O.R.S.

O.R.S. ("Options Richter Scale"), operated by Bullseye Capital LLC ("Bullseye," "we," "us," or "our"), is an informational and data-analytics tool. As used in this Disclaimer & Terms of Use, "O.R.S." and "the Service" mean the website together with every other way we make O.R.S. data available to you — including third-party delivery channels like our Discord bot and any push (DM/alert) or pull (on-demand query) feature it offers, whether existing today or added later. Nothing on the Service, in our emails, in a Discord message, or in any other communication from us constitutes investment, financial, tax, or legal advice, or a recommendation to buy, sell, hold, or otherwise transact in any security, option, or other financial instrument. O.R.S. surfaces and categorizes publicly observable options order-flow data by statistical magnitude — it does not tell you what to trade, regardless of whether you view it on the site or receive it through a third-party delivery channel.

Bullseye Capital LLC is not a registered investment adviser, broker-dealer, or financial planner, and nothing about your use of O.R.S. creates an advisory, fiduciary, or other special relationship between you and Bullseye. We do not know your financial situation, investment objectives, risk tolerance, or portfolio, and we do not provide advice tailored to your individual circumstances. Any decision to act on information displayed on this site is made entirely independently by you. Configuring alert filters or running queries — including through third-party delivery channels like our Discord bot, by ticker, magnitude, contract type, notional size, or any other field we offer — only changes which already-public O.R.S. data is shown or sent to you. It is your own technical configuration of generally available data, not advice from us, and Bullseye does not select, curate, or recommend any individual trade to you.

O.R.S. assigns each surfaced options trade a magnitude — from M9.0 ("Tectonic") down through M7.0 ("Major"), M5.0 ("Quake"), M3.0 ("Tremor"), and M1.0 ("Rumble") — based on how statistically unusual that trade's size is relative to historical baselines and open interest for the underlying security. These labels describe the rarity of a transaction's size. They are not predictions, ratings, recommendations, or signals of future price movement. A "Tectonic" trade carries no implication about whether the underlying security will rise, fall, or do anything at all. Past flow, regardless of magnitude, does not predict future price movement. This is true everywhere a magnitude label appears, including in a third-party delivery channel query result.

O.R.S. data may also reach you through other data-delivery services, APIs, or bots we operate or integrate with for that purpose — i.e. Discord, and any additional channels we add later — including direct-message ("push") alerts based on filters you configure, such as ticker, minimum magnitude, contract type, or notional size, and on-demand ("pull") queries you run through that channel's own commands or interface. As explained in Section 2, configuring a filter only changes which already-public O.R.S. data is sent to you; Bullseye does not choose, curate, or recommend specific trades for any individual user. Every disclaimer in this document applies in full to data you receive through any such channel exactly as if you had viewed it on the website, including that magnitude labels are not signals (Section 3) and carry no warranty as to accuracy or timeliness (Section 5).

Where a delivery channel is operated by a third party — for example, Discord, which is operated by Discord Inc., a company independent of and not affiliated with Bullseye — your use of that platform is governed by its own Terms of Service and Privacy Policy, which we do not control and are not responsible for. We do not guarantee that any alert will be delivered, delivered without delay, delivered only once, or delivered at all — third-party platform outages, rate limits, your own privacy or notification settings on that platform (such as disabling DMs from server members on Discord), bot or service downtime, and other factors outside our control can delay, duplicate, or prevent delivery. Do not rely on an alert from Discord or any other delivery channel as your sole or timely source of information about any trade.

Linking your account on a third-party delivery channel — such as your Discord account — to your Bullseye account shares limited information between the two systems, generally your user ID and username on that channel, your link status, and the filters you configure, solely to authenticate you and deliver the data you've requested. You are responsible for the security of your own account on any channel you link, and for any authentication code you generate; codes are short-lived and should not be shared with anyone. We may suspend, modify, or discontinue any delivery channel, including our Discord integration, or any feature or command within it, at any time without notice (see Section 11).

Market data displayed on O.R.S. — including options pricing, volume, open interest, and underlying security prices — is sourced from third-party data providers, including Polygon.io, and other inputs we believe to be reliable. We label data as "live" only when it reflects a real, currently-flowing market data feed; we do not present simulated, sample, or placeholder data under a "live" label. That said, third-party data feeds can be delayed, incomplete, interrupted, or contain errors that are outside our control, and statistical baselines are calculated from historical data that may not reflect future market conditions. We make no warranty, express or implied, as to the accuracy, completeness, timeliness, or reliability of any data displayed, and we disclaim all warranties of merchantability, fitness for a particular purpose, and non-infringement with respect to that data.

Trading options involves substantial risk of loss and is not suitable for every investor. Options can expire worthless, and you can lose your entire investment in a position — in some cases more than your initial investment. By using O.R.S., you acknowledge and agree that you are solely responsible for evaluating the merits and risks of any trade you make, that you assume full responsibility for any and all trading decisions and their outcomes, and that Bullseye has no role in, and bears no responsibility for, those decisions.

Nothing on O.R.S., including any historical tracking of previously surfaced trades, is a guarantee or representation about future results. Statistical rarity is not a forecast. Reviewing how a past "Tectonic" or "Major" trade performed does not indicate how any current or future trade carrying the same classification will perform.

To the fullest extent permitted by applicable law, Bullseye Capital LLC and its officers, employees, and agents will not be liable for any direct, indirect, incidental, consequential, special, exemplary, or punitive damages — including without limitation lost profits, lost trading opportunities, or trading losses of any kind — arising out of or relating to your access to or use of, or inability to access or use, O.R.S., regardless of the legal theory asserted (contract, tort, negligence, strict liability, or otherwise), even if Bullseye has been advised of the possibility of such damages. Where applicable law does not permit the exclusion of certain damages, Bullseye's aggregate liability to you for all claims arising from your use of O.R.S. will not exceed one hundred dollars ($100).

You agree to indemnify, defend, and hold harmless Bullseye Capital LLC and its officers, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or in any way connected with your trading activity, your violation of these terms, your misuse of O.R.S., or your misuse of any third-party account you link (such as your Discord account) or any link/authentication code in connection with O.R.S.

O.R.S. incorporates market data licensed or obtained from third-party providers, including Polygon.io, and is in part delivered through third-party platforms, including Discord, as described in Section 4. We are not responsible for the accuracy of third-party data or the availability of third-party platforms, and your use of that data or those platforms may also be subject to the provider's own terms. Links to third-party sites — including our social channels — are provided for convenience only; we do not control and are not responsible for third-party content.

We do not guarantee that O.R.S. will be available on an uninterrupted, timely, secure, or error-free basis. We may modify, suspend, or discontinue any part of the Service, including specific data feeds, features, or delivery channels such as our Discord bot, at any time without notice.

We may update this Disclaimer & Terms of Use from time to time to reflect changes in our service, data sources, or legal requirements. The "Last updated" date above reflects the most recent revision. Continued use of O.R.S. after a change is posted constitutes your acceptance of the revised terms.

This Disclaimer & Terms of Use is governed by the laws of the State of Texas, without regard to its conflict-of-laws principles, and any dispute arising from your use of O.R.S. will be subject to the exclusive jurisdiction of the state and federal courts located in Texas. Questions about this Disclaimer can be sent to legal@bullseyecapital.com.