{"version":"98c7876047c3de8c","stages":[{"number":1,"label":"About you"},{"number":2,"label":"Your goals"},{"number":3,"label":"Markets"},{"number":4,"label":"Options"},{"number":5,"label":"Everyday numbers"}],"questions":[{"key":"experience","stage":1,"prompt":"How familiar are you with options?","options":[{"value":"new-to-market","label":"I am new to the stock market."},{"value":"new-to-options","label":"I know the stock market, but I am new to options."},{"value":"traded-options","label":"I have traded options."},{"value":"in-depth","label":"I study or use options in depth."}]},{"key":"goal","stage":2,"prompt":"What would you most like to get from learning?","options":[{"value":"understand-basics","label":"Understand how markets and options work."},{"value":"improve-trading","label":"Make better decisions in my own trading."},{"value":"manage-risk","label":"Understand and manage risk more clearly."},{"value":"career","label":"Build knowledge for a career in this field."}]},{"key":"challenge","stage":2,"prompt":"Which of these feels hardest today?","options":[{"value":"where-to-start","label":"Knowing where to start."},{"value":"why-prices-move","label":"Understanding why option prices move."},{"value":"size-and-exits","label":"Deciding how much to trade and when to exit."},{"value":"review-trades","label":"Reviewing my trades and learning from them."},{"value":"not-sure","label":"Not sure yet."}]},{"key":"markets_results","stage":3,"prompt":"A company reports higher profits, but its share price falls that day. What is the most likely reason?","options":[{"value":"expectations","label":"The market expected even higher profits."},{"value":"mispriced","label":"The price is wrong and will correct soon."},{"value":"unrelated","label":"Share prices are not related to profits."},{"value":"not-sure","label":"Not sure."}]},{"key":"markets_index","stage":3,"prompt":"The Nifty 50 rises 1% in a day. What does that tell you about a single share in the index?","options":[{"value":"not-much","label":"Not much: single shares can move differently."},{"value":"also-rose","label":"It almost certainly rose too."},{"value":"rose-1","label":"It rose about 1%."},{"value":"not-sure","label":"Not sure."}]},{"key":"options_call","stage":4,"prompt":"You buy a call option on a share. What does it give you?","options":[{"value":"right-to-buy","label":"The right, but not the obligation, to buy at a set price."},{"value":"obligation-to-buy","label":"An obligation to buy at a set price."},{"value":"ownership","label":"Part ownership of the company."},{"value":"not-sure","label":"Not sure."}]},{"key":"options_time","stage":4,"prompt":"Nothing else changes, but an option is now a week closer to expiry. What usually happens to its price?","options":[{"value":"falls","label":"It usually falls."},{"value":"rises","label":"It usually rises."},{"value":"same","label":"It stays the same."},{"value":"not-sure","label":"Not sure."}]},{"key":"numbers_percent","stage":5,"prompt":"An investment falls 50%, then rises 50%. Where does it end up?","options":[{"value":"below","label":"Below where it started."},{"value":"same","label":"Back where it started."},{"value":"above","label":"Above where it started."},{"value":"not-sure","label":"Not sure."}]},{"key":"numbers_risk","stage":5,"prompt":"You have ₹2,00,000 to trade. One trade could lose ₹20,000. What share of your capital is at risk?","options":[{"value":"ten","label":"10%"},{"value":"two","label":"2%"},{"value":"twenty","label":"20%"},{"value":"not-sure","label":"Not sure."}]}]}