Episode · HUT · Nov 3, 10:41 AM

NOW: 2026-11-03T15:41Z

WOKE FOR: HUT (P2 review)

OBSERVATIONS
- 15:41Z price, P2, salience 60: HUT, which you hold, moved 3.04% since your last review at 61.59; stop 57.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $9710.71 · equity $9901.18 (-0.99%) · today +0.11% · 1 stocks, 0 options positions
- HUT: 3 shares at 61.59, now 63.355 (3.08%), 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.

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, 1/4 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 ($2475.3); 1/8 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; $9512.69 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 755.07 (-0.09%), QQQ 686.56 (-0.58%), IWM 281.78, DIA 517.24, VIXY 18.14, TLT 81.15

SUBJECT HUT
- 63.355 (bid 62.1, ask 71.25), +15.17% today; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
7544722ca295 [Nov 3, 10:02 AM ET | T2 seekingalpha.com | earnings | sev 76 | +3.4% since] Hut 8 Mining Q3 2026 Earnings Preview (https://seekingalpha.com/news/4663526-hut-8-mining-q3-2026-earnings-preview?feed_item_type=news)
7bff5c008211 [Nov 3, 9:54 AM ET | T2 nasdaq.com | earnings | sev 71 | +3.1% since] Want Better Returns? Don't Ignore These 2 Finance Stocks Set to Beat Earnings (https://www.nasdaq.com/articles/want-better-returns-dont-ignore-these-2-finance-stocks-set-beat-earnings)
b612fc002920 [Nov 3, 9:54 AM ET | T2 nasdaq.com | earnings | sev 71 | +3.1% since] How to Find Strong Finance Stocks Slated for Positive Earnings Surprises (https://www.nasdaq.com/articles/how-find-strong-finance-stocks-slated-positive-earnings-surprises-5)
</untrusted>

YOUR NOTES
- [HUT, 2026-11-03T14:53Z] Breakout on heavy volume but lacks news catalyst. RSI low (38.2). Tight stop below breakout level.
- [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": "HUT",
      "action": "sell",
      "allocation_pct": 0,
      "sell_pct": 100,
      "stop_loss": null,
      "take_profit": null,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 8,
      "rationale": "The 5-minute RSI is at 86.8, indicating extreme intraday exhaustion. The breakout occurred on heavy volume but lacks a specific news catalyst to sustain momentum in a strong daily downtrend. Price is near the day's high. Given the intraday horizon and overbought signal, taking profits is the prudent action.",
      "evidence": [
        "5-min RSI 86.8",
        "Price 63.355 near day high 63.34",
        "No specific bullish news",
        "Daily downtrend (below SMA20/50/200)"
      ],
      "invalidation": "N/A - Position closed.",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [],
  "reply": "Sold HUT (3 shares) at 63.355. The 5-minute RSI is extremely overbought at 86.8, and the breakout lacks a specific news catalyst to sustain the move in a strong downtrend. Taking profits is the prudent action given the intraday horizon."
}