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This material should be construed as the solicitation of trading strategies and/or services provided by the FCM Division of StoneX Financial Inc., or StoneX Markets LLC ("SXM") as noted in this presentation. These materials have been created for a select group of individuals, and are intended to be presented with the proper context and guidance. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy.

These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by the FCM Division of StoneX Financial Inc. or SXM. The trading of derivatives such as futures, options, and over-the-counter ("OTC") products or "swaps" may not be suitable for all investors. Derivatives trading involves risk of loss and past financial results are not necessarily indicative of future performance. Any hypothetical examples given are exactly that and no representation is being made that any person will or is likely to achieve profits or losses based on those examples.

The FCM Division of StoneX Financial Inc. is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. This material does not constitute an individualized recommendation, or take into account the particular trading objectives, financial situations, or needs of individual customers. Contact designated personnel from the FCM Division of StoneX Financial Inc. for specific trading advice to meet your trading preferences or goals. All references to and discussion of OTC products or swaps are made solely on behalf of SXM, a member of the NFA and provisionally registered with the CFTC as a swap dealer. SXM's products are designed only for individuals or firms who qualify under CFTC rules as an 'Eligible Contract Participant' ("ECP") and who have been accepted as customers of SXM. Reproduction without authorization is forbidden.

**Exchange, regulatory, and other charges may apply. Please see the full pricing schedule for details about applicable charges.

Check the background of StoneX Securities Inc. on FINRA’s BrokerCheck.

Check the background of the FCM division of StoneX Financial Inc. on NFA’s BASIC system.

This site is for use by U.S. residents only. Nothing on this site is an offer to sell or a solicitation of an offer to buy securities, futures, options, products, or services in any country where doing so would be contrary to local law or regulation.

All investments involve risk, including loss of principal. Past performance of any security, futures, option, or strategy is not indicative of future success. Consider your personal financial situation, including your risk tolerance, before investing.

Securities products and services are offered through StoneX Securities Inc., a registered broker-dealer and member FINRA/SIPC. StoneX One accounts opened through StoneX Securities Inc. are introduced to and custodied at StoneX Financial Inc. (SFI), and all customer orders will be transmitted to SFI for execution, clearance and settlement.

SFI is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with both the U.S. Securities and Exchange Commission (SEC) as a Broker-Dealer and with the U.S. Commodity Futures Trading Commission (CFTC) as a Futures Commission Merchant and Commodity Trading Advisor. Exchange based futures and options products and services are offered solely through the FCM division of SFI.

StoneX Securities Inc. and SFI are wholly-owned subsidiaries of StoneX Group Inc. (NASDAQ: SNEX). StoneX Group Inc., through its subsidiaries, connects clients to the global markets ecosystem – providing them with institutional-grade market access, end-to-end clearing and execution, and high-touch expertise.

StoneX One is a proprietary online trading platform through which investors and traders can open securities and/or futures accounts. Accounts opened through StoneX One are currently available to U.S. persons only. Not all products are available.