Options are among the riskiest instruments available to a retail investor. Most people who trade them lose money. You should not subscribe with capital you cannot afford to lose entirely.
What can happen to an options position
An option can expire worthless. This is not an edge case — it is the normal outcome for a large proportion of the positions any options trader takes, including successful ones. A position can go to zero in a single session, and a position that is profitable in the morning can be worthless by the close.
Options lose value simply because time passes, even when the underlying does not move against you. A position that is merely right too slowly still loses.
Markets gap. A position can open far below where it closed, past any level at which you or the software would have exited. No stop, floor or rule can prevent this.
What the research is, and is not
The research describes filings, positioning and what a trading desk has done. It is published for information. It is not a recommendation, it is not tailored to you, and it does not consider your circumstances.
The desk's record — the number of positions, the proportion closed profitably, the proportion that exceeded a given gain — describes what has already happened. It is not a projection. It is not a promise. It is not a representation of what you will earn.
Your results will differ from the desk's. Your entry price will differ, your size will differ, your account will differ, and your timing will differ. Following the same positions does not produce the same outcome.
What the software can and cannot do
The software places orders and manages positions according to rules. It cannot predict the market, cannot guarantee a fill, and cannot protect you from a gap.
It depends on your computer being awake, your internet connection working, your broker being reachable, and our servers being available. Any of these can fail. When they do, positions may go unmanaged until the problem is resolved.
All software carries the possibility of error, interruption or unexpected behaviour, and ours is no exception. It is provided as it is, without warranty of any kind. We do not accept responsibility for any loss arising from its operation or from its failure to operate.
You should monitor your account rather than assume it is being handled for you. The positions in it are yours, and so is the responsibility for them.
Position sizing is your decision
You choose what proportion of your account the software may use and how large each position is. Those settings determine how much you can lose. We provide defaults; we do not know your circumstances and cannot judge what is appropriate for you.
If you are unsure
Take advice from someone licensed to give it. We are not, and we cannot tell you whether this is suitable for you.