Terms of Service — v0 PLACEHOLDER

⚠️ PLACEHOLDER TEXT — NOT LEGALLY REVIEWED.

This document is a pre-lawyer draft written by Prometheus (planning agent) on 2026-04-18. It covers the disclosures required by TastyTrade's API Terms of Service ("Other Terms" §2) and the core protections needed for Gaban Ventures LLC. It is not a substitute for a qualified securities/fintech attorney's review. Do not publish on app.sentienttrading.ai or require user acceptance until a lawyer has reviewed and approved.

Target lawyer consult: Week 2 of the 3-week plan, before Wilbur onboards.

Version: v0-placeholder · Last updated: 2026-04-18

1. The Service

Sentient Options Platform ("the Platform," "the Service") is operated by Gaban Ventures LLC ("Gaban Ventures," "we," "us," "our"). The Platform allows you ("you," "the user") to connect your TastyTrade brokerage account to our automated options trading bot, which executes a pre-defined strategy (iron condors on SPX and related underlyings) on your behalf.

By creating an account, clicking "I agree," or using the Platform in any way, you agree to these Terms of Service ("Terms"). If you do not agree, do not use the Platform.

2. Your Account

2.1 Identity

You create an account by signing in with Google or X (Twitter) using OAuth. We receive and store only:

We do not collect, store, or ask for your date of birth, Social Security number, home address, phone number, payment information, or any other personally identifiable information beyond what is listed above.

2.2 Eligibility

You must be at least 18 years old, legally able to enter into binding contracts, and not barred from using the Platform under applicable laws or regulations. You must have a valid TastyTrade brokerage account in good standing.

2.3 One account per person

You may not create more than one account on the Platform without our written permission.

3. Connection to TastyTrade

3.1 We are not TastyTrade

Gaban Ventures LLC is not affiliated with, endorsed by, or part of tastytrade, Inc. We are an independent third-party integrator that uses TastyTrade's public API to execute trades on your behalf, subject to TastyTrade's own API Terms of Service. TastyTrade is your broker; we are not.

3.2 How the connection works

To enable trading, you provide us with a TastyTrade OAuth refresh token and your TastyTrade account number via our Settings page. We store these credentials in encrypted form and use them solely to:

3.3 Your continuing obligations to TastyTrade

Your relationship with TastyTrade — including your Customer Agreement with them — continues to govern your account directly with TastyTrade. Nothing in these Terms overrides or modifies your agreement with TastyTrade.

4. Autotrading Authorization

4.1 You authorize the bot

By connecting your TastyTrade account to the Platform, you expressly authorize our automated trading bot to place, modify, roll, and close orders on your TastyTrade account without further confirmation from you. This is "autotrading" — we act under a limited discretionary trading authorization you grant us when you connect your account.

4.2 You remain responsible for the orders

While the bot places orders autonomously, you acknowledge that every order is placed on your account and is your financial responsibility. You are responsible for:

4.3 Discretionary authority is limited

Our discretionary authority is limited to the specific strategy we operate (iron condors and related multi-leg options structures on SPX and similar underlyings). We will not use your TastyTrade credentials to trade outside this strategy, move money, close your account, or access information beyond what's needed to run the strategy.

4.4 You can revoke at any time

You may revoke trading authorization at any time via Settings → Danger Zone → Revoke TastyTrade Access. Revocation:

5. Data We Collect, Store, and Why

This section is required by TastyTrade's API Terms of Service "Other Terms" §2 and is the core data-transparency commitment we make to you.

5.1 What we extract from TastyTrade's API

5.2 What we store on our systems

All of the above, plus:

5.3 Why we use your data

We use your trade execution data for the following purposes:

  1. Running your bot — executing the strategy on your account
  2. Displaying your performance — rendering your dashboard so you can see how the bot is doing
  3. Improving our trading system — we analyze trade execution data across all user accounts to refine the strategy, identify weaknesses, tune parameters, and ship improvements. Your data contributes to this aggregate analysis. We believe this is a core benefit: every user account makes the system smarter for every other user.
  4. Operational monitoring — detecting anomalies, stopping runaway trades, alerting when something goes wrong

5.4 Admin oversight

Gaban Ventures LLC personnel (currently: Leon Gaban, founder) can view trade execution data, positions, and performance metrics across all user accounts in an internal admin dashboard. This oversight is necessary to operate the Platform safely. Admins see only the data listed in §5.1 and §5.2 — never more.

5.5 What we do NOT collect

We do not collect:

5.6 We do not sell your data

We do not sell, rent, or share your personal data with advertisers, data brokers, or any third party for commercial gain. We do not serve ads. We do not use analytics trackers that identify you personally.

5.7 Data retention

We retain your trade execution data for as long as your account is active, plus a reasonable archival period after account closure so that strategy analytics remain valid. We may retain anonymized, aggregated data about trade performance indefinitely for ongoing strategy research — this data is stripped of any identifier that could link it back to you.

