Quantimental Capital Research (SEBI Research Analyst, Reg. No. INH000027964 • BSE Enlistment No. 7283) • Version 2.0 • Effective 26 August 2026
Straddle Lab is supplied by Quantimental Capital Research ("QMCR", "we", "us"); GSTIN 29BQNPS2970M1ZU; email support@qmcr.in. QMCR is a SEBI-registered Research Analyst (Reg. No. INH000027964; BSE RAASB Enlistment No. 7283). We operate the website at qmcr.in and the Straddle Lab software tool described in these Terms.
Regulatory primacy. These Terms operate subject to the SEBI Act 1992, the SEBI (Research Analysts) Regulations 2014, applicable SEBI circulars and master circulars, RAASB requirements, and every other law that applies to us or to you. If anything in these Terms conflicts with a right you have, or an obligation we have, under those laws, the law prevails and the conflicting portion of these Terms is read down accordingly. Nothing in these Terms excludes, limits, or asks you to waive any right or protection that cannot lawfully be excluded, limited, or waived.
Contact: research@qmcr.in, +91 79809 99588.
Straddle Lab is separately offered, non-personalised software functionality — a pure software subscription. It provides user-directed computation and display of historical data, and does not issue or communicate any research report, recommendation, opinion, trading call, price target, stop-loss target, or model portfolio. It is not a research service under the SEBI (Research Analysts) Regulations; the subscription fee is charged solely for access to the self-service application, and subscribing does not make you a research-services client of QMCR. The tool presents historical backtest heatmaps for intraday index-option structures (such as short straddles, strangles, iron flies, iron condors and related structures) on supported Indian index instruments, including NIFTY, SENSEX and BANKNIFTY, across combinations such as entry time, stop-loss level, exit time, DTE, market-regime filters and user-selected cost assumptions.
Rankings are arithmetic, not opinions. The tool displays historical metric values for configurations you select. Where it labels a combination "best", "worst", highest, lowest, or similar, that label identifies only the numerical maximum or minimum within the historical sample and metric selected by you — a mechanical sort of historical numbers. It does not evaluate suitability, predict future performance, select a configuration for future use, or suggest that you trade anything. Changing your inputs changes the ranking. You alone decide what, whether, and when to trade.
Straddle Lab is offered in tiers differentiated by the depth of historical data and features made available: a Free trial tier for new accounts, a paid Pro tier with the full archive and feature set, and a Member tier, which is a no-charge or invitation-only access tier activated by access code and not offered for public purchase. The current tiers, data depths, validity periods and prices are as published on the Straddle Lab page at the time of purchase.
Fixed validity, no auto-renewal: Paid plans have a fixed validity period from the date of activation and do not auto-renew. At the end of the validity period, access lapses automatically to whatever free tier, if any, is then available to that account. There is no recurring charge.
Discount Coupons and No-Charge Access Codes. A Discount Coupon reduces an otherwise payable fee; a No-Charge Access Code activates a stated tier for a stated period without payment. Each is a limited authorisation on the terms notified with it. Unless stated otherwise: a coupon or code is issued to a named person, is single-use, single-account and non-transferable, has no cash value, cannot be exchanged or resold, and expires as stated (or, if unstated, when we withdraw the programme). Where a Discount Coupon reduces a paid plan's fee, the invoice states the actual fee paid, and any refund or liability computation under Sections 7 and 10 uses the fee actually paid. Access under a No-Charge Access Code is free access for the purposes of these Terms; a stated validity period is the maximum access period and does not make no-charge access irrevocable — it remains subject to Sections 8 and 12 and may be suspended or withdrawn as expressly provided in these Terms. Fraudulent generation, transfer, or use of coupons or codes is a material breach.
