Trading, Investment & Automation Risk Disclosure

1. General Risk

Greeks Vault is a technology platform, not a guarantee of trading success. No strategy, backtest, model, score, probability, alert, market-data display or automation feature guarantees profits or limits losses.

2. Core Risks

• Market volatility, gaps, halts, limit moves and rapid price changes can produce losses before an order can be cancelled or adjusted.
• Automation, algorithms, scripts, webhooks, APIs, data feeds and integrations can fail, time out, duplicate instructions, stop unexpectedly, or behave differently than expected.
• Orders may be rejected, delayed, partially filled, cancelled, duplicated, repriced, or executed differently than anticipated because of broker, exchange, market, regulatory, risk-control or connectivity conditions.
• Backtests, paper trading, simulated results and hypothetical performance may materially differ from live results because of slippage, liquidity, commissions, fees, assignment, spreads, latency, corporate actions, survivorship bias, look-ahead bias, data revisions and model limitations.
• Options can expire worthless, be exercised or assigned, including before expiration for American-style options. Multi-leg strategies can be difficult to execute as a package and legs can fill at different prices or not fill at all.
• Certain options positions can expose a user to losses materially exceeding the premium paid; uncovered or leveraged positions may create substantial or theoretically unlimited loss depending on the position and applicable broker rules.
• Futures and commodity interests involve leverage, margin, mark-to-market, maintenance margin and potential forced liquidation. A user can lose more than the amount initially deposited, subject to account and contract rules.
• Corporate actions, expirations, symbol changes, contract rolls, delistings, mergers, spin-offs, trading halts and exchange rule changes can affect positions or strategy behavior.
• Internet, cloud, broker and exchange outages can prevent a user from receiving information or stopping automated activity.
• Security incidents, compromised credentials, malware, phishing, account takeover or compromised devices can result in unauthorized access or trading.

3. Options-Specific Risks

• Options involve leverage, premiums, time decay, volatility changes and assignment/exercise risk.
• A buyer may lose the entire premium; some sellers can face very large or theoretically unlimited losses depending on the position.
• Multi-leg strategies can incur legging risk where one leg executes while another does not or executes at a different price.
• 0DTE and short-dated options can change value rapidly and can be particularly sensitive to gamma, time decay and liquidity.
• Option assignment, exercise and expiration procedures are controlled by the broker and clearing process, not Greeks Vault.

4. Futures and Commodity-Interest Risks

• Futures and other commodity interests are highly leveraged. Margin requirements can change and positions can be liquidated without advance approval from Greeks Vault.
• Futures may trade nearly 24 hours, may gap between sessions, and may be subject to daily settlement, price limits, contract expiration and rollover effects.
• Commodity prices can be affected by weather, geopolitics, inventories, transportation, seasonality and other specialized factors.

5. Backtesting and Simulation

Historical and simulated results are hypothetical. They are not the results of actual trading and may omit or imperfectly model commissions, fees, slippage, bid/ask spread, liquidity, corporate actions, market impact, partial fills, order queue position, assignment, financing, borrowing costs, taxes and data imperfections. A strategy can appear profitable in a backtest and lose money in live trading.

6. Automated Execution

Before activating a bot, User should validate symbols, contract specifications, position limits, order types, trading hours, time zones, sizing, risk controls, stop conditions and emergency procedures. Users should actively monitor their brokerage accounts and automated activity. Greeks Vault does not provide a guarantee that a kill switch, stop rule or cancellation request will operate before a market event or broker risk control.

7. No Individualized Advice

Unless Greeks Vault enters into a separate written agreement that expressly says otherwise, information and tools on the Platform are general and self-directed. Nothing in the Platform is intended to be a recommendation or instruction tailored to User's financial situation, investment objectives or legal circumstances.

8. Acknowledgement

By enabling live trading, User confirms that User has read this disclosure, understands the material risks, has independently considered whether trading and automation are appropriate, and accepts responsibility for User's trading decisions.

Acceptance / Signature

By signing below or by electronically accepting this document through the Greeks Vault platform, the parties acknowledge that they have read and agree to be bound by this document to the extent applicable.