A $0.65 per contract fee applies for options trades, with no minimum balances on most account types (excluding some promotional offers), no platform fees, and no trade minimums Not sure? The difference between these numbers (-$5514.81) is the amount the client is borrowing on margin. A better alternative could be a negotiated line of credit (LOC) with your local bank. This definition encompasses any security, including options. Maintenance requirements for Coupon and Zero-Coupon Bonds are as follows: Fixed-income investments are subject to various risks including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Prior to a name change in September 2021, Charles Schwab Futures and Forex LLC was known as TD Ameritrade Futures & Forex LLC. For details, see ourcommissions and rates. Market volatility, volume and system availability may delay account access and trade executions. In this case, the client would need to liquidate $5000 worth of a stock with a 40% margin requirement in order to meet their $2000 deficiency. Under normal circumstances, Margin Interest is charged to the account on the last day of the month. privacy policy and terms of use, and the third-party is solely Client buys 5 of the October 65/60 put spread in XYZ security for $1.75. The Pattern Day Trading (PTD) Rule applies at TD Ameritrade. This is commonly referred to as the Regulation T (Reg T) requirement. If you To apply for margin trading, log in to your account at www.tdameritrade.com, go to Client Services > My Profile and select General. Waiver of NASDAQ Level II and Streaming News subscription fees applies to non-professional clients only. Effective January 1, 2023. and a brokerage firm extends credit to you on the balance. Futures, futures options, and forex trading services provided by Charles Schwab Futures & Forex LLC. slide 1 of 3 Apply online It's easy to open a cash, margin, RSP, or TFSA account. Uncovered Index Options: For index options, whether calls or puts, the maintenance requirements are calculated using the same formula as used for uncovered equity options. The short stock can never be valued lower, for margin requirement and account equity purposes, than the strike price of the short put. Margin is not available in all account types. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. Please see our website or contact TD Ameritrade at 800-669-3900 for copies. In this case the client could purchase $54,333.33 of ABC Corp. This amount must meet or exceed a minimum amount equal to 10% of the current index value times the index multiplier, plus the options market value. Pattern Day Traders have to maintain a minimum account balance of $25,000 in their margin accounts. Below is an illustration of how margin interest is calculated in a typical thirty-day month. The account can continue to Day Trade freely. Exchanges and self-regulatory organizations, such as FINRA, have their own margin trading rules, and brokerages can establish their own margin requirements, as long as they are at least as restrictive as Reg T, according to the U.S. Securities and Exchange Commission (SEC). Interest rates paid on balances in the IDA and TD Ameritrade Cash are based on tiers. *The deposit of marginable securities does not give dollar-for-dollar relief. Trading privileges subject to review and approval. TD Ameritrade offers investors a variety of account types to choose from, including cash accounts, margin accounts, and Individual Retirement Accounts (IRAs). Interest is accrued daily based on the interest rate tier applicable to each days balance and is credited monthly on the last business day. brokers prefer you to use your margin account, not only do they charge you interest on the margin loan but they get to lend the shares held in your account (stock o borrow-stock loan). Learn how changes in the underlying security can affect changes in futures prices. If account value falls below $1 million during any monthly sweep period , thereafter, TD Ameritrade in its sole discretion, may stop paying the Plus IDA rate. Remember that the interest rate is quoted on an annual basis, but margin is charged on a daily basis. *Please note: The base rate may be changed without prior notice. No, TD Ameritrade segregates cash from a short sale and does not apply it to the margin balance. To apply for margin trading, log in to your account at www.tdameritrade.com, go to Client Services > My Profile and select General. When a margin call is issued, you will receive a notification via the Secure Message Center in the affected account. Cash in the IDA is held at one or more Program Bank. Debit Balance Margin Interest Rates above $499,999 call 800-655-4777 $250,000 - $499,999 11.75% $100,000 - $249,999 12.00% . The list below shows current TD Ameritrade margin rates by debit balance. We suggest you consult with a tax-planning professional with regard to your personal circumstances. Baked into the free. You can review the base rate and the balance schedule on the Rates & Fees page. Prior to a name change in September 2021, Charles Schwab Futures and Forex LLC was known as TDAmeritrade Futures & Forex LLC. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal
