Risk Disclosure
Trading involves substantial risk of loss
Buying and selling stocks and options can lose money, including all of the money you put in. Swing trading (holding positions for days) carries the risk of overnight and weekend price gaps, earnings surprises and fast market moves. Only trade with money you can afford to lose.
Options carry special risks
Options are complex and are not suitable for everyone. A bought option can expire worthless and lose 100% of what you paid. A put credit spread can lose its full width minus the credit received, which is usually several times the most it can make. Options can be assigned early, and illiquid contracts can be hard to close at a fair price. Before trading options you should read Characteristics and Risks of Standardized Options, which your broker is required to give you.
Backtests and hypothetical results have limits
Backtested results are hypothetical: no one earned them. They are calculated after the fact with rules that were designed knowing what happened, may be affected by survivorship bias (testing today's large companies on the past), and use modeled fills, fees and slippage that real trading may not match. Option backtests use modeled option prices rather than recorded quotes. Live results on this site are short and may differ greatly from the backtest. Past performance does not guarantee future results.
No personal advice
Caissavest publishes the same impersonal research to everyone on a plan and does not know your situation. A pick being published is not a statement that it is right for you. Position sizes shown are illustrations of the model's own rules, not a recommendation of how much you should invest.
Conflicts and our own trading
The owner of Caissavest may hold, and may trade in personal accounts, the same securities the research discusses. Personal trades in a published pick are made no earlier than the market open that the pick was published for, the same open members can trade at. Caissavest does not accept payment from companies to feature their stock.