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Disclaimer - *Always verify all of your own numbers to ensure integrity* - I offer these spreadsheets as is and am not responsible should your use result in either a monetary loss or emotional distress. The formulas in the spreadsheets are deemed accurate but are not warranted or guaranteed and should be considered offered >USE AT YOU OWN RISK< and >FOR EDUCATIONAL PURPOSES ONLY<. Always do their due diligence (checking your own numbers for integrity) when putting hard earned money at risk and never risk more than you can afford to lose.

Required reading prior to placing money at risk with options is the ODD which is posted below. "The Characteristics & Risks of Standardized Options" Prior to buying or selling an option, investors must read a copy of the Characteristics & Risks of Standardized Options, also known as the options disclosure document (ODD). It explains the characteristics and risks of exchange traded options. - http://www.optionsclearing. com/about/publications/ publication-listing.jsp - FULL DISCLAIMER PAGE

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