Risk Disclosure Statement

Market Volatility: Financial markets can be extremely volatile. Prices can move rapidly in either direction, resulting in significant gains or losses in short periods of time.

Leverage Risk: Trading on margin or using leveraged products can amplify both gains and losses. You may lose more than your initial investment.

Liquidity Risk: Some securities may have limited liquidity, making it difficult to enter or exit positions at desired prices.

Systemic Risk: Market-wide events, economic conditions, or regulatory changes can affect all securities regardless of individual company performance.

Options are complex instruments that require understanding of various factors including time decay, implied volatility, and the Greeks (Delta, Gamma, Theta, Vega, Rho).

Time Decay (Theta): Options lose value as they approach expiration, even if the underlying security doesn't move. This time decay accelerates as expiration approaches.

Volatility Risk: Changes in implied volatility can significantly impact option prices, sometimes more than price movements in the underlying security.

Assignment Risk: Short option positions can be assigned at any time, potentially resulting in unexpected stock positions and margin requirements.

Unlimited Loss Potential: Certain options strategies (such as naked calls) carry unlimited loss potential. Always understand your maximum risk before entering a trade.

Before trading options, you should read the Characteristics and Risks of Standardized Options published by The Options Clearing Corporation.

TAonTap provides trading tools, indicators, and educational content for informational purposes only. We make no guarantees, representations, or warranties regarding:

• The accuracy, completeness, or timeliness of any information
• The performance or profitability of any trading strategy or indicator
• The suitability of any tool or strategy for your individual circumstances
• Future market performance or trading results

Past performance is not indicative of future results. Historical data, backtests, and hypothetical results do not guarantee future performance and may not reflect actual trading conditions.

TAonTap is not a registered investment advisor, broker-dealer, or financial institution. Nothing on this platform constitutes financial, investment, tax, or legal advice. All content is for educational and informational purposes only.

You should consult with a licensed financial advisor, tax professional, or attorney before making any investment decisions. Consider your individual financial situation, risk tolerance, and investment objectives.

By using TAonTap, you acknowledge and agree that:

• You are solely responsible for all trading decisions and their outcomes
• You understand the risks involved in trading financial instruments
• You will only trade with capital you can afford to lose
• You will conduct your own research and due diligence
• You will not rely solely on TAonTap tools or information for trading decisions
• You are 18 years of age or older and legally able to trade in your jurisdiction

To the maximum extent permitted by law, TAonTap and its affiliates, officers, directors, employees, and agents shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from:

• Your use of or inability to use the platform
• Any trading losses or investment decisions
• Errors, inaccuracies, or omissions in any content or data
• Interruptions or delays in service
• Any third-party content or services