BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!!...

38
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

Transcript of BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!!...

Page 1: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

! "#$%!!"#$%!&'(%)*+,-./!!!

! &'()*+,)&%'-!./0!! (#*$&,#12'+2"!!!!!!!!!!!!!!!!!!!!!!!!! !345.65!75.0!895!&/687:;8<=/!1./:.4!;.75>:44?!!! @5>=75!.885AB8</C!8=!:65!?=:7!D9554;9.<7E!

)95!(57F<;5!1./:.4!<6!B7=F<050!>=7!895!:65!=>!2C5/86!./0!2:89=7<G50!)5;9/<;<./6E!24857.8<=/6!</!;=/687:;8<=/.4!./0!85;9/<;.4!A.//57!=7!8=!895!545;87=/<;!75H:<75!895!D7<885/!.:89=7<6.8<=/!=>!"#$%!2IJ!=8957D<65!/=!D.77./8?!=7!B7=0:;8!4<.@<4<8?!D<44!@5!.;;5B850E!

!! &/!;.65!=>!0<>><;:48?!;=/8.;8K!!! "#$%&#'(%)*)+! ,-*$(+!!! !!!!!

./01!,2!,$-345*)6()#66*!78!9:;<=>8!?@A3*$!B*3+CD>!!E8F<=!!=>G!DD!>>!H#I+CD>!!E8F<=!!=>G!DD!>8!J$(*)$*(+!A((K+LLMMMN3*O@N'A

!

Page 2: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7

!! P*#)!9%6(@Q*)R!

?*!M@%3S!345*!(@!(A#$5!T@%!&@)!K%((4$-!T@%)!()%6(!4$!./01!6(#$S;%K!MA**3'A#4)6N!

BA*!./01!6(#$S;%K!MA**3'A#4)!46!#!%$4U%*!#4S!&@)!%6*!VT!(A@6*!&#'4$-!S4&&4'%3(4*6! M#354$-! #$S! 6(#$S4$-! %KN! ,6! M*33! #6! K*)&@)Q4$-! #33! (A*!&%$'(4@$6!@&!#$!#'(4O*!MA**3'A#4)R!(A*!./01!*$#V3*6!T@%!(@!6(#$S!%K!@$!T@%)!@M$N!

W3*#6*! )*#S! (A*6*! @K*)#(4$-! 4$6()%'(4@$6! '#)*&%33T! V*&@)*! %64$-! T@%)!./01N!BA*T! '@$(#4$! 4QK@)(#$(! 4$&@)Q#(4@$!$*'*66#)T! &@)! 6%''*66&%3!@K*)#(4@$!@&!(A*!MA**3'A#4)N!

?A*(A*)!T@%!%6*!T@%)!./01!#6! #! 6(#$S;%K!#4S!#(!M@)5! 4$!*O*)TS#T!34&*R! @)! (@! A*3K! M4(A! 6(#$S4$-! *I*)'46*6R! 4(! -%#)#$(**6! T@%! @K(4Q%Q!4$S*K*$S*$'*R!Q@V434(T!#$S!A*#3(AN!

,6!#!./01!'%6(@Q*)R!T@%!A#O*!#!O#3%#V3*!'@$()4V%(4@$!(@!Q#5*!(@!(A*!@$;-@4$-!&%)(A*)!S*O*3@KQ*$(!@&!@%)!K)@S%'(6N!?*!K%(!-)*#(!6(@)*!VT!T@%)! 6%--*6(4@$6R! MA4'A! *$6%)*! (A#(! ./01! 6(433! @&&*)6! (A*! Q@6(!'@QK)*A*$64O*!6*)O4'*!#O#43#V3*!#$S!K)@O4S*6!&@)!(A*!M4S*6(!K@664V3*!)#$-*!@&!$**S6N!

X@%)6!&#4(A&%33TR!

./01!,2!

!!!!!!

!!!

!!!!!

!

Page 3: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y

,=/85/86!!!Z*#(4$-!#$S!Z(#$S4$-!,66*66Q*$(NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNND!P*'3#)#(4@$!@&!9@$&@)Q4(T NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN<!!&'()*+,)&%'12'+2" NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNG!>N! JQK@)(#$(!K@4$(6!(@!$@(*!V*&@)*!@K*)#(4$-!(A*!./01!!"#$%!&'(%)*+,-./ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN[!7N! 2*$*)#3!(4K6!@$!A#$S34$-!#!MA**3'A#4) NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN[!7N>N! W%6A4$-!@&&!;!A@M!(@!#O@4S!(4KK4$-!@O*) NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN[!7N7N! 2)#S4*$(6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>8!7NYN! \*-@(4#(4$-!@V6(#'3*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>>!7NDN! ])#54$-!M4(A!(A*!K)*66%)*!V)#5*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>7!7N<N! W4'54$-!%K!@V^*'(6!&)@Q!(A*!MA**3'A#4)NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>7!7N=N! P*(#'A#V3*!'@QK@$*$(6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>Y!7N_N! B)#$6K@)(!4$!#!Q@(@)!O*A4'3*NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>Y!YN! ?#))#$(T NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>D!DN! Z4((4$-!L!P)4O4$-NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>D!DN>N! BA*!)*#)!MA**36NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>D!DN7N! Z*#(!4$'34$#(4@$ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>D!DNYN! ,)Q)*6(6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN><!DND! W@64(4@$!@&!(A*!)*#)!MA**36NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN><!DN<N! W@64(4@$!@&!(A*!&)@$(!'#6(@)6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>=!DN=N! ]#'5)*6(!4$'34$#(4@$ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>=!DN_N! BA*!&@@()*6( NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>=!DNGN! BA*!'#3&LA**3!6()#KNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>=!DN[N! BA*!6*#(!'%6A4@$NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>_!DN>8N! BA*!V)#5*6!EMA**3!3@'56F NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>_!DN>>N! ,S^%6(4$-!(A*!V)#5*6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>_!<N! Z(#$S4$-NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>G!<N>N! 2*$*)#3!(4K6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>G!<N7N! BA*!5$**!6%KK@)(!#$S!'A*6(!6()#KNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>[!<N7N>N! BA*!5$**!6%KK@)(NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>[!<N7N7N! BA*!'A*6(!6()#K NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN>[!

<NYN! Z(#$S4$-!%K NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN78!<NDN! Z4((4$-!S@M$NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN78!<N<N! BA*!-#6!6K)4$-6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN78!<N=N! BA*!V#((*)4*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7>!<N=N>N! `*'A#)-4$-!(A*!V#((*)4*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7>!

<N_N! W@4$(6!@&!6#&*(T+ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7>!=N! Z(@)#-*NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN77!=N>N! H@3S4$-!S@M$!(A*!V#'5)*6(NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN77!=N7N! BA*!U%4'5;)*3*#6*!#I3*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN77!=NYN! BA*!'#6(@)6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7Y!

Page 4: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

D

_N! 93*#$4$-NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7Y!GN! "#4$(*$#$'* NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7Y![N! P46K@6#3 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7D!>8N! B)@%V3*!6A@@(4$-NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7D!>8N>N! B)@%V3*!6A@@(*)!;!-*$*)#3!@K*)#(4@$NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7D!>8N7N! B)@%V3*!6A@@(*)!;!(A*!6(#$S;%K!Q*'A#$46QNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7<!!!

(#*$&,#12'+2" NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7=!>N! J$()@S%'(4@$ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7_!7N! ,''4S*$(!K)*O*$(4@$!a!6#&*(TNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7_!YN! ,S^%6(Q*$(6!b!-*$*)#3!4$6()%'(4@$6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7_!DN! `*K#4)6!b!-*$*)#3!4$6()%'(4@$6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7_!<N! B@@36!a!(@)U%*6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7G!=N! JQK@)(#$(!$@(*6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7G!_N! `*'@QQ*$S*S!6#&*(T!'A*'56NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7G!GN! ,S^%6(Q*$(6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7[!GN>N! Z*#(!S*K(ANNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7[!GN7N! BA*!V#'5)*6(!#$S!6*#(!%KA@36(*)TNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNN7[!GNYN! `*#)!MA**3!K@64(4@$ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY8!GNDN! Z*#(!4$'34$#(4@$ NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY8!GN<N! BA*!'#6(@)!#I3* NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY>!GN=N! BA*!3*-!6%KK@)(6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY7!GN_N! BA*!&@@()*6( NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY7!GNGN! BA*!#)Q)*6(6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYY![N! `*K#4)6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYY![N>N! `*K3#'4$-!(4)*L4$$*)!(%V*!@&!)*#)!MA**36 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYY![N7N! `*K#4)4$-!(A*!4$$*)!(%V*NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYD![NYN! `*K3#'4$-!(A*!#I3*!#S#K(*)NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYD![NDN! `*K3#'4$-!(A*!-#6!6K)4$-6 NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYD![N<N! `*K3#'4$-!(A*!#'(%#(@)!E34&(4$-!Q@(@)F NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY<![N=N! `*K3#'4$-!(A*!'@$()@3!6M4('A NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY<![N_N! `*K3#'4$-!(A*!V#((*)T;L!*3*'()@$4'!V@INNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY=![NGN! `*K3#'4$-!(A*!V#((*)4*6NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY=!>8N! B*6(4$-!(A*!MA**3'A#4)NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY_!>>N! 93*#$4$-NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNY_!>7N! B*'A$4'#3!P#(#NNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNNYG!!!!!!!!!!!

!!

Page 5: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

<

! (5.8</C!./0!(8./0</C!266566A5/8!!!!!

c$**!6%KK@)(!#((#'AQ*$(!!6')*M!*O*$!M4(A!'*$(*)!@&!5$**!

c$**!6%KK@)(!#((#'AQ*$(!!6')*M!V*T@$S!'*$(*)!@&!5$**!

!

c$**!6%KK@)(!#((#'AQ*$(!!6')*M!6A@)(!@&!'*$(*)!@&!5$**!!!

c$**!^@4$(!ATK*)!*I(*$S*S! J$'@QK3*(*!5$**!*I(*$64@$!,$53*Lc$**L:4K!^@4$(!6()#4-A(!

Z*#(!S*K(A+!'@))*'(! !Z*#(!S*K(A+!(@@!3@$-! !Z*#(!S*K(A+!(@@!6A@)(!

Page 6: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

=

!!!!

!9@))*'(!K@64(4@$! !]#'5!(@@!S**KL(A4'5!

]#'5)*6(!'%6A4@$!@)!6@34S!!V#'5!&@)!Q@)*!'@Q&@)(!@)!6(#V434(T!

]#'5)*6(!'%6A4@$!

!Z*#(!'%6A4@$!(@@!A4-A!

9%6A4@$!&@)!K)*66%)*!)*34*&!4$!6*#(*S!K@64(4@$!

Z*#(!'%6A4@$!

W*3O46!(43(! !4$'@QK3*(*!A4K!*I(*$64@$!

:TK*)!*I(*$S*S!6K4$*!

]#'5)*6(!'%6A4@$!

:4-A!K)*66%)*!

:TK*)!.@)S@646!

Z*#(!'%6A4@$!

ZK4$*!KAT64@3@-4'#3!

.*-6!6()#4-A(!

Page 7: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

_

!!

!

!!!!!!!!!!!!!!!!!!!!!

! P*'3#)#(4@$!@&!9@$&@)Q4(T!!!!!,6!Q#$%&#'(%)*)!@&!(A*!./01!Z(#$S;%K!MA**3'A#4)R!(A*!'@QK#$T!!! "#$%!2I!! ,$-345*)6()#66*!78!! 9:;<=>8!?@A3*$!! ZM4(d*)3#$S!! B*3N+! CD>!E8F<=;=>G!DD>>!! H#I+! CD>!E8F<=;=>G!DD>8!! ! /Q#43+! @&&4'*e3*O@N'A!! J$(*)$*(+! A((K+LLMMMN3*O@N'A!!!S*'3#)*6! 4$! #33! )*6K@$64V434(T! (A#(! (A*! K)@S%'(! A*)*VT!Q*$(4@$*S! E6**! &@33@M4$-! 346(F! '@))*6K@$S6!M4(A! (A*! O#34S! S4)*'(4@$! @&! (A*!/9! 4$6()%'(4@$6! &@)!Q*S4'#3! K)@S%'(6! S*(*)Q4$*S! >D(A! f%$*R! >[[Y!E[YLD7L/?2FN!!"@)*@O*)!M*! S*'3#)*! O#34S! (A*! '@))*6K@$S*$'*! @&! (A46! K)@S%'(6!M4(A! &@33@M4$-! $@)Q6! L! $@Q4$#3!S@'%Q*$(6+!!&(%!LMLN-M!! #'!MOMPO!&(%!LMLN-Q!! #'!MOMPQ!&(%!LMLN-P!! #'!MOMPR!&(%!LMLN-MS!! #'!NTNTM-M!&(%!LMLN-MN!! #'!NTNTM-M-O!+'&!MRULM!!!!

