Intermediate

Options Psychology Quiz

By Leida Casadiegos · Updated June 2026 · 2 min read · Risk disclaimer

The hardest part of options is not the math — it is your own behaviour. These six questions check that your habits keep you disciplined when money is on the line.

Pick an answer for each question — your score appears at the end.

1. Question 1Revenge trading is best described as…

   Trying to win back a loss immediately with a bigger, impulsive tradeFollowing your written planTaking profits earlyWaiting patiently for a setup

   Revenge trading is chasing a loss with a rushed, oversized trade instead of following your plan.

2. Question 2FOMO (fear of missing out) most often leads traders to…

   Wait for a better priceChase a move after it has already runReduce their sizeJournal the trade

   FOMO pushes you to buy late, after the easy move is gone and risk is highest.

3. Question 3The main purpose of a trading journal is to…

   Replace a trading planImpress other tradersLearn from your own patterns and mistakes over timeGuarantee profits

   A journal turns past trades into feedback so you can spot and fix repeat mistakes.

4. Question 4Sizing every position too large mainly damages you by…

   Improving disciplineLowering volatilityIncreasing commissionsMaking emotions override your plan when it moves against you

   Oversized positions trigger fear and panic, so you abandon the plan at the worst moment.

5. Question 5Sticking to a predefined trading plan helps most because it…

   Takes emotion out of decisions made in the heat of the momentGuarantees winnersEliminates the need to size positionsRemoves all risk

   A plan decided in calm lets you act on logic rather than in-the-moment emotion.

6. Question 6A healthy way to treat a losing trade that hit your stop is to…

   Add more to average downAccept it as a planned cost of doing business and move onDouble the next trade to recoverStop journaling it

   Losses are an expected part of the game; accepting them prevents tilt and revenge trades.

Educational use only. Quotes are delayed ~15 minutes and nothing here is financial advice. Options trading involves substantial risk of loss. Privacy Policy · Terms & Conditions.