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Options involve risk and are not suitable for all investors. Detailed information on our policies and the risks associated with options can be found in the Scottrade Options Application and Agreement,Brokerage Account Agreement, and by downloading the Characteristics and Risks of Standardized Options and Supplements (PDF) from The Options Clearing Corporation, or by requesting a copy from your local branch office. Market volatility, volume, and system availability may impact account access and trade execution. Supporting documentation for any claims will be supplied upon request. Consult with your tax advisor for information on how taxes may affect the outcome of these strategies. Keep in mind profit will be reduced or loss worsened, as applicable, by the deduction of commissions and fees.

Scottrade, Apex and Interactive Brokers are not affiliated. Although the sources are deemed to be reliable, Scottrade makes no warranty with respect to the contents, accuracy, completeness, timeliness, suitability, or reliability of the information. None of the information presented constitutes a recommendation by Scottrade or its affiliates to buy, sell or hold any security or financial product or instrument, or to engage in any specific investment strategy. The choice to engage in a particular investment strategy or use a specific investment tool should be based solely on your own research and evaluation of the risks involved, your financial circumstances and your investment objectives.

Market volatility, volume, and system availability may impact account access and trade execution.

All investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.