> ## Documentation Index
> Fetch the complete documentation index at: https://docs.bigdipperoptions.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Delayed Data Disclaimer

> BigDipperOptions provides options market insights based on 15-minute delayed data sourced from OPRA (Options Price Reporting Authority).

BigDipperOptions provides options market insights based on **15-minute delayed data** sourced from OPRA (Options Price Reporting Authority).

This platform is designed for educational and analytical purposes only and is not a source of trading advice or recommendations.

## Key Points to Understand

### Data Delay

* All option prices, volume, open interest, and related metrics are delayed by at least **15 minutes**.
* While dashboards are updated frequently, the underlying system records options activity approximately **once per hour**.
* As a result, the data you see is informative and structured for analysis, but **not suitable for instantaneous trading decisions**.

### “Near Real-Time”

* In BigDipperOptions documentation and marketing, the term **“near real-time”** means data is updated frequently and reflects recent market activity.
* It does **not** mean the data is live, streaming, or suitable for high-frequency trading or time-sensitive trading.

### Use Cases

* The data is intended for **market intelligence, strategy research, and identifying trends**.
* Charts, GEX analysis, and option metrics are provided to help users understand market dynamics and explore options strategies.
* You should always **confirm trades through your brokerage platform**, which may provide live prices.

### Limitations

* Due to the delay, **short-term price spikes, rapid market movements, or intraday volatility may not be reflected immediately**.
* BigDipperOptions **cannot guarantee execution accuracy or predict real-time price changes**.

***

**Summary:**\
BigDipperOptions uses OPRA 15-minute delayed options data and system-recorded updates approximately once per hour. While frequently updated, this data is best described as “near real-time” for analytical purposes, **not live trading**. Users should verify all trades with a live brokerage feed.