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You quickly acknowledged my E-mail and in addition to that came across with a good straightforward answer to my problem. After reviewing the solution that you suggested I do agree that this is a real good way to save a loosing position and turn it positive again. Thank you again, your help is truly appreciated, I will recommend your website and services to all who will listen to me.

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The information contained herein is subject to change without notice.

Please also read our Terms and Conditions, Disclaimer and Privacy Policy which are incorporated herein by reference.

Options involve risk and are not suitable for all investors

The content we publish is, to the best of our knowledge, valid to the extent of our resources and information-gathering mechanisms. The content is distributed uniformly to all subscribers and no specialised, personalised or individual financial advice is given to any one subscriber or sub-group of subscribers. We cannot assure you that the information is precise or absolute. Investments in the securities markets, and especially in options, are speculative and involve substantial risk. Only you can determine what level of risk is appropriate for you. We urge you to seek advice from your professional financial planner/advisor and to make independent investigations before acting on information that we publish. We do not in any way warrant or guarantee the success of any action which you take in reliance on our statements.

We encourage our subscribers and non-subscribers to invest carefully and to utilise the information available at the web sites of the Securities and Exchange Commission and the National Association of Securities Dealers. You can review public companies' filings at the SEC's EDGAR page. The NASD has published information on how to invest carefully on its web site.

Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardised Options. Copies of this document are available at http://cboe.com/resources/intro.asp or from your broker. Copies are also available from the Chicago Board Options Exchange, 400 S. LaSalle Street , Chicago , IL 60605 . The OCC Prospectus contains information on options issued by The Options Clearing Corporation. Copies of this document are available, here, and from The Options Clearing Corporation, 440 S. LaSalle Street , 24th Floor, Chicago , IL 60605 or the Chicago Board Options Exchange, 400 S. LaSalle Street , Chicago , IL 60605 . The documents available discuss exchange-traded options issued by The Options Clearing Corporation and are intended for educational purposes. No statement in the documents should be construed as a recommendation to buy or sell a security or to provide investment advice. Neither of the above links implies that The Options Clearing Corporation nor the Chicago Board of Options Exchange endorses Anacott Investments Limited (hereafter, A.I.L.) or its affiliates.

Options behaviour in a falling or rising market

In a falling or rising market, it is possible that a option may not change in value at the same rate as the underlying security due to the remaining time value.

Other important information regarding the content on this site

Any pricing or potential profitability shown does not take into account your trade size, brokerage commissions or taxes, which will affect actual investment returns. Investment examples and comments presented are based solely on our personal research and opinions. Investors should be cautious about any and all stock or option recommendations. All investors are advised to conduct their own independent research into individual stocks or indexes before making a purchase decision. In addition, investors are advised that past stock, index or option performance is no guarantee of future price appreciation or depreciation. Subject to the section entitled "Trading by A.I.L. Personnel" included in the Disclaimer of Liability, those involved with the preparation and distribution of this web site may have had in the past, may currently hold, or may purchase in the future stock and/or options in companies or indexes discussed in this web site.

DISCLAIMER: Trading in stocks and options involves risk. You can lose money. You should always seek professional advice from your stockbroker. We are not investment advisors or stockbrokers and do not make recommendations to buy or sell any stock or option.