Terms & copyright

Last updated 2026-10-17.

Copyright

© 2026 Austin Levenberg (“the author”). All rights reserved. The site’s source code, written analysis, commentary, methodology, visual design, and the specific way the volatility-risk-premium results and simulations are computed and presented are original work protected by copyright. Nothing here is placed in the public domain.

What you may do

You may read the site, use its interactive tools for your own personal research, and link to it. You may quote a short passage with attribution and a link. You may act on what you learn using your own independently built work.

What you may not do

• No scraping or bulk extraction of the site’s pages, its API, or the datasets behind it, in whole or in substantial part.
• No republication — copying, mirroring, framing, redistributing, or re-hosting the content, code, charts, or computed results in any medium without prior written permission.
• No commercial use in a product, service, newsletter, or paid research offering without a licence.
• No misrepresentation — presenting the site’s analysis as your own, or implying endorsement or affiliation.

Permission or licensing requests: reach the author via GitHub (alev-12).

Third-party data

Inputs are CBOE volatility indices and ETF prices from Yahoo Finance. Those datasets belong to their providers and are subject to those providers’ terms. The site claims no ownership of the raw data, only of the code and the analysis built on it.

No warranty, no advice

The site is an educational research project, provided “as is” with no warranty of accuracy or fitness for any purpose. Nothing here is investment, financial, legal, or tax advice, or a recommendation to sell options or trade volatility. Selling volatility carries uncapped tail risk. Past performance does not predict future results. You are responsible for your own decisions.