|
Terms of Use
Effective date: May 8, 2025
Welcome to 10x10.com
Powered by DataJaguar
These Terms of Use are a binding contract between you and DataJaguar Inc. (10x10, we, us, our). It contains the rules and restrictions that govern your use of 10x10’s products and services (referred to below simply as “10x10”). If you have any questions, comments, or concerns regarding these Terms or our products and services, please contact us at https://www.10x10.com/contact.html with your contact information.
Using 10x10M in any way means that you agree to all of these Terms, and these Terms will remain in effect while you use 10x10. These Terms include everything in this document, as well as those in the Privacy Policy. If you don’t agree to all of the following, you may not use or access 10x10 in any manner.
You represent and warrant that you are of legal age to form a binding contract. As detailed further below, you may not and must not use 10x10 if you are under 16 years old.
If you’re agreeing to these Terms on behalf of an organization or entity, you represent and warrant that you are authorized to agree to these Terms on that organization or entity’s behalf and bind them to these Terms (in which case, the references to “you” and “your” throughout this document refer to that organization or entity).
Signup of Subscription
You may be required to sign up for an account and provide your email address. You choose to enter stock ticker symbols and subscribe
information about these ticker symbols. You promise to provide us with accurate, complete, and up-to-date registration information
about yourself.
You agree that you will only use 10x10 for your own personal or organizational use, and not on behalf of
or for the benefit of any third party. You may not transfer your account to anyone else without our prior written permission.
You agree to make payments for the services you subscribe to on 10x10. Pricing is based on the number of financial
tickers you select. A financial ticker refers to either an equity stock ticker or an ETF ticker. For each ticker you subscribe
to, a fee applies, and you are responsible for paying the total fee corresponding to all subscribed tickers.
Charges are billed on a monthly basis, with each billing cycle beginning on the date of your initial subscription
and continuing until the same date in the following month.
You will be charged for any ticker that remains subscribed on any day within a billing period. If a ticker
remains subscribed at any point during the billing period, you will be billed for it for that entire period.
Conversely, if you unsubscribe from a ticker before or during a billing period, you will not be charged for
it in that billing cycle.
10x10 provides unsubscribe tools that allow you to remove one or more financial tickers from your subscription
at any time. There is no limit to the number of financial tickers you may subscribe to.
Your Email
The email address you provide during signup must be accurate and authentic, as it serves as the primary identifier for your subscription and account with 10x10. You are responsible for keeping your email account secure and accessible, as 10x10 will regularly deliver financial ticker charts and related information to this address as part of your subscription. You may not use an email address for your 10x10 account that you are not authorized to use, or that belongs to another person with the intent to impersonate them. 10x10 reserves the right, at its sole discretion, to refuse the registration of, or to cancel, any 10x10 account associated with such an email address.
Service Delivery
10x10 will send daily email notifications on days when U.S. markets are open, containing information related to the financial tickers subscribed to by the user. While 10x10 will make every effort to ensure timely delivery, a specific delivery time is not guaranteed. Delivery may be delayed due to unforeseen incidents such as power outages, network disruptions, or failures of AI agents involved in the delivery process. 10x10 is committed to promptly addressing any issues that may affect email delivery and will make its best effort to maintain consistent service to its users.
Limitation of Liability
The stock charts, texts, and other visual materials provided are for informational purposes only. They do not constitute investment advice and are not intended to be a substitute for professional financial guidance from the sender or any affiliated companies. All investments carry risk. You are solely responsible for managing your own investment decisions and associated risks. The stock charts and related information provided are intended for reference purposes only. You should not rely solely on this information when making financial or investment decisions. The data presented may not accurately reflect the future direction of the overall market or any specific financial asset. Market trends can be influenced by a wide range of factors, including macroeconomic conditions, geopolitical developments, natural disasters, the progression of social movements, significant news events, and changes in corporate leadership. Additionally, your personal risk tolerance and individual circumstances must be taken into account when evaluating investment opportunities. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. By using this information, you acknowledge and accept full responsibility for the outcomes of your investment choices.
To the fullest extent allowed by applicable law, under no circumstances and under no legal theory shall 10x10, its licensors, or its suppliers be liable to you or to any other person for any indirect, special, incidental, or consequential damages and financial losses of any kind.
