Disclaimer

Not investment advice

OptionIncomeTools is an educational utility built to help individual traders understand and model options-income strategies. All calculator output, screener results, ranked opportunities, ticker dashboards, dividend calendars, and written commentary are provided for educational and informational purposes only.

Nothing on this site is a recommendation to buy, sell, hold, or trade any security, derivative, or other financial instrument. We are not registered investment advisers, broker-dealers, certified financial planners, accountants, or attorneys. We do not know your investment objectives, risk tolerance, financial situation, or tax circumstances.

Use of the site does not create any adviser-client, fiduciary, or similar professional relationship between you and OptionIncomeTools. You are solely responsible for your trading decisions and their consequences.

Options carry substantial risk

Trading options can result in the loss of your entire investment in a short period of time. Some strategies (e.g., short naked options, certain spreads) can produce losses that materially exceed your initial deposit.

Before trading options, you must:

• Read and understand the Options Clearing Corporation’s booklet Characteristics and Risks of Standardized Options
• Understand the specific risks of every strategy you intend to use, including assignment, early exercise, dividend risk, gap-down risk, and pin risk
• Review your broker’s margin and account agreements
• Be confident you can absorb the maximum possible loss without material harm to your financial situation

No guaranteed outcomes

All quantitative output on the site — including annualized yield, if-called return, downside cushion, breakeven, effective cost basis, assignment probability, theoretical option price, and Greek values — is produced by mathematical models that depend on assumptions including but not limited to:

• Volatility (implied or historical)
• Risk-free interest rate
• Dividend timing and amount
• Time to expiration measured in calendar days
• No early-exercise behavior other than at the modeled ex-dividend event

Actual market behavior may differ materially from any model. Past performance is never indicative of future results. The site uses standard Black-Scholes-Merton pricing and the corresponding closed-form Greek derivatives; refer to our methodology page (forthcoming) for the precise formulas and parameter sources.

Data may be delayed, incomplete, or inaccurate

Market data is sourced from third-party providers, including Polygon.io for option chains, Greeks, and quotes, and Stooq for historical close prices used in change-percent calculations. Data may be delayed, incomplete, inaccurate, or unavailable at any time, including but not limited to:

• After-hours and overnight sessions
• During exchange outages or feed disruptions
• When live opportunities have already been filled or pulled by liquidity providers

Always verify quotes and option chains directly with your broker before placing a trade. Live opportunities can become stale, mispriced, or unavailable between the moment they are displayed and the moment your order would reach the exchange.

Tax treatment

Options taxation is complex and jurisdiction-specific. The site does not compute taxes and does not provide tax advice. Topics that may apply to your activity include but are not limited to wash sales, qualified vs. unqualified covered calls, the constructive sale rules, the straddle rules, Section 1256 contracts, holding-period suspensions, and state and local tax interactions. Consult a qualified tax professional for advice on your specific situation.

Affiliate disclosure

Some outbound links to brokers (Interactive Brokers, tastytrade, Webull, moomoo) and to data providers (Polygon.io) are affiliate links. If you open an account through one of these links, we may receive a referral commission at no additional cost to you. Affiliate relationships do not influence which tools, brokers, or strategies we describe.

No fiduciary relationship

Use of the site does not create an adviser-client, fiduciary, suitability-determination, or any similar professional relationship between you and OptionIncomeTools. We do not have visibility into your portfolio, financial circumstances, or tax situation, and we are not in a position to assess whether any strategy described on the site is suitable for you.

Forward-looking statements

Any forward-looking language on the site — including roadmap content, expected feature releases, or growth projections — reflects the operator’s current intent only and is subject to change without notice.

Contact

Questions about this disclaimer or the methodology behind any calculator: [email protected]

See also: Terms of Service · Privacy Policy