This publication contains the views and opinions of the author, except where opinions are attributed to other sources. Written permission is required prior to any distribution or reproduction. Any views or opinions published by the author are not to be construed as advice and any trading positions taken by a customer due to such publication are the sole decision and discretion of the customer. Any losses accruing from such a trading decision are the sole responsibility of the customer.
Futures trading is risky and can cause substantial financial loss.
The use of options and option trading involves a high degree of risk. The use of stops may not limit losses to intended amounts. Spread or arbitrage positions may not be less risky than outright futures positions. Past results are not necessarily indicative or a guarantee of future results. Sources and methods of analysis are believed to be reliable but no assurance is made for accuracy.