Terms of Service

Last updated: April 15, 2026

Read this first. GammaTrends is an analytics tool, not a financial advisor. Nothing we publish is investment advice, a recommendation to buy or sell any security, or a solicitation. Trading options involves substantial risk and you can lose more than you invest. You are responsible for your own decisions.

These Terms of Service (“Terms”) govern your access to and use of GammaTrends (“the Service”, “we”, “us”). By creating an account or using the Service, you agree to these Terms. If you don’t agree, don’t use the Service.

1. What GammaTrends is

GammaTrends is a decision-support analytics tool for options traders. It ingests publicly available option-chain data, computes gamma-exposure and related positioning metrics using deterministic rules, and produces structured “trade cards” summarizing market condition, key levels, setup, and invalidation criteria. The paid tier adds an AI-generated pre-market briefing (powered by Anthropic’s Claude) that translates the deterministic signals into plain-language commentary. The free tier includes a weekly positioning newsletter.

What you are paying for is the interpretation, not the raw quotes. The rule engine, the wall-detection math, the session-trade lock, the AI briefing, and the editorial framing are the product. The underlying option-chain data is a commodity and is separately available free of charge from the source exchange.

2. Data source, freshness, and real-time disclaimer

  • All signals on the Service are derived from 15-minute delayed exchange data sourced from CBOE’s public delayed-quotes endpoint. We do not redistribute real-time market data feeds. We do not hold a real-time redistribution license with OPRA, CBOE, CTA, or any other exchange.
  • If you need real-time quotes for trade execution, you must use your own brokerage account, which will have its own licensed real-time market data subscription.
  • The “Live” labeling on trade cards refers to the minute-by-minute refresh cadence of our analytics pipeline, not to real-time exchange data. Every card and idea is derived from a 15-minute delayed source and is clearly badged as such in the UI.
  • Because the data is delayed, the Service is designed around positioning analysis that stays valid over minutes-to-hours timeframes (gamma walls, session trades locked at the open, daily outlooks). It is not a scalping tool and must not be used as one.
  • You agree not to scrape, cache, or redistribute the data feed or the derived signals. Your license to use the Service is for personal decision-support only.

3. Not financial advice

This is the most important section. Read it twice.

  • GammaTrends does not provide investment, tax, legal, or accounting advice. We are not a registered investment advisor, broker-dealer, or financial institution.
  • Every output — trade cards, levels, setups, newsletters, dashboard elements — is generated by deterministic rules applied to public market data. It is analytics, not a recommendation, and it is not tailored to your personal financial situation, risk tolerance, or objectives.
  • Options trading carries substantial risk of loss and is not suitable for every investor. You can lose your entire investment or more. Past performance of any strategy, rule, or signal does not guarantee future results.
  • Before acting on anything you see here, consult a licensed financial advisor or tax professional and read the relevant risk disclosures (including the OCC’s Characteristics and Risks of Standardized Options).
  • You are solely responsible for your trading decisions and their consequences. Do not rely on GammaTrends as the only input to a trade.

4. Eligibility

You must be at least 18 years old and legally able to enter into a binding contract in your jurisdiction. You must not be barred from using the Service under applicable law or subject to sanctions.

5. Account and security

  • You are responsible for keeping your sign-in credentials (and any Google account linked to them) secure. Notify us immediately through our contact page if you suspect unauthorized access.
  • One account per person. Don’t share your account or resell access.
  • We may suspend or terminate accounts that violate these Terms or that appear to be automated abuse.

6. Subscriptions and billing

  • The paid tier is a recurring subscription billed through Stripe. The current price and cadence are shown on the pricing page. By subscribing, you authorize us (via Stripe) to charge your payment method on each billing cycle until you cancel.
  • You can cancel any time from your account billing page. Cancellation takes effect at the end of the current billing period; you keep access until then.
  • Unless we explicitly say otherwise, subscription fees are non-refundable. If you believe you were charged in error, reach out through our contact page and we’ll look into it.
  • We may change prices with at least 30 days’ notice. Price changes apply to the next billing cycle after the notice period; you can cancel before the new price takes effect.
  • Taxes, where applicable, are your responsibility unless we state otherwise.

7. Acceptable use

You agree not to:

  • Scrape, mirror, or redistribute the Service’s output (trade cards, signals, newsletter content) without our written permission.
  • Reverse engineer, decompile, or attempt to extract the rule logic of the signal engine.
  • Use the Service to build a competing product or train a machine learning model on our output.
  • Circumvent rate limits, authentication, or billing controls.
  • Upload, post, or transmit anything unlawful, infringing, or harmful.
  • Use the Service in a way that interferes with other users or degrades reliability for anyone.

8. Intellectual property

The Service, its rule engine, its written content, and its UI are owned by GammaTrends and protected by copyright and other intellectual property laws. We grant you a limited, revocable, non-exclusive, non-transferable license to use the Service for your own personal, non-commercial trading decisions while your account is in good standing. Nothing in these Terms transfers ownership to you.

You may reference our outputs in your personal notes, journal, or screenshots. You may not republish them, aggregate them into a competing feed, or pass them off as your own analysis.

9. Third-party data and services

We rely on third-party data sources (CBOE’s public delayed option-chain endpoint, Yahoo Finance RSS for market headlines, FRED for economic calendar data) and infrastructure vendors (Stripe, Railway, Resend, Anthropic Claude API, Google OAuth). We do not control those services and we cannot guarantee their uptime or data accuracy. If a provider goes down, the Service may degrade or stop updating until the provider recovers.

The AI pre-market briefing is generated by Anthropic’s Claude language model based on our deterministic signals. AI-generated content can contain errors, hallucinations, or omissions. You must read the briefing critically and verify everything against the underlying levels and your own analysis before acting on it.

10. No warranty

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT THE DATA OR SIGNALS WILL BE ACCURATE, TIMELY, OR PROFITABLE.

11. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, GAMMATRENDS AND ITS AFFILIATES, OFFICERS, EMPLOYEES, AND CONTRACTORS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOST PROFITS, LOST TRADING GAINS, OR TRADING LOSSES, WHETHER INCURRED DIRECTLY OR INDIRECTLY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICE.

OUR TOTAL LIABILITY FOR ANY CLAIM ARISING OUT OF OR RELATING TO THE SERVICE WILL NOT EXCEED THE AMOUNT YOU PAID US IN THE TWELVE MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR USD $100, WHICHEVER IS GREATER.

12. Indemnification

You agree to defend, indemnify, and hold harmless GammaTrends from and against any claims, damages, liabilities, and expenses (including reasonable legal fees) arising out of your use of the Service, your breach of these Terms, or your violation of any law or the rights of a third party.

13. Termination

You can stop using the Service and delete your account at any time. We can suspend or terminate your access at any time, with or without notice, if you breach these Terms, if we are required to by law, or if we discontinue the Service. Sections that by their nature should survive termination (including disclaimers, limitation of liability, and indemnification) will survive.

14. Changes to the Terms

We may update these Terms from time to time. Material changes will be announced by email and/or an in-app notice at least 14 days before they take effect. Continuing to use the Service after the effective date means you accept the new Terms.

15. Governing law

These Terms are governed by the laws of the jurisdiction where GammaTrends is operated, without regard to conflict-of-law principles. Any dispute not resolved informally will be handled in the courts of that jurisdiction, and you agree to submit to their exclusive jurisdiction.

16. Contact

Questions about these Terms? Reach us through our contact page. For privacy questions specifically, see our Privacy Policy.