Terms of Use

By requesting access, creating an account, or using Fumdom, you agree to these Terms and the Risk & education disclaimer. If you do not agree, do not use the service.

1. What Fumdom is

Fumdom is a private, invite-only educational paper-trading study application. It is designed to help adults learn how option structures (including cash-secured puts and covered calls) are described, screened, and journaled in a simulated environment.

Fumdom is not a broker-dealer, exchange, clearing firm, bank, investment adviser, commodity trading advisor, fiduciary, or financial planner. We do not execute, clear, or custody live trades for you. Paper journal entries are simulations only.

Access is currently free of charge. Absence of a fee does not create an advisory relationship or reduce these Terms.

2. No financial advice; no reliance

All screens, rankings, AI chat, committee memos, “study” / “aligned” / strategy labels, probability estimates, premium/income illustrations, alerts, emails, and HOLD / CLOSE / ROLL-style scenarios are educational illustrations only. They are not personalized investment advice, not a recommendation, and not a solicitation to buy, sell, hold, or roll any security or option.

Watchlist scoping, morning briefs, and similar filters customize which lessons or examples you see. That is not a suitability analysis and does not mean Fumdom knows your finances, objectives, or risk tolerance.

You agree not to rely on Fumdom when making any live trading or investment decision. Any live activity at a third-party brokerage is solely yours.

3. No client relationship

Use of Fumdom does not make you our client or customer for advisory, brokerage, or fiduciary purposes. No Fumdom communication is an offer of securities or of investment advisory services.

4. Risk of loss

Options and other derivatives involve substantial risk of loss and are not suitable for everyone. You can lose money, including more than a premium credit on some structures. Simulated or paper results do not predict live results. Past performance is not indicative of future results. Market data and AI outputs may be delayed, incomplete, or wrong.

5. Eligibility & invite-only access

You must be at least 18 years old and legally able to enter this agreement. Fumdom is invite-only. An invite or approval is a license to study in the app, not a right to advice, profits, or continued access. We may deny, suspend, or revoke access at any time.

6. Accounts & security

Keep login credentials confidential. You are responsible for activity under your account. Notify us of unauthorized use. We may suspend accounts for abuse, security risk, or Terms violations.

7. Acceptable use

• Use the service only for personal education and paper simulation.
• Do not scrape, abuse AI endpoints, or attempt to bypass security or invites.
• Do not use Fumdom for unlawful, fraudulent, or harassing purposes.
• Do not represent Fumdom outputs as professional advice to others.
• No reverse engineering except where mandatory law allows.

8. Intellectual property

Fumdom software, branding, and content are owned by us or our licensors. You receive a limited, revocable, non-transferable license to use the service for personal educational purposes while your invite remains valid.

9. Third-party data, AI & brokerages

Market data, news, and model outputs come from third parties and probabilistic systems. Vendors may change or withdraw feeds. Optional brokerage views (if shown) are not an order-entry service and may be operator-only or sandbox/sample data. We are not responsible for third-party outages, errors, or your use of any outside brokerage.

10. Disclaimer of warranties

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, ACCURACY, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT OUTPUTS ARE CORRECT, COMPLETE, TIMELY, OR SUITABLE FOR ANY PURPOSE.

11. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE AND OUR OPERATORS ARE NOT LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY TRADING OR INVESTMENT LOSSES, LOST PROFITS, LOST DATA, OR BUSINESS INTERRUPTION, ARISING FROM YOUR USE OF OR RELIANCE ON FUMDOM, EVEN IF ADVISED OF THE POSSIBILITY.

OUR TOTAL LIABILITY FOR ANY CLAIM RELATING TO THE SERVICE IS LIMITED TO THE GREATER OF (A) THE AMOUNTS YOU PAID US FOR FUMDOM IN THE TWELVE MONTHS BEFORE THE CLAIM (CURRENTLY $0) OR (B) ONE HUNDRED U.S. DOLLARS (US $100).

Some jurisdictions do not allow certain limitations. In those places, our liability is limited to the maximum extent permitted.

12. Indemnity

You agree to indemnify and hold harmless Fumdom and its operators from claims, damages, and expenses (including reasonable attorneys’ fees) arising out of your use of the service, your live trading or investment decisions, your content, or your violation of these Terms.

13. Changes; termination

We may update these Terms. Continued use after the effective date constitutes acceptance. We may stop offering the service or your access at any time. Sections that by nature should survive (including 2–4 and 10–15) survive termination.

14. Governing law

These Terms are governed by the laws of the State of California, excluding conflict-of-law rules, except where mandatory consumer law of your residence applies. You agree to the exclusive jurisdiction of state and federal courts located in California, except where prohibited.

15. Contact

info@theydontexplainwell.com

Also see our Privacy Policy and Risk & education disclaimer.