)?B5!=>!68./0-:B!D9554;9.<76!!

"#$%+!"#$%!&'(%)*+,-./+ ZL"L.Lg.!!!!!!!?@A3*$R!f%3T!>R!788DP! P)N!c%)(!:N!H46'A*)! BA@Q#6!`hV*)!!!!

! !

"#$%

Page 8: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

G

! "#$%!!"#$%!&'(%)*+,-./!!!!!

! ! ! ! ! &'()*+,)&%'12'+2"!!!!!!!!!!

345.65!75.0!89<6!&/687:;8<=/!1./:.4!;.75>:44?!!! ! ! ! ! @5>=75!?=:!68.78!8=!:65!?=:7!D9554;9.<7E

Page 9: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

[

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

Page 10: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>8

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

!!!7N7N! 2)#S4*$(6!!?A*$!(%)$4$-!@$!#!-)#S4*$(R!V*#)!4$!Q4$S!T@%!M433!A#O*!(@!64(!6U%#)*!@$!(@!(A*!63@K*!V*&@)*!&4$#33T!6M4O*334$-! #)@%$S! (@! &#'*! 6()#4-A(! S@M$A433N! J$! (A46! 64S*;@$! K@64(4@$! (A*)*! 46! #! )465! @&! 634KK4$-!64S*M#T6! S@M$! (A*! 63@K*N! /4(A*)! T@%! @)! T@%)! #''@QK#$T4$-! K*)6@$! 6A@%3S! (#5*! (A46! )465! 4$(@!#''@%$(! #$S! 6(**)! #''@)S4$-3T! (@! '@QK*$6#(*N!,3M#T6!Q#5*! 4(! #! )%3*! (@! 64(! 3*#$4$-! 4$(@! (A*! A433R!A@M*O*)!6(**K!(A*!-)#S4*$(!#$S!MA4'A*O*)!(A*!4$(*$S*S!S4)*'(4@$!@&!()#O*3!E6**!S4#-)#QFN!

Page 11: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>>

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`#(A*)!A*!6A@%3S!*$6%)*!(A#(!(A*!)*#)!MA**36!6(#T!4$!'@$(#'(!M4(A!(A*!6(*K6!#(!#33!(4Q*6N!!B@!6%)Q@%$(!!#$!@V6(#'3*!E*N-N!S)4O4$-!%K!@O*)!(A*!5*)V!&)@Q!(A*!6()**(FR!&4)6(!(43(!(A*!MA**3'A#4)!^%6(!*$@%-A!(@!34&(!(A*!&)@$(!'#6(@)6!%K!@$(@!(A*!*S-*!@&!(A*!@V6(#'3*N!W%6A!@$!%$(43!(A*!3#)-*!MA**36!#)*!)*6(4$-! #-#4$6(! (A*! 34K! @&! (A*! @V6(#'3*R! (A*$! 34&(! (A*Q! %K! #$S! @$(@! 4(! VT! (#54$-! A@3S! @&! *4(A*)! (A*!V#'5)*6(!@)!(A*!)*#)!#I3*!E6**!S4#-)#QR!3*&(FN!!

!! !!B@!S*6'*$S!S@M$!@O*)! #$!@V6(#'3*! E*N-N! S)4O4$-!S@M$! &)@Q! (A*!5*)V! 4$(@! (A*! 6()**(FR! &4)6(! (43(! (A*!MA**3'A#4)!%K!@$(@!(A*!)*#)!MA**36R!(A*$!K%6A!@$!#$S!3*(!(A*!MA**3'A#4)!S@M$!@O*)!(A*!*S-*!@&!(A*!@V6(#'3*!@$!(M@!MA**36!E6**!S4#-)#QR!#V@O*!)4-A(FN!

Page 12: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>7

!ZA@%3S!T@%!A#O*!(@!V*!'#))4*S!@O*)!(A)**!6(*K6!@)!Q@)*R!)*U%*6(!(A*!#6646(#$'*!@&!#(!3*#6(!(M@!#V3*;V@S4*S! K*)6@$6N! BA@6*! #6646(4$-! 6A@%3S! @$3T! (#5*! A@3S! @&! 6@34S! K#)(6! @&! (A*! &)#Q*N! BA*T! 6A@%3S!%$S*)!$@!'4)'%Q6(#$'*6!(#5*!A@3S!@&!#$T!Q@O4$-!K#)(6R!6%'A!#6!(A*!)*#)!MA**36!@)!&)@$(!'#6(@)6!E6**!S4#-)#QR!3*&(FN!!

! ! !!W)@'**S!M4(A!-)*#(!'#%(4@$!6A@%3S!T@%!M46A!(@!@O*)'@Q*!#$!@V6(#'3*!#3@$*N!X@%!6A@%3S!V*!#M#)*!@&!(A*!(*$S*$'T!@&!(A*!MA**3'A#4)!(@!(4K!@O*)!V#'5M#)S6!4&R!#6!(A*!)*#)!MA**36!'@$(#'(!(A*!*S-*!@&!(A*!@V6(#'3*R!T@%!#((*QK(!(@!6%)Q@%$(!4(!VT!K%6A4$-!S@M$!A#)S*)!@$!(A*!A#$S)4$-!E6**!S4#-)#QR!#V@O*!)4-A(FN!\*O*)!S)4O*!T@%)!MA**3'A#4)!@$(@!#$!*6'#3#(@)N!!!7NDN! ])#54$-!M4(A!(A*!K)*66%)*!V)#5*6!!?A*$!%64$-!(A*!MA**3'A#4)!4$!64(%#(4@$6!MA*)*!4$')*#6*S!6(#V434(T!46!K#)(4'%3#)3T!4QK@)(#$(R!#3M#T6!)*Q*QV*)!(@!#KK3T!(A*!V)#5*6!E6**!S4#-)#QFN!BA46!#KK34*6R!&@)!*I#QK3*R!MA*$!6(#$S4$-!%KR!634S4$-!@O*)!4$(@!T@%)!MA**3'A#4)!@)!MA*$!T@%!M#$(!(@!()#$&*)!&)@Q!(A*!MA**3'A#4)!4$(@!#$@(A*)!6*#(N!H@)!6#&*(T!)*#6@$6R!4(!46!K#)(4'%3#)3T!4QK@)(#$(!(@!$@(*!(A#(R!MA*$!()#$6&*)4$-R!*O*$!4&!(A*!)*#)!MA**36!#)*!3@'5*S!VT!(A*!V)#5*6R!(A*!MA**3'A#4)!'#$!*#643T!634K!64S*M#T6!4&!4(!46!$@(!'#))T4$-!#!3@#SN!!c**K!4$!Q4$S!(A#(!4$6%&&4'4*$(!(T)*!K)*66%)*!@)!A*#O43T!M@)$!(T)*!()*#S!A#6!#!S*()4Q*$(#3!*&&*'(!@$!V)#54$-!*&&4'4*$'TN!!,&(*)!S)4O4$-!(A)@%-A!#!K%SS3*R!5**K!4$!Q4$S!(A#(!M*(!(T)*6!)*S%'*!V)#54$-!*&&4'4*$'T!#6!M#(*)!@$!(A*!6%)&#'*!@&!(A*!(T)*6!#'(6!#6!#!3%V)4'#$(N!!!7N<N! W4'54$-!%K!@V^*'(6!&)@Q!(A*!MA**3'A#4)!!,3M#T6!)*Q*QV*)!(A#(!K4'54$-!%K!@V^*'(6!&)@Q!(A*!MA**3'A#4)!M433!#3(*)!T@%)!'*$()*!@&!-)#O4(T!#$S!*&&*'(! 6(#V434(TN! BA46! '#$! '#%6*! (A*! MA**3'A#4)! (@! (4K! @O*)R! *4(A*)! V#'5M#)S6! E6**! S4#-)#QR! 3*&(FR!64S*M#T6!@)!&@)M#)S6N!J$!(A*!3#((*)!'#6*R!(@!S*')*#6*!(A*!345*34A@@S!@&!(4KK4$-!&@)M#)S6R!*$3#)-*!(A*!MA**3V#6*!VT!K@4$(4$-!(A*!'#6(@)6!#6!4&!(A*!MA**3'A#4)!M*)*!Q@O4$-!V#'5M#)S6!E6**!S4#-)#QR!)4-A(FN!J(!46!#36@!#SO46#V3*!(@!S)#M!#6!$*#)!#6!K@664V3*!(@!(A*!@V^*'(!V*&@)*!#((*QK(4$-!(@!K4'5!4(!%KN!!

Page 13: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>Y

!!!!7N=N! P*(#'A#V3*!'@QK@$*$(6!!X@%!M433!V*!K3*#6*S! (@!5$@M!(A#(!T@%)!MA**3'A#4)! 46!S*64-$*S!(@!V*!&%33T!'@33#K6#V3*!#$S!46!V%43(!M4(A!6*O*)#3!S*(#'A#V3*!'@QK@$*$(6! (@!-%#)#$(**!(A*!3@M*6(!K@664V3*!K#'54$-!O@3%Q*!#$S!M*4-A(N!9*)(#4$! Q@O*Q*$(6! 4$O@3O*S! 4$! &@3S4$-! S@M$! (A*! V#'5)*6(! #)*R! VT! (A*4)! O*)T! $#(%)*R! K@(*$(4#33T!A#)Q&%3N!W3*#6*!(#5*!'#)*!$@(!(@!()#K!#$T!'3@(A4$-!@)!K#)(6!@&!(A*!V@ST!4$!(A*!^@4$(6!@&!(A*!MA**3'A#4)!#6!T@%)!#)*!&@3S4$-!S@M$!(A*!V#'5)*6(N!X@%!6A@%3S!@$3T!)*6%Q*!T@%)!6*#(!4$!(A*!MA**3'A#4)!@$'*!4(!A#6! V**$! &%33T! %$&@3S*S! #$S! )*#66*QV3*S! M4(A! #33! S*(#'A#V3*! '@QK@$*$(6! E*N-N! )*#)! MA**36! #$S!'#6(@)6F! @$'*! #-#4$! 6*'%)*3T! &4I*S! 4$! K3#'*N! ,3M#T6! Q#5*! 6%)*! V*T@$S! #$T! S@%V(! (A#(! (A*! )*#)!MA**36!A#O*!V**$!6*'%)*3T!)*#((#'A*SR!#$S!'#$$@(!M@)5!3@@6*!MA43*!(A*!MA**3'A#4)!46!Q@O4$-!E6**!S4#-)#QFN!!

!!!7N_N! B)#$6K@)(!4$!#!Q@(@)!O*A4'3*!!?A*$!()#$6K@)(4$-!(A*!MA**3'A#4)!4$!#!Q@(@)!O*A4'3*!Q#5*!6%)*!(A#(!(A*!MA**3'A#4)!46!6@!6*'%)*S!#6!(@!K)*O*$(!4(!634S4$-!#V@%(!@)!(4KK4$-!@O*)N!i6*!6A@%3S!V*!Q#S*!@&!34'*$6*S!&#6(*$4$-!6T6(*Q6!MA4'A!6*'%)*!(A*!MA**3'A#4)j6!)*#)!#I3*!#$S!#(!(A*!&)@$(!(A*!3@M*)!&)#Q*!(%V*6!&)@Q!V*3@MN!! !,.:8<=/K!MA*$!()#$6K@)(4$-!(A*!./01!'@QK#'(;*#6T!4$!#!Q@(@)!O*A4'3*R!V*!6%)*!(@!S46'@$$*'(!(A*!Q@(@)!3*#S!&)@Q!(A*!V#((*)T!#$S!*3*'()@$4'!%$4(N!!J(!46!$@(!K*)Q4((*S!(@!()#$6K@)(!(A*!MA**3'A#4)!4$!#!Q@(@)!O*A4'3*!MA*$!6@Q*V@ST!46!6(433!64((4$-!4$!(A*!MA**3'A#4)N!!!!!

