Options Trading Interview Questions

9 options trading interview questions shared by candidates

You have $1000 invested in a betting website that matches you with $1000 in bonus bet. You need to turnover $10000 before you can withdraw anything. The only game on the site has probability of you doubling your bet 0.45, and 0.55 probability of losing what you bet. What is your strategy? What if you wanted to deviate from the expected return?
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Options Trading Intern

Interviewed at AKUNA CAPITAL

4
Oct 2, 2019

You have $1000 invested in a betting website that matches you with $1000 in bonus bet. You need to turnover $10000 before you can withdraw anything. The only game on the site has probability of you doubling your bet 0.45, and 0.55 probability of losing what you bet. What is your strategy? What if you wanted to deviate from the expected return?

What probability is 1 std dev from the mean of a normal distribution? S=100, Flat structure, strike=110, vol=10% what is the chance that the call option will be in the money? Speed Math: is 5.5^2 closer to 5^2 or 6^2? Recite the BS equation, what are the parameters need to solve that? What is the formula for future's price? Plain vanilla call, KO option with barrier > K, KO option with barrier < K. Rank these options from cheapest to most expensive.
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FX Option Trading Graduate

Interviewed at BNP Paribas

3.8
Jan 17, 2014

What probability is 1 std dev from the mean of a normal distribution? S=100, Flat structure, strike=110, vol=10% what is the chance that the call option will be in the money? Speed Math: is 5.5^2 closer to 5^2 or 6^2? Recite the BS equation, what are the parameters need to solve that? What is the formula for future's price? Plain vanilla call, KO option with barrier > K, KO option with barrier < K. Rank these options from cheapest to most expensive.

Talked about the current macro environment. Why trading and not M&A, questions tailored to my CV like what did I do at firm X. Technical questions were about Delta and Gamma, how they work and their main characteristics.
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FX Options Trading

Interviewed at UniCredit Group

3.4
Jul 3, 2024

Talked about the current macro environment. Why trading and not M&A, questions tailored to my CV like what did I do at firm X. Technical questions were about Delta and Gamma, how they work and their main characteristics.

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