Episode · the market · Nov 6, 12:06 PM

NOW: 2026-11-06T17:06Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 17:03Z setup, P1, salience 66: VV opening-range breakout (first 15 min): closed 340.4 above 339.96 on 2.6× its median minute volume today; opening range 338.38-339.96.
- 17:03Z setup, P1, salience 64: KOD new session high: closed 98.26 above 98.03 on 2.2× its median minute volume today; opening range 92.11-92.11.
- 17:03Z setup, P1, salience 64: NBIX new session high: closed 164.43 above 163.64 on 2.1× its median minute volume today; opening range 159.02-159.75.
- 17:04Z setup, P1, salience 72: FLUT new session high: closed 79.68 above 79.53 on 3.3× its median minute volume today; opening range 75.34-78.46.
- 17:04Z setup, P1, salience 65: AA opening-range breakout (first 15 min): closed 39.495 above 39.45 on 2.4× its median minute volume today; opening range 38.87-39.45.
- 17:05Z setup, P1, salience 86: RGA new session high: closed 266.54 above 266.02 on 8.1× its median minute volume today; opening range 262.3-263.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9901.35 · equity $9901.35 (-0.99%) · today +0% · 0 stocks, 0 options positions
- no stock positions

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 3/4 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 ($2475.34); 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; $9703.32 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2475); 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 739.405 (-3.56%), QQQ 659.47 (-4.66%), IWM 273.58, DIA 514.72, VIXY 19.97, TLT 82.075

SUBJECT VV
- 340.4; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
975e5a1974ee [Nov 5, 1:04 PM ET | T1 anomaly | price shock | sev 78 | +0.7% since] VV -0.51% in 1 min (z -5.66 after removing SPY's move)
</untrusted>

SUBJECT KOD
- 98.26; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
bbbd1089e8f0 [Nov 6, 10:27 AM ET | T1 anomaly | price shock | sev 61 | +4.1% since] KOD +1.32% in 1 min (z 4.4 after removing SPY's move)
</untrusted>

SUBJECT NBIX
- 164.495; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT FLUT
- 79.79; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT AA
- 39.475; technicals: use the tools
- news: nothing in our feeds about it in the last 24 h

SUBJECT RGA
- 266.54; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
145d9e88b6b2 [Nov 6, 10:46 AM ET | T1 anomaly | price shock | sev 88 | +0.2% since] RGA +1.89% in 1 min (z 15.77 after removing SPY's move)
1e4b02edcc12 [Nov 5, 4:22 PM ET | T1 sec.gov | earnings | sev 60] RGA 8-K: 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure (https://www.sec.gov/Archives/edgar/data/898174/000089817426000038/0000898174-26-000038-index.htm)
1e14bbd9c575 [Nov 6, 12:10 AM ET | T2 zacks.com | earnings | sev 51] Reinsurance Group (RGA) Reports Q3 Earnings: What Key Metrics Have to Say (https://www.zacks.com/stock/news/3025161/reinsurance-group-rga-reports-q3-earnings-what-key-metrics-have-to-say?cid=CS-ZC-FT-fundamental_analysis|nfm-3025161)
</untrusted>

YOUR NOTES
- [MARKET, 2026-11-06T13:15Z] October Jobs report drops at 08:30 ET (15 min). Market is closed; new buys blocked until open. Will wait for the data release and initial volatility to settle before evaluating intraday or swing setups. Watches for VCRM and JMUB remain active.
- [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).

YOUR WATCHES
- 2e62424e-5404-4d44-9178-df253c9e5011: VCRM below 74.22, until 2026-11-06T19:26Z. Note: VCRM OR low 74.22. Breakout failed if price reclaims below 74.22; review for potential short or wait for retest of 74.18-74.22 range.
- 4677d352-1b90-4c35-ac57-13ded726fc05: JMUB below 49.18, until 2026-11-06T19:20Z. Note: JMUB OR low 49.18. Breakout failed if price reclaims below 49.18; review for potential short or wait for retest of 49.22-49.29 range.

{
  "decisions": [],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "Market is closed; all intraday positions are closed by code. No new entries permitted in the closing window. No positions held."
}