Episode · the market · Nov 5, 1:52 PM

NOW: 2026-11-05T18:52Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 18:48Z setup, P1, salience 72: RIOT new session high: closed 15 above 14.97 on 3.2× its median minute volume today; opening range 14.37-14.91.
- 18:52Z setup, P1, salience 86: SCMB opening-range breakout (first 15 min): closed 24.955 above 24.92 on 25.9× its median minute volume today; opening range 24.9-24.92.

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 735.355 (-2.69%), QQQ 650.91 (-5.74%), IWM 271.11, DIA 516.13, VIXY 20.63, TLT 82.09

SUBJECT RIOT
- 14.895 (bid 14.89, ask 14.9), +25.86% today; technicals: use the tools
- news in our feeds, last 24 h, most severe first:
<untrusted source="wire">
8ac221d029c0 [Nov 5, 1:47 PM ET | T2 fool.com | earnings | sev 72 | +1 confirmations | -0.8% since] Riot Platforms (RIOT) Q3 2026 Earnings Call Transcript (https://www.fool.com/earnings/call-transcripts/2026/11/04/riot-platforms-riot-q3-2026-earnings-call-transcript?.tsrc=rss)
efc8270d770a [Nov 5, 1:48 PM ET | T2 finnhub.io | guidance | sev 68 | -0.8% since] Bitcoin Rises, Crypto Miners Sharply Divided As Midterms Dampen AI Outlook (https://finnhub.io/api/news?id=88d308d4b1866320665b880854453c623c985c7fa0016c498bac0567a6e2cf70)
c6d1ec2c5886 [Nov 5, 1:48 PM ET | T2 finnhub.io | earnings | sev 64 | -0.9% since] Riot Platforms (NASDAQ:RIOT) Q3 Earnings Beat and Major AI Data Center Lease Lift Shares (https://finnhub.io/api/news?id=1df3bd9f921ddb6fa579309e7cadc817738a14ea508eb6e4d61b4945282b8785)
</untrusted>

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

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.
- d484b6a5-1ef2-4fc3-937c-9d1ee67ec740: RIOT below 14.37, until 2026-11-06T18:47Z. Note: OR low 14.37. Breakout failed if price reclaims below 14.37; review for potential short or wait for retest of 14.91-15.03 range.

{
  "decisions": [
    {
      "symbol": "RIOT",
      "action": "buy",
      "allocation_pct": 4.5,
      "sell_pct": 100,
      "stop_loss": 14.52,
      "take_profit": 16.5,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "RIOT broke above the opening range high of 14.91 on 3.2x median volume, closing at 14.895. Q3 earnings beat with a major AI data center lease lift provides fundamental support. Price is above VWAP (14.04) and 20-day SMA (14.24). Stop set below the OR low of 14.37 (14.52 for buffer). Target at 16.50 (1.65x risk).",
      "evidence": [
        "OR high 14.91, closed 14.895",
        "Volume 3.2x median",
        "Q3 earnings beat, AI lease lift",
        "VWAP 14.04, SMA20 14.24"
      ],
      "invalidation": "Price closes below 14.37 (OR low).",
      "structure_id": "RIOT_20261105_1852Z_buy1452_1650",
      "option": null
    },
    {
      "symbol": "SCMB",
      "action": "buy",
      "allocation_pct": 2,
      "sell_pct": 100,
      "stop_loss": 24.7,
      "take_profit": 25.5,
      "horizon": "intraday",
      "setup": "breakout",
      "conviction": 6,
      "rationale": "SCMB broke above the opening range high of 24.92 on 25.9x median volume, closing at 24.955. No news catalyst, so size is small. Price is above VWAP (24.93) and 20-day SMA (24.58). Stop set below OR low of 24.88 (24.70 for buffer). Target at 25.50 (2.0x risk).",
      "evidence": [
        "OR high 24.92, closed 24.955",
        "Volume 25.9x median",
        "VWAP 24.93, SMA20 24.58"
      ],
      "invalidation": "Price closes below 24.88 (OR low).",
      "structure_id": "SCMB_20261105_1852Z_buy2470_2550",
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "RIOT",
      "text": "Broke above OR high 14.91 on earnings beat. Stop 14.52. Target 16.50. Watch for retest of 14.91-15.03 range if stopped out."
    },
    {
      "subject": "SCMB",
      "text": "Broke above OR high 24.92 on massive volume. No news. Small size. Stop 24.70. Target 25.50. Watch for retest of 24.92 if stopped out."
    }
  ],
  "reply": "Bought RIOT on earnings-driven breakout above OR high 14.91. Bought SCMB on volume breakout above OR high 24.92, no news. Both intraday, flat by close."
}