现货溢价是一个术语，用于描述投资者的安排，以确定单一付款期权交易或现货所涉及的条款，以及支付给经纪人的溢价金额。 这种溢价是不可退还的，这意味着如果期权中包含的条件没有实现，那么投资者就不能从经纪人那里收回现货溢价。 这种方法确实有助于限制投资于特定资产的风险，但确实意味着至少有一些损失的机会始终存在。

In order to understand how paying a spot premium may be beneficial, it is necessary to have an idea of how a spot option functions. Essentially, this type of option creates an arrangement in which the investor is establishing the level of payout he or she wishes to achieve with a given investment, as well as determining the market conditions that must be in place in order for that payout to be achieved by what is known as the spot date. The broker for the deal, assuming that the terms of the spot option are agreeable, will then accept a percentage of that projected payout in the form of a spot premium and the investor can move forward with buying the option. Should the payout and the right market conditions manifest, then the investor receives the payout and the broker assesses the usual fees for executing the order. Even if the price and market conditions do not appear, the investor will lose nothing more than the premium, and owes the broker no additional charges or fees.

根据该策略所使用的期权的潜力，损失现货溢价的几率会有所不同。 如果该期权显示出如预期般表现的极好机会，并且市场朝着符合经纪人和投资者之间商定的条件的方向发展，那么财务回报会非常可观。 同时，为这种类型的安排选择错误的期权确实存在有限的风险，因为如果条件未得到满足，投资者不必在现货日期为该期权付款，但会失去对现货溢价的任何要求。

在2007年开始的全球经济衰退后，现货溢价的使用有所下降。 在一些国家，贸易法规使投资者更容易使用其他方法，预计这些方法会使正在恢复的市场更容易保持一定程度的平衡。 许多国家仍在猜测现货期权和伴随的现货溢价是否会在未来几年中得到更多的使用。