Terms of Service

Effective Date: April 11, 2026
Last Updated: April 14, 2026

1. Acceptance of Terms

By accessing or using quantedOptions ("the Platform", "the Service", "we", "us", or "our"), located at quantedoptions.com and operated by quantedOptions, LLC, a Texas limited liability company, you ("you", "your", or "Subscriber") agree to be bound by these Terms of Service ("Terms"). If you do not agree to all of these Terms, you must not access or use the Platform.

These Terms constitute a legally binding agreement between you and quantedOptions, LLC. We may also provide additional terms or policies for specific features or services, which will be disclosed to you in connection with those features.

2. Description of Service

quantedOptions is a financial data analytics platform that provides real-time and historical gamma exposure (GEX) analytics for SPX and VIX options. The Platform includes:

• Real-time gamma exposure (GEX), delta exposure (DEX), charm exposure (CEX), and vanna exposure (VEX) calculations and visualizations
• Intraday and historical strike-level positioning data
• Implied volatility surfaces and term structure analytics
• Interactive dashboards, charts, and data tables
• Data derived from licensed Chicago Board Options Exchange (CBOE) market data sourced through the C1 exchange

The Platform is a data analytics and visualization tool. It is not a broker, dealer, exchange, trading venue, or investment advisory service. quantedOptions is a data publisher and market data analytics provider. We provide general market data analytics to all subscribers equally, without regard to any individual subscriber's financial situation, investment objectives, or specific circumstances. No fiduciary, advisory, or professional-client relationship is created by your use of the Platform.

3. Important Disclaimers

By using the Platform, you acknowledge and agree to the following:

• No recommendations or trading signals. Nothing on the Platform constitutes a recommendation to buy, sell, hold, or trade any security, option, or other financial instrument. We do not make personalized investment recommendations of any kind.
• No guarantees of accuracy. While we source our data from CBOE through licensed channels, errors in data collection, processing, calculation, or display are possible. Data may be delayed, incomplete, or contain inaccuracies. You must independently verify all Platform outputs before making any trading or investment decisions.
• AI-native development. The Platform was designed and developed by traders with AI as a force multiplier in the software development process. As with any complex software system, errors in data processing, mathematical calculations, or visual display are possible. Users are solely responsible for confirming all outputs independently.
• Past performance is not indicative of future results. Historical data, backtests, analytics, and any other historical information presented on the Platform do not guarantee future performance or outcomes.
• No liability for trading losses. quantedOptions is not responsible for any losses, damages, or costs you incur as a result of trading decisions made using data or analytics obtained through the Platform. You are solely responsible for your own trading and investment decisions.
• Consult a professional. Before making any investment or trading decisions, you should consult with a qualified, licensed financial advisor, broker, or other professional who can evaluate your individual circumstances.

4. Eligibility

You must be at least 18 years of age (or the age of majority in your jurisdiction, whichever is greater) to use the Platform. By creating an account or subscribing, you represent and warrant that:

• You meet the minimum age requirement
• You have the legal capacity to enter into binding agreements
• You are not prohibited from using the Platform under any applicable law or regulation
• You will use the Platform only in compliance with these Terms and all applicable laws

5. Account Registration and Security

To access the Platform, you must create an account and provide accurate, complete, and current information. You are responsible for:

• Maintaining the confidentiality of your account credentials
• All activity that occurs under your account
• Notifying us immediately at desk@quantedoptions.com if you suspect unauthorized access to your account
• Keeping your account information accurate and up to date

Each account is for a single individual user. You may not share your account credentials with any other person, nor may you allow any other person to access the Platform through your account. We reserve the right to suspend or terminate accounts that we reasonably believe are being shared or used by multiple individuals.

6. Subscription, Billing, and Payment

6.1 Subscription Plans

Access to the Platform is provided on a monthly subscription basis. The current subscription rate is $399 per month. Pricing is subject to change with 30 days' prior notice to active subscribers.

6.2 Free Trial

New subscribers may be eligible for a 5-day free trial. During the trial period, you will have full access to the Platform. If you do not cancel before the trial period ends, your subscription will automatically convert to a paid monthly subscription and your payment method will be charged. Trial eligibility is limited to one trial per person and is determined at our sole discretion.