Page 14: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>D

QE! V.77./8?!!X@%)!./01!K)@S%'(!46!-%#)#$(**S!&)@Q!(A*!S#(*!@&!K%)'A#6*!&@)+!!BM@!T*#)6!'@O*)4$-!#33!Q#(*)4#3!#$S!Q#$%&#'(%)4$-!S*&*'(6!@&!Q*'A#$4'#3!K#)(6N!!!1$*!T*#)!'@O*)4$-!#33!*3*'()@$4'!'@QK@$*$(6!4$'3%S4$-!(A*!Q@(@)6N!]#((*)4*6!#)*!*I'3%S*S!&)@Q!(A*!M#))#$(TN!!!!./01!,2!M433!$@(!)*K#4)!@)!)*K3#'*!&)**!@&!'A#)-*!#$T!K#)(!@)!K#)(6!&@%$S!(@!V*!S*&*'(4O*!S%*!(@!#V%6*R!Q46%6*!@)!3#'5!@&!Q#4$(*$#$'*N!!?#))#$(T!'3#4Q6!6A@%3S!V*!S4)*'(*S!(@+!!J$!ZM4(d*)3#$S+!!!./01!,2!1(A*)!9@%$()4*6+!B@!T@%)!3@'#3!#-*$(!!,SS)*66*6!#$S!(*3*KA@$*!$%QV*)6!#)*!-4O*$!@$!(A*!&)@$(!K#-*N!!!RE! (<88</C!W!X7<F</C!!J$! (A*! ./01! '@QK#'(;*#6T! T@%! M433! *$^@T! #33! (A*! A#$S34$-! U%#34(4*6! #$S! '@Q&@)(! @&! #$! #'(4O*!MA**3'A#4)N!BA46!6*'(4@$!M433!(*33!T@%!A@M!(@!#S#K(!(A*!./01!'@QK#'(;*#6T!(@!6%4(!T@%)!K#)(4'%3#)!$**S6N!]*&@)*!#((*QK(4$-!#S^%6(Q*$(6!T@%)6*3&R!K3*#6*!'@$6%3(!T@%)!./01!S*#3*)N!!!!DN>N! BA*!)*#)!MA**36!!:4-A!K)*66%)*!(T)*6!#)*!&4((*S!#6!6(#$S#)S!@$!(A*!./01!'@QK#'(;*#6TN!BA*!S4#Q*(*)!@&!(A*!MA**36!S*K*$S6!@$!(A*!A*4-A(!@&!(A*!6*#(N!BA#$56!(@!(A*!U%4'5;)*3*#6*!#I3*6R!(A*!)*#)!MA**36!'#$!V*!*#643T!)*Q@O*S!#$S!6*(!V#'5!4$!K3#'*!E6**!KA@(@!3*&(FN!!

!!!! ! !!!DN7N! Z*#(!4$'34$#(4@$!!BA*!6(#$S#)S!K)*;6*(!#$-3*!@&!4$'34$#(4@$!46!#KK)@IN!<k!(@!(A*!)*#)N!]T!#3(*)4$-!(A*!A*4-A(!@&!(A*!#I3*!#S#K(*)!4(!46!K@664V3*!(@!)*;6*(!(A46!#$-3*!(@!#$T(A4$-!V*(M**$!7k!EA@)4d@$(#3F!#$S!Gk!(@!(A*!)*#)!E6**!KA@(@!#V@O*!)4-A(FN!B@!*$6%)*!(A*6*!#3(*)#(4@$6!S@!$@(!'@QK)@Q46*!6#&*(T!4$!(A*!6(#$S4$-!K@64(4@$R!(A*!&)@$(!MA**3!&@)56!Q%6(!V*!#S^%6(*S!#KK)@K)4#(*3TN!)9565!.0Y:68A5/86!69=:40!=/4?!@5!;.77<50!

Page 15: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

><

=:8!</!;=/6:48.8<=/!D<89!?=:7!"#$%!05.457Z![=7!?=:7!=D/!6.>58?J!D5!75;=AA5/0!8=!><8!./8<-8<B!7=446!.4D.?6E!!!DNYN! ,)Q)*6(6!!BA*!A*4-A(!@&!(A*!#)Q)*6(6!46!&%33T!#S^%6(#V3*N!!B#5*!@&&! (A*!V#'5)*6(!%KA@36(*)TN!B#5*!@&&! (A*!O*3')@!6()#K6!#V@O*!(A*!#)Q)*6(! ^@4$(6! (@!#S^%6(! (A*!#)Q)*6(6!A4-A*)R!@)!(A*!@$*6!V*3@M!(A*!#)Q)*6(!^@4$(6!(@!#S^%6(!(A*!#)Q)*6(6!3@M*)N!.@@6*$!(A*!'T34$S)4'#3!6')*M!@$!*4(A*)!64S*!@&!(A*!#)Q)*6(!^@4$(6!E6**!KA@(@!3*&(FN!!

!!!!!!!!!!!!!! !!,S^%6(! (A*! A*4-A(! @&! (A*! #)Q)*6(!Q@O4$-! (A*! V#'5)*6(! '@$$*'(@)! (@-*(A*)!M4(A! (A*! #)Q)*6(! ^@4$(6!#3@$-!(A*!V#'5)*6(!(%V*6!%K!@)!S@M$!E6**!K4'(%)*!)4-A(FN!`*;(4-A(*$!V@(A!'T34$S)4'#3!6')*M6!#-#4$N!BA*!#)Q)*6(!#$-3*!46!#36@!#S^%6(#V3*N!!

!B@! )#46*! (A*! &)@$(! *$S! @&! (A*! #)Q)*6(! 6')*M! (A*! (A)*#S*S! K4$!'3@'5M46*!&%)(A*)!4$(@!(A*!#)Q)*6(!^@4$(!E6**!KA@(@FN!!!!B@!3@M*)!(A*!&)@$(!*$S!@&!(A*!#)Q)*6(!6')*M!(A*!(A)*#S*S!K4$!#$(4;'3@'5M46*!@%(!@&!(A*!#)Q)*6(!^@4$(!E6**!KA@(@FN!!

!!!

!DND! W@64(4@$!@&!(A*!)*#)!MA**36!

!]T! )*;6*((4$-! (A*! #I3*! #S#K(*)! *4(A*)! &%)(A*)! &@)M#)S! @)! &%)(A*)!V#'5R!T@%!#)*!#V3*!(@!4$')*#6*!@)!S*')*#6*!)*6K*'(4O*3T!T@%)!./01!'@QK#'(;*#6Tj6! (*$S*$'T! (@! (4K! @O*)! E6**! KA@(@FN! B@! #O@4S!#''4S*$(6!E(4KK4$-!@O*)F!M*!)*'@QQ*$S!(A*!&4((4$-!@&!#$(4;(4K!)@33*)6!E6**!#''*66@)4*6FN!W3*#6*!'@$6%3(!T@%)!./01!S*#3*)l!!!!!

!

!

Page 16: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>=

DN<N! W@64(4@$!@&!(A*!&)@$(!'#6(@)6!!BA*!'@))*'(!K@64(4@$4$-!@&!(A*!&)@$(!'#6(@)6!S*K*$S6!@$!(A*!A*4-A(!@&!(A*!)*#)!MA**36!#$S!46!')%'4#3!4$!*$6%)4$-!#!6#&*!6(#$S4$-!K@64(4@$N!W3*#6*!'@$6%3(!T@%)!./01!S*#3*)l!!!DN=N! ]#'5)*6(!4$'34$#(4@$!!BA*!6(#$S#)S!K)*;6*(!#$-3*!V*(M**$!V#'5)*6(!#$S!6*#(!46![8kN!J(!'#$$@(!V*!#S^%6(*SN!!!DN_N! BA*!&@@()*6(!!Z(#$S#)S!&*#(%)*!@$!(A*!./01!'@QK#'(;*#6T!46!#!(M@;K4*'*!&@@()*6(!E6**!KA@(@!3*&(FN!H@)!()#$6&*)6!4(!'#$!V*!@K*$*S!#$S!&34KK*S!%K!E6**!KA@(@!)4-A(FN!!

!! !!BA*!A*4-A(!@&!(A*!&@@()*6(!46!#S^%6(#V3*!#$S!6A@%3S!V*!#3(*)*S!4$!34$*!M4(A!T@%)!V@ST!K)@K@)(4@$6!(@!-%#)#$(**!(A*!V*6(!6(#$S4$-!K@64(4@$!K@664V3*E6**!KA@(@R!#))@M!#V@O*FN!H@@()*6(!#S^%6(Q*$(!6A@%3S!#36@!(#5*!#''@%$(!@&!T@%)!'A@4'*!@&!6*#(!'%6A4@$N!W3*#6*!'@$6%3(!T@%)!./01!S*#3*)l!BA*!#$-3*!@&!(A*!&@@()*6(!'#$!64Q43#)3T!V*!#S^%6(*S!VT!K3%6LQ4$%6!<k!E6**!KA@(@R!#))@M!V*3@MFN!

!!!!!!!!!!

!!!

!

Page 17: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>_

!!DNGN! BA*!'#3&LA**3!6()#K!!BA*!K%)K@6*!@&!(A*!'#3&LA**3!6()#K!46!(@!K)*O*$(!(A*!3*-6!#$SL@)!&**(!634KK4$-!V#'5M#)S6N!J(!46!&4((*S!V*A4$S!(A*!A**36!@)!A4-A*)!E6**!KA@(@FN!]T!Q#54$-!%6*!@&!(A*!O*3')@!&#6(*$4$-!4(!46!K@664V3*!(@!#3(*)!(A*! 3*$-(A! @&! (A*! 6()#K! #$S! (A%6! (@! *$6%)*! (A*! 4S*#3! K@64(4@$! &@)! (A*! &**(! @$! (A*! &@@()*6(N! JS*#3!K@64(4@$4$-! @&! (A*! &**(! 46! O4(#3! 4$! *$6%)4$-! #! -@@S! 6(#$S4$-! K@64(4@$N! W3*#6*! '@$6%3(! T@%)! ./01!S*#3*)l!!!DN[N! BA*!6*#(!'%6A4@$!!BA*)*!46!#!'A@4'*!@&!O#)4@%6!S4&&*)*$(!6*#(!'%6A4@$6R!-@O*)$*S!VT!T@%)!4$S4O4S%#3!$**S6N!BA*!O*3')@!&#6(*$*)6!&4((*S!(@!(A*!6%)&#'*!@&!T@%)!6*#(!6A@%3S!#33@M!T@%!(@!#((#'A!(A*!Q#^@)4(T!@&!6*#(!'%6A4@$6!6*'%)*3TN!BA*!O*3')@! &#6(*$*)6!K)*O*$(! (A*!'%6A4@$! &)@Q!634KK4$-!@%(!@&!K3#'*!*O*$!MA*$!T@%!#)*!6(#$S4$-!%KN!BA*!A*4-A(!@&!(A*!&@@()*6(!6A@%3S!V*!#S^%6(*S!(@!(#5*!4$(@!#''@%$(!(A*!A*4-A(!@&!#!-4O*$!6*#(!'%6A4@$N!W3*#6*!'@$6%3(!T@%)!./01!S*#3*)l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`*3#I!(A*!V)#5*!#6!&#)!#6!4(!M433!-@N!!

Page 18: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>G

.@@6*$!(A*!'T34$S)4'#3!6')*M!@$!(A*!V)#5*!Q@%$(4$-!E6**!KA@(@R!3*&(FN!!

! !!,S^%6(!(A*!K@64(4@$!@&!(A*!V)#5*!#$S!(A*!Q@%$(4$-!(@!3*#O*!#!-#K!@&!#KK)@I4Q#(*3T!>8!QQ!V*(M**$!V)#5*!6A@*!#$S!(T)*R!(A*$!6')*M!(A*!'T34$S)4'#3!6')*M!(4-A(!#-#4$!E6**!KA@(@R!#V@O*!)4-A(FN!!B*6(!(A*!6()*$-(A!@&!(A*!V)#5*N!!!ZA@%3S! T@%! $**S! (@! (4-A(*$! %K! (A*! V)#5*6R! 6*(! (A*! V)#5*! 6A@*! '3@6*)! (@! (A*! (T)*N! B@! )*3#I! V)#5*!(*$64@$R!3*#O*!#!3#)-*)!-#K!V*(M**$!6A@*!#$S!(T)*N!!!SE! (8./0</C!!X@%)!./01!'@QK#'(;*#6T! 46$j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

Page 19: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

>[

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

!!!!!!!!!!

