikes, premiums, and what a contract actually controls.
The Greeks
Delta, theta, vega, and gamma — what each one tells you about a position.
Strategies
Covered calls, spreads, straddles, iron condors, and collars.
Risk
Max loss, position sizing, assignment, pin risk, and IV crush.
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Options IQ is an educational quiz. It is not investment advice, and your score is not a measure of whether you should trade.