Episode · the market · Nov 6, 1:38 PM

NOW: 2026-11-06T18:38Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:34Z setup, P1, salience 68: WMS new session high: closed 124.01 above 123.87 on 2.8× its median minute volume today; opening range 119.83-121.05.
- 18:34Z setup, P1, salience 66: BIIB new session high: closed 249.41 above 249.01 on 2.5× its median minute volume today; opening range 240.94-242.63.
- 18:34Z setup, P1, salience 64: MARA opening-range breakout (first 15 min): closed 6.18 above 6.17 on 2.3× its median minute volume today; opening range 5.93-6.17.
- 18:34Z setup, P1, salience 62: SPCX opening-range breakout (first 15 min): closed 132.975 above 132.66 on 2× its median minute volume today; opening range 126.83-132.66.
- 18:35Z setup, P1, salience 88: SPCX new session high: closed 133.7 above 132.98 on 5.7× its median minute volume today; opening range 126.83-132.66.
- 18:35Z setup, P1, salience 86: ASND new session high: closed 257.44 above 257.04 on 6.3× its median minute volume today; opening range 252.26-252.26.
- 18:35Z setup, P1, salience 81: CLSK opening-range breakout (first 15 min): closed 6.075 above 6.03 on 4× its median minute volume today; opening range 5.72-6.03.
- 18:35Z setup, P1, salience 76: CDE new session high: closed 15.505 above 15.48 on 3.8× its median minute volume today; opening range 14.48-14.8.
- 18:38Z setup, P1, salience 69: ATI new session high: closed 173.64 above 173.34 on 2.9× its median minute volume today; opening range 168.84-171.

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 737.875 (-3.76%), QQQ 657.53 (-4.94%), IWM 274.01, DIA 514.12, VIXY 20.25, TLT 82.155

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

SUBJECT BIIB
- 249; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
356f0dd8c550 [Nov 5, 6:03 PM ET | T2 zacks.com | earnings | sev 51] DNLI Up 7.8% Post Q3 Earnings: Should You Buy, Sell or Hold the Stock? (https://www.zacks.com/stock/news/3024797/dnli-up-7-8-post-q3-earnings-should-you-buy-sell-or-hold-the-stock?cid=CS-ZC-FT-analyst_blog|price_surge_/_plunge-3024797)
</untrusted>

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

SUBJECT SPCX
- 132.99; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
b7edfa936004 [Nov 5, 3:59 PM ET | T1 anomaly | volume shock | sev 33 | +7.8% since] SPCX traded 6.86× its median 1-minute IEX volume (-0.29%)
</untrusted>

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

SUBJECT CLSK
- 6.05; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
442820f883bc [Nov 5, 11:08 PM ET | T2 zacks.com | earnings | sev 51] Abacus Global Management, Inc. (ABX) Surpasses Q3 Earnings Estimates (https://www.zacks.com/stock/news/3025127/abacus-global-management-inc-abx-surpasses-q3-earnings-estimates?cid=CS-ZC-FT-fundamental_analysis|yseop_template_4-3025127)
</untrusted>

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

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

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": [
    {
      "subject": "WMS",
      "text": "WMS: New session high 124.09, but below SMA20 (130.69) and 50-day (129.99). RSI 42 daily. No news. Down-trend stock with no catalyst. Skip."
    },
    {
      "subject": "SPCX",
      "text": "SPCX: New session high 133.7, but below SMA20 (145.18). Volume shock (6.86x) but no fundamental news. High ATR (6.59%). Skip due to lack of catalyst and downtrend."
    },
    {
      "subject": "ASND",
      "text": "ASND: New session high 257.44, above SMA20/50/200. Strong uptrend (20d +12%, 5d +2.2%). No news, but technicals are strong. RSI 65.1. Consider buy."
    },
    {
      "subject": "BIIB",
      "text": "BIIB: New session high 249.41, above SMA20/50/200. Uptrend (20d +10.3%, 5d -1.8%). No relevant news (Zacks item is for DNLI). RSI 57.5. Consider buy."
    },
    {
      "subject": "MARA",
      "text": "MARA: OR breakout 6.18, but deep downtrend (SMA20 7.37, SMA50 9.88). RSI 32.5 daily. Skip."
    },
    {
      "subject": "CLSK",
      "text": "CLSK: OR breakout 6.075. No news. Skip."
    },
    {
      "subject": "CDE",
      "text": "CDE: New session high 15.505. No news. Skip."
    },
    {
      "subject": "ATI",
      "text": "ATI: New session high 173.64. No news. Skip."
    }
  ],
  "reply": "Market is in the closing window (18:38Z). No new entries are allowed per envelope rules for the closing window. I will hold and wait for the next session."
}