!<N7N7N!!BA*!'A*6(!6()#K!!BA*!'A*6(!6()#K!A@3S6!(A*!%KK*)!V@ST!4$!K3#'*N!!9A*'5!(A#(!(A*!'A*6(!6()#K!46!6*'%)*!@$!(A*!V#'5)*6(!EO*3')@!&#6(*$4$-FN!!93@6*!(A*!'#('A!@$!(A*!'A*6(!6()#K!#$S!K%33!4(!(@!E$@(!(@@!(4-A(R!6**!KA@(@FN!!

!!B@!)*3*#6*!(A*!'A*6(!6()#KR!64QK3T!K)*66!(A*!)*S!V%((@$!4$!(A*!'*$()*!@&!(A*!'#('AN!B@!63#'5*$R!A@3S!(A*!'#('A!#(!#!)4-A(!#$-3*!(@!(A*!6()#K!#$S!K%33N!1$'*!(A*!5$**!6%KK@)(!#$S!'A*6(!6()#K!#)*!&4((*S!'@))*'(3T!T@%!#)*!)*#ST!(@!6(#$S!%KN!

!

Page 20: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

78

<NYN! Z(#$S4$-!%K!!BA*!6(#$S;%K!Q*'A#$46Q!46!K@M*)*S!VT!#$!*3*'()4'#3!#'(%#(@)!6T6(*Q!M4(A!&%)(A*)!V#'5!%K!K)@O4S*S!VT!(M@!-#6!6K)4$-6N!BA*!#'(%#(@)!Q@(@)!46!&*S!VT!(M@!)*'A#)-*#V3*!V#((*)4*6!E6**!6*'(4@$!<N=NFN!!i64$-!(A*!'@$()@3!6M4('A!@$!(A*!#)Q)*6(!T@%!'#$!Q@O*!(A*!6(#$S;%K!Q*'A#$46Q!*4(A*)!%K!@)!S@M$N!!B@!6(#$S!%KR!K)*66!(A*!'@$()@3!6M4('A!%KM#)S6!E6**!KA@(@!3*&(FN!BA*!Q@(@)!*$-#-*6!#$S!M433!S)4O*!(A*!6*#(!%KM#)S6!6@!3@$-!#6!T@%!5**K!T@%)!&4$-*)!@$!(A*!6M4('AN!!1K(4@$!'@$()@3!K#$*3+! B@!6(#$S!%KR!K)*66!(A*!3*&(;A#$S!V%((@$!E6**!KA@(@!)4-A(FN!BA*!Q@(@)!*$-#-*6!#$S!M433!S)4O*!(A*!6*#(!%KM#)S6!6@!3@$-!#6!T@%!5**K!T@%)!&4$-*)!@$!(A*!V%((@$N!!

!!!!!!!!!

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

1K(4@$!

!

Page 21: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7>

BA*!-#6!6K)4$-6!Q#T!V*!#S^%6(*S!VT!$@!@(A*)!(A#$!#!U%#34&4*S!(*'A$4'4#$l!W3*#6*!'@$6%3(!T@%)!./01!S*#3*)l!!!<N=N! BA*!V#((*)4*6!!BA*!Q@(@)!46!&*S!VT!(M@!)*'A#)-*#V3*R!Q#4$(*$#$'*;&)**!3*#S!V#((*)4*6N!!

?4(A!&%33T!3@#S*S!V#((*)4*6!T@%!'#$!6(#$S!%K!#KK)@IN!>88!(4Q*6N!

,!V%dd*)!6@%$S6!(@!4$S4'#(*!MA*$!(A*!V#((*)4*6!#)*!S@M$!(@!7<m!@&!(A*4)!&%33!'A#)-*!'#K#'4(TN!1$!A*#)4$-!(A*!V%dd*)R!V*!6%)*!(@!)*'A#)-*!(A*!V#((*)4*6!4QQ*S4#(*3T0+

&AB=78./8K!1.\5!6:[email protected]<56!.75!/5F57!;=AB45854?!:/4=.050!=F57!.!4=/C57!8<A5Z!)9<6!;=:40!45.0!8=!.!0:7.@45!0.A.C5!=>[email protected]<56Z!BA*!6(#$S;%K!Q*'A#$46Q!Q#T!$@(!V*!@K*)#(*S!MA*$! (A*!./01!'@QK#'(;*#6T! 46!K3%--*S! 4$(@! (A*!Q#4$6!O4#!(A*!'A#)-*)N!:@M*O*)R! 4$! '#6*! @&! #$! *Q*)-*$'T! E*N-N! *QK(T! V#((*)4*6F! 4(! 46! 6(433! K@664V3*! (@! )*(%)$! (A*! ./01!'@QK#'(;*#6T!(@!(A*!6*#(*S!K@64(4@$!VT!K3%--4$-!4(!4$(@!(A*!Q#4$6!O4#!(A*!'A#)-*)N!!!<N=N>N!̀ *'A#)-4$-!(A*!V#((*)4*6!!B@!)*'A#)-*!(A*!V#((*)4*6R!%$K3%-!(A*!'@$()@3!'#V3*!&)@Q!(A*!#)Q)*6(!#$S!K3%-!(A*!'A#)-*)!K3%-!&)@Q!(A*!'A#)-*)!4$(@!(A*!'@$()@3!'#V3*!#$S!(A*!'A#)-*)!4(6*3&!4$(@!(A*!Q#4$6!E6**!KA@(@FN!!1K(4@$!'@$()@3!K#$*3+! B@! )*'A#)-*! (A*! V#((*)4*6R! K3%-! (A*! 'A#)-*)! K3%-! &)@Q! (A*! 'A#)-*)! 4$(@! (A*!64S*!@&!(A*!'@$()@3!K#$*3!#$S!(A*!'A#)-*)!4(6*3&!4$(@!(A*!Q#4$6!E6**!KA@(@!)4-A(FN!!

! ! !!`*'A#)-4$-!3#6(6!#KK)@IN!=;G!A@%)6N!

)[email protected]<56!69=:40!@5!75;9.7C50!.6!=>85/!.6!B=66<@45J!<05.44?!=/!.!0.<[email protected]<6E!!!<N_N! W@4$(6!@&!6#&*(T+!!J$! #$T! 64(%#(4@$! S*Q#$S4$-! K#)(4'%3#)! '#)*! #$S! #((*$(4@$R! *N-N!MA*$! 4$! ()#$64(! E4$!Q@(@)! O*A4'3*6R!#4)')#&(R!*('NF!@)!MA*$!(A*!MA**3'A#4)!46!(@!V*!3*&(!%$#((*$S*S!4$!(A*!K)*6*$'*!@&!'A43S)*$R!V*!6%)*!(@!S46'@$$*'(! (A*! '@$()@3! '#V3*! #$SL@)! Q@(@)! 3*#S6! &)@Q! (A*! V#((*)T! #$S! *3*'()@$4'! %$4(N! E)465! @&!#''4S*$(FN!!

!

Page 22: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

77

P46'@$$*'(4$-!(A*!'@$()@3!'#V3*!K)*O*$(6!'A43S)*$!@)!@(A*)!%$#%(A@)4d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

!!!!!!!!!!!

!!=N7N! BA*!U%4'5;)*3*#6*!#I3*6!!BA*!U%4'5;)*3*#6*!#I3*6!*$#V3*!T@%!6K**S43T!(@!)*Q@O*!#$S!)*;Q@%$(!(A*!)*#)!MA**36!@&!T@%)!./01!'@QK#'(;*#6TR!(A%6!)*S%'4$-!64-$4&4'#$(3T!(A*!O@3%Q*!#$S!M*4-A(!@&!(A*!MA**3'A#4)N!!?A*$!)*Q@O4$-!#!MA**3R!(A*!MA**3'A#4)!Q%6(!V*!%$@''%K4*SN!BA*!MA**3'A#4)!6A@%3S!V*!6%KK@)(*S!4$!6%'A!#!M#T!(A#(!4(!$*4(A*)!&#336!@O*)!$@)!)@336!#M#T!#&(*)!)*Q@O4$-!(A*!MA**3N!!!P*K)*66! (A*! )*3*#6*! V%((@$! 4$! (A*! '*$()*! @&! (A*! MA**3R! (A*$! K%33! @&&! @)! )*;Q@%$(! (A*! MA**3! E6**!6*'(4@$!DN>NR!BA*!)*#)!MA**36FN!:#O4$-! Q@%$(*S! (A*! MA**3R! K%6A! #$S! K%33! 4(! 6*O*)#3! (4Q*6! (@! *$6%)*! (A*! U%4'5;)*3*#6*! #I3*! A#6!S*&4$4(*3T!3@'5*S!4$N!!!!

!

Page 23: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7Y

=NYN! BA*!'#6(@)6!!B@! )*Q@O*! (A*! &)@$(! '#6(@)! (@-*(A*)! M4(A! (A*! &)@$(! &@)56R! S*K)*66! (A*! U%4'5;)*3*#6*! #I3*! &)@Q!%$S*)$*#(AR!(A*$!K%33!@&&!(A*!&@)56!E6**!KA@(@FN!!

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c**K!(A*!MA**3'A#4)!'3*#$R!$*O*)!6(@)*!4(!MA*$!S#QKN!!! c**K!(A*!V#((*)4*6!'A#)-*SN!!! 9A*'5!(A#(!#33!&4((4$-6R!A#)$*66R!*('n!#)*!M@)54$-!K)@K*)3TN!! 9A*'5!(A#(!(A*!K%6A!A#$S3*6!E@K(4@$#3F!#)*!6*'%)*3T!&#6(*$*SN!! 9A*'5! (4)*! K)*66%)*! @$'*! #!M**5N! J&! $*'*66#)TR! K%QK! %K! (A*! (4)*6! 4$! 34$*!M4(A!Q#$%&#'(%)*)j6!)*'@QQ*$S#(4@$6!E6**!B*'A$4'#3!P#(#R!6*'(4@$!JFN!! 9A*'5!(A*!6(#(*!@&!(A*!()*#S!@$!(A*!(4)*6!@&!)*#)!MA**36!#$S!&)@$(!'#6(@)6!*O*)T!Q@$(AN!J&!#!(4)*!46!A*#O43T!@)!%$*O*$3T!M@)$R!4(!6A@%3S!V*!)*K3#'*S!4QQ*S4#(*3TN!

!! /O*)T!Q@$(A!'A*'5!(A#(!(A*!V)#5*6!6(433!M@)5!'3*#$3TN!:#O4$-!#KK34*S!(A*!V)#5*6R!(A*!MA**36!6A@%3S!6(@K!(%)$4$-!'@QK3*(*3TN!J&!(A*!V)#5*6!#)*!4$*&&*'(4O*R!(A*T!6A@%3S!V*!(4-A(*$*S!%K!VT!T@%)!S*#3*)N!! J&!#$T!&#%3(6!#)*!&@%$SR!4QQ*S4#(*3T!)*K@)(!(A*Q!(@!T@%)!#-*$(N!:*!M433!#SO46*!T@%!MA*(A*)!(@!'@$(4$%*!%64$-!(A*!MA**3'A#4)!@)!$@(R!#$S!MA#(!#'(4@$!T@%!6A@%3S!(#5*!(@!)*K#4)!(A*!MA**3'A#4)N!!

Page 24: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7D

UE! X<6B=6.4!!! ,(!(A*!*$S!@&!4(6!6*)O4'*!34&*!(A*!MA**3'A#4)!6A@%3S!V*!)*(%)$*S!(@!T@%)!./01!S*#3*)!&@)!K)@K*)!S46K@6#3N!! i6*S!V#((*)4*6!6A@%3S!#36@!V*!)*(%)$*S!(@!T@%)!./01!S*#3*)!@)!(@!(A*!K3#'*!MA*)*!T@%!V%T!(A*!$*M!V#((*)T!&@)!K)@K*)!S46K@6#3N!

!!MTE! )7=:@45!69==8</C!!>8N>N!B)@%V3*!6A@@(*)!;!-*$*)#3!@K*)#(4@$!!! H#%3(! Z@3%(4@$!

>8N>N>N! ! ?A**3'A#4)!M433!$@(!()#O*3!4$!#!6()#4-A(!34$*!@)!S@*6$j(!64(!6U%#)*!@$!(A*!-)@%$S!

!

! W%QK!%K!@)!)*K#4)!(A*!(T)*6N!Z**!B*'A$4'#3!P#(#R!6*'(4@$!HN7N!#$S!BT)*!)*K#4)R!6*'(4@$!9N>NN!! :#O*!#!(*'A$4'4#$!'A*'5!#$S!4&!$**S!V*!#S^%6(!(A*!)*#)!MA**3!#I3*!Q@%$(4$-R!&)@$(!&@)5!Q@%$(4$-R!*('N!

