Disclaimer

This material has been prepared by a sales or trading employee or agent of Graybeal Risk Management LLC and is, or is in the nature of, a solicitation. This material is not a research report prepared by Graybeal. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.

Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment.  Past results are not necessarily indicative of future results.

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