Wednesday, October 12, 2005

High Premiums

Digot of The Day (Session 148):

CAL - Premium% - 9.9583 - Gain - .2088


Support Answer to High Premiums

I asked support about the high premiums. Here is the question, and DXInOne's answer:


I am very concerned about the high premiums. The lowest premium is over 9% and the highest is around 32%. Why has this happened and are we to expect the premiums to remain this high?

Thank you

Hello XXX,

When the DXDebit Used Reduction Tool was released a number of larger portfolio holders (which held larger volumes in the higher affected symbols) had utilized the tool, this in turn generated higher earnings across all portfolios and more so in some selected symbols. At present, the number of users making use of the DXDebit reduction tool hold an 'across-the-board' volume of Digots, this evenly spreading the difference.

The Premiums alter according to the activity recorded from session to session. The Premium values are controlled by the system depending on the activity of the previous sessions.

We hope we have been of assistance, if you have any further questions or queries please don't hesitate to reply.

With Regards,
The DXSupport Team


I'm not sure if this means that premiums will remain higher or not. Nor am I sure that the higher gains will remain.


If you do not have an account with DXinOne, please go here to sign up for free here.

Happy Investing,

LadyDXer

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