Disclosures & Risk Disclosure

Advisory & Risk Terms: Sky Manor Trading LLC vadvisory-2026.05

Important disclosures, Sky Manor Trading LLC. This newsletter is automated market commentary and analysis published by Sky Manor Trading LLC (“AgentHC”) for educational and informational purposes only. It is not investment advice, and it is not a recommendation, offer, or solicitation to buy or sell any security, option, or other financial instrument. It is general in nature, identical for all readers, and is not tailored to any individual's financial situation, objectives, or risk tolerance.

Sky Manor Trading LLC is not a registered investment adviser or broker-dealer, and nothing in this publication creates an advisory, fiduciary, or brokerage relationship. You are solely responsible for your own investment decisions.

Hypothetical performance. Any accuracy rates, win rates, or profit/loss figures referenced are HYPOTHETICAL or SIMULATED. They are derived from paper-traded signals modeled at quoted (NBBO mid) prices; they do not represent actual trades or the results of any customer account and do not reflect commissions, slippage, fees, or real-world liquidity. HYPOTHETICAL PERFORMANCE RESULTS HAVE INHERENT LIMITATIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. Past performance is not indicative of future results.

Positions & conflicts. Sky Manor Trading LLC and its principals may hold, and may buy or sell, positions in the securities or options discussed, and may do so before, during, or after publication, including exiting into reader activity. Assume a position may exist.

Options risk. Options trading involves substantial risk and is not suitable for all investors; you may lose your entire investment or more. Before trading options, read the Options Clearing Corporation's “Characteristics and Risks of Standardized Options” (the Options Disclosure Document): https://www.theocc.com/company-information/documents-and-archives/options-disclosure-document.

Always do your own research and consult a licensed financial professional before making any investment decision.

© 2026 Sky Manor Trading LLC. All rights reserved.

OPRA Subscriber Agreement (Form B-1) vB-1-2014.12

Sky Manor Trading LLC

IMPORTANT NOTICE: This Subscriber Agreement (this "Agreement") is an agreement between you and Sky Manor Trading LLC for you to receive information published by the Options Price Reporting Authority, LLC ("OPRA"). Please read this Agreement carefully. After you have read this Agreement, please indicate your agreement to be bound by its terms and conditions by clicking on the "I AGREE" button at the end. If you do not agree to these terms and conditions, you will be unable to receive the information.

By completing and submitting this Agreement, you are applying to receive from Sky Manor Trading LLC (traderhc.staff@gmail.com) ("Vendor") a market data service (the "Service") providing access to current options last sale and quotation information and related information ("OPRA Data") published by OPRA pursuant to a Plan declared effective by the Securities and Exchange Commission. The parties to this Plan (each, an "OPRA Participant") are those national securities exchanges that are from time to time approved by the Securities and Exchange Commission for the trading of securities options. In reviewing and approving this Agreement, Vendor is authorized to act on behalf of OPRA. The person who acts from time to time as data processor on behalf of OPRA is referred to herein as "OPRA's Processor." By completing and submitting this Agreement and clicking on the "I AGREE" button at the end of this Agreement, you are consenting to enter into this Agreement in electronic form. You have the right to withdraw your consent by terminating this Agreement and your receipt of the OPRA Data (see paragraph 6). This Agreement includes an Addendum for Nonprofessionals. The purpose of the Addendum is to determine whether you are a Nonprofessional under OPRA's definition. If you are a Nonprofessional, OPRA's charges to Vendor for your use of the OPRA Data are subject to a cap, and you may be entitled to pay lower fees to Vendor.

1. Subscriber Name and Address. Your full name and address are: collected via the Subscriber Information form that opens when you click "I AGREE" below. This information is required and will be stored as part of your agreement record.

2. Use of OPRA Data. You shall receive the Service and the OPRA Data included therein solely for your own business or personal use, and you shall not retransmit or otherwise furnish the OPRA Data to any person, other than your own employees on devices that are subject to the control of Vendor. If you are a Nonprofessional and have completed the Addendum for Nonprofessionals, you are only permitted under this Agreement to use the OPRA Data for the investment activities described in the Addendum for Nonprofessionals.

3. Property of OPRA Participants. You acknowledge that OPRA Data is and shall remain the property of the OPRA Participant on which a reported transaction took place or a reported quotation was entered.

4. Disclaimer of Liability. NEITHER VENDOR, OPRA, OPRA'S PROCESSOR NOR ANY OPRA PARTICIPANT GUARANTEES THE TIMELINESS, SEQUENCE, ACCURACY OR COMPLETENESS OF ANY OF THE OPRA DATA SUPPLIED TO YOU HEREUNDER AND NEITHER VENDOR, OPRA, OPRA'S PROCESSOR NOR ANY OPRA PARTICIPANT SHALL BE LIABLE IN ANY WAY, TO YOU OR TO ANY OTHER PERSON, FOR ANY LOSS, DAMAGES, COST OR EXPENSE WHICH MAY ARISE FROM ANY FAILURE OF PERFORMANCE BY VENDOR, OPRA, OPRA'S PROCESSOR OR ANY OPRA PARTICIPANT, OR FROM ANY DELAYS, INACCURACIES, ERRORS IN OR OMISSIONS OF, ANY OF THE OPRA DATA OR IN THE TRANSMISSION OR DELIVERY THEREOF, WHETHER OR NOT DUE TO ANY NEGLIGENT ACT OR OMISSION ON THE PART OF VENDOR, OPRA, OPRA'S PROCESSOR OR ANY OPRA PARTICIPANT. IN NO EVENT SHALL VENDOR, OPRA, OPRA'S PROCESSOR OR ANY PARTICIPANT BE LIABLE FOR ANY INCIDENTAL, SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, TRADING LOSSES, OR DAMAGES RESULTING FROM INCONVENIENCE OR LOSS OF USE OF THE SERVICE.