>8N>N7N! ! P46'@Q&@)(!4$!6*#(*S!@)!6(#$S4$-!K@64(4@$!

! :#O*!#!(*'A$4'4#$!'A*'5!#$S!4&!$**S!V*!#S^%6(!(A*!)*#)!MA**3!#I3*!Q@%$(4$-R!&)@$(!&@)5!Q@%$(4$-R!*('N!

>8N>NYN! ! .*-!6%KK@)(6!S@$j(!)*6(!@$!(A*!-)@%$S!4$!(A*!%KK*)Q@6(!6(#$S4$-!K@64(4@$!

! ,.:8<=/K!$@!-%#)#$(**!@&!6(#V434(T!MA*$!6(#$S4$-l!JQK*)#(4O*l!:#O*!#!(*'A$4'4#$!'A*'5!#$S!4&!$**S!V*!#S^%6(!(A*!)*#)!MA**3!#I3*!Q@%$(4$-R!&)@$(!&@)5!Q@%$(4$-R!*('N!

>8N>NDN! ! ?A**3'A#4)!(4K6!@O*)!V#'5M#)S6!(@@!*#643T!

! :#O*!#!(*'A$4'4#$!'A*'5!#$S!4&!$**S!V*!#S^%6(!(A*!)*#)!MA**3!#I3*!Q@%$(4$-R!&)@$(!&@)5!Q@%$(4$-R!*('N!! ,((#'A!#$(4;(4K!)@33*)6!E6**!#''*66@)4*6F!

>8N>N<N! ! ])#5*6!S@$j(!V)#5*!*&&*'(4O*3T! ! :#O*!#!(*'A$4'4#$!'A*'5!#$S!4&!$**S!V*!#S^%6(!(A*!V)#5*6!

!!

Page 25: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7<

>8N7N!B)@%V3*!6A@@(*)!;!(A*!6(#$S;%K!Q*'A#$46Q!!! H#%3(! Z@3%(4@$!

>8N7N>N! ! "*'A#$46Q!M@)56!@$3T!O*)T!63@M3T! ! `*'A#)-*!V#((*)4*6!! :#O*!V#((*)4*6!)*K3#'*S!

>8N7N7N! ! "*'A#$46Q!S@*6$j(!#3M#T6!&%$'(4@$!#(!(A*!6#Q*!6K**SR!4N*N!U%4'5*)!-@4$-!%K!@)!'@Q4$-!S@M$!

! 9A*'5!-#6!6K)4$-!6()*$-(A!'@))*6K@$S6!(@!%6*)!V@ST!M*4-A(N!J&!$**S!V*R!A#O*!6K)4$-6!)*K3#'*S!

>8N7NYN! ! "*'A#$46Q!4$@K*)#V3*!E$*4(A*)!%K!$@)!S@M$R!$@!K*)'*4O#V3*!Q@(@)!$@46*F!

! 9@$$*'(!Q@(@)!3*#S!M4(A!V#((*)T!#$S!*3*'()@$4'!%$4(!! 9@$$*'(!'@$()@3!K#$*3!M4(A!V#((*)T!#$S!*3*'()@$4'!%$4(!! `*'A#)-*!V#((*)4*6!! :#O*!V#((*)4*6!)*K3#'*S!! :#O*!'@$()@3!K#$*3!)*K3#'*S!! :#O*!Q@(@)!)*K3#'*S!! :#O*!V#((*)T!#$S!*3*'()@$4'!%$4(!)*K3#'*S!! :#O*!'A#)-*)!)*K3#'*S!

!! !!! !

Page 26: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7=

"#$%!!"#$%!&'(%)*+,-./!!!!!

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

Page 27: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7_

ME! &/87=0:;8<=/!!X@%)! ./01+ !"#$%!&'(%)*! 46! Q#4$(*$#$'*;&)**! S46K*$64$-! (A*! %6*)! M4(A! (A*! $**S! &@)! &%)(A*)!Q#4$(*$#$'*!M@)5!*I'*K(!&@)!'A#)-4$-!(A*!V#((*)T!#$S!'3*#$4$-!(A*!MA**3'A#4)!@$!#!)*-%3#)!V#646N!!P%*!(@!4(6!'@QK3*I!S*64-$R!(A*!MA**3'A#4)!6A@%3S!V*!'A*'5*S!&@)!6#&*(T!#(!3*#6(!@$'*!#!T*#)!VT!T@%)!./01!S*#3*)!@)!#%(A@)4d*S!(*'A$4'4#$N!!BA46!6*)O4'*!Q#$%#3!A#6!V**$!S*64-$*S! &@)!%6*!VT!T@%)!./01!S*#3*)!@)!#%(A@)4d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j6! &)4*$S6! #$S! )*3#(4O*6R! (A*T! Q#T! '#))T! @%(! 6@Q*! @&! (A*!#S^%6(Q*$(!M@)56!(A*Q6*3O*6N!BA46!Q#$%#3!M433!(*33!T@%!A@M!(@!K)@'**SN!:@M*O*)R!MA*$!S*34O*)*SR!T@%)!MA**3'A#4)! 6A@%3S! V*! #S^%6(*S! (@! T@%)! K*)6@$#3! $**S6! VT! T@%)! ./01! S*#3*)! @)! #%(A@)4d*S!(*'A$4'4#$N!!!RE! *5B.<76!^!C5/57.4!</687:;8<=/6!!Z*)O4'*!#$S!)*K#4)!M@)56!@$!(A*!./01+!"#$%!&'(%)*+6A@%3S!@$3T!V*!'#))4*S!@%(!VT!#!./01!S*#3*)!@)!#%(A@)4d*S!(*'A$4'4#$N!!! `*K#4)6+! H@)! #SO4'*! 4$! #33! )*K#4)6! 4$! ZM4(d*)3#$S! '@$(#'(!./01!,2! 4&! 4$!ZM4(d*)3#$SN! H@)! #33!@(A*)! '@%$()4*6! '@$(#'(! T@%)! 3@'#3! ./01! #-*$(N! ,SS)*66*6! #)*! -4O*$! #(! (A*! &)@$(! @&! (A46!4$6()%'(4@$!#$S!6*)O4'*!Q#$%#3N!! "#^@)! )*K#4)6+! H@)! #33! Q#^@)! )*K#4)6! *N-N! V*$(! @)! S#Q#-*S! &)#Q*! #3M#T6! )*K3#'*! '@QK3*(*!'@QK@$*$(6N!!\*O*)!()T!(@!)*K#4)!S#Q#-*S!6(**3M@)5!@)!'@QK@$*$(6N!! `*K3#'*Q*$(! K#)(6+! H#'(@)T! )*K3#'*Q*$(! '@QK@$*$(6! 6A@%3S! V*! %6*S! 4$! #33! )*K#4)6R! (A*6*! #)*!#O#43#V3*!&)@Q!./01!,2N!B@!@)S*)!K#)(6!6**!(A*!K#)(6!346(!S)#M4$-6!#(!(A*!*$S!@&!(A46!Q#$%#3N!!

!,.:8<=/K!'A*'5!(A#(!(A*!./01!'@QK#'(;*#6T!46!$@(!4$!(A*!64((4$-!K@64(4@$!V*&@)*!'#))T4$-!@%(!#$T!Q#4$(*$#$'*!@)!)*K#4)!M@)5!@$!(A*!MA**3'A#4)j6!6(#$S;%K!Q*'A#$46Ql!`465!@&!#''4S*$(l!H@33@M!(A*!4$6()%'(4@$6!-4O*$!4$!(A*!)*3*O#$(!6*'(4@$6!@&!(A*!6*)O4'*!Q#$%#3l!

!

!

Page 28: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7G

SE! )==46!]!8=7H:56!!BA*!&@33@M4$-!(@@36!#)*!)*U%4)*S!(@!'#))T!@%(!Q#4$(*$#$'*!M@)5+!!

!!!!!!!!

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d*S! (*'A$4'4#$N! J&! #! S*&*'(! @''%)6R!4QQ*S4#(*3T!S46'@$(4$%*!%64$-!(A*!MA**3'A#4)!%$(43!(A*!S*&*'(!46!)*Q*S4*SN!!>N! H@3S!S@M$!(A*!V#'5)*6(!#$S!)*6*(N!:#O4$-!K%(!(A*!V#'5)*6(!V#'5!4$!K3#'*R!'A*'5!(A#(!(A*!U%4'5!

)*3*#6*!V@3(6!3@'5!'@))*'(3TN!`*'(4&T!K@664V3*!S*&*'(6N!7N! 9A*'5!(A*!&)#Q*!&@)!K@664V3*!S*&*'(6N!`*K3#'*!S*&*'(4O*!K#)(6!4&!4$!$**S!@&!)*K#4)N!!YN! 9A*'5!6*#(!#$S!V#'5)*6(!'@O*)6!&@)!K@664V3*!M*#)!#$S!)*K3#'*R!4&!$*'*66#)TN!DN! 9A*'5!(A*!'@$S4(4@$!@&!6()#K6R!V*3(6!#$S!'#('A*6!#$S!)*K3#'*R!4&!$*'*66#)TN!<N! 9A*'5!(A#(!$%(6R!6')*M6R!^@4$(6!#$S!K3#6(4'!K#)(6!#)*!6*'%)*3T!(4-A(*$*S!#6!M*33!#6!&@)!K)@K*)!

'@$S4(4@$N!`*'(4&T!K@664V3*!S*&*'(6N!=N! 9A*'5!(A#(!K%6A!A#$S3*6!#$S!A#$S3*!'@O*)6!&4(!(4-A(3TN!`*'(4&T!K@664V3*!S*&*'(6N!_N! 9A*'5!V)#5*6!&@)!#S*U%#(*!V)#54$-!*&&4'4*$'TN!`*'(4&T!K@664V3*!S*&*'(6N!GN! 9A*'5!(A#(!&)@$(!'#6(@)6!#$S!)*#)!MA**36!)%$!6Q@@(A3T!#$S!#)*!6*'%)*3T!&#6(*$*SN!9A*'5!(4)*!

K)*66%)*!#$S!(A*!()*#S!@&!(A*!(4)*!@&!)*#)!MA**36N![N! 9A*'5!#33!*3*'()4'#3!'#V3*6!&@)!#V)#64@$!Q#)56!#$S!6#&*!@K*)#(4@$N!`*'(4&T!K@664V3*!S*&*'(6N!>8N! 9A*'5!#33!*3*'()4'#3!'@$$*'(4@$6!&@)!64-$6!@&!'@))@64@$!#$S!6#&*!@K*)#(4@$N!`*'(4&T!K@664V3*!

S*&*'(6N!>>N! 93*#$!V#((*)4*6!#$S!'@$$*'(4@$6N!9A*'5!V#((*)T!'#K#'4(T!#$S!4$&@)Q!(A*!'%6(@Q*)!@&!4(6!

'@$S4(4@$N!`*'A#)-*!(A*!V#((*)T!V*&@)*!)*(%)$4$-!(A*!MA**3'A#4)!(@!(A*!'%6(@Q*)N!!>7N! 9A*'5!(A*!6(#$S;%K!Q*'A#$46Q!#$S!4(6!K)@K*)!@K*)#(4@$N!`*'(4&T!K@664V3*!S*&*'(6N!!!

Z')*M!64d*! B@)U%*!4$!\Q! ,33*$!5*T! 9)@66!V3#S*!')*MS)4O*)! ZK#$$*)!

"D! Y! 7N<QQ! H3#(!V3#S*!6')*MS)4O*)! >8!QQ!

"<! =! Y!QQ! Z@&(!A*#S*S!A#QQ*)! >Y!QQ!

"=! >8! D!QQ! B@)U%*!M)*$'A+! >_!QQ!

"G! 7<! <!QQ! 8!V46!<8!\Q! 7_!QQ!

">8! <8! =!QQ! ! !! ! G!QQ! ! !

