Disclaimer: This material is conveyed as a solicitation for entering into a derivatives transaction. This material has been prepared by a Kilo Futures broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Kilo Futures does not maintain a research department as defined in CFTC Rule 1.71. Kilo Futures, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein. Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results. You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.