Terms of Service
Last updated: August 17, 2026
1. Owner and Contact
OptionClaws ("the Service") is operated by VirWare LLC ("VirWare", "we", "us", or "our"). By accessing or using the Service you agree to these Terms of Service ("Terms") and to our End User License Agreement ("EULA"), which is incorporated into these Terms by reference. If you do not agree, do not use the Service. Contact: optionclaws@gmail.com.
2. What You Should Know at a Glance
- OptionClaws is a research and screening tool, not a broker, dealer, or investment advisor.
- Nothing in the Service is financial, investment, legal, or tax advice.
- Options trading involves substantial risk and is not suitable for everyone. You can lose your entire investment, and with certain strategies more than your initial investment.
- Any trade you make based on information from the Service is made entirely at your own risk.
- Market data is supplied by third-party vendors, refreshes on an intraday cadence, may be delayed, and is provided "as is" — neither we nor our vendors guarantee its accuracy, and we assume no responsibility for our calculations derived from it.
- You are solely responsible for your trading decisions.
- Sales, discounts, and promotional prices are offered at our sole discretion and may change or end at any time.
3. Not Financial Advice; No Fiduciary Relationship; Assumption of Risk
The Service provides automated screening, analytics, and educational content about exchange-traded options. All outputs — including scan results, probabilities, projected returns, greeks, and any descriptive text — are generated mechanically from market data and mathematical models. They are not recommendations to buy or sell any security, and no output of the Service takes your personal circumstances into account. VirWare is not registered as an investment advisor, broker-dealer, or commodity trading advisor with any regulatory authority. Using the Service does not create any advisory or fiduciary relationship.
Probabilities and modeled values (such as "probability of profit") are estimates derived from option pricing models. Real outcomes will differ. Past or hypothetical performance never guarantees future results.
You assume all risk of your trading decisions. Any trade you place — whether or not it was surfaced, screened, or analyzed by the Service — is made solely at your own risk and on your own judgment. VirWare bears no responsibility for your trading outcomes or for any losses you incur, and you agree not to hold VirWare responsible for them.
4. Market Data and Calculations
Quotes, greeks, and other market data are supplied by third-party data providers, refresh on an intraday cadence throughout the trading day, may be delayed, and may be inaccurate, incomplete, or interrupted. The Service is not a source of real-time pricing and must not be used as the sole basis for time-sensitive trading decisions. We may change data providers, coverage, or refresh cadence at any time.
Neither VirWare nor its third-party data providers guarantees the timeliness, sequence, accuracy, or completeness of any market data, and neither VirWare nor any data provider shall be liable to you for any delays, inaccuracies, errors, or omissions in market data, its transmission or delivery, or for any damages arising from them. We assume no responsibility for data supplied by our vendors, nor for any calculations, metrics, probabilities, scores, or other values we derive from that data — all of which are provided for informational purposes only and may contain errors. Market data is provided for your personal display and use only and may not be redistributed, republished, or resold.
5. Eligibility
You must be at least 18 years old and legally able to enter into contracts to use the Service. You may not use the Service where prohibited by law or by applicable sanctions programs.
6. Account Registration and Security
You must provide accurate information when creating an account and keep your credentials secure. You are responsible for all activity under your account. Notify us promptly of any unauthorized use.
7. Subscriptions, Trials, Fees, and Taxes
- Paid access is offered as a monthly subscription or an annual subscription, at the prices shown on our pricing page at the time of purchase.
- New accounts receive a free trial (currently 7 days). When the trial ends, access to paid features is suspended until you purchase a plan. No card is required for the trial and nothing is charged automatically.
- Free trials are a discretionary courtesy, not an entitlement. They are limited to one per person. We may change the length or availability of trials, or deny, limit, or revoke a trial at any time, including where we suspect abuse. Creating multiple accounts or using false information to obtain additional free trials is prohibited.
- Subscriptions renew automatically at the end of each billing period until canceled. You can cancel anytime from your account page; access continues through the end of the paid period.
- Prices may change; changes apply to renewals after reasonable notice, never retroactively.
- Payments are processed by Stripe. Displayed prices exclude any applicable taxes, which are your responsibility.
8. Promotions and Discounts
We may offer sales, discounts, coupon codes, or other promotional prices from time to time. All promotions are offered at our sole discretion and may be modified, suspended, or terminated at any time without notice. Promotional prices apply only for the promotional period stated at the time of purchase; unless we say otherwise, subscriptions purchased at a promotional price renew at the then-current standard rate. Promotions have no cash value, cannot be combined unless expressly stated, and do not apply retroactively to prior purchases. We are under no obligation to match past or future pricing.
9. No Refunds
Except where required by law, all payments are final and non-refundable, including partial billing periods. If you believe you were charged in error, contact us within 30 days.
10. Acceptable Use
Your use of the Service is licensed, not sold, and is governed by our End User License Agreement, which sets out the license we grant you, the restrictions on it, and the conduct we expect — including prohibitions on scraping or bulk-exporting data, redistributing market data, sharing or reselling account access, reverse engineering, uploading unlawful or malicious content, creating multiple or fake accounts, circumventing paywalls or trial restrictions, and interfering with the operation or security of the Service. A violation of the EULA is a violation of these Terms.
