Replies to post #639 on ProShares Short VIX Short Term Futures ETF (SVXY)

[37thirtyseven37]

I have read a good bit. Asking questions can be a good way to learn and find information.

You don’t know the amount of $ I’m using.

Experience of going through the process is a good way to learn.

Usually premium is the income received by an investor who sells or "writes" an option contract to another party and thus is the option contract price.

ETF have a fee associated with trading them if you hold them overnight. That fee is worked into the price changes and not something you get a bill for at the end of trading or end of year.

He made it sound like there is a fee on top of contract price for buying an ETF option. I haven’t heard of this before. So I was double checking.