OptionHive / Disclaimer

OptionHive and its operators are not registered as investment advisors, broker-dealers, or financial planners with the U.S. Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any state securities regulatory authority. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice.

You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or content on this website before making any decisions based on such information. You should consult with a qualified financial advisor, tax professional, or other licensed professional before making any investment decisions.

All backtesting results, simulated returns, and strategy performance shown on this website are hypothetical and do not represent actual trading. Hypothetical performance results have many inherent limitations, some of which are described below.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, all of which can adversely affect actual trading results.

The backtesting engine has the following known limitations:

• Simulated premiums: Option premiums may be estimated using the Black-Scholes model with historical realized volatility. Actual market premiums can differ significantly due to supply/demand, liquidity, and market conditions.
• Execution assumptions: The model assumes trades are executed at theoretical prices. In practice, slippage, bid-ask spreads, commissions, and partial fills can materially affect returns.
• Survivorship bias: Stock universes used in backtesting may not include companies that were delisted, merged, or went bankrupt during the testing period.
• Tax estimates: Tax calculations are approximations based on simplified models of federal and state tax brackets. Actual tax obligations depend on your complete financial situation and may differ significantly. Consult a tax professional.
• Data accuracy: Historical data is sourced from third-party providers and may contain errors, gaps, or adjustments that affect results.

Options trading involves substantial risk of loss and is not suitable for all investors. Before trading options, you should read the document "Characteristics and Risks of Standardized Options" published by the Options Clearing Corporation (OCC), available at theocc.com.

The risk of loss in trading securities, options, futures, and forex can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. You may sustain a total loss of the funds that you deposit with a broker to establish or maintain a position, and you may incur losses beyond your initial deposit.

While we strive for accuracy, OptionHive makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will OptionHive, its operators, or affiliates be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.

Some features of OptionHive use artificial intelligence to interpret user inputs and generate strategy configurations. AI-generated outputs may contain errors, omissions, or misinterpretations. Always review AI-generated configurations before running backtests. AI outputs are not financial advice and should not be relied upon for investment decisions.