Version 1 — Effective August 15, 2026 Scratch Itch Software (“Scratch Itch Software,” “we,” “us,” or “our”)
PLEASE READ THIS AGREEMENT CAREFULLY. IT CONTAINS IMPORTANT DISCLAIMERS, A COMPLETE DISCLAIMER OF WARRANTIES, AND LIMITATIONS OF LIABILITY, INCLUDING FOR TRADING LOSSES.
By clicking “I Agree,” or by installing, copying, or using SPX Tracker (the “Software”), you agree to be bound by this End User License Agreement and Risk Disclaimer (this “Agreement”). If you do not agree, do not install or use the Software, and delete all copies. If you are accepting on behalf of another person or entity, you represent that you have authority to bind them.
We grant you a personal, non-exclusive, non-transferable, revocable license to install and use the Software for your own use. You may not sell, rent, lease, sublicense, or redistribute the Software; modify or create derivative works of it; or reverse engineer, decompile, or disassemble it except to the extent such restriction is prohibited by applicable law. All rights not expressly granted are reserved by Scratch Itch Software.
THE SOFTWARE IS AN INFORMATIONAL TOOL ONLY. IT DOES NOT PROVIDE, AND NOTHING IT DISPLAYS, SENDS, OR COMPUTES CONSTITUTES, INVESTMENT ADVICE, FINANCIAL ADVICE, TRADING ADVICE, TAX ADVICE, LEGAL ADVICE, OR A RECOMMENDATION, SOLICITATION, OR OFFER TO BUY OR SELL ANY SECURITY, OPTION, OR OTHER FINANCIAL INSTRUMENT, OR TO EMPLOY ANY TRADING STRATEGY.
The Software’s outputs — including probability estimates, “tiers,” option greeks, profit and loss figures, roll signals, timing text, and any narrative summaries — are mechanical computations driven by thresholds you configure and by market data supplied by third parties. They are estimates produced by simplified models. They are not predictions, not recommendations, and not personalized to you by us.
SCRATCH ITCH SOFTWARE IS NOT A BROKER-DEALER, INVESTMENT ADVISER, FINANCIAL PLANNER, OR FIDUCIARY, AND IS NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION, FINRA, THE CFTC, OR ANY OTHER REGULATORY BODY. NO ADVISOR–CLIENT, FIDUCIARY, OR SIMILAR RELATIONSHIP IS CREATED BY YOUR USE OF THE SOFTWARE. IF YOU WANT INVESTMENT ADVICE, CONSULT A LICENSED PROFESSIONAL.
You are solely responsible for every trading and investment decision you make, including any decision made while using, or influenced by, the Software. You agree that you will independently verify any information the Software presents before acting on it, and that you will not treat the Software as a substitute for your own monitoring of your account, positions, and orders.
Trading options, including index option spreads, involves substantial risk and is not suitable for everyone. You can lose the entire amount at risk in a position, and losses on some option strategies can exceed the premium received. Past performance does not guarantee future results. YOU ASSUME ALL RISK ARISING FROM YOUR TRADING ACTIVITY, INCLUDING ANY ACTIVITY UNDERTAKEN WHILE USING THE SOFTWARE.
The Software depends on market data, greeks, and account information supplied by your brokerage platform and other third parties, and on email and notification services it does not control. Any of these can be delayed, incomplete, stale, unavailable, or simply wrong, and the Software itself may contain defects. Displays may show outdated values; computations may be based on bad inputs; alerts, emails, and notifications MAY FAIL TO ARRIVE AT ALL. You agree not to rely on the Software as your only means of monitoring any position.
The Software connects to trading platform software running on your own computer under your own brokerage agreement. Your relationship with your brokerage — including all trading, data entitlements, fees, and account security — is governed solely by your agreement with them. Scratch Itch Software is not affiliated with, endorsed by, or sponsored by Interactive Brokers or any brokerage. All trademarks are the property of their respective owners.
The Software is designed to be read-only: it is written to contain no order-placement code and to request read-only sessions. This is a design intent, not a guarantee, and it does not modify Section 8 or Section 9 of this Agreement. You are responsible for your own brokerage-side protections, such as enabling your platform’s read-only API setting.
THE SOFTWARE IS PROVIDED “AS IS” AND “AS AVAILABLE,” WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, SCRATCH ITCH SOFTWARE DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, QUIET ENJOYMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. WE DO NOT WARRANT THAT THE SOFTWARE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, THAT DEFECTS WILL BE CORRECTED, OR THAT ANY DATA OR OUTPUT WILL BE ACCURATE OR RELIABLE. NO ORAL OR WRITTEN INFORMATION OBTAINED FROM US OR FROM THE SOFTWARE CREATES ANY WARRANTY.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:
(a) IN NO EVENT WILL SCRATCH ITCH SOFTWARE OR ITS OWNERS, AUTHORS, CONTRACTORS, OR SUPPLIERS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY TRADING LOSSES, LOST PROFITS, LOST OPPORTUNITIES, LOSS OF DATA, OR COST OF SUBSTITUTE SERVICES, ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE SOFTWARE, HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY (CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE), EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES;
(b) OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE SOFTWARE WILL NOT EXCEED THE AMOUNT YOU PAID US FOR THE SOFTWARE, WHICH FOR THE FREE VERSION IS ZERO (US $0.00);
(c) THE EXCLUSIONS AND LIMITATIONS IN THIS SECTION APPLY EVEN IF ANY LIMITED REMEDY FAILS OF ITS ESSENTIAL PURPOSE. SOME JURISDICTIONS DO NOT ALLOW CERTAIN EXCLUSIONS OR LIMITATIONS, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU; IN THAT CASE OUR LIABILITY IS LIMITED TO THE SMALLEST AMOUNT PERMITTED BY LAW. YOU ACKNOWLEDGE THAT THE DISCLAIMERS AND LIMITATIONS IN THIS AGREEMENT ARE A REASONABLE ALLOCATION OF RISK AND AN ESSENTIAL BASIS OF OUR PROVIDING THE SOFTWARE WITHOUT CHARGE.
You will defend, indemnify, and hold harmless Scratch Itch Software and its owners, authors, and contractors from and against any claims, damages, liabilities, costs, and expenses (including reasonable attorneys’ fees) arising out of your use of the Software, your trading activity, or your breach of this Agreement.
The Software runs locally. It communicates with your brokerage platform on your own computer; with an email account you configure, if you configure one; with our website to check for updates; and with a third-party AI service only if you supply an API key for the optional narrative feature. It does not transmit your positions, account numbers, or credentials to Scratch Itch Software. We operate no servers that receive your data.
The Software may check for and offer updates. This Agreement covers updates unless a new agreement is presented, in which case continued use after acceptance of the new version is governed by it. We may modify this Agreement for future versions; the version you accepted remains available from the Software’s menu.
This Agreement is effective until terminated. It terminates automatically if you breach it. You may terminate it at any time by deleting the Software. Sections 3–11 and 14 survive termination.
This Agreement is governed by the laws of the Commonwealth of Massachusetts, USA, without regard to its conflict-of-laws rules, and any dispute arising out of or relating to it will be brought exclusively in the state or federal courts located in Massachusetts, and you consent to their jurisdiction. If any provision of this Agreement is held unenforceable, it will be enforced to the maximum extent permissible and the remainder will remain in full effect. This Agreement is the entire agreement between you and Scratch Itch Software regarding the Software and supersedes all prior understandings. Our failure to enforce any provision is not a waiver.
Scratch Itch Software — https://scratchitchsoftware.com