1. Informational and Educational Purposes Only
All content published on this site — including but not limited to market commentary, daily trade logs, options strategy guides, education articles, market probability analyses, and the trading playbook — is provided for informational and educational purposes only. Nothing on this site constitutes investment advice, financial advice, trading advice, legal advice, tax advice, or a recommendation to buy, sell, or hold any security, option, future, or other financial instrument.
2. Not a Registered Investment Advisor
The author and operator of this site is not registered with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA), the Commodity Futures Trading Commission (CFTC), the National Futures Association (NFA), or any state securities regulator. The author is not a registered investment advisor, broker-dealer, or financial planner. No advisory relationship is formed by your use of this site.
3. No Personalized Recommendations
The trades, strategies, and analyses on this site reflect the personal views and risk tolerance of the site's author. They are not personalized to your financial situation, investment objectives, risk tolerance, tax position, or any other personal circumstance. You should not rely on this content as the sole or primary basis for any investment decision. Always consult a qualified, licensed financial professional before making investment decisions.
4. Substantial Risk of Loss
Trading options involves substantial risk and is not appropriate for every investor. Options trading can result in the loss of some or all of your invested capital and may exceed your initial investment. Specific risks include but are not limited to: total loss of premium paid; assignment risk on short options; liquidity risk; gap risk; tail risk; correlation risk; and model risk. You should not trade options with money you cannot afford to lose.
5. Past Performance Does Not Guarantee Future Results
Historical performance — including the trade log entries published on this site — does not guarantee future results. A strategy that worked in past market conditions may not work in future conditions. Markets change. Volatility regimes change. The author may make different decisions in the future than were made in the past.
6. Hypothetical and Backtested Performance
Some content on this site may reference hypothetical or backtested trading scenarios for educational purposes. Hypothetical performance has many inherent limitations and does not represent actual trading. No representation is made that any account will or is likely to achieve profits or losses similar to those shown.
7. No Liability
Under no circumstances shall the author, operator, or any affiliated party be liable for any loss or damage, including but not limited to direct, indirect, consequential, or incidental loss or damage, arising out of or in connection with the use of, or reliance on, any content published on this site.
8. Information May Be Inaccurate or Outdated
The author makes no representation or warranty, express or implied, as to the accuracy, completeness, timeliness, or reliability of any content on this site. Market data, prices, and option chains may be delayed or inaccurate. Always verify data with the issuing exchange or your broker before trading.
9. Forward-Looking Statements
Some content may include forward-looking statements regarding market direction, expected price levels, or anticipated trade outcomes. Forward-looking statements are subject to numerous risks and uncertainties, and actual results may differ materially. The author undertakes no obligation to update any such statements.
10. Affiliate Disclosure
This site contains affiliate links. Some links to third-party tools and platforms (including OptionsStrat) are affiliate links that may earn the site a commission if you sign up or purchase through them. The presence of an affiliate link does not influence the editorial content. The author uses these tools and recommends them on their merits. See the about page for the full disclosure.
11. Acceptance of Terms
By using this site, you acknowledge that you have read, understood, and agreed to this disclaimer. If you do not agree, do not use this site.
Last updated: July 2026. This disclaimer may be updated from time to time; continued use of the site after changes constitutes acceptance of the revised terms.