No indefinite commitment. Except for paid access already activated for its stated validity period, nothing on this site obliges QMCR to continue offering Straddle Lab, any dataset, instrument, filter, feature, price, free tier, or support channel indefinitely. We may make non-material changes to datasets, interfaces, and features at any time. During an activated paid period we will not intentionally withdraw the tool's core paid functionality except where reasonably required by law, regulation, security, data integrity, or third-party licensing restrictions. If a change results in permanent discontinuation of Straddle Lab during your paid validity period, the refund rule in Section 7 applies; and nothing in this paragraph restricts a mandatory remedy under applicable law for a materially deficient or misdescribed service.
A software product, not a research service. Straddle Lab is separately offered, non-personalised software functionality and is not part of QMCR's SEBI-registered research services. The subscription fee is charged solely for access to a self-service analytics application. No research report, recommendation, buy/sell call, or advice of any kind is provided against the fee, and purchasing a plan does not make you a research-services client of QMCR.
Free trial and free access. Each eligible new account receives one Free trial of approximately one month beginning at account creation; an account is eligible only if it is the person's first Straddle Lab account, created with accurate details and not to circumvent a prior expiry, suspension, or termination. We may alter or withdraw the Free trial programme for accounts that have not yet activated it, and may suspend or terminate an activated trial for breach, fraud, security risk, or legal or regulatory requirement — but will not shorten an activated trial merely for convenience. All other free, promotional, or invitation access is a courtesy, not an entitlement, and may be changed, limited, or withdrawn at any time. You will not be charged unless you explicitly complete a paid purchase.
Straddle Lab subscriptions are software-tool subscriptions with a fixed validity. Our policy, stated fully in the Refund & Cancellation Policy, is:
By accessing Straddle Lab you agree that you will:
Disclosure of limited excerpts where required by law, a court, or a regulator is not a breach, provided you notify us where lawful to do so.
Subject to these Terms and payment of applicable fees, QMCR grants you a limited, personal, non-exclusive, non-transferable and non-sublicensable licence to access and use Straddle Lab and its outputs for your own internal analytical use during your applicable access period. The licence may be suspended or terminated only in accordance with Section 12. No other right is granted.
The Straddle Lab software, interface, heatmap methodology, cost models, and the selection, compilation, arrangement and presentation of its data and content are the intellectual property of QMCR or its licensors, protected by applicable Indian and international law. Market and reference data may be supplied by exchanges, vendors, or other licensors and may be subject to their ownership rights, usage restrictions, corrections, delays, and discontinuation requirements. The subscription grants no ownership in, or independent right to receive, redistribute, extract, or commercially use, any third-party data. QMCR may remove or replace data where required by a licensor or law. Any source attribution or notice displayed with the data forms part of these Terms and must not be removed.
Data accuracy. Data and outputs are derived from third-party and internal sources and automated processing that may not be independently verified at every stage. We do not warrant that any dataset, backtest, metric, or output is accurate, complete, current, or error-free. Historical market data can contain bad ticks, gaps, vendor errors, and revisions; methodologies and cost assumptions change over time. We may correct, restate, or recompute historical data and outputs; where we determine that a correction materially affects previously displayed results, we may provide an in-product notice or correction log. Corrected outputs supersede earlier outputs from the correction date, and you must not rely on cached, exported, or previously observed results.
This Section applies only to Straddle Lab, its embedded user documentation, and outputs generated within Straddle Lab; it does not govern, or limit obligations relating to, any separately contracted research service provided by QMCR. Straddle Lab, its datasets, backtests, metrics, filters, charts, outputs, cost models, assumptions, availability and support are provided "as is" and "as available". To the maximum extent permitted by applicable law, and subject always to Section 1 (regulatory primacy) and the carve-outs below, we disclaim all other warranties and representations, express or implied, including merchantability, fitness for a particular purpose, non-infringement, uninterrupted availability, and error-free operation.
Backtests and model outputs may differ materially from actual trading because of execution delay, slippage, liquidity, bid-ask spreads, rejected orders, partial fills, broker/platform outages, exchange rule changes, margin regime changes, taxes, charges, data errors, hindsight/optimisation and selection bias, survivorship issues, market impact, volatility, gaps, circuit limits, user configuration, and other real-world factors. Short option positions can suffer losses that are theoretically unlimited. You should not treat any output, green cell, ranking, star, metric, curve, article, or historical result as a prediction, assurance, instruction, recommendation, or guarantee.
