Risk Disclosure

Effective Date: 2026-01-01

Last Updated: 2026-02-01

Not Investment Advice

The Service provides market analytics and research Outputs only. It does not provide investment advice and does not recommend any specific trade, position, or strategy for you.

You should not treat any Output as a recommendation, solicitation, or instruction to transact.

Options and Multi-Leg Strategy Risks

Trading options and multi-leg strategies involves substantial risk and is not suitable for all investors. Risks may include:

  • –Loss of some or all of your invested capital
  • –Rapid changes in implied volatility that can materially impact multi-leg positions
  • –Liquidity risk, widening bid-ask spreads, and poor fills
  • –Early assignment risk on short option legs
  • –Margin requirement changes that may force liquidation
  • –Complexity risk: multi-leg strategies may behave differently than expected under stress

Model and Data Limitations

Models can be wrong. Rankings and scoring are based on assumptions and inputs that may not hold in real markets.

Market data may be delayed or inaccurate. Derived calculations may contain errors. Any display of margin, risk ratios, or exposure is an estimate and may differ materially from your broker’s requirements or real outcomes.

Examples of model and market risks include:

  • –Vol regime shift / term-structure steepening
  • –Correlation breakdown between instruments
  • –Gap risk into front expiry window

Execution Risk

Execution outcomes may differ from model estimates due to slippage, spreads, timing, and liquidity.

Actual results may differ due to corporate actions, halts, early closes, or other market conditions.

Hypothetical and Scenario Outputs

Scenario outputs are hypothetical and illustrative. They do not represent actual trading results and may not reflect execution costs, slippage, liquidity constraints, or changing volatility.

Past performance is not indicative of future results.

Your Responsibility

You are solely responsible for your trading decisions, execution, and risk management. Consider consulting a qualified professional and ensure you understand the risks before trading.