Important Risk Warning
Before investing you should consider carefully the risks involved, including those described below. If you have any doubt as to suitability or the taxation implications, seek independent financial advice.
General – Your capital is at risk when you invest in shares, never risk more than you can afford to lose. Past performance and forecasts are not reliable indicators of future results. Bid/offer spreads, commissions, fees, and other charges can reduce returns from investments. There is no guarantee that dividends will be paid.
Taxation - Profits from share dealing are a form of capital gain and subject to taxation. Tax treatment depends on individual circumstances and may be subject to change in the future. If you have any doubt as to the suitability of an investment or the taxation implications, seek independent financial advice.
Options - Options trading may not be suitable for all investors. A covered call is a hedge on a long stock position. You can earn income via the premium received for writing the option, and earn income from any dividends paid whilst holding the share. If the option is exercised and the price has moved above the option's strike price, you forfeit any profit above the strike price. Ensure you fully understand the risks involved with options and never risk more than you can afford to lose.
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