No Warranties
10x10 is provided to you on an “as-is” basis. This means we provide it to you without any express or implied warranties of any kind. That includes any implied warranties of merchantability, warranties of fitness for a particular purpose, non-infringement, or any warranty that the use of 10x10 will be uninterrupted or error-free. Accordingly, we do not:
Make any representations or warranties about any content contained in or accessed through 10x10, and we will not be responsible for the accuracy, copyright compliance, legality, or decency of material contained on our products and services.
Make any representations or warranties regarding suggestions or recommendations of products or services offered or purchased through 10x10. Products and services purchased or offered through 10x10, including publications, are provided “as-is” and without any warranty of any kind from 10x10.
Pricing Policy
You understand and agree that your subscription is governed by the pricing policy established by 10x10.
This pricing policy may be modified at any time at 10x10’s discretion, and by continuing your
subscription, you agree to the terms set forth in the policy. If you do not accept the pricing policy,
you have the option to unsubscribe from any 10x10 service. The current pricing policy is outlined
in Pricing Policy.
Terminating Your Account
10x10 is free to terminate (or suspend access to) your use of 10x10, or your account, for any reason at our discretion. We will try to provide advance notice to you prior to our terminating your account so that you are able to retrieve any important data you may have uploaded to your account, but we may not do so if we determine it would be impractical, illegal, not in the interest of someone’s safety or security, or otherwise harmful to the rights or property of 10x10.
You understand and agree that it may not be possible to completely delete your content from 10x10’s records or backups, and that your information may remain viewable elsewhere to the extent that they were copied or stored by third-party payment gateways. Please refer to our Privacy Policy to understand how we treat information you provide to us after you have stopped using 10x10.
You agree that some of the obligations in these Terms will be in force even after you terminate your account. All of the following terms will survive termination: any obligation you have to pay us or indemnify us, any limitations on our liability, any terms regarding ownership or intellectual property rights, terms regarding disputes between us, and any other terms that, by their nature, should survive termination of these Terms.
If you have deleted your subscribed tickers or made mistakes by mistake, contact us immediately at https://www.10x10.com/contact.html with your contact information – we will try to help, but unfortunately, we can’t promise that we can recover or restore anything.
Privacy on 10x10
10x10 takes your privacy very seriously. For the current 10x10 Privacy Policy, please click here.
SMS Messaging
If you provide us your phone number, we may use an SMS message to verify your control of the phone number. Your carrier’s message and data rates may apply to this SMS verification. We don’t send text messages for other purposes, however, you can reply “HELP” for help, or “STOP” to opt out of receiving text messages. You can learn more about our use of phone numbers and SMS messages in our privacy policy.
Third Party Services and Integrations
We may offer you functionality that allows you to integrate third-party services in 10x10, or to use 10x10 to interact with third-party services. Where we do, you understand that your use of third-party services is subject to those services’ own terms and policies. In particular, if you use your stripe.com account, you agree to be bound by the Stripe terms of service.
Changes to 10x10
We’re always trying to improve 10x10, so our products and services may change over time. We may suspend or discontinue any part of 10x10, or we may introduce new features or impose limits on certain features or restrict access to parts or all of 10x10. We’ll try to give you notice when we make a material change to 10x10 that would adversely affect you, but this isn’t always possible or practical.
Changes to the Terms
We are constantly trying to improve our products and services, so these Terms may need to change along with 10x10. We reserve the right to change the Terms at any time, but if we do, we will bring it to your attention by placing a notice on the website, by sending you an email, and/or by some other means.
If you don’t agree with the new Terms, you are free to reject them; unfortunately, that means you will no longer be able to use 10x10. If you use 10x10 in any way after a change to the Terms is effective and notice has been provided, that means you agree to all of the changes.
Except for changes by us as described here, no other amendment or modification of these Terms will be
effective unless in writing and signed by both you and us.
US Government Agencies
If you are a United States Federal Government Agency, please read this
Amendment which applies to you.
Violations of the Terms
Failure to follow any of these Terms shall constitute a breach of these Terms, which may result in immediate termination of your account. 10x10 has the sole right to decide whether you are in violation of any of the restrictions set forth in these Terms.
Miscellaneous Terms
The above covers most of the questions that we typically receive about 10x10. We have grouped provisions that come up less frequently below:
Indemnification: To the fullest extent allowed by applicable law, you agree to indemnify and hold 10x10, its affiliates, officers, agents, employees, and partners harmless from and against any and all claims, liabilities, damages (actual and consequential), losses and expenses (including attorneys’ fees) arising from or in any way related to any third party claims relating to (a) your use of 10x10 (including any actions taken by a third party using your account), and (b) your violation of these Terms. In the event of such a claim, suit, or action, we will attempt to provide notice to the contact information we have for your account (provided that failure to deliver such notice shall not eliminate or reduce your indemnification obligations hereunder).
