Futures Now: Disclaimer

All opinions expressed by the Program Participants are solely their current opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their respective parent companies or affiliates or the companies with which the Program Participants are affiliated, and may have been previously disseminated by them. The Program Participants' opinions are based upon information they consider reliable, but neither CNBC nor its affiliates, nor the companies with which such participants are affiliated, warrant its completeness or accuracy, and it should not be relied upon as such.

The Program Participants are professional traders who may be actively involved in securities discussed on the Program, on behalf of themselves, their companies and their clients. Also, the Program Participants and/or their companies engage in securities trading and may hold both long and short options and/or futures positions in the same security, as well as the underlying stock. The opinions expressed by the Program Participants may be short-term in nature and are subject to change. No part of the Program Participants' compensation from CNBC is related to the specific opinions they express.

Past performance is not indicative of future results. Neither the Program Participants nor CNBC guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the program. In particular, futures are complex securities that can be extremely risky and carry substantial risk of loss. Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this program may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment adviser.