Closed 2013 Trades

Stock Ticker Stock Name and Position Option
Ticker
Date
Opened
Price
Opened
Date
Closed
Price
Closed
Return
WFC Wells Fargo
January 35 calls
WFC130119C00035000 01/07/13 $0.53 1/10/2013 $0.60 13.21%
AXP American Express
January 60 calls
AXP130119C00060000, 01/07/13 $0.72 1/11/2013 $1.55 115.28%
SGMS Scientific Games
April 10 calls
SGMS130420C00010000 01/03/13 $0.60 1/16/2013 $0.60 0.00%
NUE Nucor
February 46 calls
NUE130216C00046000 01/11/13 $0.75 1/17/2013 $1.05 40.00%
CHRW CH Robinson Worldwide
February 67.50 calls
CHRW130216C00067500 01/15/13 $0.85 1/24/2013 $1.35 58.82%
SLW Silver Wheaton
February 38 calls
SLW130216C00038000 01/17/13 $0.65 1/25/2013 $0.10 -84.62%
TASR Taser
January 10 calls
TASR130119C00010000 11/29/12 $0.15 1/3/2013 $0.25 66.67%
ADT ADT
February 49 calls
ADT130216C00049000 01/28/13 $0.40 1/30/2013 $0.70 75.00%
QQQ PowerShares QQQ
February 67 calls
QQQ130216C00067000 01/16/13 $0.88 1/30/2013 $0.95 7.95%
POT Potash
February 43 calls
POT130216C00043000 01/08/13 $0.65 1/30/2013 $0.80 23.08%
SNE Sony
March 16 calls
SNR130316C00016000 01/28/13 $0.50 1/31/2013 $0.50 0.00%
TASR Taser
March 10 calls
TASR130316C00010000 11/29/12 $0.30 1/7/2013 $0.50 66.67%
DMND Diamond Foods
October 24 calls
DMND131019C00024000 09/25/13 $0.55 10/1/2013 $0.83 51.45%
JCP JC Penney
November 12 puts
JCP131116P00012000 09/11/13 $0.65 10/10/2013 $2.73 319.23%
AAPL Apple
October 500 calls
AAPL131011C00500000 10/08/13 $1.40 10/11/2013 $0.05 -96.43%
SNE Sony
October 25 calls
SNE131019C00025000 07/11/13 $0.80 10/18/2013 $0.00 -100.00%
OPK Opko Health
December 12 calls
OPK131221C00012000 10/14/13 $0.40 10/18/2013 $1.00 150.00%
OPK Opko Health
November 11 calls
OPK131116C00011000 10/14/13 $0.45 10/18/2013 $1.23 172.22%
SWKS Skyworks Solutions
October 26 calls
SWKS131019C00026000 09/19/13 $0.75 10/18/2013 $0.00 -100.00%
JBL Jabil Circuit
October 25 calls
JBL131019C00025000 09/24/13 $0.40 10/18/2013 $0.00 -100.00%
MSFT Microsoft
October 30 puts
MSFT131019P00030000 09/04/13 $0.60 10/18/2013 $0.00 -100.00%
JOSB Jos. A. Bank Clothiers
October 35 puts
JOSB131019P00035000 08/15/13 $0.40 10/18/2013 $0.00 -100.00%
EBAY eBay
October 45 puts
EBAY131019P00045000 09/03/13 $0.45 10/18/2013 $0.00 -100.00%
TQNT TriQuint Semiconductor
November 9 calls
TQNT131116C00009000 10/21/13 $0.40 10/23/2013 $0.45 12.50%
GE General Electric
November 24 calls
GE131116C00024000 10/17/13 $0.70 10/23/2013 $1.65 135.71%
KOG Kodiak Oil & Gas
November 13 calls
KOG131116C00013000 10/01/13 $0.50 10/23/2013 $0.93 85.00%
HRB H&R Block
November 29 calls
HRB131116C00029000 10/15/13 $0.45 10/25/2013 $0.68 50.00%
SWY Safeway
November 34 calls
SWY131116C00034000 10/02/13 $0.80 10/28/2013 $1.96 145.31%
MGM MGM Resorts
November 21 calls
MGM131116C00021000 10/07/13 $0.80 10/31/2013 $0.05 -93.75%
