Or visit:

www.zaner.com

150 S Wacker Dr, Ste 2350Chicago, IL 60606

Phone: 312-277-0050Email: info@zaner.com

Web: http://www.zaner.com

ZANER

For more information, call:

312-277-0050

Zaner Group LLC

Zaner is proud to present…

CME Options onFutures:The Basics

[a CME Group publication]

Futures and Options trading is speculative innature and involves substantial risk of loss.Trading is not suitable for al investors. Youshould carefully consider whether trading isappropriate for you in light of yourcircumstances, knowledge and financialresources.

Or visit:

www.zaner.com

150 S Wacker Dr, Ste 2350Chicago, IL 60606

Phone: 312-277-0050Email: info@zaner.com

Web: http://www.zaner.com

For more information, call:

312-277-0050

Zaner Group LLC

Zaner Group

To learn more about what is required to open a futures trading account, you are invited todownload our report, “How to Open An Account,” available at

http://www.zaner.com/3.0/how_to_open_an_account.asp

Futures, Options and Forex trading is speculative in nature and involvessubstantial risk of loss. Trading is not suitable for all investors. You shouldcarefully consider whether trading is appropriate for you in light of yourcircumstances, knowledge and financial resources.

The limited risk characteristic of options refers to long options only; andrefers to the amount of the loss, which is defined as premium paid on theoption(s) plus commissions and fees. These charts are presented forinformational purposes only. They are intended to show how investing inoptions can depend on the underlying futures prices; specifically whether ornot an option purchaser is buying an In—The-Money, or Out-Of-The Moneyoption. Furthermore, the purchaser will be able to determine whether or not toexercise his right on an option depending on how the option’s strike pricecompares to the underlying futures price. The charts are not intended toimply that option prices move in tandem with futures prices. In fact, optionprices may only move a fraction of the price move in the underlying futures.In some cases, the option may not move at all or even move in the oppositedirection.