nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Nasdaq® is a registered trademark of Nasdaq, Inc. Copies may be obtained from your broker, one of the exchanges or The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, IL 60606 or call 1-888-OPTIONS or visit Any strategies discussed, including examples using actual securities and price data, are strictly for illustrative and education purposes and are not to be construed as an endorsement, recommendation or solicitation to buy or sell securities. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options.
Options involve risk and are not suitable for everyone. An investor should review transaction costs, margin requirements and tax considerations with a broker and tax advisor before entering into any options strategy. For the sake of simplicity, the examples that follow do not take into consideration commissions and other transaction fees, tax considerations, or margin requirements, which are factors that may significantly affect the economic consequences of a given strategy.