Detailed trading hours, including pre and post market in US time zones. Understand that legally TDA won't allow you to trade on Margin until your account has at least 2,000$ and even then you have to apply for it. You may have to wait for recent trades or newly deposited funds to settle before you withdraw funds. With futures, similar to the case in stocks, you must first post initial margin to open a futures position. Questions about the thinkorswim Mobile and TD Ameritrade Mobile apps. When used with caution and discipline, leverage can be a valuable tool in a traders arsenal, but the warning bears repeating: Margin is a double-edged sword. A prospectus, obtained by calling 800-669-3900, contains this and other important information about an investment company. For example, TD Ameritrade charges an effective interest rate of 9.5% on debit balances under $10,000 and 7.5% on debit balances over $250,000. When setting the base rate, TD Ameritrade considers indicators including, but not limited to, commercially recognized interest rates, industry conditions relating to the extension of credit, the availability of liquidity in the marketplace, the competitive marketplace and general . In our calculator, simply input the amount of money you will borrow from your broker, the annual margin rate you will pay, and the number of days you plan to hold the position. Professional access differs and subscription fees may apply. If you choose "margin"and if the firm approves, based on your account applicationyou have pre-arranged borrowing privileges. You also need to have approval for writing uncovered options (tier 3 approval). These rates are based on the current prime rate plus an additional amount . Writing a Cash Secured Put: The put-writer must maintain a cash balance equal to the total exercise value of the contracts. TD Ameritrade is not responsible for the products, services and policies of any third party. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Margin tells traders how much capital may be needed to enter a position, and how much is needed to keep it open. Any changes will be posted on the Rates & Fees page when changes are affected within 30 days after the effective change. Past performance of a security or strategy is no guarantee of future results or investing success. Want Diversification? This just means you spent more money buying the shares than you actually put into your account, and you owe TD Ameritrade ~$100 out of whatever you sell your shares for. Interest is calculated daily, so carrying a small debit balance for a couple of . Margin is not available in all account types. Access to real-time market data is conditioned on acceptance of the exchange agreements. Client has the following buying power available: Client wishes to purchase the maximum amount of ABC Corp. ABC Corp has a 30% margin requirement. However, SMA can only appreciate when accounts equity percentage is 50% or greater. Margin is the amount of money you borrow when you sell equity. Carefully consider the investment objectives, risks, charges and expenses before investing. Please call 800-669-3900. I have multiple margin calls in my account, can I just liquidate enough to meet the first margin call? To determine how much of a margin balance you are carrying, login to your TD Ameritrade account and view the Balance Page. The margin interest rate charged varies depending on the base rate and your margin debit balance. 2022 Charles Schwab & Co., Inc. All rights reserved. FINRA requires a minimum deposit with a brokerage of $2,000, or 100% of the purchase price, whichever is less. ACM MEDIA LLC publishes content for educational purposes only, does not offer
Options involve risk and are not suitable for all investors. Although interest is calculated daily, the total will post to your account at the end of the month. Orders placed by other means will have additional transaction costs. In this scenario, ABC stock is 72% of the total holdings of the client. Through margin, you put up less than the full cost of a trade, potentially enabling you to take larger trades than you could with the actual funds in your account. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Instead of limiting yourself to 100 shares of one stock, you can buy different stocks or ETFs, trade options (if approved), and access a line of credit. How do I calculate how much I am borrowing? If your account is margin enabled, you can see your base lending rate on the displayed page by selecting "View margin rate" under "Margin.". In many cases, securities in your account can act as collateral for the margin loan. Characteristics and Risks of Standardized Options, Trading Forex: What Investors Need to Know. A $0.65 per contract fee applies for options trades. Portfolio Margin rules, methodology, and more. Please read the Risk Disclosure Statement prior to trading futures products. Supporting documentation for any claims, comparison, statistics, or other technical data will be supplied upon request. All rights are reserved. 