Margin & Fees

Initial Margin

If a trader now would like to sell an option, one must provide collateral equivalent to 10% of the initial margin. For instance, when a trader sells an option with a contract value of 1 million, one must provide a margin of at least $100,000.

Transaction Fees

Transaction Fees : 0.03% of the market value of underlying asset + 1% of option price

When traders buy options, the minimum premium is 1. However, when options are sold, any premium (after transaction fee) less than or equal to 0, 1 USDC would always be charged.