NPSP NPS Pharmaceuticals
November 35 calls
NPSP131116C00035000 09/24/13 $1.90 10/8/2013 $3.85 102.63%
RAX Rackspace Hosting
October 55 calls (RAX131019C00055000)
–– 09/17/13 $1.10 10/8/2013 $0.10 -90.91%
DD DuPont
December 62.50 calls
DD131221C00062500 10/24/13 $0.60 11/13/2013 $0.68 12.50%
BSX Boston Scientific
November 12 calls
BSX131116C00012000 10/21/13 $0.55 11/15/2013 $0.04 -92.73%
CTRX Catamaran
November 52.50 calls
CTRX131116C00052500 10/29/13 $0.85 11/15/2013 $0.00 -100.00%
ARUN Aruba Networks
November 20 calls
ARUN131116C00020000 10/11/13 $0.80 11/15/2013 $0.00 -100.00%
JCP JC Penney
January 10 calls
JCP140118C00010000 11/07/13 $0.65 11/19/2013 $0.82 25.65%
CLF Cliff's Natural Resources
November 25 calls
CLF131116C00025000 10/21/13 $0.95 11/5/2013 $2.13 123.68%
CLF Cliff's Natural Resources
December 30 calls
CLF131221C00030000 11/01/13 $0.70 11/6/2013 $0.90 28.57%
HRB H&R Block
December 30 calls
HRB131221C00030000 10/29/13 $0.60 12/11/2013 $0.15 -75.00%
IWM iShares Russell 2000
December 112 calls
IWM131221C00112000 12/12/13 $0.48 12/13/2013 $0.45 -6.25%
QQQ PowerShares QQQ
December 86 calls
QQQ131221C00086000 12/12/13 $0.40 12/13/2013 $0.25 -37.50%
BTU Peabody Energy
January 23 calls
BTU140118C00023000 11/11/13 $0.58 12/17/2013 $0.05 -91.38%
KOG Kodiak Oil & Gas
December 13 calls
KOG131221C00013000 11/04/13 $0.65 12/20/2013 $0.00 -100.00%
MM Millennial Media
December 7.50 calls
MM131221C00007500 10/25/13 $0.65 12/20/2013 $0.00 -100.00%
BTU Peabody Energy
December 22 calls
BTU131221C00022000 11/11/13 $0.58 12/20/2013 $0.00 -100.00%
CRM Salesforce.com
December 62.50 calls
CRM131221C00062500 11/15/13 $1.10 12/3/2013 $0.04 -96.36%
MS Morgan Stanley
January 33 calls
MS140118C00033000 11/22/13 $0.40 12/3/2013 $0.40 0.00%
MS Morgan Stanley
December 32 calls
MS131221C00032000 11/22/13 $0.30 12/3/2013 $0.40 33.33%
EXAS Exact Sciences
January 13 calls
EXAS140118C00013000 12/24/13 $0.45 12/31/2013 $0.25 -44.44%
CLF Cliff's Natural Resources
January 26 calls
CLF140118C00026000 12/24/13 $0.65 12/31/2013 $1.18 82.00%
HLF Herbalife
January 82.50 calls (weekly)
HLF140103C00082500 12/17/13 $1.70 12/31/2013 $0.20 -88.24%
VRA Vera Bradley
January 22.50 puts
VRA140118P00022500 12/10/13 $1.20 12/31/2013 $0.35 -70.83%
OPK Opko Health
January 11 calls
OPK140118C00011000 11/26/13 $0.65 12/31/2013 $0.05 -92.31%
BSX Boston Scientific
December 12 calls
BSX131221C00012000 11/20/13 $0.40 12/4/2013 $0.10 -75.00%
DD DuPont
December 65 calls
DD131221C00065000 11/15/13 $0.20 12/4/2013 $0.05 -75.00%
DD DuPont
January 65 calls
DD140118C00065000 11/15/13 $0.45 12/4/2013 $0.20 -55.56%
OPK Opko Health
December 10 calls
OPK131221C00010000 11/26/13 $0.70 12/4/2013 $0.75 7.14%
BSX Boston Scientific
January 12 calls
