How to trade options td waterhouse To look up a quote: Enter the symbol for the index or stock into the "Get Quote" field at the bottom of the home page. For indices, "$" should precede the symbol (e. g., $DJI). Use "+" for options ( i. e., +IBMAT) or "$" for index (i. e., $DJI) Select "Get Quote". To view an option quote, select "Option Chain Lookup" to view option contracts for the underlying index or stock entered. The "Get Quote" field is also available on other pages of the secure wireless site . To look up a stock symbol: Select "Trade" from the home page main menu Select Symbol Lookup from the Simple Option Chain screen. Enter a company name or part of a company name and select lookup to find the symbol for that company. To enter multiple quotes, use spaces or commas between stock symbols in the "Get Quotes" field. Due to changes being implemented by the Options Clearing Corporation, TD Ameritrade is implementing a new, more detailed format for identifying options contracts that will allow you to see the option, expiration, strike and type (putcall) at a glance. The new symbology is longer and more descriptive. It shows the root symbol of the option the option's expiration date the strike price and the type (put or call). To access an option chain: Select "Options Chain" from the Positions Details screen. This will lead you to the Option Chain Lookup screen.
Search by the underlying symbol, chain type, range, and expiration. Select the "Get Chain" button. To refresh a quote, select the "Refresh" button available on the Quote screen. To receive real-time quote data, you will need to log on to your secure site account. Only indices are in real-time outside of the secure site. Refer to the timestamp below the quote to see if it is real-time or not. How to trade options td waterhouse US: 800-669-3900 | International: 800-368-3668. Call a Client Services representative at 800-669-3900. First time log-in, account opened with a paper application. If you opened an account with a paper application, use your account number and PIN when you first log in. We included your account number in your Welcome Kit, and we mailed your PIN to you separately.
Once you log in, you can set up a UserID and password. You'll use these to log in going forward. It's easier to log in when you link your accounts. To link accounts, log in. Go to Client Services > My Profile > Link Accounts. Some account types may be restricted from linking. For more information, log in and go to. Client Services > Help > Managing Your Account > General Information > How do I link my accounts? Trouble logging in? Here are a couple of things you can try. Is your computer storing information (auto-complete)? If so, please delete the stored information and re-enter it yourself. Since using auto-complete may pose a security risk, you may wish to consider turning it off. Have you changed your security settingsin particular, your cookie acceptancerecently? To use this site, you must set your browser to accept cookies. You can choose to accept all cookies, or set your browser to alert you every time a cookie is offered and accept them on a case-by-case basis. To accept cookies, follow the directions for your browser.
Market volatility, volume and system availability may delay account access and trade executions. Options. Call, email 247 or visit a branch. Trade commission–free for 60 days. Options. Manage your options method with a leader in options trading. Whether you're an equity trader new to options trading or a seasoned veteran, TD Ameritrade can help you pursue options trading strategies with powerful trading platforms, idea generation resources, and the education and support you need. Advantages of Options Trading. Opportunity to speculate using the power of leverage. This allows for strong potential returns, but can also result in significant losses. Hedge your position with potential to lock in a profit in the underlying security, or to help minimize potential downside risk. Why Trade Options at TD Ameritrade. No Platform Fees or Trade Minimums Get the kind of value you deserve with TD Ameritrade. Enjoy no subscription or access fees to use our trading platforms, plus there are no trade minimums.
Explore our straightforward pricing. Opportunity-Seizing Trading Platforms Quickly take advantage of opportunities with Trade Architect, and the advanced thinkorswim ® trading platform with elite tools. Get in the Know With a TD Ameritrade account you'll have access to social and support tools, like interactive chat with other traders, live audio feeds from futures pits, and live, in-platform Swim Lessons. A Powerful Options Trading Duet: Technology and Idea Generation. With TD Ameritrade, you gain access to the sophisticated thinkorswim platform and a variety of research tools to help you generate options trading ideas and sharpen your strategies. Use the Platform from the Broker Named Among the "Best for Options Traders" by Barron's in their 2017 Online Broker Ranking. Execute a wide range of options trading strategies with speed and ease Quickly enter complex options trades Train yourself without risking funds with paperMoney ® View implied volatility of an option chain with at-a-glance volatility graphs. Idea-Generating Research Tools. Professional-level Tools. Premium trend tracking and data-mining tools empower you to identify trading opportunities. Screen for stocks meeting your criteria using fundamental, technical, and option-related data. Feature-rich charting packages give you ammunition for new ideas.