2 2 TD Ameritrade Financial services Financial sector Business Business, Economics, and Finance 2 comments New aeiouicup 10 mo. Margin is not available in all account types. opinions. Trading privileges subject to review and approval. Questions about the Analyze tab and its interfaces. Watch the videos below to preview the course, or if you're already a client, go ahead and enroll in the full course. In volatile markets, the SEC explained that investors who put up an initial margin payment for a stock may, from time to time, be required to provide additional cash if the price of the stock falls. Some investors have been shocked to learn their brokerage has the right to sell their securities bought on marginwithout any notification and potentially at a substantial loss to the investor, according to the SEC. *The following is an illustration. (A TDAmeritrade account thats approved for margin trading must have at least $2,000 in cash equity or eligible securities and a minimum of 30% of its total value as equity at all times.). Please read the NFA bookletTrading Forex: What Investors Need to Knowprior to trading forex products. The SMA account increases as the value of the securities in the account appreciate, but does not decrease when the value of those securities depreciates. January 2022, the CME Group WTI crude oil futures required a maintenance margin of $5,850 or roughly 7% of the total contract value. The Federal Reserve Board (FRB) sets margin requirements for various marginable securities. Skip to content Similar to mortgages and other traditional loans, margin trading typically requires an application and posting collateral with your broker, and you must pay margin interest on money borrowed. Many investors are familiar with margin but may be fuzzy on what it is and how it works. To take advantage of margin at TD Ameritrade, there are some margin account requirements to keep in mind. Futures and futures options trading involves substantial risk and is not suitable for all investors. Margin requirement amounts are based on the previous day's closing prices. Market volatility, volume and system availability may delay account access and trade executions. Many investors are familiar with margin or margin trading but may be fuzzy on exactly what it is and how it works. Characteristics and Risks of Standardized Options, Trading Forex: What Investors Need to Know, Premium Collected from Selling an Option (Opening or Closing), Appreciation of Marginable Securities when Reg-T excess is available, Available Funds for Trading (Option BP on thinkorswim), Long stock position valued at $4.01 per share or more, 30% of the current market value of the stock, Long stock position value between $2 and $4 per share, Long stock position valued at $1.99 or less per share, 100% of the current market value of the stock, Short stock position valued at $16.67 per share or more, Short stock position valued between $5.01* and $16.67 per share, Short stock position valued between $2.50 and $5 per share, Short stock position valued at less than $2.50 per share, Percentage of Stock Value: 20% x [$81.25 x (5 x 100)], Out-of-the-Money Amount: ($81 - $81.25) x 500, Percentage of Strike Value: 10% x [$81.25 x (5 x 100)], Out-of-the-Money Amount: ($70 - $81.25) x 500, Percentage of the Excercise Value: 10% x [$81 x (5 x 100)], Premium Received for 60 puts: $0.25 x (5 x 100), Strike Multiplied by # Contracts sold: $70 x (5 x 100), Strike Multiplied by # Contratcs bought: $65 x (5 x 100), Premium Paid for 65 Calls: $2.25 x (5 x 100), Percentage of Stock Value: 20% x [$65.25 x (5 x 100)], Out-of-the-Money Amount: ($65 - $65.25) x 500, Current Value of the Non-Holding Side (puts), Percentage of Index Value: 20% x [$201.55 x (5 x 100)], Out-of-the-Money Amount: ($201.55 - $205) x 500, Minimum Percentage of Index Value: 10% x [$201.5 x (5 x 100)], Accounts managed by TD Ameritrade Investment Management, May not short stock or sell uncovered options. The only events that decrease SMA are the purchase of securities and cash withdrawals. The IDA rate applicable to your account will appear on your Positions page under Cash and Cash Alternatives. The third-party site is governed by its posted The SEC spells out a pretty clear message. On margin account with over $25,000 balance you are allowed unlimited number of day trades. Agree to the terms. It is important because it determines when a trade will be exercised. TD Ameritrade does not provide tax advice. GAAP . Generally, a client pledges the securities in their account as collateral for a loan that they may then use to purchase additional securities. If the option is assigned, the writer of the put option purchases the security with the cash that has been held to cover the put. To avoid an account restriction, pattern day-trader accounts that fall below the $25,000 minimum equity requirement should not day trade. The formula is: Interest Rate x Margin Debit / 360 = Daily Interest Charge.
