Risk Disclaimer
What Strix is, and what it is not. Strix Options LLC runs skill evaluation programs on simulated markets. We are not a brokerage, we do not hold customer funds, and we are not registered with any regulator as a broker-dealer or investment adviser. Nothing on this site amounts to investment advice, and nothing here invites or recommends trading any security or derivative. Decisions about real capital belong with you and your own licensed financial, legal, and tax professionals.
Options carry serious risk. A contract can go to zero by expiration, sellers of uncovered contracts are exposed to losses far beyond the premium collected, and multi-leg structures can stack risks in ways that exceed the amount originally committed. What a market did yesterday, whether real or simulated, promises nothing about what it does next.
About simulated results. Every Strix account trades a simulated market. Simulated fills never face real liquidity, real slippage, or the pressure of real money at stake, and any program built after the fact tends to flatter its own design. For those reasons a simulated track record is an incomplete picture, and we make no claim that any trader, in our programs or in live markets, will see outcomes resembling anything displayed on this site.
Anyone considering live options trading should first read the OCC publication Characteristics and Risks of Standardized Options. Where individual results or testimonials appear on this site, they describe specific traders and are not typical of all participants.