Level 7: mixed practice
Each question is one of the five skills of Level 7: the formula’s price, a price with a dividend, an index or a currency, a volatility, a delta hedge, or gamma, theta and vega. As in an exam, you also have to choose the right method. You master the skill when you get three right in a row, with at least one right answer for each of the five.
Mixed practice:
After a wrong answer, the lesson for it is one click away: the Black-Scholes-Merton formula, dividends, stock indices and currencies, volatility, delta and delta hedging and gamma, theta and vega.
Concept check: true or false
Exams also ask about ideas, with no numbers. Decide whether each statement is true or false, and you will see why after each answer.