Get a bird's-eye view of every major currency market all on one platform. Learn about options strategies and access customizable components for streaming, charting and more. Advanced Mobile Trading. Access the most advanced trading features from anywhere on your mobile device. Check the background of TD Ameritrade on FINRA's BrokerCheck. Trade commission-free for 60 days plus get up to $600* Offer Details. #1 for Long-Term Investing. Third-party research and tools are obtained from companies not affiliated with TD Ameritrade, and are provided for informational purposes only. While the information is deemed reliable, TD Ameritrade does not guarantee its accuracy, completeness, or suitability for any purpose, and makes no warranties with respect to the results to be obtained from its use. Market volatility, volume and system availability may delay account access and trade executions. Options involve risks and are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading privileges subject to TD Ameritrade review and approval.
Please read Characteristics and Risks of Standardized Options before investing in options. Spreads, Straddles, and other multiple-leg option strategies can entail substantial transaction costs, including multiple commissions, which may impact any potential return. These are advanced option strategies and often involve greater risk, and more complex risk, than basic options trades. Access to real-time market data is conditioned on acceptance of the exchange agreements. Professional access differs and subscription fees may apply. See our commission and brokerage fees for details. *TD Ameritrade does not charge platform, maintenance, or inactivity fees. Commissions, service fees, and exception fees still apply. Please review our commission schedule and rates and fees schedule for details. Past performance of a security or method does not guarantee future results or success.
TD Ameritrade, Inc., member FINRA SIPC. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2017 TD Ameritrade. Discover how to trade options in a speculative market. Learn the basics and explore potential new opportunities on how to trade options. The options market provides a wide array of choices for the trader. Like many derivatives, options also give you plenty of leverage, allowing you to speculate with less capital. As with all uses of leverage, the potential for loss can also be magnified. Explore the information and resources below to learn how to trade options.
If you have questions along the way, contact a specialist for help. Understanding the Basics. A long option is a contract that gives the buyer the right to buy or sell the underlying security or commodity at a specific date and price. There is no obligation to buy or sell in the contract, but simply the right to &ldquoexercise&rdquo the contract, if the buyer decides to do so. An option that gives you the right to buy is called a &ldquocall,&rdquo whereas a contract that gives you the right to sell is called a "put." Conversely, a short option is a contract that obligates the seller to either buy or sell the underlying security at a specific price, through a specific date. When the buyer of a long option exercises the contract, the seller of a short option is "assigned", and is obligated to act. To make this clearer, let&rsquos use a real world analogy&hellip Let&rsquos say you&rsquore shopping for an antique grandfather clock and find the perfect one at the right price: $3,000. But you won&rsquot have the cash for another three months. You talk to the owner and he agrees to sell it at that price in three months with a specific expiration date, but you have to pay $100 for him to agree to the contract. After three months, you have the money and buy the clock at that price. But maybe it&rsquos discovered that the clock was owned by Theodore Roosevelt, which makes it worth $10,000.
You have the right to exercise your option and buy it for $3,000, netting you a profit of $6,900 (minus transaction costs). On the other hand, let&rsquos say it&rsquos discovered that&rsquos it&rsquos not an antique at all, but a knock-off worth only $500. You&rsquore under no obligation to exercise your option and buy it at $3,000, so you can opt not to buy it at all and simply let the contract expire. Although you&rsquore still out the $100, at least you&rsquore not stuck with a clock worth a fraction of what you paid for it. From the option seller's perspective, in the first scenario he gets the $100, but is later forced to sell the clock at less than true market value. In the second scenario, he keeps the clock, and the $100 you paid in premium. If you understand this concept as it applies to securities and commodities, you can see how advantageous it might be to trade options. For a relatively small amount of capital, you can enter into options contracts that give you the right to buy or sell investments at a set price at a future date, no matter what the price of the underlying security is today. Some things to consider before trading options: Leverage : Control a large investment with a relatively small amount of money. This allows for strong potential returns, but you should be aware that it can also result in significant losses. Flexibility: Options allow you to speculate in the market in a variety of ways, and use a number of creative strategies. There are a wide variety of option contracts available to trade for many underlying securities, such as stocks, indexes, and even futures contracts. Hedging: If you have an existing position in a commodity or stock, you can use option contracts to lock in unrealized gains or minimize a loss with less initial capital. Setting Up an Account.
