Quant interview questions
1,322 questions in the style trading and research firms ask, from probability and brainteasers to options, statistics and coding. Every question is open to read; the 50 in the free sample show their worked solutions here.
51 questions · page 1 of 2 · Clear filters
- An asset-or-nothing call struck at 100 is worth 53.98 and a cash-or-nothing…Exotics and structured products · Foundation
- Rates are zero. A digital call paying $1 above K is worth 0.45.Exotics and structured products · Foundation
- Digital calls paying $1 above 90 and above 110 are worth 0.70 and 0.30.Exotics and structured products · Foundation
- Averages and extremes on a tree, part 1 of 3Exotics and structured products · Foundation
- In, out and the vanilla, part 1 of 3Exotics and structured products · Foundation
- Pricing and hedging a digital, part 1 of 3Exotics and structured products · Foundation
- Two stocks and a worst-of, part 1 of 3Exotics and structured products · Foundation
- How do you replicate a cash-or-nothing digital call?Exotics and structured products · Applied · Free solution
- A vanilla call is worth $8 and the corresponding up-and-in call is worth $3.Exotics and structured products · Applied · Free solution
- Is an arithmetic-average Asian call worth more or less than the equivalent vanilla?Exotics and structured products · Applied
- Rates are zero and Φ(d₂) = 0.45 for a given strike.Exotics and structured products · Applied
- You replicate a digital paying $1 above the strike using a call spread half a dollar wide.Exotics and structured products · Applied
- A vanilla put is worth $8 and the corresponding down-and-out put is worth $3.Exotics and structured products · Applied
- How does a floating-strike lookback call compare with a vanilla call on the…Exotics and structured products · Applied
- An asset-or-nothing call pays the stock itself if it finishes above the strike.Exotics and structured products · Applied
- A one-year reverse convertible on a $100 stock repays $100 plus a coupon…Exotics and structured products · Applied
- A forward-start call is struck at the money in one year’s time and expires one…Exotics and structured products · Applied
- For continuous averaging over the whole life of an option, the log of the…Exotics and structured products · Applied
- With the same two assets (both at 100), the exchange option paying max(S₁−S₂,0)…Exotics and structured products · Applied
- A basket holds two stocks in equal weight, each with 30% volatility, correlated at 0.5.Exotics and structured products · Applied
- A client buys a call on the worst performer of three stocks.Exotics and structured products · Applied
- A desk sells a digital call struck at K and hedges it with a call spread.Exotics and structured products · Applied
- Averages and extremes on a tree, part 2 of 3Exotics and structured products · Applied
- In, out and the vanilla, part 2 of 3Exotics and structured products · Applied
- Pricing and hedging a digital, part 2 of 3Exotics and structured products · Applied
- Two stocks and a worst-of, part 2 of 3Exotics and structured products · Applied
- Why will no desk hold a naked short digital into expiry with the spot sitting…Exotics and structured products · Advanced · Free solution
- A knock-out is monitored on daily closes rather than continuously.Exotics and structured products · Advanced
- You are long a call on a basket of two stocks. What is your correlation exposure?Exotics and structured products · Advanced
- A desk sells autocallable notes to retail investors. What risk does it end up carrying?Exotics and structured products · Advanced
- A power contract pays S_T² at maturity.Exotics and structured products · Advanced
- Two assets each have 30% volatility and correlate at 0.5.Exotics and structured products · Advanced
- Why is the volatility of a geometric average of a lognormal path lower than…Exotics and structured products · Advanced
- A chooser lets you decide at time t whether you hold a call or a put, both…Exotics and structured products · Advanced
- A desk has sold many autocallables with barriers clustered at the same index level.Exotics and structured products · Advanced
- A gap call pays S_T−90 whenever S_T > 100, and nothing otherwise.Exotics and structured products · Advanced
- A one-year one-touch pays $1 at expiry if the stock ever trades at $120…Exotics and structured products · Advanced
- An up-and-out barrier at $120 is monitored only on daily closes.Exotics and structured products · Advanced
- Model a price as an arithmetic Brownian motion with no drift and a normal…Exotics and structured products · Advanced
- What is the vega of an up-and-out call with the stock well above the strike and…Exotics and structured products · Advanced