1. High-Risk Investment Warning
Options trading involves substantial risk and is not suitable for all investors. The Leveraged Wheel's automated trading strategies can result in significant losses. Before using our service, you should:
- Carefully consider your investment objectives, level of experience, and risk appetite
- Be prepared to lose some or all of your investment capital
- Only trade with funds you can afford to lose without affecting your lifestyle
- Understand all the risks associated with options trading and margin requirements
2. No Investment Advice
The Leveraged Wheel is an automated trading platform, not an investment advisor. We do not:
- Provide personalized investment advice
- Guarantee trading profits or returns
- Make specific investment recommendations
- Consider your individual financial situation or investment goals
3. Automated Trading Risks
Our automated trading systems carry specific risks that you must understand and accept:
- Technical failures or bugs may cause unintended trading actions
- Internet connectivity issues may affect trade execution timing
- Market conditions may change faster than the system can respond
- Trading algorithms may not perform as expected in all market conditions
- System upgrades or maintenance may affect trading performance
4. Strategy-Specific Risks
The Wheel Strategy
- Risk of stock assignment at prices above current market value
- Potential for significant losses in declining markets
- Limited upside potential due to covered call writing
Poor Man's Covered Calls
- LEAPS options can expire worthless, resulting in total loss of premium paid
- Complex position management may be required during market volatility
- Higher sensitivity to time decay and volatility changes
Credit Spreads
- Defined but potentially significant risk if price moves beyond spread width
- Early assignment risk on short options
- Limited profit potential relative to maximum loss
5. Market Risks
Trading results can be affected by various market factors beyond our control:
- Market volatility and gaps
- Economic events and news
- Interest rate changes
- Political events
- Changes in regulatory environment
6. Past Performance
Past performance of our trading strategies is not indicative of future results. Backtest results and historical performance data have inherent limitations and do not guarantee similar future performance.
7. Technical Requirements
You are responsible for maintaining:
- Stable internet connection
- Updated trading platform access
- Sufficient account funding
- Proper account permissions for options trading
8. Acknowledgment
By using The Leveraged Wheel, you acknowledge that you have read, understood, and accept all the risks outlined in this disclaimer. You agree to assume full responsibility for your trading decisions and understand that we cannot guarantee specific trading outcomes.
9. Seek Professional Advice
We strongly recommend consulting with a licensed financial advisor, tax professional, and/or legal counsel before engaging in options trading or using our automated trading services.