BSX140118C00012000 11/20/13 $0.55 12/4/2013 $0.20 -63.64%
BIG Big Lots
December 35 puts
BIG131221P00035000 12/05/13 $0.90 12/6/2013 $1.80 100.00%
SNE Sony
February 16 calls
SNR130216C00016000 02/06/13 $0.40 2/15/2013 $0.00 -100.00%
WFC Well Fargo
February 35 calls
WFC130216C00035000 01/07/13 $0.73 2/15/2013 $0.15 -79.45%
FOSL Fossil
February 70 puts
FOSL130216P00070000 12/26/12 $1.20 2/15/2013 $0.00 -100.00%
TIVO TiVo
May 15 calls
TIVO130518C00015000 01/02/13 $0.50 2/20/2013 $0.50 0.00%
BIDU Baidu
March 85 puts
BIDU130308P00085000 02/20/13 $0.72 2/22/2013 $0.90 25.00%
QQQ PowerShares QQQ
April 65 puts
QQQ130420P00065000 02/21/13 $1.00 2/26/2013 $1.10 10.00%
SPY Spider S&P 500
April 142 puts
SPY130420P00142000 02/21/13 $1.15 2/26/2013 $1.35 17.39%
BIDU Baidu
April 80 puts
BIDU130420P00080000 02/20/13 $1.20 2/26/2013 $1.70 41.67%
HLF Herbalife
February 50 calls
HLF130216C00050000 01/18/13 $0.85 2/4/2013 $0.05 -94.12%
BARBECUE Boeing
February 70 puts
BA130216P00070000 01/29/13 $0.65 2/5/2013 $0.10 -84.62%
TWX Time Warner
March 52.50 calls
TWX130316C00052500 02/04/13 $0.50 2/6/2013 $1.00 100.00%
APA Apache
March 90 calls
APA130316C00090000 02/06/13 $0.85 3/15/2013 $0.00 -100.00%
ADT ADT
March 50 calls
ADT130316C00050000 01/28/13 $0.65 3/15/2013 $0.05 -92.31%
VVUS Vivus
March 17 calls
VVUS130316C00017000 01/10/13 $0.87 3/15/2013 $0.00 -100.00%
POT Potash
March 38 puts
POT130316P00038000 02/26/13 $0.50 3/15/2013 $0.00 -100.00%
SNE Sony
April 16 calls
SNE130420C00016000 03/13/13 $0.45 3/18/2013 $1.25 177.78%
GNW Genworth Financial
June 11 calls
GNW130622C00011000 03/07/13 $0.40 3/18/2013 $0.60 50.00%
JPM JPMorgan Chase
April 52.50 calls
JPM130420C00052500 03/07/13 $0.60 3/21/2013 $0.15 -75.00%
FB Facebook
March 28.50 calls
FB130322C00028500 03/05/13 $0.65 3/22/2013 $0.00 -100.00%
SNE Sony
April 17 calls
SNE130420C00017000 03/18/13 $0.50 3/25/2013 $0.98 95.00%
ALL Allstate
April 43 puts
ALL130420P00043000 02/26/13 $0.60 3/5/2013 $0.25 -58.33%
CREE Cree
March 42 puts
CREE130316P00042000 02/21/13 $0.85 3/5/2013 $0.05 -94.12%
SNY Sony
July 17 calls
SNE130720C00017000 03/13/13 $0.60 4/1/2013 $1.37 127.83%
YHOO Yahoo
April 23 calls
YHOO130420C00023000 03/11/13 $0.60 4/1/2013 $0.95 58.33%
QQQ PowerShares QQQ
April 70.50 calls WEEKLY
QQQ130412C00070500 04/02/13 $0.08 4/10/2013 $0.13 62.50%
QQQ PowerShares QQQ
April 70 calls
QQQ130420C00070000 04/02/13 $0.33 4/11/2013 $0.50 51.52%
KMX CarMax
April 45 calls
KMX130420C00045000 04/08/13 $0.40 4/11/2013 $0.55 37.50%
YHOO Yahoo
May 25 calls
YHOO130518C00025000 04/11/13 $0.65 4/18/2013 $0.25 -61.54%
TSM Taiwan Semiconductor
April 20 calls
TSM130420C00020000 01/03/13 $0.25 4/19/2013 $0.00 -100.00%
FDX FedEx
May 90 puts
FDX130518P00090000 04/17/13 $0.95 4/19/2013 $1.90 100.00%
SNE Sony
April 18 calls
