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LEGAL TERMS / DISCLAIMER:
Next Options, LLC and the editorial staff are not registered investment advisors, broker/dealers, or research analysts/organizations. Subscribing to our service or acting on any of our representations is entirely at your own risk. Next Options, LLC provides training, educational, and market information services through its web site located at www.NextOptions.com. NextOptions.com relies upon the Publisher's Exclusion from the definition of Investment Advisor as provided under Section 202(a)(11) of the Investment Advisor's Act of 1940 and corresponding state securities laws. The website, NextOptions.com, is a bona fide publication of general and regular circulation offering impersonalized investment-related advice to subscribers and/or prospective subscribers (e.g., not tailored to the specific investment needs of current and/or prospective subscribers).

Readers are advised that the commentary and reports on the Next Options, LLC website and in its newsletters are issued solely for informational purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The opinions and analyses included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness.

YOU SHOULD VERIFY ALL CLAIMS AND DO YOUR OWN RESEARCH BEFORE INVESTING IN ANY SECURITY MENTIONED IN THE NEXT OPTIONS, OR THAT IS DISCUSSED ON THE NEXTOPTIONS.COM WEBSITE. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. YOU MAY LOSE PART OR ALL OF YOUR PRINCIPAL INVESTMENT.

Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this website should be independently verified with the companies mentioned. Neither Next Options, nor its officers, directors, partners, contributors or employees/consultants accept any liability whatsoever for any direct or consequential loss arising from any use of information on this website or any use of information in its newsletters.

Neither Next Options nor any of the Next Options editorial staff receives compensation of any kind for mentioning a company on the NextOptions.com website and in its newsletters.

Our web site is limited to the dissemination of general information pertaining to investments, together with access to additional investment-related information and links. Accordingly, the publication of this web site on the Internet should not be construed by any consumer or prospective subscriber as the rendering of personalized investment advice for compensation, over the Internet. We are neither attorneys nor accountants and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Certain portions of our web site may contain a discussion of, or provide access to, positions or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussions may no longer be reflective of current positions or recommendations. Moreover, no prospective or existing subscriber should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from an investment professional.

Past performance may not be indicative of future results. Therefore, no prospective or existing subscriber should assume that future performance of any specific investment or investment strategy, including the investments or investment strategies made reference to directly or indirectly in our web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal any historical performance levels.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be suitable for a prospective or existing subscriber's investment portfolio. Historical performance results for investment indices or categories generally do not reflect the deduction of transaction or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.

IMPORTANT NOTICE: Testimonials provide the perspective of individuals who are successful and may be enthusiastic about their experiences. Testimonials are not representative of everyone's experience and provide information about the provider's experience(s) only as to that point in time in which they are provided. Although all testimonials are authentic and accurately represent the overall content of the testimonial, statements made in the testimonials have not been verified.

U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Forex, Futures and Options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

Please be sure you read and understand the Characteristics and Risks of Standardized Options from The Chicago Board Options Exchange at www.cboe.com.

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 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.

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