Multi-leg option Walk Limit orders will default to start at the midpoint, incrementally changing the price from the midpoint to the natural bid or ask price as appropriate. Saut’s opinions are based upon information he considers reliable, but neither CWP nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Additional Solutions

Investment decisions should not be made based solely upon values generated by the Trade & Probability Calculator.In addition, the calculations incorporate annualized dividend yields and do not consider ex-dividend dates, early assignment, and other risks associated with options trading. It does not, however, eliminate downside risks. Capital Wealth Planning may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements. Other accounts fees, optional data fees, fund expenses and transaction charges may apply. The bid/ask spread is the difference between the highest price that a buyer is willing to pay (bid) and the lowest price that a seller is willing to accept (ask). The results achieved by individual clients will vary and will depend on a number of factors including the particular underlying investments and their dividend yield, option market liquidity, interest rate levels, implied volatility, and the client’s expressed return and risk parameters at the time the service is initiated and during the term.

The standard online $0 commission does not apply to large block transactions requiring special handling, restricted stock transactions, trades placed directly on a foreign exchange, transaction-fee mutual funds, futures, or fixed income investments. Hedging and protective strategies generally involve additional costs and do not assure a profit or guarantee against loss. The use of this tool does not constitute an investment recommendation by Schwab, and should also not be considered financial, legal or tax advice. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (This site is designed for U.S. residents. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. The Walk Limit order type automatically changes price by canceling and replacing the order at successive price increments, from the start price to the end price. While each platform has its highlights and lowlights, all in all, Schwab will satisfy most traders. Single-leg option Walk Limit orders will default to start at the bid price and will incrementally change the price up to the ask price when buying, or default to start at the ask price and incrementally change to the bid price when selling. This field is for validation purposes and should be left unchanged. You are solely responsible for your investment decisions, and should carefully evaluate the examples to help determine whether or not they are right for you based on your own personal situation. Rather, these values are based solely on the individual contract or pair of contracts in this specific trade. Saut’s statements and opinions are subject to change without notice. CWP’s services should be considered in connection with its written disclosure brochure (i.e., Form ADV Part 2A), a copy of which is available for free by calling (239) 593-2100 or emailing lalbenga@capitalwealthplanning.com.Past performance is not indicative of future results.