SNE130420C00018000 03/27/13 $0.35 4/19/2013 $0.00 -100.00%
IRWD Ironwood Pharmaceuticals
April 20 calls
IRWD130420C00020000 03/19/13 $0.50 4/19/2013 $0.00 -100.00%
BIDU Baidu
April 75 puts
BIDU130420P00075000 03/18/13 $0.42 4/19/2013 $0.00 -100.00%
CSCO Cisco Systems
April 22 calls
CSCO130420C00022000 03/11/13 $0.35 4/19/2013 $0.00 -100.00%
FB Facebook
April 29 calls
FB130420C00029000 03/05/13 $0.93 4/19/2013 $0.00 -100.00%
IYT iShares Dow Jones Transportation Average
April 100 puts
IYT130420P00100000 02/27/13 $0.90 4/19/2013 $0.00 -100.00%
CYBX Cyberronics
April 40 puts
CYBX130420P00040000 02/26/13 $0.75 4/19/2013 $0.00 -100.00%
CAT Caterpillar
May 77.50 puts
CAT130518P00077500 04/18/13 $1.25 4/25/2013 $0.20 -84.00%
SINA Sina
May 40 puts
SINA130518P00040000 04/18/13 $0.67 4/25/2013 $0.15 -77.61%
FCX Freeport McMoRan
May 26 puts
FCX130518P00026000 04/17/13 $0.75 4/25/2013 $0.15 -80.00%
SCTY SolarCity
May 30 calls
SCTY130518C00030000 04/29/13 $0.25 4/30/2013 $0.60 140.00%
RIMM Research In Motion
April 16 calls
BBRY130405C00016000 03/27/13 $0.50 4/5/2013 $0.00 -100.00%
BGFV Big 5 Sporting Goods
May 17.50 calls
BGFV130518C00017500 04/30/13 $0.55 5/1/2013 $1.50 172.73%
SAI SAIC
June 15 calls
SAI130622C00015000 04/24/13 $0.25 5/10/2013 $0.45 80.00%
SAI SAIC
August 15 calls
SAI130817C00015000 04/24/13 $0.40 5/15/2013 $0.65 62.50%
BEAM Beam
June 70 calls
BEAM130622C00070000 05/07/13 $0.65 5/16/2013 $1.35 107.69%
–– Powershares QQQ
May 66 puts
QQQ130518P00066000 04/18/13 $0.80 5/17/2013 $0.00 -100.00%
SPY Spiders S&P 500
May 150 puts
SPY130518P00150000 04/18/13 $1.35 5/17/2013 $0.00 -100.00%
IRWD Ironwood Pharmaceuticals
May 20 calls
IRWD130518C00020000 03/19/13 $0.75 5/17/2013 $0.00 -100.00%
ADT ADT
May 46 calls
ADT130518C00046000 04/30/13 $0.50 5/17/2013 $0.00 -100.00%
SZYM Solazyme
June 10 calls
SZYM130622C00010000 04/25/13 $0.35 5/22/2013 $1.40 300.00%
GT Goodyear Tire & Rubber
June 13 calls
GT130622C00013000 05/14/13 $0.45 5/22/2013 $1.38 205.56%
GT Goodyear Tire & Rubber
June 14 calls
GT130622C00014000 05/16/13 $0.45 5/22/2013 $0.90 100.00%
GT Goodyear Tire & Rubber
July 13 calls
GT130720C00013000 05/14/13 $0.60 5/22/2013 $1.48 145.83%
YHOO Yahoo
July 28 calls
YHOO130720C00028000 05/08/13 $0.75 5/22/2013 $0.90 20.00%
CLNE Clean Energy Fuels
June 14 calls
CLNE130622C00014000 05/06/13 $0.55 5/22/2013 $0.60 9.09%
XLF Financial Select Spiders
June 19 calls
XLF130622C00019000 05/08/13 $0.50 5/22/2013 $0.90 80.00%
FB Facebook
June 24 puts
FB130622P00034000 05/24/13 $0.55 5/28/2013 $0.70 27.27%
YHOO Yahoo
January (2014) 31 calls
YHOO140118C00031000 05/08/13 $1.05 5/28/2013 $1.10 4.76%
BEAM Beam
June 72.50 calls
BEAM130622C00072500 05/16/13 $0.60 5/29/2013 $0.15 -75.00%
SYMC Symantec
May 25 calls
SYMC130518C00025000 04/11/13 $0.60 5/3/2013 $0.65 8.33%