6.3 Payment Processing

All payments are processed securely by Stripe, our third-party payment processor. By subscribing, you authorize Stripe to charge your designated payment method on a recurring monthly basis. We do not store your full payment card details on our servers. Your use of Stripe is subject to Stripe's own terms of service and privacy policy.

6.4 Recurring Billing

Your subscription will automatically renew each month on the anniversary of your subscription start date. You will be charged the then-current subscription rate at each renewal. It is your responsibility to keep a valid payment method on file.

6.5 Failed Payments

If a payment fails, we may retry the charge and/or suspend your access to the Platform until payment is successfully collected. We are not obligated to provide the Service during any period in which your account is past due.

6.6 Future API Access

We may offer API access to Platform data in the future. API access will be subject to usage-based billing (metering and/or credits) and will be governed by separate API Terms of Service that will be made available at the time of launch. Your use of any API offering will require acceptance of those additional terms.

7. Cancellation and Refunds

7.1 Cancellation

You may cancel your subscription at any time through your account settings or by contacting us at desk@quantedoptions.com. Upon cancellation:

• Your access will continue until the end of your current paid billing period
• No further charges will be made after cancellation takes effect
• You will not receive a prorated refund for the remaining days in your current billing period

7.2 Refunds

Because the Platform provides access to real-time data and analytics that are consumed upon delivery, refunds are generally not provided. However, we may consider refund requests on a case-by-case basis at our sole discretion in the following circumstances:

• Significant, sustained service outages attributable to us that materially impair your use of the Platform
• Billing errors or duplicate charges

To request a refund, contact desk@quantedoptions.com within 14 days of the charge in question.

7.3 Termination by Us

We reserve the right to suspend or terminate your account and access to the Platform at any time, with or without cause, including but not limited to violations of these Terms or the Acceptable Use Policy. If we terminate your account without cause, we will provide a prorated refund for the unused portion of your current billing period.

8. CBOE Data Licensing and Redistribution Restrictions

The Platform incorporates market data licensed from the Chicago Board Options Exchange (CBOE), sourced through the C1 exchange. This data is redistributed to you under the terms of our data licensing agreements with CBOE.

By using the Platform, you acknowledge and agree that:

• No redistribution. You may not redistribute, retransmit, republish, display publicly, or otherwise make available any CBOE-sourced data obtained through the Platform to any third party, whether in raw, derived, or processed form, without the prior written consent of both quantedOptions and CBOE.
• Personal use only. Data obtained through the Platform is licensed for your personal, non-commercial analytical use. You may not use Platform data to create competing products or services, nor may you use automated means to systematically extract or scrape data from the Platform.
• CBOE ownership. CBOE retains all rights in its market data. Nothing in these Terms grants you any ownership interest in CBOE data.
• Data accuracy. While CBOE data is provided through licensed channels, neither quantedOptions nor CBOE guarantees the accuracy, completeness, or timeliness of any data. CBOE data is provided "as is" without warranty.

8.5 Subscriber Classification

CBOE data licensing requires that all recipients of market data be classified as either "Professional" or "Non-Professional" subscribers. By subscribing, you represent and warrant that you qualify under your declared classification as defined by applicable exchange rules. Generally, a Non-Professional subscriber is a natural person who uses data solely for personal, non-business purposes and is not registered or qualified with any securities regulatory authority. You must promptly notify us if your status changes. We reserve the right to verify classification status, reclassify users, and adjust pricing accordingly. Misrepresentation of your classification status may result in liability for fee differences and account termination.

Violation of these data redistribution restrictions is a material breach of these Terms and may result in immediate termination of your account and potential legal action.

9. Acceptable Use Policy

You agree not to use the Platform to:

• Violate any applicable law, regulation, or third-party right
• Redistribute, resell, sublicense, or commercially exploit any data obtained from the Platform
• Use automated scripts, bots, scrapers, or other automated means to access the Platform or extract data, except through any officially provided API under its applicable terms
• Attempt to gain unauthorized access to the Platform, other users' accounts, or our systems and infrastructure
• Reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of the Platform
• Interfere with or disrupt the integrity or performance of the Platform
• Transmit any malicious code, viruses, or other harmful material
• Impersonate any person or entity, or misrepresent your affiliation with any person or entity
• Use the Platform in any way that could damage, disable, overburden, or impair our servers or networks
• Use data from the Platform to create, train, or improve any machine learning model, artificial intelligence system, or similar technology without our prior written consent

10. Intellectual Property

All content on the Platform, including but not limited to software, algorithms, data processing methodologies, visualizations, dashboards, user interface designs, graphics, logos, trademarks, and text, is the property of quantedOptions, LLC or its licensors and is protected by copyright, trademark, trade secret, and other intellectual property laws.

