Disclaimer

1. No Financial or Investment Advice

The content provided on this website, including all posts, trades, charts, articles, and subscription materials, is for informational and entertainment purposes only.

The Underdog Day Trader and Jim Clark are not licensed securities brokers, dealers, financial advisors, investment analysts, or tax professionals. We do not provide personalized investment recommendations, financial advice, or tax guidance.

 

2. Not a Solicitation to Buy or Sell

 The trades posted on this website are the personal trades of Jim Clark, made solely in his personal trading account. They are shared as examples of the trading methodology described. They do not constitute a solicitation, recommendation, or offer to buy or sell any securities, including but not limited to 0DTE vertical credit spreads in the SPX or RUT.

 

3. High Risk Warning (Trading)

 Trading in securities, particularly options and strategies involving leverage like 0DTE vertical credit spreads, involves a high degree of risk. You can lose a substantial amount of money, potentially more than your initial investment.

  • Risk of Loss: The maximum loss on a five-point credit spread is $500 per contract (less the premium earned). However, rapid, significant, or unexpected market movements can occur, and losses beyond the intended maximum can happen, especially in volatile market conditions.
  • Past Performance: Any past performance displayed or discussed on this website is not indicative of future results. There is no guarantee that any person using the information provided will achieve profits or avoid losses.

 

4. Seek Professional Advice

You should consult with a qualified financial, investment, or tax professional before making any investment or trading decisions. All trading decisions, strategies, and execution are the sole responsibility of the individual subscriber. By using this website, you acknowledge that you are responsible for your own financial decisions and outcomes.

 

5. Tax Implications (Section 1256)

The trades discussed may be subject to specific U.S. tax treatment under IRS Section 1256. The mention of this section is for informational purposes only. It is the user’s sole responsibility to consult with a qualified tax advisor regarding the tax implications of their own trading activities.