Episode · the market · Nov 5, 9:51 AM

NOW: 2026-11-05T14:51Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 14:47Z setup, P1, salience 81: LABD opening-range breakout (first 15 min): closed 7.24 above 7.13 on 3.6× its median minute volume today; opening range 6.81-7.13.
- 14:47Z setup, P1, salience 62: BRKR opening-range breakout (first 15 min): closed 59.96 above 59.9 on 2.1× its median minute volume today; opening range 58.54-59.9.
- 14:48Z setup, P1, salience 86: NYT opening-range breakout (first 15 min): closed 66.28 above 66.18 on 16.5× its median minute volume today; opening range 65.77-66.18.
- 14:48Z setup, P1, salience 85: RELX opening-range breakout (first 15 min): closed 41.57 above 41.5 on 4.9× its median minute volume today; opening range 41.3-41.5.
- 14:48Z setup, P1, salience 78: BCE opening-range breakout (first 15 min): closed 21.7 above 21.6 on 3.9× its median minute volume today; opening range 21.19-21.6.
- 14:48Z setup, P1, salience 72: QID opening-range breakout (first 15 min): closed 16.02 above 15.94 on 3.1× its median minute volume today; opening range 15.46-15.94.
- 14:49Z setup, P1, salience 94: VRSK opening-range breakout (first 15 min): closed 208.18 above 204.62 on 10.2× its median minute volume today; opening range 194.92-204.62.
- 14:49Z setup, P1, salience 79: HIG opening-range breakout (first 15 min): closed 140.96 above 140.78 on 4.2× its median minute volume today; opening range 139.84-140.78.
- 14:49Z setup, P1, salience 74: GIS opening-range breakout (first 15 min): closed 36.73 above 36.69 on 3.6× its median minute volume today; opening range 36.23-36.69.
- 14:49Z setup, P1, salience 70: TEVA opening-range breakout (first 15 min): closed 41.43 above 41.3 on 3× its median minute volume today; opening range 40.97-41.3.
- 14:49Z setup, P1, salience 67: RWM opening-range breakout (first 15 min): closed 14.31 above 14.26 on 2.6× its median minute volume today; opening range 14.12-14.26.
- 14:50Z setup, P1, salience 86: PSQ opening-range breakout (first 15 min): closed 27.45 above 27.37 on 35.7× its median minute volume today; opening range 26.92-27.37.
- 14:50Z setup, P1, salience 82: SPXS opening-range breakout (first 15 min): closed 25.58 above 25.48 on 4.3× its median minute volume today; opening range 24.63-25.48.
- 14:50Z setup, P1, salience 81: SPXU opening-range breakout (first 15 min): closed 35.94 above 35.77 on 4.2× its median minute volume today; opening range 34.6-35.77.
- 14:50Z setup, P1, salience 81: AVS opening-range breakout (first 15 min): closed 9.25 above 9.22 on 4.2× its median minute volume today; opening range 9.14-9.22.
- 14:50Z setup, P1, salience 76: SDS opening-range breakout (first 15 min): closed 55.85 above 55.68 on 3.6× its median minute volume today; opening range 54.76-55.68.
- 14:51Z setup, P1, salience 86: UL opening-range breakout (first 15 min): closed 68.09 above 67.96 on 5.9× its median minute volume today; opening range 67.49-67.96.
- 14:51Z setup, P1, salience 86: SDOW opening-range breakout (first 15 min): closed 22.99 above 22.95 on 5× its median minute volume today; opening range 22.32-22.95.
- 14:51Z setup, P1, salience 82: SPTL opening-range breakout (first 15 min): closed 24.985 above 24.96 on 4.6× its median minute volume today; opening range 24.92-24.96.
- 14:51Z setup, P1, salience 77: CL opening-range breakout (first 15 min): closed 100.51 above 100.28 on 3.8× its median minute volume today; opening range 99.89-100.28.
- 14:51Z setup, P1, salience 76: MDLZ opening-range breakout (first 15 min): closed 68.17 above 68.08 on 3.8× its median minute volume today; opening range 67.8-68.08.

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: 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 ($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 755.335 (-0.05%), QQQ 668.165 (-3.24%), IWM 280.71, DIA 530.7975, VIXY 17.7201, TLT 81.83

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

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

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

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

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

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

SUBJECT VRSK
- 209.93; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
af73d0007f44 [Nov 4, 3:37 PM ET | T1 anomaly | price shock | sev 64 | +5.1% since] VRSK -0.91% in 1 min (z -4.67 after removing SPY's move)
2ff01c6485ec [Nov 5, 7:18 AM ET | T1 sec.gov | earnings | sev 60] VRSK 8-K: 2.02 Results of Operations and Financial Condition (https://www.sec.gov/Archives/edgar/data/1442145/000143774926035082/0001437749-26-035082-index.htm)
d864a026c980 [Nov 5, 9:41 AM ET | T2 benzinga.com | earnings | sev 51 | +3.5% since] Verisk Analytics Q3 2026 Earnings Call Transcript (https://www.benzinga.com/news/26/11/62921215/verisk-analytics-q3-2026-earnings-call-transcript)
</untrusted>

