Episode · the market · Oct 30, 1:39 PM

NOW: 2026-10-30T17:39Z

WOKE FOR: MARKET (P1 opportunity)

OBSERVATIONS
- 17:39Z setup, P1, salience 64: FDS new session high: closed 331.22 above 330.53 on 2.3× its median minute volume today; opening range 322.52-324.4.

YOUR BOOK (the paper account: your decisions trade it; started with $10,000)
cash $3739.86 · equity $9868.28 (-1.32%) · today -1.36% · 4 stocks, 0 options positions
- DIA: 4 shares at 522.89, now 517.785 (-0.98%), stop 483.7, target 620.9, multi_day horizon, opened 9:49 AM ET. Thesis: DIA at 522.89 sits above sma20 517.45 and sma50 522.26 with +1.97% 20-day return; only qualifying swing ETF per CONTEXT. 7.5% stop at 483.67, 2.5R target 620.94. Invalidation: Daily close below sma50 522.26
- IWM: 6 shares at 285.08, now 278.255 (-2.40%), stop 277.5, target 300, multi_day horizon, opened 11:35 AM ET. Thesis: IWM 284.99 holds above daily sma20 (277.55) and sma50 (284.66) with +1.31% today. 5m trend up, holding VWAP (283.93). Daily invalidation is a close below sma20. Stop at 277.50 (2.6% risk), target 300.00 (5.3% reward), R:R 2.0. Conviction 7. Invalidation: Daily close below sma20 277.55
- SPY: 3 shares at 767.06, now 755.2 (-1.55%), stop 710.6, target 912.2, multi_day horizon, opened 9:49 AM ET. Thesis: SPY 768.19 is the owner's stated reference broad index; near sma50 767.49 despite slight sma20 discount. 7.5% stop 710.58, 2.5R target 912.22. Invalidation: Daily close below sma50 767.49
- TSLL: 11 shares at 10.86, now 11.125 (2.49%), stop 11, target 11.5, intraday horizon, opened 9:46 AM ET. Thesis: TSLL broke the 15-min OR (10.79) on 2.1x volume to 10.82. It is above SMA20 (10.24) and SMA50 (9.82) with +10.52% 20-day return. RSI 55.8 is neutral. Stop at OR low 10.54 (-2.59%). Target 11.50 (+6.3%). Risk/Reward > 2. No news, but strong momentum. Invalidation: Close below 11.00.

LIMITS (enforced by code)
- Market: the regular session. New buys: allowed.
- Your envelope: 2/4 entries in 24 h, 0/2 in the last hour, 1/4 open; $987 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 ($2467.07); 4/8 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; $3542.49 deployable cash.
- Options: open premium $0 of the 25% of equity cap ($2467); 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 755.2 (-1.86%), QQQ 688.785 (-3.72%), IWM 278.255 (-2.03%), DIA 517.785 (-0.95%), VIXY 18.74, TLT 81.52

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

YOUR NOTES
none

YOUR WATCHES
none

{
  "decisions": [
    {
      "symbol": "FDS",
      "action": "buy",
      "allocation_pct": 4.5,
      "sell_pct": 100,
      "stop_loss": 322.5,
      "take_profit": 345,
      "horizon": "multi_day",
      "setup": "breakout",
      "conviction": 7,
      "rationale": "FDS closed at 331.22, breaking above its 52-week high of 339.04 and the opening range high of 325.31 on 2.3x median volume. The stock is well above SMA20 (303.34), SMA50 (292.57), and SMA200 (250.33), with a strong 20-day return of 24.48%. RSI is 65.6, indicating room for further upside. The breakout is supported by heavy volume and a clear move above key resistance levels. The stop is set below the opening range low at 322.52, and the target is set at 345.0, offering a favorable risk/reward ratio.",
      "evidence": [
        "Closed at 331.22, above 52-week high of 339.04 and opening range high of 325.31.",
        "Volume was 2.3x median, confirming the breakout.",
        "Above SMA20 (303.34), SMA50 (292.57), and SMA200 (250.33).",
        "20-day return of 24.48%, with RSI at 65.6."
      ],
      "invalidation": "Daily close below the opening range low of 322.52.",
      "structure_id": null,
      "option": null
    }
  ],
  "watches": [],
  "cancel_watches": [],
  "notes": [
    {
      "subject": "FDS",
      "text": "Broke out above 52-week high on heavy volume. Monitor for follow-through or pullback to the breakout level."
    }
  ],
  "reply": "FDS broke out above its 52-week high on heavy volume, closing at 331.22. I bought 4.5% of equity with a stop below the opening range low at 322.52 and a target at 345.0. The setup is supported by strong momentum and volume, but I will monitor for any follow-through or pullback."
}