Page 29: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

7[

PE! 20Y:68A5/86!!GN>N! Z*#(!S*K(A!!BA*! 6*#(! S*K(A! 46! #S^%6(#V3*! #$S! '#$! V*! #S^%6(*S! *I#'(3T! (@! (A*! %6*)6! %KK*)! 3*-! 3*$-(AN! BA46! 46!4QK@)(#$(!&@)!#!6()#4-A(R!'@Q&@)(#V3*!#$S!'@))*'(!6(#$S4$-!K@64(4@$N!2885/8<=/K!(A*!6*#(!S*K(A!4$'@))*'(3T!#S^%6(*S!'#$!'#%6*!K#4$R!K)*66%)*!6@)*6!@)!Q#3K@64(4@$6N!BA46!#S^%6(Q*$(!Q#T!@$3T!V*!'#))4*S!@%(!VT!#!./01!S*#3*)!@)!#!U%#34&4*S!6K*'4#346(l!

!! P)4O*!(A*!6*#(!%K!4$(@!#!'@Q&@)(#V3*!M@)54$-!K@64(4@$N!! `*Q@O*!(A*!6*#(!%KA@36(*)TN!! i$6')*M! #33! &@%)! A*I#-@$#3! 6')*M6! %64$-! #! D!QQ!,33*$! 5*T! #(!V@(A! 4$$*)! *S-*6! @&! (A*! #S^%6(4$-! 3*O*)6! #6!M*33! #6! (A@6*! #(! (A*!@%(*)!*S-*6!@&!(A*!6*#(!6%KK@)(6!#$S!)*Q@O*!(A*Q!E6**!KA@(@!>FN!! ,S^%6(! (A*!6*#(! (@! (A*!S*64)*S!S*K(A!VT!K%334$-!#33!&@%)!)*#)!6*#(!6%KK@)(!#$S!#S^%6(4$-!3*O*)!(%V*6!64Q%3(#$*@%63T!@%(!@&!(A*!&)@$(!(%V*6!@)!K%6A4$-!(A*Q!4$64S*N!! `*(4-A(*$!#33!*4-A(!A*I#-@$#3!6')*M6!#-#4$N!!

!!2885/8<=/K!(A*!A*I#-@$#3!6')*M6!&@)!(A*!6*#(!S*K(A!#S^%6(Q*$(!#)*!6#&*(T!'@#(*S!M4(A!B%&3@5N!BA*T!'#$!V*!%6*S!#KK)@IN!(A)**!(4Q*6!%$(43!(A*!'@#(4$-!A#6!M@)$!@&&N!H@)!6#&*(T!)*#6@$6!%6*!$*M!6')*M6!#&(*)!#!'@%K3*!@&!#S^%6(Q*$(6l!!!GN7N! BA*!V#'5)*6(!#$S!6*#(!%KA@36(*)T!!BA*! 6%)&#'*! &3*I4V434(T! @&! (A*!V#'5)*6(! %KA@36(*)T! '#$!V*! #S^%6(*S!%64$-! (A*!O*3')@! &#6(*$*)6N!BA*!V#'5)*6(!'#$!V*!(4-A(*$*S!E&@)!#!Q@)*!%K)4-A(!6*#(*S!K@6(%)*F!@)!)*3#I*S!E&@)!Q@)*!V#'5!6%KK@)(FN!!BA*! 6*#(!%KA@36(*)T! '#$!V*! 64Q43#)3T! (4-A(*$*S!@)! )*3#I*S!VT!%6*!@&!O*3')@! &#6(*$*)6N!,6!#! )%3*! 4(!6A@%3S! V*! #6! (#%(! #6! K@664V3*N!P*K*$S4$-! @$! (A*! A*4-A(! @&! (A*! '%6A4@$4$-! 4$! U%*6(4@$R! 4(!Q#T! V*!$*'*66#)T!(@!3@@6*$!%KA@36(*)T!6%)&#'*!(*$64@$!(@!V*!#V3*!(@!64$5!(A*!'%6A4@$4$-!S@M$!V*(M**$!(A*!(M@!6*#(!6%KK@)(6N!!J&! (A*! 6*#(! S*K(A! Q%6(! V*! #S^%6(*S! (A*! 6*#(! %KA@36(*)T! S*K(A! '#$! #36@! V*! #S^%6(*S! VT! #SS4$-! @)!)*Q@O4$-!@$*!@)!(M@!O*3')@!6()#K6!E6**!KA@(@!7FN!?A*$!#S^%6(4$-!(A*!6*#(!S*K(A!Q#5*!6%)*!(A#(!(A*!&3#K!@&!(A*!V#'5)*6(!%KA@36(*)T!'@O*)6!(A*!6*#(!VT!#!Q4$4Q%Q!@&!>7!'Q!E6**!KA@(@!7FN!!

BA*! 'A*6(! 6()#K! 46! &4I*S! (@! (A*! V#'5)*6(! %KA@36(*)T! VT! %6*! @&!O*3')@!&#6(*$*)6N!J(!'#$!(A*)*&@)!V*!#S^%6(*S!4$!A*4-A(N!!!!!!!

>!

!7!

>7!'Q!

Page 30: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y8

!Z!"!.!!g.

Z!!!!!!!!"!!.!!!!!!!g.

!

"#$%!&#'%(!

)*+#!$&$'%#,!

Y!

GNYN! `*#)!MA**3!K@64(4@$!!BA*!#I3*!#S#K(*)!Q@%$(*S!#6!6(#$S#)S!@$!T@%)!./01!!"#$%!&'(%)*!S*K*$S6!@$!(A*!6*#(!S*K(AN!!

! !Z*#(!S*K(A!Z+!#I3*!#S#K(*)!Z!Q@%$(*SN!! !Z*#(!S*K(A!"+!#I3*!#S#K(*)!"!Q@%$(*SN!! !Z*#(!S*K(A!.+!#I3*!#S#K(*)!.!Q@%$(*S!4$!&@)M#)S!S4)*'(4@$N!! !Z*#(! S*K(A!g.+! #I3*! #S#K(*)! .!Q@%$(*S! 4$! )*#)M#)S! S4)*'(4@$N!Z**!#36@!433%6()#(4@$!YN!! !J$!@)S*)! (@! )*$S*)! (A*!'A#4)!Q@)*!@)! 3*66! (4KKT! 4(! 46!K@664V3*! (@!Q@%$(!#!S4&&*)*$(!#I3*!#S#K(*)!E6**!'A#K(*)![NYNFN!!

! /I#QK3*+! "@%$(4$-! (A*! #I3*! #S#K(*)!"! @$! #! 'A#4)! M4(A! 6*#(!S*K(A!.!Q#5*6!(A*!'A#4)!(4KK4*)N!"@%$(4$-!(A*!#I3*!#S#K(*)!.!4$!!!!!!!)*#)M#)S!S4)*'(4@$!Q#5*6!4(!Q@)*!6(#V3*N!! H@)!T@%)!@M$!6#&*(T!M*!)*'@QQ*$S!(@!&4(!#$(4;(4K!)@336!#3M#T6l!

!!GNDN! Z*#(!4$'34$#(4@$!!BA*!6(#$S#)S!K)*;6*(!4$'34$#(4@$!46!(@!(A*!)*#)N!]T!#3(*)4$-!(A*!A*4-A(!@&!(A*!#I3*!#S#K(*)!4(!46!K@664V3*!(@!6*(!(A46!4$'34$#(4@$!(@!#$T(A4$-!V*(M**$!7k!EA@)4d@$(#3F!#$S!>8k!(@!(A*!)*#)!E6**!'A#)(!V*3@MFN!B@!*$6%)*!(A*6*!#3(*)#(4@$6!S@!$@(!'@QK)@Q46*!6#&*(T!4$!(A*!6(#$S4$-!K@64(4@$R!(A*!'#6(@)!&@)56!Q%6(!V*!#S^%6(*S!#KK)@K)4#(*3Tl!!!!!!!!!!B@!#S^%6(!(A*!6*#(!4$'34$#(4@$!(A*!#I3*!#S#K(*)!46!#S^%6(*S!4$!A*4-A(+!!i$6')*M!V@(A!4$64S*!A*I#-@$#3!6')*M6!E,F!%64$-!#!>8!QQ!6K#$$*)!#$S!(4-A(*$!(A*!(A)*#S*S!K4$!E]F!%64$-!#!Y!QQ!,33*$!5*T!E6**!KA@(@!DFN!BA*!3#((*)!@K*$6!%K!(A*!'3#QK6!@$!(A*!#I3*!#S#K(*)N!!

! ,S^%6(! (A*! #I3*! #S#K(*)! (@! (A*! S*64)*S! A*4-A(R! %$6')*M! (A*!(A)*#S*S!K4$!!#$S!(4-A(*$!(A*!(M@!4$$*)!A*I#-@$#3!6')*M6!!#-#4$N!

!!!!!!!

D!

,!

]!

#!

(8./0.70!

Z*#(!S*K(A!Z*#(!A*4-A(!

P4Q*$64@$!)*#)!MA**3! P46(#$'*!# ,$-3*!

"! DG! 77 ! D<!QQ! _k!

.! <>! 7D ! D<!QQ! =k!

.! <D! 7D ! 78!QQ! Yk!

g.! <_! 7= ! Y8!QQ! <k!

!

1._<A:A!P46(#$'*!# ,$-3*!

78!QQ! Dk!

78!QQ! 7k!

78!QQ! Yk!

78!QQ! Yk!

1</<A:A!P46(#$'*!#! ,$-3*!

=8!QQ! >8k!

=8!QQ! Gk!

=8!QQ! [k!

=8!QQ! >8k!

Page 31: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y>

,.:8<=/K!?A*$!#S^%6(4$-!(A*!A*4-A(!@&!(A*!#I3*!#S#K(*)R!V*!6%)*!(@!#S^%6(!(A*!'#6(@)!#$-3*!#$S!(A*!3*$-(A!@&!(A*!3*-!K3%-!#''@)S4$-3T!E6**!6*'(4@$!GN<NFN!J$!'#6*!@&!3#)-*!6'#3*!#S^%6(Q*$(6!4(!Q#T!*O*$!V*!$*'*66#)T!(@!)*K3#'*!(A*!3*-!6%KK@)(6N!:#O4$-! Q#S*! (A*! #S^%6(Q*$(6R! 4(! 46! #V6@3%(*3T! O4(#3! (@! *$6%)*! (A#(R! MA*$! 6(#$S4$-! %KR! (A*! 3*-!6%KK@)(6!6(433!)*6(!@$!(A*!-)@%$S!#6!(A46!46!')%'4#3!(@!6(#$S4$-!6(#V434(T!E)465!@&!#''4S*$(lFl!!!GN<N! BA*!'#6(@)!#I3*!!:#O4$-!Q#S*!#S^%6(Q*$(6!(@!(A*!)*#)!#I3*R!V*!6%)*!(@!#S^%6(!(A*!'#6(@)!A*4-A(!#$S!#$-3*!#''@)S4$-3TN!!?A*$!'#))T4$-!@%(!(A*6*!#S^%6(Q*$(6R!4(!46!4QK@)(#$(!(@!V*#)!(A*!&@33@M4$-!K@4$(6!4$!Q4$S+!!! BA*!'#6(@)!#I3*!6A@%3S!6(#$S!#(!#!)4-A(!#$-3*!(@!(A*!-)@%$SN!!! BA*!'#6(@)!6A@%3S!#3M#T6!)*Q#4$!4$!'@$(#'(!M4(A!(A*!-)@%$SN!! J$!(A*!%KK*)Q@6(!6(#$S4$-!K@64(4@$R!(A*!3*-!6%KK@)(6!Q%6(!V*!)*6(4$-!@$!(A*!-)@%$SN!! ])4$-!(A*!./01!!"#$%!&'(%)*!4$(@!(A*!6(#$S4$-!K@64(4@$N!!

! i$6')*M!#$S!)*Q@O*!(A*!'T34$S)4'#3!6')*M6!%64$-!#!D!QQ!,33*$!5*TR! (A*$!6*(! (A*!K3#6(4'! 3*-!K3%-!*4(A*)!A4-A*)!@)! 3@M*)!6@! (A#(!(A*! 3*-! 6%KK@)(6! #)*! 6(#$S4$-!@$! (A*!-)@%$SN!X@%!Q#T!A#O*! (@!(%)$!(A*!3*-!K3%-!VT![8kN!E6*!KA@(@!<FN!

!!!!!

! i$6')*M! (A*! (M@! 'T34$S)4'#3! 6')*M6! %64$-! #! <! QQ! ,33*$! 5*T!#$S(%)$!(A*!*''*$()4'!S46'!%$(43!(A*!#I3*!46!64((4$-!O*)(4'#33T!E6**!KA@(@!=FN!X@%!Q#T!A#O*! (@! (%)$!@$3T!@$*!@&! (A*! (M@! *''*$()4'!S46'6N!Z')*M!(A*!'T34$S)4'#3!6')*M6!(4-A(N!