Your subscription grants you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for your personal, non-commercial analytical purposes during the term of your subscription. This license does not include the right to:

• Copy, modify, or create derivative works based on the Platform or its content
• Use any data mining, robots, or similar data gathering or extraction methods
• Reproduce, duplicate, copy, sell, resell, or exploit any portion of the Platform for commercial purposes
• Use quantedOptions trademarks, logos, or branding without our prior written consent

11. Service Availability and Data Accuracy

We strive to provide reliable, uninterrupted access to the Platform, but we do not guarantee that the Platform will be available at all times. The Platform may be temporarily unavailable due to:

• Scheduled maintenance or upgrades
• Unscheduled outages or technical issues
• Disruptions in our upstream data feeds (including CBOE data)
• Factors beyond our reasonable control, including internet outages, exchange halts, or force majeure events

Data displayed on the Platform may be delayed, and real-time data is subject to the latency and availability of our data sources. We make no guarantee regarding the timeliness, sequence, accuracy, or completeness of any data or analytics provided.

12. Privacy

Your use of the Platform is also governed by our Privacy Policy, which describes how we collect, use, and protect your personal information. By using the Platform, you consent to the practices described in the Privacy Policy.

13. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

• QUANTEDOPTIONS, ITS OFFICERS, DIRECTORS, MEMBERS, EMPLOYEES, AGENTS, AND LICENSORS (INCLUDING CBOE) SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO: LOSS OF PROFITS, LOSS OF REVENUE, TRADING LOSSES, LOSS OF DATA, LOSS OF GOODWILL, BUSINESS INTERRUPTION, OR ANY OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATED TO YOUR USE OF OR INABILITY TO USE THE PLATFORM, REGARDLESS OF THE THEORY OF LIABILITY.
• WITHOUT LIMITING THE FOREGOING, QUANTEDOPTIONS SHALL HAVE NO LIABILITY FOR ANY TRADING OR INVESTMENT LOSSES YOU MAY INCUR, WHETHER OR NOT SUCH DECISIONS WERE INFORMED BY DATA, ANALYTICS, OR OTHER INFORMATION OBTAINED THROUGH THE PLATFORM.
• OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE TOTAL AMOUNT YOU HAVE PAID TO QUANTEDOPTIONS IN SUBSCRIPTION FEES DURING THE THREE (3) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM.

Some jurisdictions do not allow the exclusion or limitation of certain damages. In such jurisdictions, the above limitations shall apply to the fullest extent permitted by law.

14. Disclaimer of Warranties

THE PLATFORM AND ALL DATA, ANALYTICS, CONTENT, AND SERVICES PROVIDED THROUGH IT ARE DELIVERED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY. QUANTEDOPTIONS EXPRESSLY DISCLAIMS ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO:

• IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT
• ANY WARRANTY THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS
• ANY WARRANTY REGARDING THE ACCURACY, RELIABILITY, TIMELINESS, OR COMPLETENESS OF ANY DATA OR ANALYTICS
• ANY WARRANTY THAT THE PLATFORM WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS

You expressly acknowledge that investing and trading decisions involve risk, and you use the Platform and any data or analytics obtained from it entirely at your own risk.

14.1 Continuous Improvement and Service Limitations

quantedOptions is actively developed, and individual features mature on different timelines. Intraday analytics are our primary focus; certain features — including overnight (Globex) data processing — are under active development and may experience gaps, delays, stale values, or temporary unavailability, particularly between U.S. market close and the next session open. Data sourced from CBOE and other providers may also contain errors, omissions, or delays outside our control. The Service, including all data and analytics, is provided "as is" and "as available," without warranty of availability, completeness, accuracy, or fitness for any particular purpose. Nothing in the Service is investment, financial, legal, or tax advice, or a recommendation to buy, sell, or hold any security. You are solely responsible for your trading decisions and should independently verify any data before acting on it.