NDAQ Nasdaq OMX Group
June 30 calls
NDAQ130622C00030000 04/29/13 $0.70 5/6/2013 $1.25 78.57%
CLX Clorox
May 90 calls
CLX130518C00090000 04/29/13 $0.35 5/8/2013 $0.05 -85.71%
MANAGMENT MGM Resorts International
June 15 calls
MGM130622C00015000 01/02/13 $0.40 5/8/2013 $0.45 12.50%
REGN Regeneron Pharmaceuticals
May 270 calls
REGN130518C00270000 05/02/13 $1.50 5/9/2013 $5.45 263.33%
QQQ PowerShares QQQ
June 70 puts
QQQ130622P00070000 06/05/13 $0.35 6/10/2013 $0.10 -71.43%
ADBE Adobe Systems
July 46 calls
ADBE130720C00046000 06/18/13 $0.65 6/19/2013 $1.33 103.85%
SNE Sony
July 23 calls
SNE130720C00023000 05/29/13 $0.40 6/19/2013 $0.53 31.25%
KERX Keryx Biopharmaceuticals
June 10 calls
KERX130622C00010000 02/12/13 $0.70 6/20/2013 $0.00 -100.00%
RVBD Riverbed Technology
July 16 calls
RVBD130720C00016000 06/11/13 $0.75 6/20/2013 $0.85 13.33%
GLD Spiders Gold Shares
June 125 puts
GLD130622P00125000 05/23/13 $1.05 6/20/2013 $1.19 13.33%
PBR Petrobras
July 20 calls
PBR130720C00020000 05/17/13 $0.45 6/20/2013 $0.01 -97.78%
PBR Petrobras
June 20 calls
PBR130622C00020000 05/17/13 $0.25 6/21/2013 $0.00 -100.00%
RVBD Riverbed Technology
July 16 calls
RVBD130720C00016000 05/28/13 $0.52 6/3/2013 $0.55 5.77%
AMAT Applied Materials
July 16 calls
AMAT130720C00016000 05/30/13 $0.20 6/3/2013 $0.25 25.00%
SZYM Solazyme
June 12.50 calls
SZYM130622C00012500 05/20/13 $0.30 6/3/2013 $0.35 16.67%
CAT Caterpillar
June 82.50 puts
CAT130622P00082500 05/24/13 $0.60 6/6/2013 $1.10 83.33%
SGMS Scientific Games
July 12.50 calls
SGMS130720C00012500 05/31/13 $0.20 7/11/2013 $0.25 25.00%
SNE Riverbed Technology
August 18 calls
RVBD130817C00018000 07/09/13 $0.60 7/16/2013 $0.73 22.22%
JPM JPMorgan Chase
August 57.50 calls
JPM130817C00057500 07/08/13 $0.38 7/16/2013 $0.43 11.84%
RMBS Rambus
August 9 calls
RMBS130817C00009000 06/18/13 $0.55 7/18/2013 $0.99 79.55%
CLNE Clean Energy Fuels
July 16 calls
CLNE130720C00016000 05/22/13 $0.25 7/19/2013 $0.00 -100.00%
SPY Spiders Dow Jones
July 141 puts
DIA130720P00141000 06/24/13 $1.15 7/19/2013 $0.00 -100.00%
IWM IShares Russell 2000
July 90 puts
IWM130720P00090000 06/24/13 $1.04 7/19/2013 $0.00 -100.00%
MGM MGM Resorts International
July 17 calls
MGM130720C00017000 05/10/13 $0.40 7/19/2013 $0.00 -100.00%
ARUN Aruba Networks
August 17 calls
ARUN130817C00017000 07/08/13 $0.55 7/22/2013 $1.05 90.91%
SWKS Skyworks Solutions
August 25 calls
SWKS130817C00025000 07/17/13 $0.55 7/24/2013 $0.70 27.27%
ARUN Aruba Networks
August 18 calls
ARUN130817C00018000 07/15/13 $0.55 7/24/2013 $0.60 9.09%
ARUN Aruba Networks
October 22 calls
ARUN131019C00022000 07/15/13 $0.50 7/24/2013 $0.55 10.00%
MGM MGM Resorts International
August 16 calls
MGM130817C00016000 07/17/13 $0.50 7/25/2013 $0.60 20.00%
MGM MGM Resorts International
