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Investments involve risk, past performance does not represent future results. Diversification may help spread risk but does not protect in a down market. You may lose all of your investment. Investors should evaluate their financial situation, investment objectives, and goals before investing.
Options involve risk and are not suitable for all investors. Detailed information on the risks associated with options can be obtained by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation website.
Transaction costs may be significant in multi-leg option strategies including spreads and straddles, as they involve multiple commission charges.
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