!!!!!!

!<!

!=!

Page 32: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y7

GN=N! BA*!3*-!6%KK@)(6!!BA*! 3*-! 6%KK@)(6! 6A@%3S! V*! )*K3#'*S!MA*$! (A*! 6*#(! A*4-A(! @&! (A*!MA**3'A#4)! A#6! V**$! 6@! -)*#(3T!#S^%6(*S! (A#(! (A*T! $@! 3@$-*)! )*#'A! (A*! -)@%$S! @)! )*#'A! (A*! -)@%$S! (@@! 6@@$! 4$! (A*! %KK*)Q@6(!6(#$S4$-!K@64(4@$N!!

! `*Q@O*!(A*!)*#)!MA**36N!! `*Q@O*!(A*!&@@()*6(!E6**!6*'(4@$!GN_NFN!! .@@6*$! (A*! 'T34$S)4'#3! 6')*M6! #(! V@(A! 4$$*)! *S-*6! @&! (A*! 3*-!6%KK@)(6!%64$-!#!<!QQ!,33*$!5*T!#$S!)*Q@O*!(A*Q!(@-*(A*)!M4(A!(A*!6K#'*)!V%6A4$-!E6**!KA@(@!_FN!BA*$!K%33!(A*!3*-!6%KK@)(6!@%(!@&!(A*!&)#Q*N!! `*K3#'*!(A*!3*-!6%KK@)(6!#$S!)*#66*QV3*!4$!)*O*)6*!@)S*)N!

!!!GN_N! BA*!&@@()*6(!!BA*!A*4-A(!@&!(A*!&@@()*6(!46!$@(!@$3T!4QK@)(#$(!&@)!#!-@@S!64((4$-!K@64(4@$!V%(!*O*$!Q@)*!6@!&@)!(A*!6(#$S4$-!K@64(4@$N!1$!S*34O*)T!T@%!M433!&4$S!(A*!&@@()*6(!#(!(A*!6*'@$S!3@M*6(!K@64(4@$R!4&!$@(!@)S*)*S!6K*'4&4'#33TN!

! BA*)*! 46! #! 'A@4'*! @&! <! S4&&*)*$(! A*4-A(6! &@)! Q@%$(4$-! (A*!&@@()*6(N!! i$6')*M! (A*! &@%)!@O#3!A*#S! 6')*M6!@$!V@(A!@%(*)! *S-*6!@&! (A*!&@@()*6(! %64$-! #! D! QQ! ,33*$! 5*T! #$S! 6*(! (A*! &@@()*6(! *4(A*)!A4-A*)!%K!@)!3@M*)!S@M$!E6**!KA@(@!GFN!

!!!!!BA*)*!#)*!(A)**!K@664V3*!&@@()*6(!#$-3*!O#)4#(4@$6+!!

! Dk!(@!(A*!A@)4d@$(#3!! >Dk!(@!(A*!A@)4d@$(#3!E6(#$S#)SF!! 7Dk!(@!(A*!A@)4d@$(#3!! i$6')*M! (A*! &@%)!@O#3!A*#S! 6')*M6!@$!V@(A!@%(*)! *S-*6!@&! (A*!&@@()*6(!%64$-!#!D!QQ!,33*$!5*T!#$S!)*Q@O*!(A*!%KK*)!@$*6N!Z*(!(A*! &@@()*6(! #(! (A*! S*64)*S! #$-3*! #$S! )*(4-A(*$! (A*! 6')*M6! E6**!KA@(@![FN!

!!BA*!&@@()*6(!#$-3*!46!6*(!#6!6(#$S#)S!#(!>Dk!(@!(A*!A@)4d@$(#3N!?4(A!(A*!&@@()*6(!4$!(A*!3@M*6(!K@664V3*!6*((4$-R!#$!#$-3*!@&!Dk!46!(A*!@$3T!K)#'(4'#V3*!O#)4#(4@$!#6!(A*!&@@()*6(!@(A*)M46*!(@%'A*6!(A*!-)@%$S!V*&@)*!(A*!3*-!6%KK@)(6!EA*$'*!$@!6(#$S4$-!6(#V434(TlFN!?4(A!(A*!6*'@$S!3@M*6(!6*((4$-!(A*!@$3T!K@(*$(4#3!O#)4#(4@$6!#)*!Dk!#$S!>DkR!&@)!(A*!6#Q*!)*#6@$6N!H@)!#33!A4-A*)!&@@()*6(!6*((4$-6!(A*)*!46!#!'A@4'*!@&!#33!(A)**!#$-3*!O#)4#(4@$6N!!

!_!

G!

![!

Page 33: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

YY

GNGN! BA*!#)Q)*6(6!! `*Q@O*! (A*! V#'5)*6(! %KA@36(*)T! #$S! (A*! O*3')@! 6()#K6!(A*)*%$S*)N!!! i$6')*M! (A*! A*I#-@$#3! 6')*M! @$! *4(A*)! 64S*! @&! (A*! #)Q)*6(!A@3S*)!%64$-!#!<!QQ!,33*$!5*T!#$S!#S^%6(!(A*!#)Q)*6(!A@3S*)!@$!V@(A!64S*6!64Q%3(#$*@%63T!(@!(A*!S*64)*S!A*4-A(!E6**!KA@(@!>8FN!!! H4I!(A*!O*3')@!6()#K6!#V@O*!#$S!V*3@M!(A*!#)Q)*6(N!BA*!A*4-A(!@&!(A*!#)Q)*6(!Q#T!A#O*!(@!V*!#S^%6(*S!(@!(A*!O*3')@!6()#K6N!

!!BA*!#)Q)*6(!#$-3*!'#$!#36@!V*!#S^%6(*S! 4&! (A*!#)Q)*6(6!S@$j(!A#O*! (A*!6#Q*!#$-3*!@)! 4&! (A*T!A#$-!S@M$M#)S6!#&(*)!6@Q*!(4Q*!@&!%6*N!!

! Z')*M!(A*!(A)*#S*S!K4$!Q@)*!(@M#)S6!(A*!)*#)!@)!(A*!&)@$(!%64$-!#!!7!o!QQ!,33*$!5*T!%$(43!T@%!)*#'A!(A*!S*64)*S!#)Q)*6(!#$-3*!E6**!KA@(@!>>FN!! Z**!#36@!J$6()%'(4@$!"#$%#3!'A#K(*)!]NYNN!

!!!!!!!UE! *5B.<76!![N>N! `*K3#'4$-!(4)*L4$$*)!(%V*!@&!)*#)!MA**36!!

! `*Q@O*!(A*!MA**3!#$S!@K*$!(A*!O#3O*!V*&@)*!K)*664$-!S@M$!@$!4(!(@!3*(!@%(!(A*!#4)!E6**!KA@(@!>7FN!

!!!!!!!

! i64$-!#!V4'T'3*!(4)*!M*S-*R!*#6*!V@(A!64S*6!@&!(A*!(4)*!@O*)!(A*!! MA**3!)4Q!#$S!K%33!(A*!4$$*)!(%V*!@%(!@&!(A*!(4)*!E6**!KA@(@!>YFN!! `*K3#'*!(A*!4$$*)!(%V*!VT!&@)'4$-!@$*!64S*!@&!(A*!(4)*!V#'5!@O*)!(A*!MA**3!)4QR!K%QK!%K!(A*! (4)*!#! 34((3*R!*#6*! (A*!O#3O*! (A)@%-A!4$(@!(A*!A@3*!#$S!3#T!(A*!4$$*)!(%V*!#3@$-!4$64S*!@&!(A*!(4)*N!1$'*!(A*!MA@3*!(%V*!46!6$%-!4$64S*!(A*!(4)*R!&@)'*!(A*!@(A*)!64S*!@&!(A*!(4)*! V#'5! @O*)! (A*!MA**3! )4Q! E6(#)(4$-! @$! (A*! 64S*! @KK@64(*! (A*!O#3O*FN!! 9A*'5!3*6(!(A*!4$$*)!(%V*!V*!'#%-A(!V*(M**$!(4)*!#$S!)4Q!V*&@)*!! K%QK4$-!4(!%K!4$!34$*!M4(A!(A*!Q#$%&#'(%)*)j6!)*'@QQ*$S*S!(4)*!! K)*66%)*!E6**!B*'A$4'#3!P#(#R!6*'(4@$!>7FN!

>7!

>Y!

!>8!

!>>!

Page 34: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

YD

!>D!

!><!

[N7N! `*K#4)4$-!(A*!4$$*)!(%V*!!! `*Q@O*! 4$$*)! (%V*! #$S! (4)*! &@33@M4$-! (A*! 6(*K6! S*6')4V*S! %$S*)![N>N!! `*K#4)!(A*!A@3*!%64$-!#!V4'T'3*!K%$'(%)*!)*K#4)!54(!#$S!&@33@M!(A*!Q#$%&#'(%)*)j6! 4$6()%'(4@$6! E'3*#$! (A*! #)*#! #)@%$S! (A*! A@3*! #$S!)@%-A*$! (A*! (%V*! 6%)&#'*! E6**! KA@(@! >DF! V*&@)*! #KK3T4$-! (A*!O%3'#$4d*S!6@3%(4@$N!!! ,33@M! (@!S)TR! (A*$! &4)Q3T!#((#'A! (A*! )%VV*)!K#('A! E6**!KA@(@!><FN!,-#4$R!&4)6(!#33@M!(@!S)TR!(A*$!K%QK!%K!(A*!(%V*!(@!'A*'5!(A#(!(A*!

K#('A!46!#4)(4-A(FN!! `*K3#'*!(A*!4$$*)!(%V*N!1$'*!(A*!MA@3*!(%V*!46!6$%-!4$64S*!(A*!(4)*R!&@)'*!(A*!(4)*!V#'5!@O*)!(A*!MA**3!)4Q!E6(#)(4$-!@$!(A*!64S*!@KK@64(*!(A*!O#3O*FN!! 9A*'5! 3*6(! (A*! 4$$*)! (%V*! V*! '#%-A(! V*(M**$! (4)*! #$S! )4Q! V*&@)*!K%QK4$-! 4(! %K! 4$! 34$*!M4(A! (A*!Q#$%&#'(%)*)j6! )*'@QQ*$S*S! (4)*!K)*66%)*!E6**!B*'A$4'#3!P#(#R!6*'(4@$!>7FN!

!!

![NYN! `*K3#'4$-!(A*!#I3*!#S#K(*)!!!BA*)*! #)*! #! O#)4*(T! @&! #I3*! #S#K(*)6! #O#43#V3*! VT! %6*! @&!MA4'A! (A*!MA**3! #I3*! '#$! V*! 6*(! &%)(A*)!&@)M#)S!@)! &%)(A*)!V#'5! (@! 4$')*#6*!@)!S*')*#6*!)*6K*'(4O*3T! (A*! (*$S*$'T!@&! (A*!MA**3'A#4)! (@! (4K!@O*)R!6**!6*'(4@$!GNYNN!!

! .@@6*$! (A*! 4$64S*! E,F! #$S! (@K! E]R! @$! (A*! )4-A(! A#$S! 64S*R! V%(!V@((@Q! @$! (A*! 3*&(F! A*I#-@$#3! 6')*M6! %64$-! #! >8!QQ! 6K#$$*)R!(A*$!(4-A(*$!V@(A!(A)*#S*S!K4$6!E9F!%64$-!#!Y!QQ!,33*$!5*T!E6**!KA@(@!>=FN!! Z34S*! (A*! #I3*! #S#K(*)! @&&! (A*! (%V%3#)! &)#Q*! #$S! (A*! #I3*! 4(6*3&!#$S!)*K3#'*!4(N!! Z*(! (A*! $*M! #I3*! #S#K(*)! (@! (A*! S*64)*S! A*4-A(R! 3@@6*$! (A*! (M@!(A)*#S*S!K4$6!#$S!6')*M!(A*!(M@!A*I#-@$#3!6')*M6!(4-A(N!

![NDN! `*K3#'4$-!(A*!-#6!6K)4$-6!!BA*)*!#)*!#!O#)4*(T!@&!-#6!6K)4$-6!@&!S4&&*)*$(!6()*$-(A!#O#43#V3*!E*N-N!.;6K)4$-!p!=88!\FN!