You can trade and invest in options at TD Ameritrade with several account types. You will also need to apply for, and be approved for, margin and option privileges in your account. Choosing a Trading Platform. With a TD Ameritrade account, you&rsquoll have access to options trading on our web platform, as well as on our two more comprehensive platforms: Trade Architect, and thinkorswim. Trade Architect is ideal for those traders first starting with options. It features fundamental tools, such as P&L charts, option method chain filters, and other tools that can give you ideas and the ability to test your method. The thinkorswim platform is for more advanced options traders. It features elite tools and lets you monitor the options market, plan your method, and implement it in one convenient, easy-to-use, integrated place. Also, if you plan on participating in complex options trades that feature three or four &ldquolegs,&rdquo or sides of a trade, thinkorswim may be right for you. In addition, TD Ameritrade has mobile trading technology, allowing you to not only monitor and manage your options, but trade contracts right from your smartphone, mobile device, or iPad. Developing a Trading method. Like any type of trading, it&rsquos important to develop and stick to a method that works. Traders tend to build a method based on either technical or fundamental analysis.
Technical analysis is focused on statistics generated by market activity, such as past prices, volume, and many other variables. Charting and other similar technologies are used. Fundamental analysis focuses on measuring an investment&rsquos value based on economic, financial, and Federal Reserve data. Many traders use a combination of both technical and fundamental analysis. Whether you use technical or fundamental analysis, or a hybrid of both, there are three core variables that drive options pricing to keep in mind as you develop a method: Price of the underlying security or commodity. Time to expiration. Implied volatility based on market influences and future outlook. With both Trade Architect and thinkorswim, you&rsquoll have tools to help you analyze these variables and more. You&rsquoll also find plenty of third-party fundamental research and commentary, as well as many idea generation tools. You can even &ldquopaper trade&rdquo and practice your method without risking capital.
In addition, you can explore a variety of tools to help you formulate an options trading method that works for you. You can also contact a TD Ameritrade Options Specialist anytime via chat, by phone 866-839-1100 or by email 247. Building Your Skills. Whether you&rsquore new to investing, or an experienced trader exploring options, the skills you need to profit from options trading should be continually developed. You&rsquoll find Trade Architect, is a great way to start. For veteran traders, thinkorswim, has a nearly endless amount of features and capabilities that will help build your knowledge and options trading skills. What Your Financial Services Firm Should Be. See what sets us apart from the rest with our top 6 reasons to choose TD Ameritrade . Compare TD Ameritrade to other leading financial services firms. Best for Long-Term Investing. For five years in a row, we ranked #1 for Long-Term Investing in Barron's 2017 Online Broker Survey. Check the background of TD Ameritrade on FINRA's BrokerCheck. Trade commission-free for 60 days plus get up to $600* Offer Details. #1 for Long-Term Investing.
Market volatility, volume and system availability may delay account access and trade executions. Educational resources are provided for general information purposes only and should not be considered an individualized recommendation or advice. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options. Past performance of a security or method does not guarantee future results or success. TD Ameritrade, Inc., member FINRA SIPC. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2017 TD Ameritrade. Your guide to options trading.