Exclusion of certain losses. To the maximum extent permitted by applicable law, QMCR and its proprietor, principals, employees, contractors, service providers and affiliates shall not be liable for any indirect, incidental, special, consequential, exemplary or punitive loss or damage, or for trading losses, lost profits, lost opportunity, loss of capital, loss of data, business interruption, tax consequences, or broker/platform losses, arising from use of, inability to use, or reliance on Straddle Lab and its directly embedded software outputs. In particular, you agree that a decision to trade is yours alone, and that no loss you suffer merely because you traded after viewing the tool's output is recoverable from us.
Cap on direct damages. Subject to the exclusions above and the carve-outs below, QMCR's aggregate liability for recoverable direct damages arising from Straddle Lab — for all claims across all causes of action — shall not exceed the fee you actually paid QMCR for your most recent Straddle Lab subscription plan as at the first event giving rise to the claim. For access provided entirely without payment (Free trial, promotional, No-Charge Access Code, or invitation access), QMCR shall, to the maximum extent permitted by law, have no contractual liability arising from the availability, accuracy, security, or use of that access, account compromise, or processing of personal data — free access is provided strictly as-is and at your own risk. This does not exclude any statutory duty or liability that cannot lawfully be excluded or limited.
Carve-outs. Nothing in this Section excludes or limits liability for fraud or wilful misconduct, our obligations under applicable SEBI regulations, refunds payable under Section 7, or any other liability that cannot lawfully be excluded or limited (including non-waivable remedies under the Consumer Protection Act 2019).
You agree to indemnify QMCR and its proprietor, principals, employees, contractors, service providers and affiliates against third-party claims, and the resulting losses, damages, liabilities and reasonable documented costs (including reasonable legal fees), to the extent directly arising out of: (a) your material breach of these Terms; (b) your unlawful use of the service; (c) your infringement of third-party rights; or (d) your extraction, redistribution, republication, or commercial exploitation of the data or outputs in breach of Sections 8–9. The indemnified amounts are those finally awarded by a court or tribunal of competent jurisdiction, or included in a settlement approved by you in writing, plus reasonable documented defence costs. This indemnity does not apply to the extent a claim results from our own breach, negligence, or misconduct. We will notify you promptly of any claim, consult you on the defence, mitigate where reasonably possible, and not settle a claim in a way that imposes non-monetary obligations on you or admits wrongdoing on your behalf without your consent.
Consumer Grievance Officer: Rohan Swar, compliance@qmcr.in. Software-access, billing, and subscription complaints concerning Straddle Lab should be submitted to support@qmcr.in or the Consumer Grievance Officer. We acknowledge consumer complaints within 48 hours with a reference number, and aim to resolve them within 7 business days — and in all cases within any mandatory statutory period.
Because Straddle Lab is separately offered software functionality and not a research service, SEBI, RAASB, SCORES, and securities-market ODR processes may not have jurisdiction over a Straddle Lab software dispute. If a complaint independently concerns QMCR's separately provided regulated research services, the regulatory grievance channels described in our Regulatory Disclosures — including SEBI SCORES (scores.sebi.gov.in) and SMART ODR (smartodr.in) — remain available to the extent applicable.
These Terms are governed by the laws of India.
We may update these Terms from time to time; changes apply prospectively. A material change that increases your obligations or materially reduces your contractual rights will not apply to an already activated paid subscription until your next purchase, unless the change is reasonably required by applicable law, a regulator, or an urgent security measure — in which case it applies only to the extent and from the time required, and all non-waivable remedies remain preserved. Material changes will be notified by email and/or a prominent site notice at least 15 days in advance where practicable. Changes do not retroactively reduce rights you have already accrued. The current version and its effective date always appear at the top of this page.
Questions about these Terms? Write to us at research@qmcr.in. Support queries: support@qmcr.in. Our registered address and telephone contact are published on the main website's regulatory disclosures.