EFTA01353535.pdf

Investment Experience of Account Owner(s) 'rear First Ave a4 if Average Size of Average Size in Types of Pimidus Option 'Traded Trades Per Year r.xles In $ Shares i Contracts Er 'once 1988 10 $1,000,000.00 1,000 Covered Gall Writing 1988 10 $1,000,000.00 1,000 Purchased Options Option Spreads Fixed InCelr.7 1988 10 $1,000,000.00 1,000 Uno,verixl Put Writing COR1(1100itieS one I ucures 1988 10 $1,000,000.00 1,000 . Uncovered Con Writing Exchange Traded Funds (Errs) 1988 10 $1,000,000.00 1,000 Alternative Investments (Ifedge Funds, Private Equity) 1988 10 $1,000,000.00 1,000 Option Objectives (check ALL that apply) income (covered call writing) Portfolio Protection (protective puts) Speculation (option buying, spreads and 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 luny covered by underlying stock. Stock may be called at any time or at expiration, requiring owner to sell at strike price. 2. Purchasing Options Involves Substantial Risk. Entire premium is at risk. Profit or loss usually determined by selling position. It position is not closed or exercised by expiration date, options will expire worthless. 3. Option 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 under€y'ing stock in the open market to effect delivery to purchaser of option. 4. Uncovered Put Writing—Marvin account and special statement for uncovered option writers required. Involves EMtstantial Risk. If SISSIO fled, the client must purchase the underlying stock at the strike price, which may be suPstantialty nigher than the then-current nurket price 5. Uncovered Call Writing—Margin account and special statement for uncovered option writers required. Involves Substantial Risk. Writing uncovered calls involves unlimited financial risk. Option assignments require purchase of the underlying stook in open market to effect delivery to purchaser of option. I have read and understand all of the conditions and stipulations on the refines° side of this form In regard to trading in options anti reprx)sont that trading in options issuitablein light of my investment objectives. financial situation, risk toiecance and knowledge. I hereby conEnn that I am the source of and attest to the accuracy of the above Infatuation and authorize Dorsch') Bank Seorities Inc. (DBSI) to verifyanyrepresentation contained therein, at its disaetioni l will promptly notify DBSI, in of any material atange in the above-stated information. l acknowledge that l may obtain an optionsclearing arporation prospectus upon request. I have recent° and reed the Options Clearing Corporation Disclosure Document entitled "Ctoracteristics and Risks of Standardized Options." 14pnature Pint Ware Date (MNIFOONYYY) Pi Date (MWDONYVY) Client /kowtow Signature ern" Print Client Advlsor Warne ROP Approval Segruature Punt WM18,1768 00721.051018 Pape l cf$ CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0037953 CONFIDENTIAL SDNY_GM_00184137 EFTA01353535