Options Agreement

This agreement is required before options may be traded in a cash or margin account. The options agreement includes a statement of the client's net worth, liquid assets and investment experience. Brokerage firms require varying amounts of income and net worth depending on the types of option strategies a client intends to use. (Since our entire trading system uses specific option strategies, we will get into more detail later regarding these limits and how to get accounts open without necessarily proving any such figures). All customers opening an option account must receive the ?full disclosure? document approved by the options exchanges and the Options Clearing Corporation (OCC) at or prior to the account being approved.