Long Options are contracts that give you the right but not the obligation to buy or sell a security, such as stocks, for a fixed price within a specific period of time . Learn about options. Leverage. For call holders, you can benefit from an increase in the market value of the underlying security over the lifetime of the option at a cost which is far less than the cost of buying the stock outright . If the price of the underlying security falls instead of rises, a call holder's maximum loss will be limited to the premium he or she paid for the option, plus any transaction or commission costs. To fix a future price. For call holders, options allow you to fix the future price (at the strike price of the option) of the underlying interest if you decide to take delivery of the underlying security. However, should the long call option expire out of the money, the premium paid would be lost, as it would not be economical to exercise the option. For put writers, locking-in a cost that is below market value can give you the opportunity to acquire the underlying interest at a fixed cost if the option is assigned otherwise the premium collected by writing the put options will be your profit. The maximum risk for a short put is that the stock drops to 0 value, in which case you would take a loss equal to the strike price less the premium collected per the # of shares exposure. Insurance against market drops. An investor who expects short term declines in a specific interest or market can buy a put option on the underlying and should the underlying drop in price, potentially sell the put at a profit or exercise it and sell the underlying (if sufficient margin is available) at the put’s strike price. The risk of the long put is limited to the premium paid. Writers of puts and calls benefit from income received as a premium, which becomes pure profit if the option is never assigned.
Naked call and put writing are extremely risky strategies and should be used only by sophisticated investors with clear understanding of potentially unlimited losses and limited rewards. Strategies to help you invest better. For Margin Requirements related to the Investment Strategies described below, please go to the Margin Requirements page. The most popular bullish method Holder of a Long Call has the right to take delivery of the underlying security at the exercise price within a set period of time prior to expiration Used when the investor anticipates that the underlying security will increase in price Risk to this method is limited to the price paid for the contract. Just as Long Calls are the most popular bullish method, Long Puts are the most popular bearish option method. For a long put holder to profit, the market price of the underlying interest must decline sufficiently to recoup the put premium and commission. A long put is used to profit from a decline in the market price of the underlying or to hedge a long position in an underlying interest. The risk to this method is limited to the price paid for the contract. Potential profit is limited to the premium received when writing the call. If being assigned the Naked Call writer will have to buy the underlying at the higher market price and deliver it for the lower strike price.
Risk is unlimited as the market price can potentially rise indefinitely above the strike. Potential profit is limited to the premium received when writing the put. Risk is limited to the strike price minus the premium received. Expand Covered Call Write. Income method Covered Call writer buys the underlying stock and writes calls against the holding The maximum risk occurs if the market price of the underlying falls to zero Covered call writer gives up the potential gain above the strike price. Expand Bear Call Spread. Long higher strike call and short lower strike call at same expiration The bigger the difference between the strikes, the bigger the potential profit and greater the risk Your maximum loss and profit are limited. Expand Bear Put Spread. Long higher strike put and short lower strike put at same expiration. The bigger the difference between the strikes, the bigger the potential profit. And also the bigger the cost.
Your maximum loss and profit are limited. Expand Bull Call Spread. Long lower strike call and short higher strike call at same expiration. The bigger the difference between the strikes, the bigger the potential profit, but also the bigger the cost. Your maximum loss and profit are limited. Expand Bull Put Spread. Long lower strike put and short higher strike put at same expiration The bigger the difference between the strikes, the bigger the potential profit and the greater the risk Your maximum loss and profit are limited. Expand Long CombinationStraddle. Long call and long put at same strike (straddle) or different strikes (combination) at same expiration You can profit if the underlying interest moves significantly in either direction Loss limited to the cost of the straddle or combination. Expand Short CombinationStraddle.
Short call and short put at same strike (straddle) or different strikes (combination) at same expiration Unlimited risk Profit potential limited to the premium collected for writing the straddle or combination. Characteristics and risks of options. Option trading can carry substantial risk of loss. Risk of losing your entire investment in a short period of time for long options Writers of Naked Calls are faced with unlimited losses if the underlying stock rises Writers of Naked Puts are faced with losses limited to strike – premium collected if the underlying stock drops to 0 Writers of naked positions are faced with margin risks if the position moves against the intended direction No privileges of ownership Standardized units of trading and expiration cycles. Because of their flexibility, options can provide investors with a chance to realize almost any strategic goal, from managing risk to enhancing leverage. Option trading can also carry a substantial risk of loss. Before investing in options, it's important to understand the strategies you can use to limit this risk. Holders should also realize that options pay no interest or dividends, have no voting rights, and no privileges of ownership. They are available from TD Direct Investing on a wide variety of investment vehicles, including stocks, and market indices. While many factors have contributed to the success of exchange-traded options in North America, standardization of key option features (including exercise prices, trading cycles, and expiration dates) is one of the most important as it has contributed to the viability of a secondary options market. For equity options, a 100 share (board lot) contract size generally applies to all markets except in the event of a stock split or corporate reorganization (in which case the contracts are altered to adjust for the split). For index options, which are cash-settled, the contract size is determined by multiplying the premium by an index multiplier, which is usually $100. As for standard expirations, it's important to understand that each option class (which are options listed on the same underlying interest) has several different option series, which are identified as calls or puts by their symbol, expiration date, and strike price. Expand Advantages & disadvantages of various option investment alternatives.
