Crypto Trading Binance Options Test

Where does the striking price come from?

The strike price may be selected by users at will.

When the maximum allowed quantity is reached. The order will not be successful, and a mistake will be noted. I should now break down the order into multiple smaller volumes.

The perpetual contract's most recent price on Binance Futures

Correct! Wrong!

Can traders who use Binance Options buy or sell?

Seller

Buyer

Both

Correct! Wrong!

When will the premium be debited from Liza's account when she purchases a 10-minute put option at a strike price of 7000 SDT for a premium of 9 USDT?

Once the options have been exercised, the premium will be subtracted.

Once the order has been placed, the premium will be subtracted.

All of the above

Correct! Wrong!

The premium can be taken out of the wallets below, with the exception of

Futures wallet

Margin Wallet

Spot

Correct! Wrong!

What is Binance Options' underlying asset?

Binance Spot

Binance Margin

Binance Futures

Correct! Wrong!

After the premium has been subtracted, there is no assurance that your options buy will execute at a profit. What should customers do because the majority of option purchases will not be profitable?

Ignore the transaction risk and keep investing money to increase your chances of success.

Control your transaction risks and stay away from trading on the short term.

None of the above

Correct! Wrong!

Liza purchased a BTC call option for a premium of 100 USDT, and as the price of BTCUSDT futures increased, the expected unrealized profit from this option was 10 USDT. What will be the net PNL realized if Liza decides to settle now, before the contract expires?

+50 USDT

-90 USDT

+10 USDT

Correct! Wrong!

Crypto Trading Binance Options Test

Where does the striking price come from?

Can traders who use Binance Options buy or sell?

When will the premium be debited from Liza's account when she purchases a 10-minute put option at a strike price of 7000 SDT for a premium of 9 USDT?

The premium can be taken out of the wallets below, with the exception of

What is Binance Options' underlying asset?

After the premium has been subtracted, there is no assurance that your options buy will execute at a profit. What should customers do because the majority of option purchases will not be profitable?

Liza purchased a BTC call option for a premium of 100 USDT, and as the price of BTCUSDT futures increased, the expected unrealized profit from this option was 10 USDT. What will be the net PNL realized if Liza decides to settle now, before the contract expires?

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