Terms Of Use

1. Terms

By accessing this web site, you are agreeing to be bound by these web site Terms and Conditions of Use, all applicable laws and regulations, and agree that you are responsible for compliance with any applicable local laws. If you do not agree with any of these terms, you are prohibited from using or accessing this site. The materials contained in this web site are protected by applicable copyright and trade mark law.

2. Options Trading

Trading options involves the use of leverage. Therefore, when trading options, you may lose more than your initial investment, depending on the trades you make. Options trading is not suitable for all investors. The trades may not be suitable for you and do not take into account your particular financial situation or your investment objectives.

3. Theoretical Prices and Other Calculations

Theoretical prices and other calculations such as delta, gamma, theta, rho, vega, implied volatility etc... and theoretical position gain/loss based on underlying price at future dates are calculated using the Black-Scholes, Bjerksund-Stensland or Ju/Zhong models and are estimates. They are not to be treated as any guarentee of what the actual price and/or performance should or will be.

4. Investment and Trading

This website does not give financial advice or recommendations or encourage taking a positions in any financial instrument. Stock Market Strategies is not a licensed financial advisor. Any opinions expressed are those of Stock Market Strategies only and are not to be taken as a solicitation or advice on any particular stock, ETF, Option etc. Any decisions made by you as a result of information recieved from this web site are yours alone and are not the responsibility of Stock Market Strategies.

5. Realized and Unrealized Gain Loss

Unrealized gain/loss is calculated by comparing your current position, or average of the positions, if the last transaction did not close out the current one and where the price of the latest purchase/sales occurred. Realized gain/loss is calculated by averaging the cost basis over time, from earliest to latest, of the user’s transactions compared to the cost of the closing positions over time. The gain/losses calculated are used to give a user an idea of how their positions are performing. They are not validated or audited in any way. They are not to be used for third party performance measures or tax purposes.

6. Use License

  1. Permission is granted to temporarily download one copy of the materials (information or software) on Stock Market Strategies's web site for personal, non-commercial transitory viewing only. This is the grant of a license, not a transfer of title, and under this license you may not:
    1. modify or copy the materials;
    2. use the materials for any commercial purpose, or for any public display (commercial or non-commercial);
    3. attempt to decompile or reverse engineer any software contained on Stock Market Strategies's web site;
    4. remove any copyright or other proprietary notations from the materials; or
    5. transfer the materials to another person or "mirror" the materials on any other server.
  2. This license shall automatically terminate if you violate any of these restrictions and may be terminated by Stock Market Strategies at any time. Upon terminating your viewing of these materials or upon the termination of this license, you must destroy any downloaded materials in your possession whether in electronic or printed format.

7. Disclaimer

  1. The materials on Stock Market Strategies's web site are provided "as is". Stock Market Strategies makes no warranties, expressed or implied, and hereby disclaims and negates all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for a particular purpose, or non-infringement of intellectual property or other violation of rights. Further, Stock Market Strategies does not warrant or make any representations concerning the accuracy, likely results, or reliability of the use of the materials on its Internet web site or otherwise relating to such materials or on any sites linked to this site.

8. Limitations

In no event shall Stock Market Strategies or its suppliers be liable for any damages (including, without limitation, damages for loss of data or profit, or due to business interruption,) arising out of the use or inability to use the materials on Stock Market Strategies's Internet site, even if Stock Market Strategies or a Stock Market Strategies authorized representative has been notified orally or in writing of the possibility of such damage. Because some jurisdictions do not allow limitations on implied warranties, or limitations of liability for consequential or incidental damages, these limitations may not apply to you.

9. Revisions and Errata

The materials appearing on Stock Market Strategies's web site could include technical, typographical, or photographic errors. Stock Market Strategies does not warrant that any of the materials on its web site are accurate, complete, or current. Stock Market Strategies may make changes to the materials contained on its web site at any time without notice. Stock Market Strategies does not, however, make any commitment to update the materials.

10. Links

Stock Market Strategies has not reviewed all of the sites linked to its Internet web site and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Stock Market Strategies of the site. Use of any such linked web site is at the user's own risk.

11. Site Terms of Use Modifications

Stock Market Strategies may revise these terms of use for its web site at any time without notice. By using this web site you are agreeing to be bound by the then current version of these Terms and Conditions of Use.

12. Governing Law

Any claim relating to Stock Market Strategies's web site shall be governed by the laws of the State of Illinois without regard to its conflict of law provisions.

General Terms and Conditions applicable to Use of a Web Site.