Important Disclosure Regarding Options Trading
For simplicity, examples presented may exclude commissions, transaction fees, taxes, margin interest or margin requirements. These costs and requirements can materially affect the outcome of an options strategy. Investors should review applicable transaction costs, margin requirements and tax considerations with appropriately qualified professionals.
Risk Warning
OPTIONS INVOLVE RISK AND ARE NOT SUITABLE FOR ALL INVESTORS. Prior to buying or selling an option, investors must receive and read Characteristics and Risks of Standardized Options, also known as the Options Disclosure Document (“ODD”). The ODD may be obtained from a broker, an options exchange, or The Options Clearing Corporation (“OCC”).
Any options strategies, charts or examples presented, including examples using actual securities and price data, are strictly for illustrative and educational purposes and should not be construed as an endorsement, recommendation or solicitation to buy or sell securities. This is consistent with OCC/OIC's current educational disclosure.
Options Disclosure Document
The current OCC Characteristics and Risks of Standardized Options is the June 2024 ODD(opens in new tab), effective June 3, 2024. OCC states that it supersedes and replaces prior versions of the ODD and supplements. Participants should review the current ODD and should not rely upon historical versions.
Options can involve complex risks. Educational discussion of Gamma, Delta, other Greeks, options structures or Magic Trader® analytical concepts does not establish investor suitability, competency or sophistication and does not guarantee trading success or future performance.
IMPORTANT — COMPLETE DISCLAIMER REVIEW REQUIRED
This slide is one part of the complete Magic Trader® disclaimer and risk-disclosure package. Expo/webinar attendees, Alert Room participants, Mentoring participants and other recipients must review ALL applicable disclaimer slides together and in their entirety. No individual disclaimer slide is intended to be read, interpreted or relied upon in isolation.
Rev. 9-10-2026