From 175adc89c39a4b598ca9ecde828326be254dda3f Mon Sep 17 00:00:00 2001 From: BrandonL20 <62954565+BrandonL20@users.noreply.github.com> Date: Thu, 20 Feb 2025 10:41:38 -0700 Subject: [PATCH] Update faq.md --- docs/faq/faq.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/docs/faq/faq.md b/docs/faq/faq.md index 7d5d0da..bec23ca 100644 --- a/docs/faq/faq.md +++ b/docs/faq/faq.md @@ -197,12 +197,12 @@ Selling an option costs a commission fee and gas fee. The commission fee is 0.2%
What does it cost to buy an option? -Buying an option costs a commission fee, streamia (streaming premia), and gas fee. The commission fee is 0.2% to 0.6% of the notional value of the option position, depending on the pool utilization at the time of purchase. The streamia starts at 0, and accumulates while the underlying price remains in range. There is no commission fee to close the position. +Buying an option costs a commission fee, streamia (streaming premia), and gas fee. The commission fee is 0.2% of the notional value of the option position. The streamia starts at 0, and accumulates while the underlying price remains in range. There is no commission fee to close the position.
What is the commission fee? -This is the fee to mint an option. When an option seller or buyer opens their position, they pay a commission fee on the notional value of the position. The commission is paid to the PLPs. The commission fee percentage varies between 0.2% - 0.6% based on pool utilization. +This is the fee to mint an option. When an option seller or buyer opens their position, they pay a commission fee on the notional value of the position. The commission is paid to the PLPs. The commission fee percentage is 0.2% of the notional value of the option position.