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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01384560: Asset (DS10)

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This document is an educational or informational text explaining derivatives trading and risk. It describes how derivative values are linked to underlying asset price movements and notes that risks applicable to trading underlying assets may also apply to derivatives trading. The document does not reference specific accounts, individuals, or transactions.

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or selling short the underlying **asset**.
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The value of a derivative is linked to the price movements in the underlying **asset**.
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Therefore, many of the risks applicable to trading the underlying **asset** also may be applicable to derivatives trading.

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