margin balance interest td ameritrade
A $0.65 per contract fee applies for options trades, with no minimum balances on most account types (excluding some promotional offers), no platform fees, and no trade minimums Not sure? The difference between these numbers (-$5514.81) is the amount the client is borrowing on margin. A better alternative could be a negotiated line of credit (LOC) with your local bank. This definition encompasses any security, including options. Maintenance requirements for Coupon and Zero-Coupon Bonds are as follows: Fixed-income investments are subject to various risks including changes in interest rates, credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications and other factors. Prior to a name change in September 2021, Charles Schwab Futures and Forex LLC was known as TD Ameritrade Futures & Forex LLC. For details, see ourcommissions and rates. Market volatility, volume and system availability may delay account access and trade executions. In this case, the client would need to liquidate $5000 worth of a stock with a 40% margin requirement in order to meet their $2000 deficiency. Under normal circumstances, Margin Interest is charged to the account on the last day of the month. privacy policy and terms of use, and the third-party is solely Client buys 5 of the October 65/60 put spread in XYZ security for $1.75. The Pattern Day Trading (PTD) Rule applies at TD Ameritrade. This is commonly referred to as the Regulation T (Reg T) requirement. If you To apply for margin trading, log in to your account at www.tdameritrade.com, go to Client Services > My Profile and select General. Waiver of NASDAQ Level II and Streaming News subscription fees applies to non-professional clients only. Effective January 1, 2023. and a brokerage firm extends credit to you on the balance. Futures, futures options, and forex trading services provided by Charles Schwab Futures & Forex LLC. slide 1 of 3 Apply online It's easy to open a cash, margin, RSP, or TFSA account. Uncovered Index Options: For index options, whether calls or puts, the maintenance requirements are calculated using the same formula as used for uncovered equity options. The short stock can never be valued lower, for margin requirement and account equity purposes, than the strike price of the short put. Margin is not available in all account types. Please consult other sources of information and consider your individual financial position and goals before making an independent investment decision. Please see our website or contact TD Ameritrade at 800-669-3900 for copies. In this case the client could purchase $54,333.33 of ABC Corp. This amount must meet or exceed a minimum amount equal to 10% of the current index value times the index multiplier, plus the options market value. Pattern Day Traders have to maintain a minimum account balance of $25,000 in their margin accounts. Below is an illustration of how margin interest is calculated in a typical thirty-day month. The account can continue to Day Trade freely. Exchanges and self-regulatory organizations, such as FINRA, have their own margin trading rules, and brokerages can establish their own margin requirements, as long as they are at least as restrictive as Reg T, according to the U.S. Securities and Exchange Commission (SEC). Interest rates paid on balances in the IDA and TD Ameritrade Cash are based on tiers. *The deposit of marginable securities does not give dollar-for-dollar relief. Trading privileges subject to review and approval. TD Ameritrade offers investors a variety of account types to choose from, including cash accounts, margin accounts, and Individual Retirement Accounts (IRAs). Interest is accrued daily based on the interest rate tier applicable to each days balance and is credited monthly on the last business day. brokers prefer you to use your margin account, not only do they charge you interest on the margin loan but they get to lend the shares held in your account (stock o borrow-stock loan). Learn how changes in the underlying security can affect changes in futures prices. If account value falls below $1 million during any monthly sweep period , thereafter, TD Ameritrade in its sole discretion, may stop paying the Plus IDA rate. Remember that the interest rate is quoted on an annual basis, but margin is charged on a daily basis. *Please note: The base rate may be changed without prior notice. No, TD Ameritrade segregates cash from a short sale and does not apply it to the margin balance. To apply for margin trading, log in to your account at www.tdameritrade.com, go to Client Services > My Profile and select General. When a margin call is issued, you will receive a notification via the Secure Message Center in the affected account. Cash in the IDA is held at one or more Program Bank. Debit Balance Margin Interest Rates above $499,999 call 800-655-4777 $250,000 - $499,999 11.75% $100,000 - $249,999 12.00% . The list below shows current TD Ameritrade margin rates by debit balance. We suggest you consult with a tax-planning professional with regard to your personal circumstances. Baked into the free. You can review the base rate and the balance