Risk Disclaimer

1. Nature of Our Services

Daily Grind Trading LLC ("DGT", "we", "us", "our") is a Delaware limited liability company that provides educational content, market commentary, and entertainment related to options trading and financial markets. We are NOT a registered investment advisor, broker-dealer, or financial institution.

2. Options Trading Risks

2.1 Fundamental Risks

2.2 Specific Options Risks

• Time Decay (Theta): Options lose value as expiration approaches, even if the underlying stock price remains unchanged. This decay accelerates in the final weeks before expiration.
• Implied Volatility Risk: Changes in market volatility can significantly impact option prices, sometimes causing losses even when your directional prediction is correct.
• Liquidity Risk: Some options may have wide bid-ask spreads or low trading volume, making it difficult to enter or exit positions at favorable prices.
• Assignment Risk: Short option positions may be assigned at any time, potentially resulting in substantial losses or margin requirements.
• Gap Risk: Overnight or weekend news can cause significant price gaps, potentially causing options to lose substantial value or expire worthless.
• Complex Strategy Risk: Multi-leg options strategies involve additional risks including execution risk, early assignment, and difficulty in closing positions.

2.3 Market Risks

• Market volatility can cause rapid and substantial losses
• Economic events can dramatically affect option values
• Earnings announcements and corporate actions create uncertainty
• Regulatory changes can impact market conditions
• Geopolitical events can cause market disruption

3. Educational Content Disclaimer

3.1 Trading Alerts and Signals

Our trading alerts and signals are educational examples of potential trading opportunities. They are NOT:

• Personalized recommendations for your specific situation
• Guarantees of profitable trades
• Suitable for all investors or risk tolerances
• Timing advice for entry or exit points
• Position sizing recommendations for your portfolio

3.2 Performance Data and Results

Any performance data, trading results, or profit/loss information displayed:

• Represents past performance, which does not guarantee future results
• May include hypothetical or simulated results
• Does not account for transaction costs, slippage, or market impact
• May not reflect real-world trading conditions
• Should not be considered typical or expected results
• May be subject to survivorship bias or cherry-picking

4. Regulatory and Legal Disclaimers

4.1 Not a Registered Investment Advisor

Daily Grind Trading LLC is not registered as an investment advisor with the SEC, any state securities regulator, or any other regulatory authority. We do not provide investment advice or manage client assets. We are not subject to the fiduciary duties or regulatory oversight applicable to registered investment advisors.

4.2 CFTC Risk Disclosure

In accordance with CFTC regulations, we must inform you that:

• Commodity futures and options trading involves substantial risk of loss
• You should carefully consider whether such trading is suitable for you
• You should not engage in trading unless you understand the risks
• You should not trade with money you cannot afford to lose

4.3 SEC and State Regulations

Securities trading is subject to SEC and state securities regulations. We encourage you to:

• Verify the registration status of any investment professional you work with
• Understand the regulatory protections available to you
• Report any suspected fraud or misconduct to appropriate authorities
• Consult with licensed professionals for personalized advice

5. Suitability and Investor Qualifications

5.1 Options Trading Suitability

Options trading is not suitable for all investors. Before trading options, consider whether you:

• Have sufficient investment experience and knowledge
• Understand the risks and mechanics of options trading
• Have adequate financial resources to bear potential losses
• Can afford to lose your entire investment
• Have appropriate risk tolerance for speculative investments
• Have sufficient time to monitor your positions

5.2 Minimum Age and Legal Requirements

Our services are intended only for individuals who:

• Are at least 18 years of age
• Have legal capacity to enter into financial transactions
• Are legally permitted to trade securities in their jurisdiction
• Comply with all applicable laws and regulations

6. Risk Management and Best Practices

6.1 Essential Risk Management

Before engaging in options trading, implement proper risk management practices:

• Position Sizing: Never risk more than you can afford to lose on any single trade
• Diversification: Don't put all your capital into options or a single strategy
• Stop Losses: Set predetermined exit points to limit losses
• Education: Continuously educate yourself about options and market dynamics
• Paper Trading: Practice with simulated trades before risking real money
• Professional Advice: Consult with qualified financial professionals

6.2 Broker Selection and Account Management

Choose a reputable, regulated broker and:

• Understand all fees and commissions
• Ensure adequate account funding for margin requirements
• Familiarize yourself with the trading platform
• Understand order types and execution procedures
• Monitor positions regularly

7. Limitation of Liability and Indemnification

7.1 Complete Disclaimer of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, DAILY GRIND TRADING LLC, ITS OWNERS, OFFICERS, EMPLOYEES, AGENTS, AND AFFILIATES SHALL NOT BE LIABLE FOR:

• Any trading losses or investment losses of any kind
• Missed opportunities or failed trades
• Errors or omissions in content or analysis
• Technical failures or service interruptions
• Reliance on our educational content or alerts
• Any direct, indirect, incidental, or consequential damages

7.2 User Acknowledgment and Responsibility

By using our services, you acknowledge and agree that:

• You are solely responsible for all trading decisions
• You will not hold us liable for any trading losses
• You understand the risks involved in options trading
• You will conduct your own research and due diligence
• You will seek professional advice when appropriate

8. International Users and Jurisdictional Issues

Our services are provided from the United States and are intended primarily for US residents. International users should be aware that:

• Local laws and regulations may restrict or prohibit options trading
• Tax implications may vary by jurisdiction
• Regulatory protections may not apply
• Currency exchange risks may apply
• You are responsible for compliance with local laws

9. Technology and Data Risks

Technology-related risks include:

• System failures or outages that may prevent trading
• Data delays or inaccuracies in market information
• Cybersecurity risks and potential data breaches
• Internet connectivity issues affecting access
• Mobile app or platform malfunctions

10. Updates to This Disclaimer

We may update this Risk Disclaimer from time to time to reflect changes in regulations, our services, or risk factors. Material changes will be communicated through our website and services. Your continued use of our services after any changes constitutes acceptance of the updated disclaimer.

11. Contact Information and Complaints

If you have questions about this Risk Disclaimer or need to report concerns:

For regulatory complaints or concerns, you may also contact:

• Securities and Exchange Commission (SEC): www.sec.gov
• Commodity Futures Trading Commission (CFTC): www.cftc.gov
• Financial Industry Regulatory Authority (FINRA): www.finra.org
• Your state securities regulator