European vs. American Style. The basic differences between equity and non-equity options are that some non-equity options are cash settled, while all equity options allow physical delivery settlement of the underlying shares. Similarly, some non-equity options have a European exercise style, which means they can only be exercised on their expiration date. Most equity options, on the other hand, are American style, which means they can be exercised on any trading day prior to their expiration date. Finally, the minimum margin requirements for equity and non-equity options are generally different. Index Options are the most popular non-equity options, as they allow investors a very broad market exposure. Despite that, investors should be aware of certain index option characteristics. First, the component stocks of an underlying index are an important strategic consideration. For investors looking to participate in the overall market, you should choose an index with well-balanced underlying equities, not one heavily weighted in only one or two industries. Second, investors who are looking for a hedging method should find an index that has equities closely resembling their portfolio holdings. Although TD Direct Investing can facilitate options trading in Canadian and U. S. stocks and most market indices, we do not arrange option trading on futures contracts.
Expand Measuring option value & risk. Risk of Loss Special Risks of Index Options Factors Influencing Option Prices Strategies for Reducing Risk. Many investors steer clear of options trading because they are unfamiliar with the mechanics involved or are concerned about risk. Indeed, a high degree of risk may be involved in the purchase and sale of options, depending on how and why options are used. It is for this reason that you should understand the different options trading strategies available, as well as the different types of risk you may be exposed to. Options have only a limited life. Because of that, option holders run the risk of losing their entire investment in a relatively short period of time. For option writers, the risks are even greater. Many people who write calls are uncovered, which means they don't own the underlying interest. Call writers can incur large losses if the price of the underlying interest rises above the exercise price, forcing them to buy the interest at a high market price but sell it for much lower. Similarly, uncovered put writers who don't protect themselves by selling a short position in the underlying interest may suffer a loss if the price of the underlying interest falls below the option's exercise price.
In such a situation, the put writer will have to buy the underlying interest at a price above current market value, thereby incurring a loss. When trading in U. S. options, the transaction is carried out in U. S. dollars which would expose you to risks from fluctuations in the foreign exchange market. Furthermore, transactions that involve holding and writing multiple options in combination, or holding and writing options in combination with buying or selling short on the underlying interests present additional risks. Expand Special risks of index options. Timing Risks Imperfect Hedge If Trading is Interrupted. In addition to the risks just described which apply generally to the holding and writing of options, there are additional risks unique to trading in index options. Investors with spread positions and certain other multiple option strategies are also exposed to a timing risk with index options. That's because there is generally a one-day time lag between the time that a holder exercises the option and a writer gets notice of an exercise assignment. Index option writers are required to pay cash based on the closing index value on the exercise date, not on the assignment date. Admittedly, this risk is somewhat alleviated by the use of European-style options. As discussed earlier, investors intending to use index options to hedge against the market risk associated with investing in one or more individual stocks should recognize that this results in a very imperfect hedge. Unless the underlying index closely matches an investor's portfolio, it may not serve to protect against market declines at all. Finally, if trading is interrupted in stocks that account for a substantial portion of the value of an index, the trading of options on that index could be halted. If this happens, index option investors may be unable to close out their positions and could face substantial losses if the underlying index moves adversely before trading resumes.