schedule on the Rates & Fees page. Prior to a name change in September 2021, Charles Schwab Futures and Forex LLC was known as TDAmeritrade Futures & Forex LLC. Disclaimer: ACM MEDIA LLC provides reviews of services based on our personal Detailed trading hours, including pre and post market in US time zones. Understand that legally TDA won't allow you to trade on Margin until your account has at least 2,000$ and even then you have to apply for it. You may have to wait for recent trades or newly deposited funds to settle before you withdraw funds. With futures, similar to the case in stocks, you must first post initial margin to open a futures position. Questions about the thinkorswim Mobile and TD Ameritrade Mobile apps. When used with caution and discipline, leverage can be a valuable tool in a traders arsenal, but the warning bears repeating: Margin is a double-edged sword. A prospectus, obtained by calling 800-669-3900, contains this and other important information about an investment company. For example, TD Ameritrade charges an effective interest rate of 9.5% on debit balances under $10,000 and 7.5% on debit balances over $250,000. When setting the base rate, TD Ameritrade considers indicators including, but not limited to, commercially recognized interest rates, industry conditions relating to the extension of credit, the availability of liquidity in the marketplace, the competitive marketplace and general . In our calculator, simply input the amount of money you will borrow from your broker, the annual margin rate you will pay, and the number of days you plan to hold the position. Professional access differs and subscription fees may apply. If you choose "margin"and if the firm approves, based on your account applicationyou have pre-arranged borrowing privileges. You also need to have approval for writing uncovered options (tier 3 approval). These rates are based on the current prime rate plus an additional amount . Writing a Cash Secured Put: The put-writer must maintain a cash balance equal to the total exercise value of the contracts. TD Ameritrade is not responsible for the products, services and policies of any third party. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. Margin tells traders how much capital may be needed to enter a position, and how much is needed to keep it open. Any changes will be posted on the Rates & Fees page when changes are affected within 30 days after the effective change. Past performance of a security or strategy is no guarantee of future results or investing success. Want Diversification? This just means you spent more money buying the shares than you actually put into your account, and you owe TD Ameritrade ~$100 out of whatever you sell your shares for. Interest is calculated daily, so carrying a small debit balance for a couple of . Margin is not available in all account types. Access to real-time market data is conditioned on acceptance of the exchange agreements. Client has the following buying power available: Client wishes to purchase the maximum amount of ABC Corp. ABC Corp has a 30% margin requirement. However, SMA can only appreciate when accounts equity percentage is 50% or greater. Margin is the amount of money you borrow when you sell equity. Carefully consider the investment objectives, risks, charges and expenses before investing. Please call 800-669-3900. I have multiple margin calls in my account, can I just liquidate enough to meet the first margin call? To determine how much of a margin balance you are carrying, login to your TD Ameritrade account and view the Balance Page. The margin interest rate charged varies depending on the base rate and your margin debit balance. 2022 Charles Schwab & Co., Inc. All rights reserved. FINRA requires a minimum deposit with a brokerage of $2,000, or 100% of the purchase price, whichever is less. ACM MEDIA LLC publishes content for educational purposes only, does not offer Options involve risk and are not suitable for all investors. Although interest is calculated daily, the total will post to your account at the end of the month. Orders placed by other means will have additional transaction costs. In this scenario, ABC stock is 72% of the total holdings of the client. Through margin, you put up less than the full cost of a trade, potentially enabling you to take larger trades than you could with the actual funds in your account. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business. Instead of limiting yourself to 100 shares of one stock, you can buy different stocks or ETFs, trade options (if approved), and access a line of credit. How do I calculate how much I am borrowing? If your account is margin enabled, you can see your base lending rate on the displayed page by selecting "View margin rate" under "Margin.". In many cases, securities in your account can act as collateral for the margin loan. Characteristics and Risks of Standardized Options, Trading Forex: What Investors Need to Know. A $0.65 per contract fee applies for options trades. Portfolio Margin rules, methodology, and more. Please read the Risk Disclosure Statement prior to trading futures products. Supporting documentation for any claims, comparison, statistics, or other technical data will be supplied upon request. All rights are reserved. 