11. Our Content and Intellectual Property
The Service, including its software, design, text, graphics, and data compilations, is owned by VirWare or its licensors and protected by intellectual-property laws. Your right to use the Service is the limited license described in the EULA and lasts only while you have an account in good standing.
12. Third-Party Services and Links
The Service depends on third-party services (authentication, payments, market data, hosting, analytics) and may link to third-party sites, including brokers. We are not responsible for third-party services or content, and your use of them is governed by their own terms.
13. Fraud Prevention
We take fraud and abuse seriously. We may use automated systems and manual review to detect fraudulent, abusive, or suspicious activity, including trial abuse, payment fraud, account sharing, and scraping. We may require verification of your identity or payment method, and we may decline, limit, suspend, or close accounts and transactions where we suspect fraud or abuse, without liability to you.
14. Changes to the Service
We may add, modify, or remove features at any time. We will not materially reduce the core functionality of an active paid plan during a period you have already paid for without offering a remedy.
15. Termination and Suspension
You may stop using the Service and delete your account at any time. We may suspend or terminate your account or access to the Service at any time, for any reason or for no reason, with or without notice, including for breach of these Terms or the EULA, suspected fraud or abuse (including free-trial abuse or chargebacks), risk to the Service or other users, or where required by law. If we terminate your account for breach, you are not entitled to any refund for the remainder of your billing period. If we terminate a paid account without cause, our sole obligation is to refund the prorated unused portion of any prepaid fees. On termination your license under the EULA ends and we may delete your account data in accordance with our Privacy Policy. Sections that by their nature should survive termination (including Sections 3, 4, 9, 11, and 16–20) survive.
16. Disclaimer of Warranties
THE SERVICE AND ALL DATA AND CONTENT ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR THAT DATA WILL BE ACCURATE, COMPLETE, OR CURRENT.
17. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, VIRWARE AND ITS OFFICERS, MEMBERS, EMPLOYEES, AGENTS, AND DATA PROVIDERS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY TRADING LOSSES, LOST PROFITS, OR LOST DATA, ARISING FROM OR RELATED TO YOUR USE OF THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS SHALL NOT EXCEED THE GREATER OF $100 OR THE AMOUNTS YOU PAID US IN THE TWELVE MONTHS BEFORE THE CLAIM AROSE. Some jurisdictions do not allow certain limitations, so some of the above may not apply to you.
18. Indemnification
You agree to indemnify and hold harmless VirWare from claims, damages, and expenses (including reasonable attorneys' fees) arising from your use of the Service, your trading decisions, or your violation of these Terms or the EULA.
19. Dispute Resolution; Arbitration; Class-Action Waiver
Please read this section carefully — it affects your legal rights.
Informal resolution first. Before filing a claim, you agree to contact us at optionclaws@gmail.com and give us 30 days to try to resolve the dispute informally.
Binding arbitration. Any dispute, claim, or controversy arising out of or relating to these Terms, the EULA, or the Service that is not resolved informally shall be resolved by binding individual arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, rather than in court. The Federal Arbitration Act governs the interpretation and enforcement of this section. The arbitrator has exclusive authority to resolve disputes about the interpretation or enforceability of this arbitration agreement. Arbitration will be conducted in English, by videoconference or, if an in-person hearing is required, in the county where you reside or another mutually agreed location. Each party bears its own attorneys' fees except where the applicable rules or law provide otherwise.
Small-claims carve-out. Either party may instead bring an individual claim in small-claims court if it qualifies. Either party may also seek injunctive or other equitable relief in court for infringement or misuse of intellectual-property rights, or for unauthorized access to or abuse of the Service.
Class-action and jury-trial waiver. All disputes must be brought in the parties' individual capacity, and not as a plaintiff or class member in any purported class, collective, consolidated, or representative proceeding. The arbitrator may not consolidate claims or preside over any form of representative proceeding. You and VirWare each waive the right to a trial by jury. If the law of your jurisdiction does not permit waiver of claims for public injunctive relief, then to that extent such claims may be pursued in court, severed and stayed pending arbitration of all arbitrable claims; this class-action waiver otherwise remains in full effect. If the class-action waiver is found unenforceable as to a particular dispute, then that dispute (and only that dispute) shall proceed in court rather than arbitration.
30-day opt-out. You may opt out of this arbitration agreement by emailing optionclaws@gmail.com within 30 days of first creating your account, with your account email and a clear statement that you wish to opt out of arbitration. Opting out does not affect any other part of these Terms.
20. Governing Law and Venue
These Terms are governed by the laws of the State of California, without regard to conflict-of-law principles. For any dispute not subject to arbitration, you and VirWare consent to the exclusive jurisdiction and venue of the state and federal courts located in California.
21. Changes to These Terms
We may update these Terms from time to time. Material changes will be announced by updating the date above and, where appropriate, by additional notice in the Service. Continued use after changes take effect constitutes acceptance.
22. Miscellaneous
If any provision of these Terms is found unenforceable, the remainder stays in effect. Our failure to enforce a provision is not a waiver. These Terms, together with the End User License Agreement and the Privacy Policy, are the entire agreement between you and VirWare regarding the Service. If the EULA and these Terms conflict, these Terms control. You may not assign these Terms; we may assign them in connection with a merger, acquisition, or sale of assets.