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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. Past performance is not indicative of future results.
All information, communications,
publications, and reports, including this specific material, used and distributed by HighGround Trading LLC ("HTG") shall be construed as a solicitation for entering into a derivatives
transaction. HTG does not distribute research reports, employ research analysts, or maintain a
research department as defined in CFTC Regulation 1.71.
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