Welcome to Motley Fool Options (the "Service"). This page sets forth the special Terms and Conditions by which The Motley Fool provides you with access to the Service (the "Terms"). It supplements the Fool's Rules (our standard terms and conditions), which are incorporated by reference. By subscribing to, and using the Service you are agreeing to abide by these Terms as well as the Fool's Rules INCLUDING THE BINDING ARBITRATION AND CLASS ACTION WAIVER DETAILED IN SECTION 13 OF THE FOOL’S RULES.

Motley Fool Options

The Service provides recommendations on options trades. From time to time, we may change the features, offerings, and Premium Services included in your Motley Fool Options membership but we will provide you with advance notice of any material changes.

All services and features provided by Motley Fool Options are provided “AS IS.” The Fool assumes no responsibility for the timeliness or delivery of any content or the deletion or failure to store any personalized or customized settings.

An affiliate of The Motley Fool provides investment products that may hold securities mentioned in our publications. Editorial personnel have no nonpublic knowledge of the affiliate's holdings, and the affiliate's personnel have no knowledge of any editorial content before it is published.

A Word of Caution

The Service may use a mix of options strategies. Trading in options involves different risks than investing in traditional equities. Some of these risks include:

  • When using some forms of options, the risk of loss is hypothetically unlimited, as investors who short may be required to purchase shares to cover at any time, and at any price.
  • Options can be used to create leverage, which increases the risk of total loss, since smaller fluctuations in value will have significant effects on your portfolio.

We want to help you make money. We also want to provide you with a more enriching and useful experience along the way. However, The Motley Fool is not in the business of rendering personalized or individualized investment advice. We don't (and can't) know your financial situation, risk tolerances, or investing objectives. Accordingly, the information provided along with the decisions made and actions taken by the Service do not constitute a recommendation that a particular security, strategy or action taken is suitable for you or any specific person for that matter.

The Service bases its recommendations and forecasts on techniques, information and sources believed to be reliable in the past and cannot guarantee future accuracy and results. The Motley Fool and the writers will not be liable for any investment decision you make, or action you take based upon reliance of any material you read here. The Motley Fool is a company of investors writing for investors and as such, the writers (and/or the company) may own stocks mentioned by the Service. For more information about writer disclosure, as well as a list of places where you can view stocks our writers and analysts own, see our disclosure policy.

Motley Fool Options Membership Fee; Terminating Your Membership

You are responsible for the applicable membership fee as set forth on this site. If you are currently a subscriber to other Motley Fool services, those memberships are separate and subject to their own terms. The fee does not include any charges you incur in accessing those Premium Services.

The Motley Fool reserves the right to increase Options’s fees or institute new charges upon reasonable notice. Fees are due in advance. Unless otherwise explicitly noted at the time of ordering, your membership will automatically renew until you notify us of your decision to terminate your membership YOU ARE PROVIDING YOUR ELECTRONIC AUTHORIZATION FOR FUTURE CHARGES AGAINST YOUR CREDIT CARD ON FILE UNLESS YOU CANCEL. Accordingly, you agree that your Options membership fee will be billed automatically at the beginning of each renewal period at the then-current rate to the credit card you used in your most recent transaction with us.

At our discretion, refunds may be offered in certain situations.

Yearly Subscriptions

You may cancel your Options subscription at any time, however, there are NO REFUNDS.

From time to time, promotions may be offered. If you purchase during a promotion, then the terms of that offer will be honored. Please note that any such promotions are available only to new, first-time Options members. If you previously subscribed to Options, canceled and subsequently subscribe again, you will not receive promotional offers.

Former Premier Pass Members

If you were once a Premier Pass lifetime member and have chosen to transfer into Options, you have access to Options for 3 years, with no monthly fee. Your Options subscription will not automatically renew. If you choose to resubscribe to Options after the 3-year term is up, Options will renew at the then-current annual rate. Credit transfers are not offered for this subscription.

Credit Transfers

Some offers and terms may include a “satisfaction guarantee” that entitles you to transfer the fees paid for this subscription to a different Motley Fool service from a defined list. If your purchase included a 30-day satisfaction guarantee, you will have 30 days from the date of purchase to apply your full purchase price towards another portfolio-style service at The Motley Fool. Not all purchases or terms will include this guarantee.

If you are unsure whether or not your membership is eligible for a credit transfer please contact [email protected].