Assignment: You may not assign, delegate or transfer these Terms or your rights or obligations hereunder, or your 10x10 account, in any way (by operation of law or otherwise) without our prior written consent. We may transfer, assign, or delegate these Terms and our rights and obligations without consent.
Choice of Law: These Terms are governed by and will be construed under applicable federal law and the laws of the State of California, without regard to the conflicts of laws provisions thereof.
Arbitration and Class Action Waiver: Any dispute arising from or relating to the subject matter of these Terms shall be finally settled by arbitration in Contra Costa County, California, in accordance with the Streamlined Arbitration Rules and Procedures of Judicial Arbitration and Mediation Services, Inc. (“JAMS”) then in effect, by one commercial arbitrator with substantial experience in resolving intellectual property and commercial contract disputes, who shall be selected from the appropriate list of JAMS arbitrators in accordance with the Streamlined Arbitration Rules and Procedures of JAMS. Judgment upon the award so rendered may be entered in a court having jurisdiction, or application may be made to such court for judicial acceptance of any award and an order of enforcement, as the case may be. Notwithstanding the foregoing, you and 10x10 shall have the right to institute an action in a court of proper jurisdiction for injunctive or other equitable relief pending a final decision by the arbitrator. For all purposes of these Terms, you consent to exclusive jurisdiction and venue in the state or federal courts located in, respectively, Contra Costa Country, California, or the Northern District of California. The prevailing party in any action or proceeding arising out of these Terms will be entitled to an award of costs and attorneys’ fees. To the fullest extent permitted by law, you and 10x10 gree that all claims against the other can only be brought in an individual capacity, and not as a plaintiff or class member in any purported class, consolidated, or other representative proceeding. We agree that arbitrators may not conduct any class, consolidated, or representative proceeding, and are limited to providing relief warranted by an individual party's claim.
No Third-Party Beneficiaries: We agree there are no third-party beneficiaries intended under these Terms.
No Joint Venture: You hereby acknowledge and agree that you are not an employee, agent, partner, or joint venture of DataJaguar Inc., and you do not have any authority of any kind to bind us in any respect whatsoever.
Waiver: The failure of either you or us to exercise, in any way, any right herein shall not be deemed a waiver of any further rights hereunder.
Severability: If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated, to the minimum extent necessary, so that these Terms shall otherwise remain in full force and effect and enforceable.
Entire Agreement: You agree that these Terms are the complete and exclusive statement of the mutual understanding between you and us, and that it supersedes and cancels all previous written and oral agreements, communications and other understandings relating to the subject matter of these Terms.
|
|
|
Alpha Return
Alpha is calculated using the formula: Alpha = R - Rf - beta (Rm - Rf), where R is the portfolio's return, Rf is the risk-free rate, beta is the portfolio's systematic risk, and Rm is the market return. The formula is derived from: R = Alpha + Rf + beta (Rm - Rf). A positive alpha means the investment has earned more than expected, given its risk, suggesting good management or stock-picking skills. Alpha is a crucial metric for assessing the performance of active investment strategies, particularly those that aim to generate returns above the market average (e.g. SP 500). In simple terms, Alpha is used to describe an investment strategy's ability to beat the market.
|
|
Financial Assets
Assets are resources owned by a company. They can include cash, stocks, bonds,
property, and inventory. Assets are recorded on the balance sheet.
|
|
Balance Sheet
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time, showing what it owns (assets), what it owes (liabilities), and the remaining value for the owners (equity). According to GAAP, options, swaps, and contracts that qualify as derivatives are recorded on the balance sheet at fair value which is the value of the derivative (not the price of the underlying asset).
|
|
Beta Return
In finance, beta return refers to the portion of an investment's return that is directly related to the overall market's performance. It's a key component in the Capital Asset Pricing Model (CAPM). A stock with a beta of 1.5 might move 50% more positive than the market when the market goes up, and 50% more negative when it goes down.
|
|
Bull Market
A bull market is a prolonged period where investment prices rise faster than their historical average, as a result of economic recovery, boom, or investor psychology; these terms are most often used to refer to the stock market, but can be applied to anything that is traded, such as bonds, currencies, and commodities.