A current list of recently shipped changes and known limitations is published on our Release Notes page.

15. Indemnification

You agree to indemnify, defend, and hold harmless quantedOptions, LLC, its officers, directors, members, employees, agents, and licensors (including CBOE) from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to:

• Your use of or reliance on the Platform or any data obtained through it
• Your trading or investment decisions, regardless of whether they were informed by the Platform
• Your violation of these Terms, including the CBOE data redistribution restrictions
• Your violation of any applicable law or regulation
• Any claim by a third party arising from your use of the Platform or redistribution of Platform data

16. Dispute Resolution

16.1 Informal Resolution

Before initiating any formal dispute resolution proceeding, you agree to first contact us at desk@quantedoptions.com and attempt to resolve the dispute informally for at least thirty (30) days. Most concerns can be resolved quickly through direct communication.

16.2 Binding Arbitration

If a dispute cannot be resolved informally, you and quantedOptions agree that any dispute, claim, or controversy arising out of or relating to these Terms or the Platform shall be resolved by binding arbitration administered by the American Arbitration Association (AAA) under its Commercial Arbitration Rules. The arbitration shall be conducted by a single arbitrator in the State of Texas. The arbitrator's decision shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.

16.3 Class Action Waiver

YOU AND QUANTEDOPTIONS AGREE THAT EACH PARTY MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING. The arbitrator may not consolidate more than one person's claims and may not preside over any form of class or representative proceeding.

16.4 Exceptions

Notwithstanding the above, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation, or violation of intellectual property rights or confidentiality obligations.

17. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Texas and applicable federal laws of the United States, without regard to conflict of law principles. To the extent that litigation is permitted under these Terms, you consent to the exclusive jurisdiction and venue of the state and federal courts located in Texas.

18. Modifications to Terms

We reserve the right to modify these Terms at any time. When we make material changes, we will notify you by:

• Posting the revised Terms on this page with an updated effective date
• Sending a notification to the email address associated with your account

Material changes will take effect thirty (30) days after notice is provided, unless otherwise stated. Your continued use of the Platform after the effective date of any changes constitutes your acceptance of the revised Terms. If you do not agree to the revised Terms, you must stop using the Platform and cancel your subscription before the changes take effect.

19. General Provisions

• Entire Agreement. These Terms, together with the Privacy Policy and any additional terms for specific features, constitute the entire agreement between you and quantedOptions regarding the Platform and supersede all prior agreements and understandings.
• Severability. If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable.
• Waiver. Our failure to enforce any right or provision of these Terms shall not constitute a waiver of that right or provision. Any waiver must be in writing and signed by quantedOptions.
• Assignment. You may not assign or transfer these Terms or your rights under them without our prior written consent. We may assign these Terms without restriction.
• Force Majeure. quantedOptions shall not be liable for any failure or delay in performance resulting from causes beyond our reasonable control, including but not limited to natural disasters, acts of government, internet or infrastructure failures, exchange outages, data feed disruptions, or other force majeure events.
• Notices. Any notices to quantedOptions should be sent to desk@quantedoptions.com. We may provide notices to you via email to the address associated with your account, through the Platform, or by posting on our website.
• No Third-Party Beneficiaries. These Terms do not create any third-party beneficiary rights, except that CBOE is an intended third-party beneficiary with respect to the data redistribution restrictions set forth in Section 8.
• Headings. Section headings are for convenience only and do not affect the interpretation of these Terms.
• Survival. Sections 3 (Disclaimers), 8 (CBOE Data), 10 (IP), 13 (Limitation of Liability), 14 (Warranties), 15 (Indemnification), 16 (Dispute Resolution), and 17 (Governing Law) shall survive any termination or expiration of these Terms.
• Electronic Communications. By creating an account, you consent to receive all communications, agreements, and notices electronically, including via email or through the Platform, and agree that such electronic communications satisfy any legal requirement that such communications be in writing.

20. Contact Information

If you have any questions about these Terms, your account, or the Platform, please contact us at:

quantedOptions, LLC
Email: desk@quantedoptions.com
Website: quantedoptions.com