PRICE THE EVENT - TRADE THE VOL

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Risk disclosure - Morning Execution is published for informational and educational purposes only. It is not investment, tax or legal advice and is not a recommendation to buy or sell any security. Options involve substantial risk and are not suitable for all investors. Read Characteristics and Risks of Standardized Options before trading. Trade examples and performance figures may include hypothetical or no-trade results, which have inherent limitations and are not realized returns. Past performance does not guarantee future results. The author may hold positions in securities discussed.