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Information and opinions on this site provided by third parties have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. Such information and opinions are given for informational purposes only and are not a solicitation to buy or sell the securities mentioned. The information is not intended to be used as the primary basis for investment decisions, nor should it be considered as professional advice regarding the evaluation of any specific information, opinion, advice or other content.

Read all prospectuses and carefully consider all investment objectives, risk and associated fees and expenses for each product considered for investment.

While Stracia, LLC has used its best efforts in preparing the works appearing on this Web site, Stracia, LLC makes no representations or warranties with respect to the accuracy or completeness of its contents and specifically disclaims any implied warranties of merchantability or fitness for a particular purpose. The information and opinions presented on this Web site are for general-information use only, are subject to change without notice, and are not intended either as an offer or solicitation with respect to the purchase or sale of any securities, or as personalized investment advice. The advice and strategies contained herein may not be suitable to your situation. You should consult with a professional where appropriate. Stracia, LLC does not assume any liability for any loss that may result from the reliance by any person or entity upon any such information or opinions.

The information presented on this Web site, while not guaranteed, is believed to be accurate as of the date of publication, but Stracia, LLC makes no representations as to its accuracy or completeness. Conditions effecting the performance of securities mentioned on this Web site may change subsequent to the dates of publication or viewing, increasing their riskiness and/or nullifying some or all of the estimates, statistical relationships, conclusions or other information presented on this Web site. Information, opinions and estimates appearing on this Web site and posted or submitted by Stracia, LLC reflect a judgment as of the date such postings or submissions were prepared, and all information appearing on this Web site is subject to change without notice.

None of the Content appearing on this Web site is to be deemed an offer or solicitation on the part of Stracia, LLC with respect to the purchase or sale of any security(ies). The information, tools and material presented on this Web site are provided to you for information purposes only, and are not to be used or considered as an offer to sell or to buy any financial instrument(s), nor to subscribe for any security(ies) or other financial instrument(s).

The strategies, models, studies, and analyses (and parts thereof) discussed on this Web site, and/or in files made available from this Web site, are examples only, and have been included solely for educational purposes. Stracia, LLC does not recommend that you use any such strategy, model, study, or analysis (or any part or parts thereof), as the use of any such strategy, model, study, and analysis does not guarantee that you will make profits, increase profits, or reduce or minimize losses. The purpose of this site is not to engage in rendering any investment or other professional advice. If investment or other professional advice is required, the services of a licensed professional should be sought.

Stracia, LLC did not take any steps to ensure that the securities or investment strategies referred to on this site are suitable for any particular investor. The investments or strategies presented, contained, made available or referred to on this site may not be suitable for you. Do not make any financial decision on the basis of the information, estimates, analyses or conclusions presented on this site. It is recommended that you always discuss any investment decision with qualified financial professionals, including independent investment and tax advisors, before buying or selling any financial instrument. This Web site is in no way intended as a substitute for your own due diligence. Nothing on this site constitutes investment, legal, accounting, or tax advice or a representation that any investment or strategy is suitable or appropriate to your individual circumstances, or otherwise constitutes a personal recommendation to you. Stracia, LLC accepts no liability for loss arising from the use of the material presented on this Web site, which is not to be relied upon in substitution for the exercise of independent judgment, nor in substitution for professional investment and tax advice.

Stracia, LLC may have issued, and may in the future issue, blog postings, submissions, files, exhibits, charts, reports or opinions that are inconsistent with, and reach different conclusions from, the material presented on this Web site. Stracia, LLC is under no obligation to ensure that such other material is brought to the attention of any user or participant of this Web site. Stracia, LLC has no obligation to continue to provide this research, and no such obligation is implied or guaranteed.

Stracia, LLC, or its members, managers, representatives or employees, and/or family members of its members, managers, representatives or employees, may at times hold positions in any of the financial instruments mentioned on this Web site and may purchase or sell these instruments prior to making submissions, posting comments, presenting exhibits or charts, uploading files, or otherwise making information or data available on this Web site. Furthermore, Stracia, LLC, or its members, managers, representatives or employees, and/or family members of its members, managers, representatives or employees may act upon or use the information, conclusions or opinions presented on this Web site before the material is available to any user or participant.

Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied, is made regarding future performance. The price, value of and income from any of the securities or financial instruments mentioned or referred to on this Web site can fall as well as rise. The market value of any security may be affected by changes in company-specific, economic, financial, political and geopolitical factors, market conditions, and volatility, and the credit quality of any issuer or reference issuer, in addition to other factors.

Simulated or hypothetical performance results and analyses have certain limitations. Simulations are designed with the benefit of hindsight, and unlike a record of actual performance, simulated results do not represent actual investment or trading decisions. They may under- or over-estimate the impact, if any, of certain market factors, such as liquidity (or the lack thereof). No representation is made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site.

Some of the investments mentioned on this Web site have a high level of volatility, and may experience sudden and large declines in value, causing losses when that investment is realized. Those losses may equal or exceed the amount of initial investment. In such circumstances, the investor may be required to pay additional money to support those losses. Income yields from investments may fluctuate and consequently, the initial capital paid to invest in an income-yielding financial instrument may be used as part of the income yield. Some investments may not be readily resalable and it may be difficult to sell or realize those investments or obtain reliable information about the value, or risks, to which such an investment is exposed. The value of financial instruments is subject to exchange-rate fluctuations and other factors that may have a positive or adverse effect on the price or income of such instruments. Investors in securities such as American Depositary Receipts (ADRs), the values of which are influenced by currency valuations, which can be highly volatile, effectively assume this risk.

Structured securities are complex instruments, typically involve a high degree of risk, and are intended for sale or purchase only to or by sophisticated investors who are capable of understanding and assuming the risks involved. The market value of any structured security may be affected by company-specific, economic, financial, political and geopolitical factors, market conditions, and volatility, and the credit quality of any issuer or reference issuer, as well as changes in spot and forward interest and exchange rates, time-to-maturity, and other factors. Any investor interested in buying or selling a structured product should conduct his or her own investigation and analysis of the product and consult with a financial advisor regarding the risks involved in conducting such a transaction.

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