Important

Risk Disclosure

Last updated June 3, 2026

Trading options and crypto-options involves a substantial risk of loss and is not suitable for every investor. Read this before trading live.

You can lose money

You may lose some or all of your capital. Past performance — including any results published by Niro — is not indicative of future results.

Hypothetical & simulated results

Paper and backtested results are hypothetical. Hypothetical performance has inherent limitations: it is prepared with hindsight, does not involve financial risk, and cannot fully account for the impact of real-market execution, liquidity, and emotion. No representation is made that any account will achieve results similar to those shown.

Options-specific risks

Operational risk

Software, data feeds, and broker connections can fail or lag. The risk gate reduces certain errors but cannot eliminate market or operational risk. You are responsible for monitoring your positions.

Not advice

Niro is software, not a broker-dealer or investment adviser. Nothing here is a recommendation to buy or sell any instrument. Consider your objectives and risk tolerance, and consult a licensed professional if needed.


Niro is software for self-directed traders. It is not a broker-dealer, investment adviser, or custodian, and nothing here is investment, legal, or tax advice.