Risk Disclosure
Important information about investment risks
WARNING: Options trading involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. You should only trade with capital you can afford to lose completely.
General Risks
Investing in options strategies involves significant risks, including but not limited to:
- Total Loss of Capital: Options trading can result in the complete loss of your investment.
- Market Risk: Adverse market movements can cause significant losses, especially during periods of high volatility.
- Leverage Risk: Options provide leveraged exposure, amplifying both gains and losses.
- Liquidity Risk: During market stress, positions may be difficult to close at favorable prices.
Strategy-Specific Risks
The 0DTE (zero-days-to-expiration) options strategy involves additional risks:
- Extreme Gamma Risk: Same-day options have maximum gamma sensitivity, causing rapid P&L changes.
- Time Decay Acceleration: Options lose value rapidly as expiration approaches.
- Gap Risk: Market gaps can cause losses beyond stop-loss levels.
- Assignment Risk: Short options positions may be assigned, requiring immediate action.
- Technology Risk: Automated systems may fail, resulting in missed trades or incorrect execution.
Performance Risks
- Past performance does not guarantee future results.
- Historical returns may not be achievable in future market conditions.
- Drawdowns can exceed historical maximums during unprecedented market events.
- Strategy performance may degrade as market structure changes.
Regulatory & Operational Risks
- PNL Capital Partners LLC is not registered with the SEC, CFTC, or other regulatory bodies.
- Investment products are only available to accredited investors.
- Interactive Brokers account required for managed account structure.
- Limited Power of Attorney required for trade execution.
Accredited Investor Requirement
By requesting information or investing, you certify that you meet the SEC definition of an accredited investor and have sufficient knowledge to evaluate the risks of options trading strategies.
No Guarantee
This website and all materials are for informational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any security. No representation is being made that any account will achieve profits or losses similar to those discussed.
Last Updated: February 2026