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TeachMeFinance.com - explain Option premium, futures Option premium, futures The term 'Option premium, futures ' as it applies to the area of agriculture can be defined as ' The amount an option buyer pays the option writer for an option contract'. Previous 5 Terms: optical thickness (optical depth) Optical Transient Detector (OTD) optics optimate Optimum moisture content, or Optimum water content Next 5 Terms: Option value Option writer, futures Optional delivery commitment Optional flex acreage Optional Supplemental Benefits About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.