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Disclaimers and disclosures

Educational purposes only

All content on this site, in the letter, and in the videos is general education. It is not personalized investment, tax, or legal advice, and it is not a recommendation to buy or sell any security.

Risk

Options trading involves substantial risk and is not suitable for all investors. You can lose money, including more than your initial investment in some strategies. Past results do not guarantee future results.

Position disclosures

Any issue or page discussing a specific ticker will state whether the author holds a position in it.