You may request deletion of your personal data at any time via email to leon@gaban.com. We will delete your name, email, avatar, credentials, and personally-identifiable trade records within 30 days. Anonymized aggregate data may be retained per the previous paragraph.

6. No Financial Advice

The Platform is a software tool that executes a pre-defined trading strategy. It is not financial, investment, legal, or tax advice. Gaban Ventures LLC is not a registered investment adviser ("RIA"), broker-dealer, or commodity trading adviser ("CTA"). We do not offer personalized advice based on your financial situation, risk tolerance, or goals.

Using the Platform does not create a fiduciary relationship between you and Gaban Ventures LLC.

Before using the Platform, consult your own financial, legal, and tax advisors about whether the Platform and its underlying strategy are appropriate for you.

7. Risk Disclosure

7.1 Options trading carries material risk

Options trading — including the iron condor strategy this Platform runs — can result in substantial losses, including losses greater than the credit received at entry. You can lose your entire trading capital, and in some cases more. You should only use the Platform with capital you can afford to lose entirely.

7.2 Past performance is not a guarantee

Any win rates, profit-and-loss figures, backtests, or performance metrics displayed on the Platform or in our marketing are historical. Past performance does not guarantee, predict, or indicate future results. Markets change, volatility regimes shift, and the strategy may perform worse — or fail entirely — in future market conditions.

7.3 Automated systems can fail

The bot is software. Software has bugs. External systems (TastyTrade's API, market data providers, our infrastructure, your internet connection) can fail, be delayed, or return incorrect data. The bot can place unintended orders, miss intended orders, or execute at unfavorable prices. You accept these risks as a condition of using the Platform.

8. Service "As Is"

The Platform is provided "AS IS" and "AS AVAILABLE" without warranty of any kind, express or implied, including warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, reliability, or uninterrupted operation. We do not warrant that the Platform will be free of bugs, that it will meet your expectations, or that the strategy it runs will be profitable.

9. Limitation of Liability

To the fullest extent permitted by law, Gaban Ventures LLC and its officers, directors, employees, and agents will not be liable for any direct, indirect, incidental, consequential, special, exemplary, or punitive damages — including lost profits, lost trading capital, lost opportunities, or data loss — arising out of or related to your use of the Platform, even if we have been advised of the possibility of such damages.

Our aggregate liability to you for any claim arising out of or relating to the Platform will not exceed one hundred United States dollars ($100).

Some jurisdictions do not allow these limitations. In those jurisdictions our liability is limited to the maximum extent permitted by law.

10. Indemnification

You agree to indemnify and hold harmless Gaban Ventures LLC and its officers, directors, employees, and agents from any claim, loss, liability, expense, or damages (including reasonable attorneys' fees) arising out of or related to: (a) your use of the Platform; (b) your breach of these Terms; (c) trades placed on your TastyTrade account by the bot; (d) your violation of any law, regulation, or third-party right.

11. Termination

You may stop using the Platform and close your account at any time via Settings → Danger Zone.

We may suspend or terminate your account at any time, with or without notice, if we believe you have breached these Terms, if continued service poses a legal or regulatory risk to us, or for any other reason at our discretion. Upon termination, we will stop the bot, disconnect from your TastyTrade account, and delete your credentials.

12. Changes to the Platform and these Terms

We may modify the Platform, the strategy, or these Terms at any time. When we make material changes to these Terms, we will notify you via the email on file and/or via an in-app prompt requiring your re-acceptance. Continued use of the Platform after a change constitutes acceptance of the new Terms.

13. Governing Law and Dispute Resolution

[TO BE DETERMINED BY LAWYER — placeholder text below]

These Terms are governed by the laws of the State of [STATE] without regard to conflict-of-law principles. Any dispute arising out of or relating to these Terms or the Platform will be resolved by binding arbitration in [CITY, STATE] under the rules of the American Arbitration Association, except that either party may seek injunctive relief in court for intellectual property or confidentiality breaches.

You and Gaban Ventures LLC each waive the right to participate in a class action or class-wide arbitration.

14. Contact

Questions, complaints, or data-deletion requests: leon@gaban.com

Mailing address: [TO BE FILLED IN]

END OF PLACEHOLDER TERMS — v0

Next steps before this can go live:

  1. Lawyer review of all 14 sections, especially §§ 4, 5, 6, 9, 10, 13
  2. Fill in §13 governing-law and mailing-address placeholders
  3. Decide whether arbitration or court is preferred for disputes
  4. Confirm Gaban Ventures LLC state of formation and registered address
  5. Determine RIA / CTA / fintech registration requirements given the family/friends scope — this may force structural changes to §6
  6. Pair with matching Privacy Policy and in-app Disclaimer drafts (can be done by Prometheus as placeholders, but same lawyer-review gate applies)
  7. Bump LEGAL_VERSION env var in the Platform and force re-acceptance on next login