Financial Disclaimer

Last Updated: 3/3/2026

High Risk Investment Warning

Trading options involves significant risk and is not suitable for all investors. You can lose some, all, or even more than your initial investment. Prior to buying or selling an option, you must read a copy of Characteristics and Risks of Standardized Options.

1. Not Financial Advice

The information, tools, analytics, and content provided by SchwabOptionsAce are for educational and informational purposes only. Nothing contained within the Service constitutes investment advice, financial advice, trading advice, or any other sort of advice. We are not a registered broker-dealer, investment advisor, or financial planner. You should not make any financial, investment, or trading decision based solely on the information provided by our platform.

2. Performance and Results

Past performance is not necessarily indicative of future results. Any performance results, backtests, or simulated trades shown on our platform or in our marketing materials are hypothetical and do not represent actual trading results in real-world market conditions. Simulated results do not account for liquidity constraints, slippage, commissions, and other market factors.

3. Tool Accuracy and Market Data

While we strive to provide accurate data and calculations (including Options Greeks, profitability projections, and market prices), we cannot guarantee their absolute accuracy, timeliness, or completeness. Market data may be delayed depending on your subscription tier and connected brokerage. You are entirely responsible for verifying any data and calculations before originating a trade.

4. Automation and Execution Risks

If you utilize SchwabOptionsAce's automation or order execution tools connected to your brokerage, you do so entirely at your own risk. System failures, network outages, API instability from the connected brokerage, or bugs in our software could result in unintended trades, missed executions, or duplicate orders. It is your responsibility to actively monitor your brokerage account to ensure trades are executed precisely as intended.

5. Independent Verification

We strongly recommend that you consult with a qualified financial advisor, tax professional, and legal counsel before making any significant financial decisions or engaging in options trading. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content on SchwabOptionsAce before making any decisions based on such information.