1.Which of the following is an example of option contract?

	A.	Put Option on SPY
	B.	Call Option on Facebook
	C.	Options on Oil Futures
	D.	All of the above

2.

Which of the following can provide profits to American options?

	A.	Profits from exercising options at maturity
	B.	Profits from trading (buying and selling) options
	C.	Early exercise of American options
	D.	All of the above.

3.

What will happen to the option prices if volatility of the underlying asset increases?

	A.	Call option prices increase, Put option prices decrease
	B.	Call option prices decrease, Put option prices increase
	C.	Call option prices increase, Put option prices increase
	D.	Call option prices decrease, Put option prices decrease

4.

When do we consider a Bull Put Spread?

	A.	Expecting an increase in the price of the underlying
	B.	Expecting a decrease in the price of the underlying
	C.	Expecting the price of the underlying to be unchanged
	D.	None of the above