Episode · RIOT · Nov 3, 10:12 AM

NOW: 2026-11-03T15:12Z

WOKE FOR: RIOT (P2 review)

OBSERVATIONS
- 15:12Z price, P2, salience 61: RIOT, which you hold, moved 3.19% since your last review at 12.68; stop 12.35.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9591.82 · equity $9895.78 (-1.04%) · today +0.05% · 2 stocks, 0 options positions
- HUT: 3 shares at 61.59, now 62.12 (0.77%), stop 57, target 68, intraday horizon, opened 9:53 AM ET. Thesis: HUT broke above its 15-minute opening range high of 59.59 on 8× median volume. Price is well below SMAs (20/50/200-day) and RSI is low (38.2), indicating a deep downtrend. The breakout is on heavy volume but lacks news catalyst. RSI is low (38.2), suggesting oversold conditions. Reward:risk is >1.2 with a 6.5% stop. Given the lack of news and strong downtrend, I am sizing conservatively at 4.5% of equity with a tight stop below the breakout level. Invalidation: Price closes back below 59.59 or hits stop at 57.00. Invalidation: Price closes back below 59.59 or hits stop at 57.00.
- RIOT: 9 shares at 12.68, now 13.095 (3.19%), stop 12.35, target 13.2, intraday horizon, opened 9:47 AM ET. Thesis: RIOT broke above its 15-minute opening range high of 12.60 on 6.5× median volume, closing at 12.67. Price is well below SMAs (20/50/200), indicating a deep downtrend. The breakout is on heavy volume but lacks news catalyst. RSI is low (35.2), suggesting oversold conditions. Reward:risk is >1.2 with a 2.5% stop. Given the lack of news and strong downtrend, I am sizing conservatively at 2.5% of equity with a tight stop below the breakout level. Invalidation: Price closes back below 12.60 or hits stop at 12.35.

LIMITS (enforced by code)
- Market: the regular session. New buys: blocked by your envelope (4/4 in the last 24 h).
- Your envelope: 4/4 entries in 24 h, 2/2 in the last hour, 2/4 open; $691 more can be committed this hour; an entry is 50% of what the risk checks allow; one action per ticker per 30 min; no re-entry for 24 h after a stop-out or 6 h after an exit.
- Risk checks: at most 25% of equity per position ($2473.95); 2/8 positions; conviction ≥ 6/10 (≥ 8 for an overnight buy in the closing window, and none intraday then); price ≥ $5; stop 0.4-10% below the price (default 2.5%); reward:risk ≥ 1.2; no rebuy within 15 min of a sale; $9393.9 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2474); at most 4% of equity per position; 0/6 positions; conviction ≥ 7; long calls and puts, call and put debit spreads; buy |delta| 0.25-0.7, 7-45 days to expiration; contracts only from an option_menu result in this episode; exits default to -60% / +150% of the position's value, and code closes positions before expiration.
- Intraday stock positions are closed by code in the last minutes of the session; stops and targets rest at the broker as bracket or OCO orders.

MARKET
- SPY 754.285 (-0.19%), QQQ 685.96 (-0.66%), IWM 280.64, DIA 516.339, VIXY 18.21, TLT 80.985

SUBJECT RIOT
- 13.095 (bid 13.09, ask 13.1), +10.65% today; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
e7764128a520 [Nov 3, 9:52 AM ET | T2 seekingalpha.com | earnings | sev 76 | +1.9% since] Riot Platforms Q3 2026 Earnings Preview (https://seekingalpha.com/news/4663510-riot-platforms-q3-2026-earnings-preview?feed_item_type=news)
7eb9f0783ab0 [Nov 3, 9:48 AM ET | T2 nasdaq.com | earnings | sev 76 | +3.1% since] Should You Buy, Sell or Hold MSTR Stock Before Q3 Earnings? (https://www.nasdaq.com/articles/should-you-buy-sell-or-hold-mstr-stock-q3-earnings)
460b58567530 [Nov 3, 9:48 AM ET | T2 finnhub.io | earnings | sev 76 | +3.1% since] 3 Crypto Earnings Reports to Watch For First Week of November (https://finnhub.io/api/news?id=5fc00cf32fd2ba0b1163a72c52f687b7b2d95cb63a0a2f5a3e5ced25bfed0ec5)
</untrusted>

YOUR NOTES
- [RIOT, 2026-11-03T14:47Z] Broke OR high 12.60 on heavy volume. No news. Downtrend. Sized 2.5%. Watch for retest of 12.60 as support.
- [MARKET, 2026-11-03T14:30Z] Inside opening buffer until 14:40Z. No new buys allowed. Will scan for opening-range breakouts and new highs on heavy volume after the buffer clears.
- [MARKET, 2026-10-30T21:20Z] Market closed. QQQ down 3.48%. No positions. Review tomorrow for potential setups.

YOUR WATCHES
none

{
  "decisions": [
    {
      "symbol": "RIOT",
      "action": "adjust_exits",
      "allocation_pct": 2.5,
      "sell_pct": 100,
      "stop_loss": 12.8,
      "take_profit": 13.2,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "Price is up 3.19% and approaching the 13.20 target. Tightening the stop to 12.80 locks in gains and protects against a pullback while leaving upside to the target. Intraday horizon; code will close the position at session end.",
      "evidence": [],
      "invalidation": "Price closes below 12.80.",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "RIOT",
      "text": "Stop moved to 12.80 to lock in profits. Target 13.20. Intraday horizon; code closes at session end."
    }
  ],
  "reply": "RIOT is up 3.19% and near the 13.20 target. Tightened the stop to 12.80 to lock in profits while leaving upside to the target. Intraday horizon; code will close the position at session end."
}