Expand Factors influencing option prices. Intrinsic Value Time Value Volatility. By making yourself familiar with the factors influencing option prices, you will be able to make informed decisions about which option investment strategies will work for you. The relationship between the market price of the underlying interest and the exercise price of the option is a major determinant of the option price. For example, assume ABCD shares were trading at $30, ABCD Apr. 25 calls would have an Intrinsic Value of $5 per share (which is equal to their in-the-money amount). Conversely, if ABCD stock was trading at $20, ABCD Apr. 25 puts would have an intrinsic value of $5 per share. All else being equal, options that have an intrinsic value are clearly worth more than options that are at-the-money or out-of-the-money. An option's Time Value is equal to its current premium minus the in-the-money amount.
As an example, let's assume ABCD stock was trading at $30 and you buy one ABCD Apr. 25 call for $6. As we just saw, your call would have an intrinsic value of $5, and its time value would be $1 (premium - intrinsic value). Time value relates solely to the call holder's belief that the market price of the underlying interest will rise, or to the put holder's belief that the market price of the underlying interest will decline, before the option expires. Normally, option holders will pay a higher time value when the expiration date is a long time away. However, as the expiration date approaches the time value is constantly being eroded and eventually declines to zero on the expiration date. The Volatility of the underlying interest's market price also affects the price of the option. Options on an underlying interest whose market price fluctuates widely over the short term command higher premiums to compensate for the volatility. Options on less volatile underlying interests will command lower premiums because of lower volatility. Toronto Dominion Bank (The) (TD) Option Chain. Stock Details. COMPANY NEWS.
FUNDAMENTALS. Edit Symbol List. Enter up to 25 symbols separated by commas or spaces in the text box below. These symbols will be available during your session for use on applicable pages. Don't know the stock symbol? Use the Symbol Lookup tool. Alphabetize the sort order of my symbols. Investing just got easier… Sign up now to become a NASDAQ. com member and begin receiving instant notifications when key events occur that affect the stocks you follow. Call and put options are quoted in a table called a chain sheet. The chain sheet shows the price, volume and open interest for each option strike price and expiration month. Enter up to 25 symbols separated by commas or spaces in the text box below. These symbols will be available during your session for use on applicable pages.
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7 TV Guide App (Android) 0 ideas Yahoo! 7 TV Guide App (iOS) 1,233 ideas Yahoo! 7 TV Plus7 App (iOS) 0 ideas Yahoo! Concept Test Feedback Center 174 ideas Yahoo! Contributor Network 1 idea Yahoo! Transliteration 29 ideas Yahoo! TV 19 ideas YAHOO!7 Finance 548 ideas Yahoo!7 Games 9 ideas Yahoo!7 Safely 19 ideas Yahoo7 Finance Mobile DF iOS 12 ideas Yahoo7 Finance Mobile iOS 216 ideas Yahoo7 Homepage 2,533 ideas Yahoo奇摩Local 344 ideas Yahoo奇摩旅遊使用意見分享 34 ideas Yahoo奇摩遊戲使用意見分享 40 ideas Yahoo奇摩電影使用意見分享 49 ideas Ελλάδα Celebrity 6 ideas Ελλάδα Homepage 0 ideas Καιρός Y! (iOS) 55 ideas Ομάδες Yahoo 0 ideas - 6 ideas فنتازي كرة القدم 3 ideas 足球經理人 153 ideas 足球經理人 21 ideas 雅虎天气手机版 2,429 ideas 雅虎香港 Homepage 10 ideas 雅虎香港Local 19 ideas 雅虎香港Safely 144 ideas 雅虎香港STYLE 51 ideas 雅虎香港地圖 0 ideas 雅虎香港天氣報告 33 ideas 雅虎香港娛樂圈 0 ideas 雅虎香港字典 197 ideas 雅虎香港搜尋 建議討論區 0 ideas 雅虎香港搜尋KG 建議討論區 0 ideas 雅虎香港新聞 348 ideas 雅虎香港旅遊 1 idea 雅虎香港知識+ 0 ideas 雅虎香港財經 (iOS) 347 ideas 雅虎香港財經 Android 2 ideas 雅虎香港電影 1 idea 雅虎香港首頁 84 ideas 雅虎香港體育 30 ideas. Your password has been reset. We have made changes to increase our security and have reset your password. We've just sent you an email to . Click the link to create a password, then come back here and sign in. TD Waterhouse Discount Brokerage.
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