!V.7/</CK!BA*!-#6!6K)4$-6!#)*!K)*66%)4d*S!#$S!#)*!K@(*$(4#33T!S#$-*)@%6N!,3M#T6!&4(!@)!)*Q@O*!(A*Q!MA*$!(A*T!#)*!*I(*$S*SN!\/0/`!()T!(@!&4(!@)!)*Q@O*!MA*$!(A*T!#)*!'@QK)*66*SN!

.4&(!%K!(A*!6K)4$-!'34K!E,F!#3@$-!(A*!K3#6(4'!V#33!^@4$(!E]F!#$S!34&(!(A*!^@4$(!@&&!E6**!KA@(@!>_FN!J(!46!$@(!$*'*66#)T!(@!)*Q@O*!(A*!6K)4$-!'34K!E,FN! !

>=! ,! ]!

9!9!

!>_!

,!

]!

Page 35: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y<

! P)4O*!(A*!6*#(!#KK)@IN!D!'Q!S@M$R!6@!(A#(!(A*!K3#6(4'!V#33!^@4$(6!E]F!3#T!4$!&)@$(!@&!(A*!S)4O*!6A#&(N!! i$6')*M! (A*! -#6! 6K)4$-6! (%)$4$-! (@! (A*! )4-A(! @%(! @&! (A*! )*#)!'@$$*'(4$-!)@S!E6**!KA@(@!>GFN!! "@%$(! 4$! )*O*)6*! @)S*)! Q#54$-! 6%)*! (A*! -#6! 6K)4$-! 46! &%33T!6')*M*S!A@Q*!#$S!(A#(!(A*!3@'5;$%(6!E9F!#)*!(4-A(N!

!!!!![N<N! `*K3#'4$-!(A*!#'(%#(@)!E34&(4$-!Q@(@)F!!V.7/</CK!BA*!-#6!6K)4$-6!#)*!K)*66%)4d*S!#$S!#)*!K@(*$(4#33T!S#$-*)@%6N!,3M#T6!&4(!@)!)*Q@O*!(A*!#'(%#(@)!MA*$!(A*!-#6!6K)4$-6!#)*!*I(*$S*SN!\/0/`!()T!(@!&4(!@)!)*Q@O*!(A*!#'(%#(@)!MA*$!(A*!-#6!6K)4$-6!#)*!'@QK)*66*SN!

P46'@$$*'(!(A*!#'(%#(@)!K3%-!&)@Q!(A*!V#((*)T;L!*3*'()@$4'!V@IN!

! i$6')*M!(A*!3@'5!$%(!#(!(A*!S)4O*!6A#&(!%64$-!#!>_!QQ!6K#$$*)!#$S!#!G!QQ!,33*$!5*T!;!E6**!KA@(@!>[FN!! :#O*!#!6()@$-!K*)6@$!K%33!(A*!6*#(!S@M$!6@!(A#(!(A*!-#6!6K)4$-6!#)*!634-A(3T!K)*66%)4d*S!#$S!(A*!(*$64@$!@$!(A*!'T34$S)4'#3!6')*M!46! )*Q@O*SN!`*Q@O*! $@M! (A*! 'T34$S)4'#3! 6')*M! &)@Q! (A*! S)4O*!6A#&(N!.*(! (A*!6*#(!63@M3T!V*!'#))4*S!V#'5!4$(@! (A*!&%33T!%K)4-A(!K@64(4@$N!! .@@6*$!(A*!3@'5!$%(6!#(! (A*!)*#)!'@$$*'(4$-!)@S!%64$-!#!>_!QQ!6K#$$*)!#$S!)*Q@O*!(A*!'T34$S)4'#3!6')*M6!%64$-!#!G!QQ!,33*$!5*T!E6**!KA@(@!>[FN!`*Q@O*!(A*!#'(%#(@)N!!! "@%$(!(A*!)*#)!*$S!@&!(A*!$*M!#'(%#(@)!&4)6(R!(A*$!S)4O*!(A*!6*#(!S@M$!6@!(A#(!(A*!6A#&(!@&!(A*!$*M!Q@(@)!'@$$*'(6!M4(A!(A*!S)4O*!6A#&(N!`*#66*QV3*!4$!)*O*)6*!@)S*)N!

!![N=N! `*K3#'4$-!(A*!'@$()@3!6M4('A!!

! P46'@$$*'(!(A*!V#((*)T!K3%-!&)@Q!(A*!)*#)!*$S!@&!(A*!#)Q)*6(N!! i$6')*M!(A*!34((3*!&3#(!A*#S!6')*M!@$!(A*!4$$*)!)*#)!*S-*!@&!(A*!#)Q)*6(!%64$-!#!&3#(!V3#S*!6')*MS)4O*)!E6**!KA@(@!78FN!!

!!!!!!!!!!

!>[!

!78!

!>G!

9!9!

Page 36: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y=

!! .@@6*$! (A*! A*I#-@$! (A4$! $%(! #(! (A*! &)@$(! @&! (A*! '@$()@3! 6M4('A!%64$-!#!>D!QQ!6K#$$*)!E6**!KA@(@!7>FN!`*Q@O*!(A*!(A4$!$%(!#$S!M#6A*)N!! W%33!@%(!(A*!'@$()@3!6M4('A!(@!(A*!)*#)N!! 9%(;@&&!!(A*!S*&*'(4O*!'@$()@3!6M4('A!VT!%6*!@&!#!'#V3*!'%((*)!#$S!6@3S*)!@$! (A*!$*M!'@$()@3! 6M4('AN!]*! 6%)*! (@! (#5*! 4$(@!#''@%$(!(A*!S4&&*)*$(!'#V3*!'@3@)6N!! "@%$(!4$!)*O*)6*!@)S*)N!!

!!![N_N! `*K3#'4$-!(A*!V#((*)T;L!*3*'()@$4'!V@I!!

! P46'@$$*'(! (A*! #'(%#(@)! K3%-! #$S! (A*! V#((*)T! K3%-! &)@Q! (A*!V#((*)T;L*3*'()@$4'!V@IN!! W%6A!(A*!(M@!Q%6A)@@Q!6A#K*S!V%((@$6!(@!(A*!@%(64S*!E6**!KA@(@!77FN!! `*Q@O*!(A*!V#((*)T;L!*3*'()@$4'!V@IN!! "@%$(!(A*!$*M!V#((*)T;L!*3*'()@$4'!V@I!4$!)*O*)6*!@)S*)N!

!!!!2885/8<=/K!1&!(A*!V#((*)T;L!*3*'()@$4'!V@I!@$3T!(A*!V#((*)4*6!#$S!(A*!'@O*)!'#$!V*!)*K3#'*Sl!J(!46!$@(!#SQ4664V3*!(@!@K*$!(A*!*3*'()@$4'6!@)!(@!)*Q@O*!K#)(6!(A*)*@&!E$@!M#))#$(TFl!J$!'#6*!@&!#$!*3*'()@$4'!S*&*'(!(A*!'@QK3*(*!V#((*)T;L!*3*'()@$4'!V@I!Q%6(!V*!)*K3#'*Sl!!![NGN! `*K3#'4$-!(A*!V#((*)4*6!

!! P*K)*66! (A*! &@%)! K3#6(4'! (#V6! @$! (A*! V#((*)T! '@O*)! #$S! )*Q@O*!(A*!'@O*)!&)@Q!(A*!V#((*)T!#$S!*3*'()@$4'!%$4(!E6**!KA@(@!7YFN!! ,.:8<=/K!S*K)*66!#33!&@%)!(#V6!64Q%3(#$*@%63TR!$@(!@$3T!(A*!(M@!%KK*)!@$*6N!BA*!(M@!3@M*)!@$*6!Q#T!V)*#5!@&&l!! B#5*!@%(!(A*!V#((*)4*6N!J$!6@!S@4$-R!S46'@$$*'(!(A*!K4$!'@$(#'(6N!! J$6(#33!(A*!V#((*)4*6!4$!)*O*)6*!@)S*)N!

!!!2885/8<=/K!,3M#T6!)*K3#'*!V@(A!V#((*)4*6!(@-*(A*)R!$*O*)!^%6(!@$*l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

!7>!

!77!

!7Y!

Page 37: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

Y_

MTE! )568</C!895!D9554;9.<7!!,&(*)!A#O4$-!'#))4*S!@%(!)*K#4)6!@$!#!MA**3'A#4)R!T@%!6A@%3S!#3M#T6!'A*'5!#33!&%$'(4@$6!&@)!'@))*'(!@K*)#(4@$!V*&@)*!)*(%)$4$-!(A*!MA**3'A#4)!(@!T@%)!'%6(@Q*)N!BA*!MA**3'A#4)!6A@%3S!@$3T!V*!)*(%)$*S!#&(*)!#33!S*&*'(6!A#O*!V**$!)*'(4&4*SN!!!MME! ,45./</C!!]*&@)*!T@%!)*(%)$!(A*!MA**3'A#4)!(@!T@%)!'%6(@Q*)R!Q#5*!6%)*!(A#(!(A*!MA**3'A#4)!46!'3*#$!#$S!S)T+!! `*Q@O*!S4)(!M4(A!#!S#QK!'3@(A!#$S!M4K*!S)TN!! J$!(A*!'#6*!@&!6(%VV@)$!S4)(!%6*!#!Q43S!S*(*)-*$(!#$S!M#)Q!M#(*)!&@)!'3*#$4$-N!!! \*O*)!#KK3T!&%)$4(%)*!K@346AR!6K4)4(!@)!6@3O*$(6!(@!'3*#$!(A*!MA**3'A#4)N!

Page 38: BA-SA LCEV e2 - AbleTrader.com · y,=/85/86!!! z*#(4$-!#$s!z(#$s4$-!,66*66q*$(nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnd!

YG

MOE! )5;9/<;.4!X.8.!!15.6:75A5/86!

!1=054 "-`"Z*#(!M4S(A YG D8 D7 D< DG YG D8 D7 D< DGB@(#3!M4S(A <= <G =8 =Y == <= <G =8 =Y ==B@(#3!3*$-(AB@(#3!A*4-A(!EM4(A!V#'5)*6(F]#'5!%KA@36(N!A*4-A(Z*#(!%KA@36(N!A*4-A(!&)@$(Z*#(!%KA@36(N!A*4-A(!)*#)Z*#(!%KA@36(N!S*K(AH@@()*6(!;!6*#(?*4-A(!M4(A@%(!MA**36B@(#3!M*4-A( 7< 7=

>[ 78

(-1

GD;G= [Y;>8D_G G8Y> Y>DGL<>

7[;D8 DY;<DY<;D7!L!YG;D< YG;D<!L!D>;DG

<>L<DD<LD_ D_LD[

!!,33!Q*#6%)*Q*$(6!4$!'Q!#$S!5-N!!0#)4#(4@$6!S%*!(@!Q@S*3;6K*'4&4'!#S^%6(Q*$(6!K@664V3*N!!!B4)*6+!`*#)!MA**36+! :4-A!K)*66%)*!(4)*6R!77 L7D L7= !B4)*!K)*66%)*!E)*#)F+! _N<!V#)!H)@$(!'#6(@)+! #4)3*66!(4)*6R!< L= !!,'(%#(@)!E.4&(4$-!Q@(@)F+! .4$*#)!S)4O*R!7D!0P9R!W@M*)!'#!Y888!\R!! ZK**S!Q#IN![!QQL6*'N!! W@M*)!'@$6%QK(4@$!Q#IN!<N8!,R!W)@(*'(4@$+!JW!<>!! ?4(A!3@M!O@3(#-*!#''@%6(4'!#3#)Q!!]#((*)4*6+! 7!Q#4$(*$#$'*;&)**R!)*'A#)-*#V3*!V#((*)4*6!! 7D!0R!7N_!,A!!9A#)-*)+! B)#$6&@)Q*)!7780!;!7D0!!2#6!6K)4$-6+! .9/0LZ+! D88!\!! .9/0L"+! <88!\!! .9/0L.+! =88!\!! .9/0Lg.+!_88!\!!1K*)#(4$-!(*QK*)#(%)*!)#$-*+! C<k!;!CD8k!Z(@)#-*!(*QK*)#(%)*!)#$-*+! ;D8k!;!C=8k!!93*#)#$'*+! Q#IN!=!'Q!"#IN!A*4-A(!@&!@V6(#'3*+! Q#IN!7!'Q!"#IN!K*)Q4664V3*!-)#S4*$(L!9)@66;&#33+! ! Q#IN!Yk!"#IN!M*4-A(! !!4$'3N!V@ST!a!3@#S+! Q#IN!>78!5-!!