September 17 calls
MGM130921C00017000 07/17/13 $0.42 7/25/2013 $0.46 9.52%
RNSR Finisar
August 19 calls
FNSR130817C00019000 07/18/13 $0.50 7/26/2013 $0.60 20.00%
SZYM Solazyme
July 12.50 calls
SZYM130720C00012500 06/04/13 $0.60 7/8/2013 $0.15 -75.00%
APOL Apollo Group
August 16 puts
APOL130817P00016000 06/25/13 $0.65 8/1/2013 $0.07 -89.23%
RBS Royal Bank of Scotland
August 10 calls
RBS130817C00010000 07/23/13 $0.55 8/14/2013 $0.75 36.36%
MGM MGM Resorts International
September 17 calls
MGM130921C00017000 07/17/13 $0.52 8/15/2013 $0.93 77.88%
A Agilent Technologies
September 48 calls
A130921C00048000 08/13/13 $1.10 8/15/2013 $1.25 13.64%
WLT Walter Energy
August 9 puts
WLT130817P00009000 07/25/13 $0.30 8/16/2013 $0.00 -100.00%
SNE Sony
August 26 calls
SNE130817C00026000 07/11/13 $0.20 8/16/2013 $0.00 -100.00%
SNE Sony
August 24 calls
SNE130817C00024000 07/11/13 $0.50 8/16/2013 $0.00 -100.00%
MSFT Microsoft
September 33 calls
MSFT130921C00033000 08/13/13 $0.70 8/27/2013 $1.73 146.43%
MGM MGM Resorts International
August 17 calls
MGM130817C00017000 07/17/13 $0.27 8/6/2013 $0.64 135.19%
LYV Live Nation Entertainment
August 17 calls
LYV130817C00017000 08/05/13 $0.40 8/7/2013 $1.10 175.00%
QQQ PowerShares QQQ
September 78 calls
QQQ130921C00078000 08/14/13 $0.70 9/10/2013 $0.85 21.43%
WLT Walter Energy
September 9 puts
WLT130921P00009000 07/25/13 $0.70 9/11/2013 $0.03 -95.71%
DMND Diamond Foods
September 23 calls
DMND130921C00023000 09/09/13 $0.55 9/11/2013 $0.60 9.09%
RBS Royal Bank of Scotland
November 12.50 calls
RBS131116C00012500 07/23/13 $0.20 9/20/2013 $0.30 50.00%
XLNX Xilinx
September 50 calls
XLNX130921C00050000 08/01/13 $0.35 9/20/2013 $0.00 -100.00%
JCP JC Penney
October 12 puts
JCP131019P00012000 09/11/13 $0.28 9/25/2013 $1.30 364.29%
GLD Spiders Gold Shares
September 115 puts
GLD130921P00115000 08/06/13 $1.20 9/4/2013 $0.10 -91.67%
CRM Salesforce.com
September 47 calls
CRM130921C00047000 08/26/13 $0.88 9/4/2013 $2.65 201.14%
INTU Intuit (INTU)
September 60 puts
INTU130921P00060000 08/19/13 $0.60 9/4/2013 $0.15 -75.00%

CFTC Disclosure:

GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH Momentum Options Trading, LLC CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CIRCUMSTANCE. THERE IS SUBSTANTIAL RISK IN TRADING. A LOSS INCURRED IN CONNECTION WITH FUTURES TRADING CAN BE SIGNIFICANT. WE MAKE NO CLAIM REGARDING PAST OR FUTURE PERFORMANCE. WE MERELY TRACK EVERY TRADE AND SHOW THE PERFORMANCE OF ALL TRADES THE SYSTEM OR NEWSLETTER PRODUCES. SIMULATED TRADING IS DIFFERENT THAN TRADING REAL MONEY. HYPOTHETICAL RESULTS ARE NOT REAL RESULTS. PLEASE CONTACT YOUR BROKER ABOUT THE RISK OR TRADING STOCKS, OPTIONS OR FUTURES. ALL COMMUNICATIONS ARE OPINIONS NOT ADVICE.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.