OCC Website Terms and Conditions
Updated: February 2, 2023
No Recommendation. The Services are intended to educate investors about U.S. exchange-listed options issued by the OCC. No statement in any of the Services is to be construed as furnishing investment advice or being a recommendation, solicitation or offer to buy or sell any option or any other security. Options involve risk and are not suitable for all investors.
Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. Copies of this document may be obtained from your broker or from any exchange on which options are traded. An informational copy of this document may accompany materials requested from OCC and is also available from the Website.
Disclaimers of Warranties and Liability.
YOU EXPRESSLY UNDERSTAND AND AGREE THAT THERE MAY BE OMISSIONS OR INACCURACIES IN THE SERVICES OR DATA, AND YOUR ABILITY TO ACCESS THE SERVICES OR DATA MAY, FROM TIME TO TIME, BE DELAYED AND/OR INTERRUPTED DUE TO SCHEDULED AND/OR UNSCHEDULED CAUSES. YOUR USE OF THE SERVICES OR DATA IS AT YOUR SOLE RISK AND THE SERVICES AND DATA ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTY OF ANY KIND. NEITHER OCC NOR ANY THIRD PARTY THAT PROVIDES DATA TO OCC FOR USE IN THE SERVICES (INCLUDING THEIR AFFILIATES, “DATA PROVIDERS”) MAKE ANY EXPRESS, IMPLIED OR STATUTORY REPRESENTATION OR WARRANTY REGARDING THE SERVICES OR THE DATA. TO THE FULLEST EXTENT PERMITTED BY LAW, OCC AND THE DATA PROVIDERS SPECIFICALLY DISCLAIMS ALL REPRESENTATIONS OR WARRANTIES AS TO THE AVAILABILITY ON AN UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE BASIS, ACCURACY, RELIABILITY, CURRENCY, COMPLETENESS, TIMELINESS, NON-INFRINGEMENT, MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE OF THE SERVICES AND THE DATA, AND ALL REPRESENTATIONS OR WARRANTIES ARISING FROM CUSTOM OR USAGE OR BY OPERATION OF LAW.
OCC AND THE DATA PROVIDERS ACCEPT NO RESPONSIBILITY FOR (A) ANY INACCURACIES, DELAYS, ERRORS OR OMISSIONS IN THE SERVICES OR THE DATA, REGARDLESS OF CAUSE, OR FOR ANY DAMAGES RESULTING THEREFORM, OR (B) THE CONSEQUENCE OF RELYING OR ACTING UPON, INFORMATION OR ADVICE, WHETHER ORAL OR WRITTEN, AVAILABLE THROUGH THE SERVICES OR THE DATA. THE SERVICES AND THE DATA DO NOT REFLECT THE OPINIONS OF OCC OR THE DATA PROVIDERS. IT IS YOUR SOLE RESPONSIBILITY TO DETERMINE WHETHER THE SERVICES OR THE DATA ARE SUITABLE AND ADEQUATE FOR YOUR NEEDS. OCC DOES NOT WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY INFORMATION, DATA, MATERIALS OR SERVICES ADVERTISED OR OFFERED BY A THIRD PARTY THROUGH OR IN CONNECTION WITH THE SERVICES, ANY HYPERLINKED WEBSITE OR SERVICES, OR THE DATA. ANY RISK OF VIRUSES OR OTHER FORMS OF ELECTRONIC CONTAMINATION REMAINS, AT ALL TIMES, WITH THE USER OF THE SERVICES OR THE DATA.
YOU UNDERSTAND AND AGREE THAT, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, UNDER NO CIRCUMSTANCES, INCLUDING NEGLIGENCE, WILL OCC OR ITS AFFILIATES, DATA PROVIDERS OR OTHER SUPPLIERS, OR ANY OF ITS OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR REPRESENTATIVES BE LIABLE UNDER ANY THEORY OF LAW FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES, DAMAGES FOR LOSS OR INACCURACY OF DATA, COST OF PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, BUSINESS INTERRUPTION, OR LOSS OF PROFIT, ARISING OUT OF THE USE, RELIANCE ON OR THE INABILITY TO USE THE SERVICES OR THE DATA, ANY TRANSACTION CONDUCTED THROUGH THE SERVICES, ANY FAILURE OF PERFORMANCE, ERROR, OMISSION, OR DELAY, ANY THEFT, ANY UNAUTHORIZED ACCESS TO OR ALTERATION OF DATA, OR OTHER TANGIBLE OR INTANGIBLE LOSS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Links and Thirty Party Content. The Services may provide links to other websites. These links are provided for convenience and informational purposes only, and not for purposes of making any endorsement or recommendation. You should be aware that when you may be leaving the Website by selecting a link. The information available on other websites may have certain restrictions on its use or distribution. Users should make themselves aware of such restrictions. OCC is not responsible for, nor has it developed or reviewed, the content of those websites, and does not make any warranty, express or implied, as to the accuracy, usefulness or timeliness of such information. In addition to links, other third party content may be available from any of the Services or the Data. The views expressed are solely those of the author of the article, and do not necessarily reflect the views of OCC; the information presented is not intended to constitute investment advice or recommendations to purchase, sell or hold securities of any company, but is intended to educate users concerning the use of options, and the information presented is based on particular events that may or may not recur in the future.
