Risk disclosures

These sections are reproduced from the current product Terms of Service. Read the full policy for all provisions.

2. What the Service Is

Main Street Terminal is a research and decision-support tool for equity options around earnings and other public events. It provides scan engines, event calendars, earnings workflows, option chains, charts, watchlists, alerts, decision briefs, comparison tools and related information.

The Service is not a broker-dealer, investment adviser, exchange, clearing firm, custodian, bank or money transmitter. It does not place, route or execute orders, hold funds or securities, manage accounts, or give you personalized investment advice.

3. Risk Disclosure — Read Carefully

Options trading involves substantial risk and is not suitable for every investor. You can lose the entire amount you pay for an option, and certain option strategies can lose more than the amount invested. Prices around earnings and other events can move sharply, gap, or become illiquid; implied volatility can collapse after an event even when the price moves in the expected direction.

Nothing in the Service is a prediction, a signal, a recommendation, or a promise of any outcome. Engine outputs, scores, rankings, candidate contracts, "expected move" figures, scenario descriptions, trigger and invalidation levels, briefs and any similar material are analytical descriptions produced by software from third-party data. They describe conditions; they do not tell you what will happen or what you should do. Past results, whether shown in the Service or anywhere else, do not indicate future results.

You are solely responsible for every trading and investment decision you make, including deciding whether any information from the Service is accurate, current, complete or suitable for your objectives, financial situation, experience and risk tolerance. Before acting on anything, verify it independently and consider consulting a licensed professional. Before trading options you should read the Options Clearing Corporation's Characteristics and Risks of Standardized Options.

4. No Investment, Legal, Tax or Accounting Advice

We do not provide investment, legal, tax or accounting advice, portfolio management, position-sizing guidance or securities recommendations, and nothing in the Service should be read that way. We are not registered as an investment adviser or broker-dealer with the SEC, FINRA or any state regulator, and we do not know your individual circumstances.

7. Market Data and Third-Party Sources

The Service displays and processes data from third parties, including options market data, quotes and related feeds from our licensed market-data vendor; economic statistics, rates, auction schedules, calendars, filings and publications from the U.S. government (the Bureau of Labor Statistics, the Bureau of Economic Analysis, the Department of the Treasury and TreasuryDirect, the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission, the Census Bureau, the Securities and Exchange Commission (EDGAR), the Food and Drug Administration and the White House); rates and market-operations data from the Federal Reserve Bank of New York; study records from ClinicalTrials.gov; map and reference data from the World Bank, the Uppsala Conflict Data Program, OpenStreetMap contributors, Global Energy Monitor, Natural Earth, Wikidata, OurAirports, the U.S. Geological Survey, the Energy Information Administration, the Environmental Protection Agency, the Bureau of Safety and Environmental Enforcement, HIFLD and Oak Ridge National Laboratory, NASA, the National Geospatial-Intelligence Agency and the National Weather Service; and charting software from TradingView (Lightweight Charts™, Apache 2.0). The Licenses page in the Service lists each data source, what the Service uses from it, the license or terms it is offered under and the credit it requires.

None of these organizations is affiliated with, sponsors or endorses the Service or Precision Decision LLC. Data may be delayed, incomplete, unavailable, stale, estimated, revised or wrong; official records are corrected, postponed and withdrawn by their sources. Where the Service labels something as estimated, anticipated or unverified, treat it that way. Registry milestones such as an "estimated primary completion" are a sponsor's anticipated schedule, not an announcement date.

Open data. Some third-party data in the Service is offered by its source under an open license, such as Creative Commons Attribution 4.0, the Open Database License 1.0 or CC0 1.0, or is in the public domain. Data that the Service identifies as open-licensed or public domain, on its Licenses page or beside the data, remains subject only to the terms of its license, or to no license terms if it is in the public domain, and nothing in these Terms, including Section 8, restricts any right you have in that data under its license or because it is in the public domain. Section 8's rules on how you may access the Service, such as its limits on scraping and automated access, still apply. You may not redistribute any other third-party data obtained through the Service.

14. Disclaimer of Warranties

THE SERVICE AND EVERYTHING IN IT ARE PROVIDED "AS IS" AND "AS AVAILABLE", WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, TIMELINESS, COMPLETENESS OR UNINTERRUPTED OR ERROR-FREE OPERATION. WE DO NOT WARRANT THAT ANY OUTPUT IS CORRECT OR THAT ANY TRADE BASED ON IT WILL BE PROFITABLE OR AVOID LOSS. Some jurisdictions do not allow the exclusion of certain warranties, so parts of this section may not apply to you.