|
|
Bear Market
A bear market is a prolonged market period where investment prices fall, usually accompanied by widespread pessimism, as a result of economic recession, high unemployment, or rising inflation. A bull market is usually long. A bear market is usually short.
|
|
Bond
Debt issued for several years by corporations, governments, with the intent of raising capital by borrowing; a bond is the promise to repay the principal along with interest on a specified date; some bonds do not pay interest, but all bonds require a repayment of principal.
|
|
Capital Gain
The amount that an asset’s selling price exceeds its initial purchase price; a realized capital gain is an investment that has been sold at a profit, while an unrealized capital gain is an investment that has not been sold yet, but would result in a profit if it was to be sold.
|
|
Capital Loss
A decrease in the value of an investment or asset from the initial purchase price; opposite of Capital Gain. A realized capital loss is an investment that has been sold at a loss, while an unrealized capital loss is an investment that has not been sold yet, but would result in a loss if it was to be sold.
|
|
Capital Expenditure
The formula is: CapEx = (Ending PPE - Beginning PPE) + Depreciation Expense.
PPE is Property, Plant, and Equipment.
Example: In year end of 2024, company owns 1000 servers. In year end of 2025, Company owns 3000 servers. CapEx is the cost of 2000 servers and depreciation of all the 3000 servers. The cost of 2000 new servers cannot be counted as expenses. They must be depreciated.
|
|
Delta Risk
Delta risk in options trading, measures the sensitivity of an option's price to changes in the price of the underlying stock.
If a call option has a delta of 0.5, it's expected to increase in value by $0.50 for every $1 increase in the underlying stock's price.
|
|
Dividend
A taxable payment paid to a company’s shareholders out of the current or retained earnings, usually quarterly; usually distributed as cash, but can also take the form of stock or other property; provide an incentive to own stock in stable companies; usually paid by companies that have progressed beyond their growth phase and no longer sufficiently benefit by reinvesting their profits. A dividend on a stock is usually reflected on its 2X and 3X ETFs.
|
|
Equity
Stocks. Type of securities that represent ownership in a corporation and represent a claim on a proportionate share of the corporation’s assets and profits.
|
|
Free Cash Flow
Free cash flow (FCF) shows how much cash a company has left over after paying for expenses, making it an indicator of financial health.
|
|
Gamma
Gamma is the first derivative of delta and is used when trying to gauge the price movement of an option, relative to the amount it is in the money or out of the money. It describes how the delta will change as the underlying stock changes. So if an option's delta is +40 and the gamma is 10, a $1 increase in the underlying stock price would result in that option's delta becoming +50.
|
|
Income Sheet
Income sheet contains an income statement that is a financial report used by a business. It tracks the company's revenue, expenses, gains, and losses during a set period. Also known as the profit and loss (P&L) statement, it provides valuable insights into a company’s operations, the efficiency of its management, underperforming sectors, and its performance relative to industry peers.
|
|
Inflation
An overall general increase in the price of goods and services resulting in a fall in the value of the dollar; measured by the Consumer Price Index and maintained by the Fed at usually 2-3% annually.
|
|
Liquidity
The ability of an investment to be easily converted into cash with little-to no loss of capital, no price discount, and a minimum of delay.
|
|
Money Market
An account in which accumulated funds are invested in various short-term liquid securities. It can earn a higher rate of return than savings accounts.
|
|
Operating Expense
Costs incurred to run a business, such as rent, salaries, and marketing. They are tax deductible.
|
|
Retained Earnings
Retained earnings (RE) are a part of the company's profits that have not been paid out as dividends. If a company does not pay dividends to its share holders, then all the net earnings essentially becomes retained earnings.
|
|
Savings Account
Guaranteed to earn interest. Low rates of return. Federally insured.
|
|
Swap
An equity swap is a financial derivative contract where two parties exchange cash flows based on the performance of an equity, like a stock or an equity index, against a fixed or floating interest rate. Example: Party A: A hedge fund (wants to bet Tesla stock (TSLA) will go up). Party B: A big investment bank (provides swap service). Underlying Asset Tesla (TSLA) stock. Bet TSLA can rise to $500 in 6 months. Swap Term 6 months. Notional Principal $10 million. Rate 1% fixed rate (paid by A to B). Settlement Cash only. Suppose after 6 months: TSLA rises from $300 to $500. A pays B 1% of $10M = $100,000. B pays A $6,667,000 gain from TSLA. Investment Bank B will usually hedge itself by: Buying TSLA shares, or, using derivatives so that it neutralizes its exposure to TSLA price swings. It profits mainly from the 1% fee. Suppose TSLA drops from $300 to $200 (33% loss). Then A must pay $3.333 million (loss) + 1% interest ($100k) to B.
