Risk Disclosure

Version: 2026-05-draft Reference: Assistatron End User Agreement, Section 9

---

Options trading involves significant risk of loss and is not suitable for all investors. You may lose more than your initial investment. Read this disclosure in full before using Assistatron.

Options trading is high risk

Iron condors and other multi-leg options strategies involve complex risk profiles. While iron condors are defined-risk strategies, the maximum loss on a position can be substantially larger than the premium received. Market conditions — including sudden volatility spikes, gaps at open, and illiquid strikes — can cause losses to materialise faster than anticipated.

Past performance of any strategy, including iron condors with disciplined management, is not indicative of future results. Statistical win rates cited on the website or by AI assistants reflect historical backtests and third-party research under specific market conditions. They do not guarantee any particular outcome.

Key Risks

• Total loss of allocated capital — You may lose the entire amount allocated to a single trade.
• Early assignment — American-style options can be assigned before expiration, creating unexpected positions.
• Market gaps — Overnight, weekend, or event-driven gaps can breach spread wings beyond the defined max loss.
• Liquidity risk — Wide bid-ask spreads can increase slippage on entry and exit.
• Volatility risk — IV crush or expansion can move positions against you rapidly.
• Execution risk — Orders may not fill at expected prices, especially in fast-moving markets.

Execution-only platform

Assistatron is an execution-only platform. It provides analysis tools, infrastructure, and AI-assisted decision support. It does not provide:

• Financial advice
• Investment recommendations
• Managed investment services
• Portfolio management

Nothing on this platform, in its documentation, or communicated by any AI agent connected to it should be construed as a recommendation to buy or sell any security.

All decisions are yours

Every trade executed through Assistatron requires your explicit confirmation. The platform is architected so that no position can be opened, rolled, or closed without a deliberate confirmation step taken by you, the human user.

AI agents connected via MCP can surface trade candidates, run analysis, and propose entries, but they cannot execute without your approval. This is enforced at the protocol level.

If you connect a third-party AI agent (Claude, ChatGPT, Gemini, Grok, or any other), that agent acts on your behalf under your instruction. You are responsible for the instructions you give your AI and for confirming or rejecting the trades it proposes.

AI agents may produce incorrect analysis, misinterpret your instructions, or propose suboptimal trades. The platform's risk gate enforces hard limits on trade parameters, but no technology is infallible.

Your money is not held by Assistatron

Assistatron does not hold, custody, or manage your funds at any point. All trade execution and fund custody is handled by your brokerage partner. Your brokerage account is with your linked broker. Assistatron connects to your broker on your behalf via OAuth to submit orders that you have confirmed. Assistatron never has custody of your funds and cannot withdraw or transfer money from your account.

Your Acknowledgement

By acknowledging this disclosure, you confirm that:

1. You understand the risks of options trading as described above.
2. All trading decisions are yours alone.
3. Assistatron does not provide financial advice.
4. You are trading with capital you can afford to lose.