2 2 TD Ameritrade Financial services Financial sector Business Business, Economics, and Finance 2 comments New aeiouicup 10 mo. Margin is not available in all account types. opinions. Trading privileges subject to review and approval. Questions about the Analyze tab and its interfaces. Watch the videos below to preview the course, or if you're already a client, go ahead and enroll in the full course. In volatile markets, the SEC explained that investors who put up an initial margin payment for a stock may, from time to time, be required to provide additional cash if the price of the stock falls. Some investors have been shocked to learn their brokerage has the right to sell their securities bought on marginwithout any notification and potentially at a substantial loss to the investor, according to the SEC. *The following is an illustration. (A TDAmeritrade account thats approved for margin trading must have at least $2,000 in cash equity or eligible securities and a minimum of 30% of its total value as equity at all times.). Please read the NFA bookletTrading Forex: What Investors Need to Knowprior to trading forex products. The SMA account increases as the value of the securities in the account appreciate, but does not decrease when the value of those securities depreciates. January 2022, the CME Group WTI crude oil futures required a maintenance margin of $5,850 or roughly 7% of the total contract value. The Federal Reserve Board (FRB) sets margin requirements for various marginable securities. Skip to content Similar to mortgages and other traditional loans, margin trading typically requires an application and posting collateral with your broker, and you must pay margin interest on money borrowed. Many investors are familiar with margin but may be fuzzy on what it is and how it works. To take advantage of margin at TD Ameritrade, there are some margin account requirements to keep in mind. Futures and futures options trading involves substantial risk and is not suitable for all investors. Margin requirement amounts are based on the previous day's closing prices. Market volatility, volume and system availability may delay account access and trade executions. Many investors are familiar with margin or margin trading but may be fuzzy on exactly what it is and how it works. Characteristics and Risks of Standardized Options, Trading Forex: What Investors Need to Know, Premium Collected from Selling an Option (Opening or Closing), Appreciation of Marginable Securities when Reg-T excess is available, Available Funds for Trading (Option BP on thinkorswim), Long stock position valued at $4.01 per share or more, 30% of the current market value of the stock, Long stock position value between $2 and $4 per share, Long stock position valued at $1.99 or less per share, 100% of the current market value of the stock, Short stock position valued at $16.67 per share or more, Short stock position valued between $5.01* and $16.67 per share, Short stock position valued between $2.50 and $5 per share, Short stock position valued at less than $2.50 per share, Percentage of Stock Value: 20% x [$81.25 x (5 x 100)], Out-of-the-Money Amount: ($81 - $81.25) x 500, Percentage of Strike Value: 10% x [$81.25 x (5 x 100)], Out-of-the-Money Amount: ($70 - $81.25) x 500, Percentage of the Excercise Value: 10% x [$81 x (5 x 100)], Premium Received for 60 puts: $0.25 x (5 x 100), Strike Multiplied by # Contracts sold: $70 x (5 x 100), Strike Multiplied by # Contratcs bought: $65 x (5 x 100), Premium Paid for 65 Calls: $2.25 x (5 x 100), Percentage of Stock Value: 20% x [$65.25 x (5 x 100)], Out-of-the-Money Amount: ($65 - $65.25) x 500, Current Value of the Non-Holding Side (puts), Percentage of Index Value: 20% x [$201.55 x (5 x 100)], Out-of-the-Money Amount: ($201.55 - $205) x 500, Minimum Percentage of Index Value: 10% x [$201.5 x (5 x 100)], Accounts managed by TD Ameritrade Investment Management, May not short stock or sell uncovered options. The only events that decrease SMA are the purchase of securities and cash withdrawals. The IDA rate applicable to your account will appear on your Positions page under Cash and Cash Alternatives. The third-party site is governed by its posted The SEC spells out a pretty clear message. On margin account with over $25,000 balance you are allowed unlimited number of day trades. Agree to the terms. It is important because it determines when a trade will be exercised. TD Ameritrade does not provide tax advice. GAAP . Generally, a client pledges the securities in their account as collateral for a loan that they may then use to purchase additional securities. If the option is assigned, the writer of the put option purchases the security with the cash that has been held to cover the put. To avoid an account restriction, pattern day-trader accounts that fall below the $25,000 minimum equity requirement should not day trade. The formula is: Interest Rate x Margin Debit / 360 = Daily Interest Charge.
Porto's Nutritional Info, Langley Trappers Prospect Camp, Articles M