Options trading is generally more complex than stock trading and may not be suitable for some investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Granting options and some other options strategies can result in the loss of more than the original amount invested. Options trading privileges may be subject to your broker’s review and approval. Before trading options, a person should review the document Characteristics and Risks of Standardized Options ( available from your broker or any exchange on which options are traded.
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