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OptionsNerd.com Disclaimer &
Notice
This site has been
prepared solely for information purposes, and is not an offer to buy or
sell or a solicitation of an offer to buy or sell any security or
instrument or to participate in any particular trading strategy. The
information presented in this site is for general information purposes
only. Although every attempt has been made to assure accuracy, we
assume no responsibility for data errors or omissions. Examples are
provided for illustrative purposes only and should not be construed as
investment advice or strategy. The information presented herein has not
been designed to meet the rigorous standards set by the Commodity
Futures Trading Commission for disclosure statements concerning the risks involved in trading futures or options on
futures. That disclosure statement must be provided to you by your
broker.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT
LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS
BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR
LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP
DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL
RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF
THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE
GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION,
HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO
HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF
FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND
LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING
LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL
TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE
MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING
PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT
ACTUAL TRADING RESULTS.
Transactions in options
carry a high degree of risk. Purchasers and sellers of options should
familiarize themselves with the type of option (i.e., put or call)
which they contemplate trading and the associated risk. Selling
("writing" or "shorting") an option generally entails considerably
greater risk than purchasing options. Although the premium received by
the seller is fixed, the seller may sustain a loss well in excess of
that amount. Option buyers should calculate the extent to which the
value of the options must increase for a position to become profitable,
taking into account the premium paid and all transaction costs.
The materials in this site do
not attempt to describe the risks to investors that may be associated
with the way trading is conducted in any particular options market or
in any market for an underlying or related interest. In the preparation
of this site, every effort has been made to offer the most current,
correct and clearly expressed information possible. Nonetheless,
inadvertent errors can occur and applicable laws, rules, and
regulations often change. Further, the information contained herein is
intended to afford general guidelines on matters of interest, and to
serve solely as an introduction to our financial services. Accordingly,
the information in this site is not intended to serve as legal,
accounting, or tax advice. Users are encouraged to consult with
professional advisors for advice concerning specific matters before
making any decision impacting on these matters.
OptionsNerd.com disclaims any responsibility for losses incurred for
market positions taken by members or clients in their individual cases,
or for any misunderstanding on the part of any users of
OptionsNerd.com. The OptionsNerd.com shall not be liable for any
indirect incidental, special or consequential damages, and in no event
will OptionsNerd.com be held liable for any of the products or services
offered through OptionsNerd.com. Prior to buying and selling options, a
person should inspect a copy of Characteristics and Risks of
Standardized Options, which is available from The Chicago Board Options
Exchange by calling 1-800-OPTIONS or by writing to the Exchange at 400
So. LaSalle Street, Chicago, IL 60605, USA.
You can also download pertinent materials from the CBOE (www.cboe.com)
and the CME (www.cme.com) website .
SPECIAL NOTES/ PLEASE READ CAREFULLY! Your registration or use of free
or paying OptionsNerd.com membership signifies that you accept the
terms and conditions of our disclaimer, as spelled out below, and that
at no time will you hold OptionsNerd.com, John F. Summa, CTA or any
other associated party, corporation, or natural persons liable for
damages resulting from the implementation of information posted on this
site.
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