THIS EMAIL AND THE ASSOCIATED PRESENTATIONS (THE “CONTENT”) ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY AND DO NOT CONSTITUTE INVESTMENT ADVICE, NOR THE RECOMMENDATION OF ANY SECURITY, TRADING STRATEGY OR FINANCIAL INSTRUMENT OF ANY KIND. THE CONTENT DOES NOT CONSTITUTE TAX ADVICE, LEGAL ADVICE, OR OTHER PROFESSIONAL ADVICE OF ANY KIND.

ALL INVESTMENTS INVOLVE A DEGREE OF RISK, AND THE PAST PERFORMANCE OF A FINANCIAL PRODUCT, TRADING STRATEGY, OR INDIVIDUAL’S TRADING DOES NOT GUARANTEE FUTURE RESULTS OR RETURNS. OPTIONS AND FUTURES HAVE UNIQUE RISKS THAT INVESTORS MUST FAMILIARIZE THEMSELVES WITH BEFORE TRADING THESE INSTRUMENTS.

THE CONTENT IS DISTRIBUTED AS EDUCATIONAL MATERIAL AND DOES NOT CONSTITUTE “INVESTMENT ADVICE” UNDER APPLICABLE EXEMPTION FROM INVESTMENT ADVISOR REGISTRATION INCLUDING BUT NOT LIMITED TO SECTION 202(A)(11)(D) OF THE INVESTMENT ADVISERS ACT OF 1940 (ADVISERS ACT) THE “PUBLISHERS’ EXEMPTION).

WHILE THE CONTENT IS BELIEVED TO BE ACCURATE, NO REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, IS MADE AS TO ITS ACCURACY OR COMPLETENESS OR FITNESS FOR ANY PURPOSE.

REFERENCES BY THE PRESENTERS TO THE PERFORMANCE OF ANY PARTICULAR SECURITY OR TRADE ARE SOLELY FOR THE PURPOSE OF ILLUSTRATION. NO GUARANTEE OR ASSURANCE CAN BE MADE THAT TRADING RESULTS EXPERIENCED BY VIEWERS OF THE CONTENT WILL BE THE SAME OR SIMILAR TO THE REFERENCED EXAMPLES. THE PRESENTERS ARE HIGHLY EXPERIENCED INVESTORS AND MARKET PROFESSIONALS.