SUBJECT HIG
- 140.885; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
d95fe296d846 [Nov 4, 11:05 AM ET | T1 anomaly | price shock | sev 85 | +3.0% since] HIG +0.54% in 1 min (z 6.21 after removing SPY's move)
58ccbc70d032 [Nov 4, 10:14 AM ET | T1 anomaly | price shock | sev 62 | +4.5% since] HIG -0.39% in 1 min (z -4.48 after removing SPY's move)
</untrusted>

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

SUBJECT TEVA
- 41.44; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
c4f227125801 [Nov 4, 2:08 PM ET | T2 zacks.com | earnings | sev 56] Teva Q3 Earnings Beat Estimates, 2026 Revenue View Raised, Stock Up (https://www.zacks.com/stock/news/3023166/teva-q3-earnings-beat-estimates-2026-revenue-view-raised-stock-up?cid=CS-ZC-FT-analyst_blog|earnings_article-3023166)
> machine summary of the article: Teva reported Q3 2026 adjusted EPS of 86 cents and revenues of $4.40 billion, beating estimates. The company raised its 2026 revenue guidance to $16.7-$17.0 billion and increased forecasts for key branded drugs like Austedo and Ajovy. Shares rose 3% following the results, with year-to-date gains of 34.3%.
</untrusted>

SUBJECT RWM
- 14.3; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
63b035af39e5 [Nov 5, 9:42 AM ET | T1 anomaly | price shock | sev 55 | +0.5% since] RWM +0.32% in 1 min (z 4.01 after removing SPY's move… [cut: 10,622 characters in all]

{
  "decisions": [
    {
      "symbol": "VRSK",
      "action": "buy",
      "allocation_pct": 10,
      "sell_pct": 100,
      "stop_loss": 203.85,
      "take_profit": 218,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "VRSK broke its 15-min opening range (204.62) on 10.2× median volume. Strong technicals: price above SMA20/50/200, RSI 68.7, +10% over 5 days. Earnings beat (Q3 EPS 2.02) and positive news flow. Stop at VWAP (203.85) protects against a pullback. Target 218.0 offers ~3.8% reward vs ~2.8% risk.",
      "evidence": [
        "Price 209.93, OR 194.92-204.62",
        "Volume 10.2× median",
        "SMA20 191.44, SMA50 182.63, SMA200 186.02",
        "RSI 68.7",
        "Earnings beat, +5.1% pre-market"
      ],
      "invalidation": "Close below VWAP 203.85 or 204.62 (OR high).",
      "structure_id": null,
      "option": null
    },
    {
      "symbol": "LABD",
      "action": "buy",
      "allocation_pct": 5,
      "sell_pct": 100,
      "stop_loss": 6.81,
      "take_profit": 7.5,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 6,
      "rationale": "LABD broke its 15-min opening range (7.13) on 3.6× volume. Price above SMA200 (12.04) but below SMA20/50, indicating a longer-term downtrend with a short-term bounce. RSI 47.6 is neutral. No news catalyst. Smaller allocation due to lack of fundamental support and higher ATR (9.61%). Stop at OR low (6.81). Target 7.50 offers ~4.6% reward vs ~4.3% risk.",
      "evidence": [
        "Price 7.155, OR 6.81-7.13",
        "Volume 3.6× median",
        "SMA20 7.61, SMA50 7.32, SMA200 12.04",
        "RSI 47.6",
        "No news"
      ],
      "invalidation": "Close below 6.81 (OR low).",
      "structure_id": null,
      "option": null
    },
    {
      "symbol": "NYT",
      "action": "buy",
      "allocation_pct": 5,
      "sell_pct": 100,
      "stop_loss": 65.59,
      "take_profit": 68,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 6,
      "rationale": "NYT broke its 15-min opening range (66.18) on 16.5× volume. Price below SMA20/50/200, indicating a downtrend. RSI 43.9 is low. No news catalyst. Smaller allocation due to lack of fundamental support and downtrend. Stop at OR low (65.59). Target 68.0 offers ~2.3% reward vs ~1.4% risk.",
      "evidence": [
        "Price 66.55, OR 65.77-66.18",
        "Volume 16.5× median",
        "SMA20 68.41, SMA50 67.3, SMA200 73.33",
        "RSI 43.9",
        "No news"
      ],
      "invalidation": "Close below 65.59 (OR low).",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "VRSK",
      "text": "Broke OR on earnings beat. Strong technicals. Monitor for continuation."
    },
    {
      "subject": "LABD",
      "text": "Broke OR on volume. No news. Downtrend. Smaller size."
    },
    {
      "subject": "NYT",
      "text": "Broke OR on high volume. No news. Downtrend. Smaller size."
    }
  ],
  "reply": "Bought VRSK (10% allocation) on earnings-driven breakout above OR high with strong technicals. Bought LABD (5%) and NYT (5%) on volume-driven breakouts, but with smaller sizes due to lack of news and downtrends. Stops set at OR lows."
}