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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. For additional disclaimers, click here. 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 and/or Managed Capital Advisory Group, Ltd. disclaim 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 or Managed Capital Advisory Group, Ltd.'s website. The OptionsNerd.com and/or Managed Capital Advisory Group, Ltd. 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 and/or Managed Capital Advisory Group, Ltd. 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 Managed Capital Advisory Group, Ltd,, 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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