Proprietary Interests. Information available from the Services is owned, licensed or controlled by OCC or third parties.
A list of certain copyrights, trade names, service marks, trademarks, logos and patents of OCC may be found on the Copyright, Trademark, and Patent Information page, which is incorporated herein by reference. All non-OCC trademarks, copyrights, trade names, service marks, logos or other identifying feature used in the Services are property of their respective owners.
As between you and OCC, OCC owns and retains all right, title, and interest, including all intellectual property rights, in and to the Services and all names, trademarks, service marks, logos, and other indicia of OCC or OCC’s licensors or third party partners used in connection with the Services (“OCC Trademarks”). You have no right to use any OCC Trademark in any manner without the advance written permission of OCC.
All content included in or made available through any Service, such as text, graphics, logos, button icons, images, video clips, digital downloads, data compilations, and software is the property of OCC or its content suppliers and protected by U.S. and international copyright laws. The compilation of all content included in or made available through any Service is the exclusive property of OCC and protected by U.S. and international copyright laws.
You acknowledge that certain third-party Data provided through the Services is subject to the proprietary rights of the applicable Data Providers.
The Services and the Data may not be reproduced, duplicated, copied, sold, resold, or otherwise exploited for any commercial purpose. Any unauthorized use of the Services or the Data may violate copyright laws, trademark laws, the laws of privacy and publicity and communications regulations and statutes.
CUSIP Database. If you have access to the CUSIP Database on this Website or through the Services, you agree that the CUSIP Database and the information contained therein (“CUSIP Data”) constitute the valuable intellectual property of CUSIP Global Services and the American Bankers Association. Even though you may be accessing the CUSIP Data through this Website or the Services, no proprietary rights are being transferred to you in such materials or in any of the information contained therein. American Bankers Association CUSIP Database provided by FactSet Research Systems Inc. Copyright 2023. All rights reserved.
Changes to the Services. OCC reserves the right to modify or discontinue, temporarily or permanently, the Services (or any part thereof) including the Data with or without notice. Changes made to the Services may require you to update your account information or the devices or systems through which you access the Services in order to continue using the Services. You agree that OCC will not be liable to you or to any third party for any modification, suspension, or discontinuance of the Services.
Electronic Communications and Feedback. When you use any Services, or send e-mails, live chat, messages through the Website, and other communications from your desktop or mobile device to OCC, you are communicating with OCC electronically. You consent to receive communications from OCC electronically, such as e-mails, live chat, mobile push notices, or notices and messages on the Website.
OCC welcomes your feedback about its Services. However, you acknowledge and agree that any comments, ideas, notes, suggestions or other feedback (“Feedback”) you provide is OCC’s exclusive property, and OCC may use all such communications in any manner, including reproducing, disclosing, and publishing such communications, all without compensation to you. You hereby assign to OCC all of your right, title, and interest in your Feedback, including all intellectual property rights therein.
Monitoring and Disclosure. OCC uses software programs and other tools to monitor traffic on the Website and to identify unauthorized attempts to upload or change information, or otherwise cause damage to the integrity of the Services.
OCC may disclose any content, records, or electronic communication of any kind: (i) to satisfy any law, regulation, or government request; (ii) if such disclosure is necessary or appropriate to operate the Services; or (iii) to protect its rights or property or the rights of others.
Non-waiver. No failure by any party to take any action or assert any right hereunder will be deemed to be a waiver of such right and will not prevent such party from enforcing such right in the future. The waiver by a party of any of its rights or a breach in a particular instance will not be construed as a waiver of such rights or breach or of the same or different rights or breach in subsequent instances.