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THERE IS RISK OF LOSS IN FUTURES, FOREX, AND OPTIONS TRADING AND PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE RISK OF LOSS IN TRADING FUTURES AND OPTIONS CAN BE SUBSTANTIAL, THEREFORE ONLY GENUINE "RISK" FUNDS SHOULD BE USED IN SUCH TRADING. FUTURES AND OPTIONS MAY NOT BE A SUITABLE INVESTMENT FOR ALL INDIVIDUALS AND INDIVIDUALS SHOULD CAREFULLY CONSIDER THEIR FINANCIAL CONDITION IN DECIDING WHETHER TO TRADE. OPTION TRADERS SHOULD BE AWARE THAT THE EXERCISE OF A LONG OPTION WILL RESULT IN A FUTURES POSITION.