1. Options trading is risky
Trading options involves substantial risk of loss and is not suitable for every investor. You can lose your entire investment — and with certain strategies (short naked options, uncovered spreads, assignment on short positions, margin calls) you can lose considerably morethan your initial investment. Before trading options you should read and understand the Options Clearing Corporation's Characteristics and Risks of Standardized Options (the “ODD”).
Multi-leg strategies, credit spreads, iron condors, and short premium trades in particular can exhibit asymmetric risk/reward profiles — a trade that “wins” 90% of the time can still lose money on average if the 10% tail is large enough. Tradient surfaces these trades because they can fit certain portfolios; that is not the same as saying they are safe.
2. Past performance is not a predictor
Every backtest, historical scan result, win-rate figure, average return figure, and chart on this site is derived from historical data. Past performance does not guarantee future results. Markets change, volatility regimes change, liquidity dries up, and the strategies that worked last year may not work this year.
3. Simulated and hypothetical results
The Tradient Paperbroker and any Monte Carlo simulation, expected-value calculation, or “what-if” projection you see are hypothetical. They do not reflect actual trading and, critically, do not model every real friction that costs live traders money:
- Slippage and spread. The paper fills assume a reasonable mid-price; real fills are often worse, especially on thinly-traded strikes.
- Liquidity.Historical chain snapshots don't always reflect the size you could actually get filled at.
- Assignment risk. Short options can be assigned early, particularly around dividends and earnings. The simulator treats assignment deterministically; real assignment is probabilistic.
- Commissions, fees, and borrow costs. Your broker may charge per-contract fees, regulatory fees, exercise fees, or hard-to-borrow fees that Tradient does not model exactly.
- Tax consequences. Tradient does not model taxes. Short-term vs. long-term capital gains, wash-sale rules, 60/40 treatment on index options, and Section 1256 can all materially change your after-tax outcome.
Per the CFTC's Rule 4.41, hypothetical performance results have many inherent limitations. One is that they are prepared with the benefit of hindsight. Another is that no hypothetical trading record can completely account for the impact of financial risk in actual trading.
4. The Tradient Score is not a recommendation
The Tradient Score is an opinionated composite metric we compute from Black-Scholes-derived probability of profit, expected value, Greeks, liquidity heuristics, and historical calibration against realised outcomes. It is meant as one input to your decision process, not as a buy signal. A high-scoring trade is not a good trade for every account; a low-scoring trade isn't necessarily a bad one.
Our calibration loop grades the score against actual outcomes and is published transparently on the portfolio page. Use it — a score that calibrates poorly in a given regime should be weighted less.
5. Data sources may be incorrect or stale
Tradient pulls market data from third-party vendors (currently Polygon.io). We do our best to validate and freshness-check this data, but we cannot guarantee it is free of errors, omissions, or delays. You should independently verify any quote, chain, or Greek before trading on it. Vendor outages, corrupt option chains, halted symbols, stale IV surfaces, and corporate-action-adjusted strikes can all produce misleading scan results.
6. Suitability and personal circumstances
Tradient does not know your financial situation, tax position, risk tolerance, time horizon, liquidity needs, or any of the other factors a licensed advisor would consider before recommending a trade to you. Nothing shown on Tradient is tailored to your circumstances. If you are unsure whether a strategy is appropriate for you, consult a qualified licensed professional (typically a CFP, CFA, or registered investment adviser) before acting.
7. No fiduciary relationship
Using Tradient does not create a fiduciary, advisory, broker- dealer, or investment-adviser relationship between you and Tradient. Tradient is a software tool; it is not registered as an investment adviser, broker-dealer, futures commission merchant, or commodity trading adviser with the SEC, FINRA, CFTC, NFA, or any other regulator.
8. Broker linking and order execution
Tradient integrates with third-party brokers via SnapTrade. When you link a live brokerage account, Tradient can read your positions and — with explicit per-order confirmation — route orders through SnapTrade to your broker. Tradient does not custody your funds. Orders are placed, filled, and cleared by your broker, not by us. Any disputes about fill prices, order rejection, or position reporting must be resolved with your broker directly.
9. No guarantees
To the maximum extent permitted by law, Tradient makes no warranty that the service will be profitable, uninterrupted, error-free, secure, or suitable for any particular purpose. See the Terms of Service for the full warranty disclaimer and limitation of liability.