What is the primary role of Option Trading in the stock market? Answer: Hedging

How are options classified based on market sentiment? Call and Put

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Which model is suggested for simulating option prices? Black-Scholes Model Option Calculator

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What are some common strategies employed in Options Trading? Straddle, Strangle, Spread are most popular one

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What significantly influences risk in Option Trading? Volatility

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What is the period specified in an option contract for the agreement's end? Expiry Date

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What's the suggested practice before venturing into live Options Trading? Paper-trade

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What strategy involves buying or selling options with different expiration dates but the same underlying asset? Calendar Spread

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