|
|
Relative Strength Index
Relative Strength Index (RSI) is a momentum indicator used in technical analysis to measure the speed and magnitude of recent price changes. It helps traders identify potential overbought or oversold conditions and generate buy and sell signals.
|
|
MACD
MACD stands for Moving Average Convergence Divergence. It is a technical indicator used to identify changes in the direction, strength, and momentum of a stock's price trend. Specifically, MACD helps traders find potential entry and exit points for trades by analyzing the relationship between two exponential moving averages (EMAs) of a stock's price.
|
|
Bollinger Bands
Bollinger Bands are a technical analysis tool used to measure price volatility and identify potential overbought or oversold conditions in a market. They consist of three bands: a middle band (usually a 20-period simple moving average), an upper band (two standard deviations above the moving average), and a lower band (two standard deviations below the moving average).
|
|
Stochastic Oscillator
A stochastic oscillator is a momentum indicator in technical analysis that compares closing price to its recent high-low range over a specific period. It is used to identify potential overbought and oversold conditions and predict potential trend reversals. The oscillator's readings range from 0 to 100, with values above 80 often signaling overbought conditions and values below 20 suggesting oversold conditions.
|
|
On-Balance Volume
On-Balance Volume (OBV) is a technical analysis indicator used to gauge market sentiment by analyzing volume flow and price movement. It is essentially a cumulative total of positive and negative volume, aiming to identify whether smart money (institutional investors) are accumulating (buying) or distributing (selling) a stock.
|
|
Money Flow Index
The Money Flow Index (MFI) is a technical indicator that is used to signal whether a certain security is overbought or oversold. A value above 80 indicates overbought security, while a value below 20 indicates oversold security. Algorithm: Typical Price = (Low + High + Close) / 3; Raw Money Flow = Volume x Typical Price; Money Ratio = 14-period Positive Money Flow / 14-period Negative Money Flow; Money Flow Index (MFI) = 100 – [100 / (1 + Money Ratio)]
|
|
Long Butterfly
Long 1 call with a strike price of (X − a). Long 1 call with a strike price of (X + a). Short 2 calls with a strike price of X. X is current market price of a stock, and a > 0. It expects a low volativity (approximately variation [-a/3, +a/3]) to make a profit.
|
|
Short Butterfly
A short butterfly consists of two long calls at a middle strike and short one call each at a lower and upper strike. The upper and lower strikes (wings) must both be equidistant from the middle strike (body), and all the options must have the same expiration date. Example: Sell 1 strike=65 call, Buy 2 strike=60 calls, Sell 1 strike=55 call. It expects a high volatility to generate a profit (out-of-range {<57, >63}).
|
|
Long Straddle
Buying both a call and a put option, anticipating significant price movement in either direction.
|
|
Short Straddle
Selling both a call and a put option, expecting the price to remain relatively stable within an expected range.
|
|
Long Strangle
A long strangle consists of one long call with a higher strike price and one long put with a lower strike. Example: Buy 1 contract (100 shares) of XYZ at strike 105 call (cost=1.50); Buy 1 contract (100 shares) of XYZ at strike 95 put (cost 1.30). Total cost is 2.80. If price becomes < 92 or price > 108, you can expect to be profitable.
|
|
Short Strangle
A short strangle gives you the obligation to buy the stock at strike price A (low) and the obligation to sell the stock at strike price B (high) if the options are assigned. You are predicting the stock price will remain somewhere between strike A and strike B, and the options you sell will expire worthless. By selling two options (sell Put at low and sell Call at high), you significantly increase the income you would have achieved from selling a put or a call alone. But that comes at a cost. You have unlimited risk on the upside and substantial downside risk. Example: If current price is 40, you sell put at 30, and sell call at 50. If price stays approximately within the range [28, 52], you can make a profit.
|
|
Iron Condor
Buy a put, strike A; Sell a put, strike B; Sell a call, strike C; Buy a call, strike D. (A < B < C < D). This strategy can limit your risk of loss on both the short and long directions.
|
|
