OPTIONS SCANNER

Terms of Service

Please read these Terms of Service (“Terms”) carefully before using the Options Scanner platform (“Service”) operated by Options Scanner (“we,” “us,” or “our”). By accessing or using the Service, you agree to be bound by these Terms.

1. Acceptance of Terms

By creating an account, logging in, or otherwise using the Service, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree, you must not use the Service.

2. Not Financial Advice

The Options Scanner is an educational and analytical tool only. Nothing on this platform constitutes financial, investment, legal, or tax advice.

All data, scans, scores, and recommendations are for informational purposes only.
Options trading involves substantial risk of loss. You can lose your entire investment.
Past performance shown in any tool or calculation does not guarantee future results.
You should consult a licensed financial advisor before making any investment decisions.
We are not registered as a broker-dealer, investment advisor, or financial planner with any regulatory body.

3. Risk Disclosure

Options trading carries significant risk. Selling options, including cash-secured puts, covered calls, and multi-leg spreads, can result in losses that may exceed your initial premium received. Specifically:

Cash-Secured Puts: Assignment risk means you may be obligated to purchase shares at the strike price, which could be significantly above market value.
Covered Calls: You may be obligated to sell shares at the strike price, capping upside gains.
Credit Spreads and Iron Condors: Maximum loss is defined but can still be a multiple of the premium collected.
Short Strangles: Carry theoretically unlimited loss potential on the call side.

You acknowledge that you understand these risks and accept full responsibility for all trading decisions made using data from this Service.

4. Intellectual Property

All software, source code, algorithms, scoring models, UI designs, and written content on this platform are the exclusive intellectual property of Options Scanner.
You may not copy, reproduce, distribute, reverse-engineer, decompile, modify, or create derivative works from any part of this Service without prior written permission.
Unauthorized reproduction or redistribution of this software or its outputs is strictly prohibited and may result in legal action.
The Options Scanner name, logo, and branding are protected trademarks.

5. License to Use

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Service for your personal, non-commercial options trading research. This license does not permit:

Sharing your account credentials with any other person.
Using the Service on behalf of a third party without written authorization.
Automated scraping, crawling, or bulk data extraction from the Service.
Reselling, sublicensing, or commercially exploiting any part of the Service or its data outputs.

6. Account and Access

You are responsible for maintaining the confidentiality of your login credentials.
You may not share your account with others. Each subscription is for a single user only.
We reserve the right to suspend or terminate any account that we believe is being shared or abused.
We reserve the right to suspend or terminate any account that violates these Terms, without notice or refund.

7. Data and Privacy

Trade data you log in the Ledger is stored on our servers. We do not sell your personal trading data to third parties.
Market data is sourced from a third-party provider and is subject to their own terms of service.
We may collect usage analytics (page views, feature usage) to improve the Service.

8. Service Availability

We aim for high availability but do not guarantee uninterrupted access. The Service may be temporarily unavailable due to maintenance, updates, or circumstances beyond our control. We are not liable for any losses arising from Service downtime or data inaccuracies.

9. Third-Party Data

Market data, options chains, and pricing data are sourced from a third-party provider. We are not responsible for the accuracy, completeness, or timeliness of third-party data. Always verify data independently before making trading decisions.

10. Limitation of Liability

To the maximum extent permitted by applicable law, Options Scanner and its founders, employees, and affiliates shall not be liable for any direct, indirect, incidental, special, or consequential damages arising from:

Your use of or inability to use the Service.
Any trading losses incurred based on data or analysis from the Service.
Errors, inaccuracies, or omissions in market data.
Unauthorized access to your account.

11. Indemnification

You agree to indemnify and hold harmless Options Scanner and its affiliates from any claims, damages, losses, or expenses (including legal fees) arising out of your use of the Service, your violation of these Terms, or your trading activities.

12. Changes to Terms

We reserve the right to update these Terms at any time. We will notify users of material changes by updating the “Last Updated” date above. Continued use of the Service after changes constitutes acceptance of the revised Terms.

13. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the United States. Any disputes arising under these Terms shall be resolved through binding arbitration or in a court of competent jurisdiction.

14. Contact

If you have questions about these Terms, please contact us through the Service.