Episode · the market · Nov 5, 12:06 PM

NOW: 2026-11-05T17:06Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 17:02Z setup, P1, salience 86: EPAM new session high: closed 162.67 above 162.43 on 5.6× its median minute volume today; opening range 157.24-160.74.
- 17:03Z setup, P1, salience 73: NBIZ opening-range breakout (first 15 min): closed 57.4 above 54.39 on 2.3× its median minute volume today; opening range 54.39-54.39.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9896.37 · equity $9896.37 (-1.04%) · today +0% · 0 stocks, 0 options positions
- no stock positions

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 0/4 entries in 24 h, 0/2 in the last hour, 0/4 open; $990 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 ($2474.09); 0/8 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; $9698.44 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 739.985 (-2.08%), QQQ 654.715 (-5.19%), IWM 272.9699, DIA 518.73, VIXY 19.84, TLT 82.12

SUBJECT EPAM
- 164.815; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
600fc92354e2 [Nov 5, 6:02 AM ET | T1 sec.gov | earnings | sev 60] EPAM 8-K: 2.02 Results of Operations and Financial Condition; 8.01 Other Events (https://www.sec.gov/Archives/edgar/data/1352010/000135201026000048/0001352010-26-000048-index.htm)
</untrusted>

SUBJECT NBIZ
- 57.62; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
bad7edf44cb3 [Nov 5, 9:57 AM ET | T1 movers | price shock | sev 61] NBIZ +26.7% today at $54.2205 (top gainer)
</untrusted>

YOUR NOTES
- [MARKET, 2026-11-05T16:01Z] All 18 P1 setups are opening-range breakouts or new session highs occurring in the closing window (15:57-16:01Z) with no fundamental catalysts in our feeds. Conviction is low due to lack of news and the closing window environment. No new entries.
- [MARKET, 2026-11-04T21:10Z] Market closed higher (SPY +1.48%). No positions held. Ready for tomorrow's open to look for setups.
- [MARKET, 2026-11-04T20:40Z] Closing window (20:40Z). All intraday positions (BUG, SNX) will be closed by code. No new entries permitted by envelope (3/4 in 24h, 0/2 in last hour, but closing window rules and prior fullness apply). No new entries.
- [MARKET, 2026-11-04T16:19Z] Closing window (16:18Z). All intraday positions will be closed by code. No new entries permitted by envelope (4/4 in 24h).
- [MARKET, 2026-11-03T16:53Z] Closing window. All setups are opening-range breakouts with no fundamental catalysts. No new entries. Positions closed by code if any existed (none held).

YOUR WATCHES
- 3660af25-b700-4bd3-b441-bd87fc7128b8: NVD below 4.89, until 2026-11-06T15:07Z. Note: NVD breakout setup. Watch for retest of 4.89 (OR high). No news catalyst found in last 24h.

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "EPAM and NBIZ are both breaking out in the closing window (17:02-17:03Z) with no fundamental catalysts in our feeds. SPY and QQQ are down significantly (-2% to -5%), suggesting the moves may be short-covering or technical squeezes rather than sustained trends. Per previous notes and the closing window environment, I am passing on new entries to avoid buying into potential reversals or lack of follow-through after the bell."
}