All credit must be swapped at the list price of the product being transferred into, and it cannot be combined with any promotional offers or discounts. Members may utilize any available swap or refund once per service. If you take advantage of a money-back guarantee or a credit-transfer guarantee into a new subscription, you will no longer be eligible to perform further action with that credit.

If you take advantage of a credit transfer guarantee, please also note that you will lose access to any product(s) and benefits included in the original promotional offer, including additional services or reports that were included as a bonus for taking advantage of the offer.

When implementing a credit transfer, the term length of the service being transferred into cannot extend beyond three years.

If the list price of the service you would like to transfer into is more than the amount of credit you have, you will receive a partial term of the service - the usual automatic renewal notice will be emailed one month prior to the adjusted end-date.

If the amount of credit you have is higher than the list price of the service you would like to transfer into, the subscription will be extended for the appropriate time frame to match the rate.

The Motley Fool reserves the right to disallow transfer into certain services depending on insufficient credit, product openings, investment timelines, a member’s history of transfers or prior refunds, or for any other reason at The Motley Fool’s sole discretion.

Disclaimer of Warranties and Liabilities

By using the Service, you agree that The Motley Fool, its directors, its employees, and its agents will not be liable for any investment decision made or action taken by you and others based upon reliance on any information we publish. Please remember that past results are not necessarily indicative of future performance.

Under no circumstances will The Motley Fool, its employees, or its agents be liable for direct, indirect, incidental, or any other type of damages resulting from your use or downloading of any material on our sites, even if we have been advised of the possibility of such damages. This includes, but is no way limited to, loss or injury caused in whole or in part by our negligence or by things beyond our control in creating or delivering the Service or any of our services. This disclaimer of liability does not apply in New Jersey.

Although this is included in the Fool's Rules, it bears repeating (and capitalizing):

ALL INFORMATION PROVIDED OR MADE AVAILABLE THROUGH THE SERVICE ARE PROVIDED "AS IS." THE MOTLEY FOOL HEREBY DISCLAIMS ALL REPRESENTATIONS, WARRANTIES AND CONDITIONS, EXPRESSED OR IMPLIED, INCLUDING WITHOUT LIMITATION, WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE. WITH RESPECT TO OUR WEBSITES, OUR SERVICES, ANY CONTENT, TOOLS, OR PRODUCTS, YOU EXPRESSLY AGREE THAT YOU WILL ASSUME THE ENTIRE RISK AS TO THE QUALITY AND THE PERFORMANCE OF OUR SERVICES AND THE ACCURACY AND COMPLETENESS OF ITS CONTENT.

Some States do not allow exclusion of implied warranties or limitation of liability for incidental or consequential damages, so the above limitations or exclusions may not apply to you. In such states, our liability and that of our third party content providers will be limited to the greatest extent permitted by law. This disclaimer of warranties does not apply in New Jersey.

You Bear Responsibility for Your Financial and Investment Decisions

While our purpose is to help you become a better investor, your investment decisions rest squarely with you. You agree that you bear sole and complete responsibility for your investment and financial decisions.

By purchasing Options, you agree that The Motley Fool, its directors, its employees, and its agents will not be liable for any investment decision made or action taken by you and others based upon reliance on any information we publish. Please remember that past results are not necessarily indicative of future performance.

Trading Rules

The Motley Fool strives to operate with the highest level of integrity and to treat everyone -- our customers, employees and community -- fairly. For this reason, all of our Premium Services abide by trading rules.

Employees and contractors cannot trade based upon any knowledge of an upcoming recommendation by Options. They may only trade in the security after Options's recommendation has been published.

If Options issues a recommendation about a stock, The Motley Fool's other services will refrain from issuing trade alerts in the security for 24 hours.

Please note there may be occasions where a Premium Services takes a position with respect to a security that is counter to that of another Fool premium service.

The Service Is Intended for U.S. Residents Only

The Service is aimed at, and published for individuals residing in the United States. The Motley Fool makes no representation that the materials provided, and actions taken by the Service are appropriate for users outside the United States or permitted under the laws of other jurisdictions.

If you choose to access or use the Service from a location other than the United States, you do so at your own initiative and risk, and you bear full responsibility for compliance with any applicable local laws.

Everything Else

Please read the Fool's Rules for more details on our rules and policies including our dispute resolution procedures. If you see something that you think is a violation of the Fool's Rules or these Terms, please notify us at [email protected].

The Motley Fool reserves the right to change the Fool's Rules or these Terms at any time. Changes will be posted on the applicable Web page.

Last updated May 27, 2021