In Lee's Introduction to Manifolds book in chapter 13 (page 335) they define a contraction $i_X: \Lambda^k(V) \to \Lambda^{k-1}(V)$ as $$i_X \omega (Y_1,...,Y_{k-1}) = \omega(X, Y_1,...,Y_{k-1})$$
First question I have is: Isn't there a typo and shouldn't it be $i_X: \Lambda^{k-1}(V) \to \Lambda^k(V)$?
My second, and more important question is: if $\omega$ is a $k$ form then the LHS $\omega (Y_1,...,Y_{k-1})$ doesn't make sense since it's missing a vector field. On the other hand, if $\omega$ is a $k-1$ form then on the RHS $\omega(X, Y_1,...,Y_{k-1})$ doesn't make sense cause there is an extra vector field.