These terms govern your use of theoptionsbench.com (the "site"), operated by The Options Bench ("we", "us"). By using the site you agree to these terms. If you do not agree with them, please do not use the site.
Educational use only, not financial advice
Everything on this site - the calculators, guides, course, glossary and explainers - is for general education only. It is not financial, investment, tax or legal advice, and it is not a recommendation to buy, sell or hold any security or to enter any options strategy. We are not a broker, a registered investment adviser, or a financial advisor, and nothing here is tailored to your personal circumstances. Options trading carries a substantial risk of loss and is not suitable for everyone. Do your own research, and consider speaking with a licensed professional before you trade.
The calculators are models, provided "as is"
The calculators are illustrative models that run in your browser. They make simplifying assumptions - they generally exclude commissions, fees, taxes, early assignment, dividends and slippage unless a page says otherwise - so real trade outcomes will differ from what a tool shows. We work hard to get the math right and test it (see how we calculate and our editorial and review policy), but the site and everything on it are provided "as is" and "as available", without warranties of any kind, express or implied - including accuracy, fitness for a particular purpose, or uninterrupted availability. You are responsible for verifying any figure before you rely on it to place a trade.
Limitation of liability
To the fullest extent permitted by law, The Options Bench and its author will not be liable for any loss or damage - including trading losses, lost profits, or indirect or consequential damages - arising from your use of, or reliance on, the site or its content. You use the site and its tools entirely at your own risk.
Advertising and affiliate links
The site is free and funded by advertising, and some pages contain affiliate or referral links. If you open an account or buy through one of those links, we may earn a commission at no extra cost to you. This never changes what you pay and does not influence our editorial coverage - see our editorial and review policy and privacy policy for how ads, cookies and disclosures work.
Intellectual property
The content, design and original calculator code on this site belong to The Options Bench unless otherwise noted. You are welcome to read, share and link to our pages, and to use the calculators for your own personal, non-commercial decisions. Please do not scrape, copy or republish substantial portions of the content, or present our tools as your own, without permission. Where we provide an official embed (a calculator's "embed this calculator" snippet), you may use it as supplied.
Acceptable use
You agree to use the site lawfully and not to interfere with its operation, attempt to breach its security, or use automated means to overload it. The site requires no account and does not store the numbers you type into the calculators - they stay in your browser.
Third-party links
We link to external sites - brokers, references and tools - for your convenience. We do not control and are not responsible for their content, terms or privacy practices.
Changes to these terms
We may update these terms from time to time. The "last updated" date above reflects the latest version, and continued use of the site after a change means you accept the revised terms.
Governing law
These terms are governed by the laws of Singapore, where the site is operated, without regard to its conflict-of-law rules. Nothing here limits any rights you may have under the mandatory consumer-protection laws of your own country.
Contact
Questions about these terms? Email hi@theoptionsbench.com.
This is a plain-language statement of the terms for an educational website and is not itself legal advice. Options trading involves risk of loss.