5. Modification. The terms of this Agreement may be modified at any time upon notice to you. If you do not assent to this Agreement as modified at or prior to the time you next attempt to access the Service, this Agreement shall automatically be terminated. This Agreement as modified shall apply to your use of the Service from and after the date of the modification.

6. Termination. Your receipt of the OPRA Data hereunder may be terminated at any time by you or by Vendor upon 30 days notice from the terminating party to the other party, and may be terminated immediately upon a determination by Vendor or OPRA that you are not in compliance with this Agreement.

7. OPRA's Right to Modify or Discontinue Service. Nothing herein shall be deemed to prevent or restrict OPRA, OPRA's Processor or any OPRA Participant from discontinuing to furnish OPRA Data for dissemination or from making such changes in the speed of transmission, the characteristics of the electrical signals representing the OPRA Data or the manner of disseminating the same, as OPRA shall from time to time determine to be appropriate, with or without notice to you. You shall not hold OPRA, OPRA's Processor, or any OPRA Participant liable for any resulting liability, loss or damage that may arise therefrom.

8. Notice of Changes. You agree to notify Vendor promptly of any changes in the information provided herein and to furnish Vendor any additional information requested by it in connection with your receipt of the OPRA Data.

9. Express Benefit of OPRA. The parties acknowledge and agree that this Agreement is for the express benefit of OPRA, OPRA's Processor and each OPRA Participant.

10. Survival. The provisions of paragraphs 3, 4 and 9 will survive any termination of this Agreement and will remain in full force and effect.

11. Notices. All notices under this Agreement shall be provided electronically. All electronic notices to Vendor shall be sent to traderhc.staff@gmail.com and all such notices to you shall be sent to the email address you provided in paragraph 1. By accepting this Agreement, you consent to receive all notices in electronic form.

Addendum for Nonprofessionals

Addendum 1(a) — Natural Person or Qualifying Trust. I am either a "natural person" (an individual human being) or a "qualifying trust." I am not a corporation, partnership, limited liability company, or other form of entity (including any form of trust that does not qualify as a qualifying trust).

Addendum 1(b) — Personal Investment Activities Only. If I am a natural person, I shall use the OPRA Data solely in connection with my personal investment activities and the personal investment activities of my immediate family members and qualifying trusts of which I am the trustee or custodian. If I am a qualifying trust, I shall use the OPRA Data solely in connection with my personal investment activities. In any case, I shall not use the OPRA Data in connection with any trade, business, professional or other commercial activities.

Addendum 1(c) — Not a Professional. I am not a "Professional." For a natural person who works in the United States, a "Professional" is a natural person who is: (i) registered or qualified with the Securities and Exchange Commission, the Commodities Futures Trading Commission, any state securities agency, any securities exchange/association, or any commodities/futures contract market/association, (ii) engaged as an "investment adviser," as that term is defined in the Investment Advisers Act of 1940 (whether or not registered or qualified under that Act); or (iii) employed by a bank or other organization exempt from registration under Federal and/or state securities laws to perform functions that would require me to be so registered or qualified if I were to perform such functions for an organization not so exempt. For a natural person who works outside of the United States, a "Professional" is a natural person who performs the same functions as someone who would be considered a "Professional" in the United States.

Addendum §2 — Notify on Status Change. I agree to notify Vendor promptly if my circumstances change such that any of the statements in this Addendum would no longer be true for me.

Defined terms: *Qualifying trust:* (a) any irrevocable or revocable trust which has only one trustee, who is a natural person and is not receiving any compensation for acting as trustee, and of which the only current beneficiaries are any one or more of the trustee and the immediate family members of the trustee, and (b) any custodial account established under a Uniform Transfers to Minors Act or similar state statute which has only one custodian, who is a natural person and is not receiving any compensation for acting as custodian, and of which the beneficiary is a lineal descendant of the custodian. *Immediate family members:* the spouse of that person, that person's lineal ancestors and lineal descendants, and the spouses (including surviving spouses) of that person's lineal ancestors and lineal descendants. Includes step and adoptive relationships.

By clicking "I AGREE — Provide Subscriber Info" below and completing the form that opens, you agree that: (i) you have read and understand all of the terms and conditions of the Subscriber Agreement and the Addendum for Nonprofessionals set forth above; and (ii) you intend to form a legally binding and valid contract under which you will be bound by all of the terms and conditions set forth above.