This document outlines the risks, prohibitions, and general information concerning option trading. It includes a checklist for option department approval for various trading strategies such as covered call writing, purchasing options, option spreads, uncovered put writing, and uncovered call writing. The document emphasizes the high degree of risk involved in options trading and the need for investors to assess their financial situation before engaging in such transactions. It also details the rules and regulations governing options trading, including position and exercise limits.
doj/DataSet10/EFTA01392929.pdf
{"document_type":"correspondence","document_subtype":"financial agreement","key_organizations":["DBSI","Financial Industry Regulatory Authority (FINRA)","Options Clearing Corporation (OCC)"]}