Text extracted via OCR from the original document. May contain errors from the scanning process.
Option Objectives (check ALL that apply):
Income (covered call writing) E Portfolio Protection (protective puts)
(ZI Speculation (spreads & uncovered writing)
Client(s) Strategy Requests (Please check as many of the following strategies sought to be employed)
1.Covered Call Writing
Moderate Risk Calls fully covered by underlying stock. Stock may be called at any time or at expiration, requiring owner to sell at strike price.
O
2. Purchasing Options
Involves Substantial Risk., Entire premium is at risk. Profit or loss usually determined by selling position. If position is not closed or exercised by
expiration date, options will expire worthless.
K
3.0ption Spreads — Margin account required.
Involves Substantial Risk. In addition to risk of purchasing puts or calls, if long side is closed out, leaving only a short position, the financial risk
becomes unlimited. Option assignments require purchase of the underlying stock in the open market to effect delivery to purchaser of option.
O
4. Uncovered Put Writing — Margin account and special statement for uncovered option writers required.
Involves Substantial Risk II assigned, the client must purchase the underlying stock at the strike price, which may be substantially higher than the
then-current market price.
O
5. Uncovered Call Writing — Margin account and special statement for uncovered option writers required.
Involves Substantial Risk. Wnting uncovered calls involves unlimited financial risk. Option assignments require purchase of the underlying stock in
open market to effect delivery to purchaser of option.
I have read and understand all of the conditions and stipulations on the reverse side of this form in regard to trading in options and represent that trading
in options is suitable in light of my investment objectives, financial situation, risk tolerance and knowledge. I hereby confirm that I am the source of and
attest to the accuracy of the above information and authorize Deutsche Bank Securities Inc. (also referred to herein as "Deutsche Bank Alex. Brown") to
verify any representation contained therein, at its discretion. I will promptly notify Deutsche Bank Alex. Brown, in writing, of any material change in the
above-stated information. I acknowledge that I may obtain an options clearing corporation prospectus upon request.
I have received and read the Options Clearing Corporation Disclosure Document entitled "Characteristics and Risks of
Standardized Options."
Soled
Date
Signed
Date
Print Client Advisor Name
CA a
Client Advisor Signature
ROP Approval
Date
Date
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Comments
Sit()1,
0
Covered Call Writing
DATE
p
Purchasing Options
0
Option Spreads
0 Uncovered Put Writing
0
Uncovered Call Writing
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e)
CONFIDENTIAL
09-PWM-0127 OM 14 (0911)
006404.051011
DB-SDNY-0 110615
SDNY_GM_00256799
EFTA01453161