CircleOptionLabby 5 Circles Private Limited

Disclaimer

What CircleOptionLab is, what its numbers are, and what they are not.

Last updated 2026-08-26 · Research Analyst · SEBI INH000020004

Draft — not yet reviewed This page is a working draft. It has not been reviewed or approved by a SEBI compliance advisor, and the items marked TO BE CONFIRMED are facts that have not been supplied yet. It is served noindex, so search engines will not list it. Do not rely on it.

What this product is

CircleOptionLab is an analytics and education tool operated by 5 Circles Private Limited. It shows option chains, computes payoff diagrams and Greeks, screens instruments on stated criteria, and lets you practise with simulated money. 5 Circles Private Limited is registered with SEBI as a Research Analyst, registration number INH000020004.

Everything the product outputs is analysis. None of it is a recommendation to buy or sell any security, and none of it is investment advice tailored to your circumstances, objectives or risk tolerance.

Every number here is a model output

A payoff chart is arithmetic performed on today's prices under an assumption about volatility. Greeks come from the Black-Scholes model. Probability of profit is computed from a lognormal distribution. Each of these is a model, and a model is a simplification that is wrong in ways that matter at exactly the moments markets move most.

Where a screen shows results from simulated or sample data rather than recorded market prices, it says so on that screen. Read those labels. A win rate computed on simulated prices is a property of the simulator, not of the strategy.

Simulated results are not actual trading. Past or simulated performance does not indicate future results.

Derivatives can lose you more than you put in

Options and futures are leveraged instruments. A short option position has losses that are not bounded by the premium received, and can exceed the capital in your account. Investment in securities market is subject to market risks. Read all related documents carefully before investing.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Data

Market data is obtained from third-party sources believed to be reliable. It may be delayed, incomplete or wrong, and it is provided without any warranty as to accuracy or fitness for a purpose. Verify any figure against your broker's terminal before you act on it.

The product never places, modifies or cancels an order. It is read-only with respect to any broker.