Terms of Service

Last updated 28 August 2026

Who we are

FirmTape is operated by Yevhen Maksymenko, based in Canada. Contact: support@firmtape.com.

What you are buying

FirmTape reconstructs options dealer positioning — gamma, vanna, charm and related measures — from the options tape, and displays it as charts in your browser.

• Every historical session is free and needs no account.
• A subscription adds today's session, updating live while the market trades.

The product is the web terminal. Access to a machine-readable API is not included unless separately agreed in writing.

Using the free archive

Every finished session is free to read, replay and link to, with or without an account, and we intend to keep it that way. What is not free is taking the archive wholesale: automated bulk downloading of the underlying session data is not permitted, and robots.txt says the same to machines. We may slow, refuse or block requests that do it, without notice and whether or not you have an account.

If you want the whole series for research, backtest it in the Lab, or take a dataset licence — that is exactly what it is for, and it lifts the per-visitor limit rather than changing what the data is.

Not investment advice

Nothing on FirmTape is financial, investment, tax or legal advice, and nothing on it is a recommendation to buy or sell anything. What we publish is a measurement of where dealer inventory appears to sit, derived from public trade and quote data using models that are approximations and can be wrong.

We deliberately do not show buy or sell signals, price targets or directional calls. The terminal itself says so: there are no arrows because there is nothing honest to put in them. Any position you take is your own decision and your own risk. Trading options involves substantial risk of loss, including loss exceeding your deposit.

We do not guarantee that the data is accurate, complete, timely or uninterrupted. Market data feeds fail, exchanges revise data, and models have error. Do not use FirmTape as the sole basis for a trade.

Price, billing and cancellation

• The live session is $49 per month, or $490 per year. The dataset licence is $249 per month, or $2,490 per year. They are separate products: you may hold either, both or neither, and cancelling one does not affect the other. Prices are set in US dollars; Stripe may display and charge the equivalent in your local currency at its own exchange rate.
• Billing renews automatically each period until you cancel. Payments are handled by Stripe; we never see or store your card number.
• You can cancel at any time from your account page, which opens Stripe's billing portal. Cancellation takes effect at the end of the period you have already paid for — you keep access until then, and are not charged again.
• Deleting your account is different, and also available from your account page: it cancels the subscription immediately rather than at the period end, ends access at once, and is irreversible. There is no refund for the period already started — see the next point.
• We do not give refunds for periods already started, because the entire historical archive is free and permanently available, so you can evaluate the product in full before paying anything. If you were charged in error, write to us and we will fix it.
• Prices may change. Existing subscribers are told before a change affects them, and may cancel instead.

Your account

Accounts exist only to hold a subscription and are created when you subscribe. One account is for one person. Do not share your credentials, and do not resell, redistribute or republish the data — including by automated scraping of the terminal. We may suspend an account that does, without refund.

Availability

We aim to keep the live session running through every trading day, but we do not promise any level of uptime. The service depends on third-party market data that can and does fail. Free historical sessions are provided as-is.

Liability

To the fullest extent the law allows, Yevhen Maksymenko is not liable for trading losses, lost profits, or any indirect or consequential loss arising from your use of FirmTape. Where liability cannot be excluded, it is limited to the amount you paid us in the twelve months before the claim.

Nothing here removes rights you have as a consumer that cannot be waived under the law of your country of residence.

Ending the agreement

You may stop using FirmTape at any time. We may suspend or close an account that breaches these terms, or if we stop offering the service — in which case we refund the unused portion of a period already paid.

Changes and governing law

We may update these terms. Material changes are posted on this page with a new date above, and subscribers are notified by email where the law requires it. These terms are governed by the laws of Canada.