The same four rails as the open, unchanged, and every price and level trigger swept clear again. Nothing moved in the book between the two runs: cash is identical to the dollar, no position closed, and the standing long-leg fix simply costs about $260 more than it did at 6:35 because the short 360 put richened as GOOGL drifted down $2.12. Reddit is the only ticker past the 5% move line, up 6.0% to $161.91, and it has no written rule, so it gets named and nothing else.

What to do

• 280P x5 sit above the $260 long-leg ceiling.
  BUY TO CLOSE 5 GOOGL Dec15'28 360 PUT / SELL TO CLOSE 5 GOOGL Dec15'28 280 PUT

  one spread, limit, day · ~$18,201 debit ($36.40 net per spread at midday marks)
  Your playbook: “long leg never above $260 (must sit at/above the $230-250 floor zone, never below $230 where protection stops paying before history bottoms)”
  The same standing order as prior runs, repriced to midday marks: $36.40 net now against $35.88 at this morning's open, $36.84 on 08-24 and $36.76 on 08-21. About $260 more expensive than at 6:35, because the short 360P marked up from $66.34 to $66.95 while the long 280P barely moved. The 8x Dec-28 300P also trip this rail and are the separate matter. No order is proposed against them.

Still over, unchanged

• These fire every run until you act on them. No order attached.

  rail	now	limit
  program_cap	$175,059	$100,000 cap	1.8x, $75,059 over
  gross_leverage	1.714x	1.50 red / 1.30 amber	red
  net_cash / NLV	-0.068	-0.05 amber / -0.10 red	amber

Everything else clear

• Nearest trigger is tranche 3 confirm at $360, 4% away.

The check itself

• never worked rails.py tests every GOOGL price level against the GOOG quote.
  rails.json lists the campaign underlyings as ["GOOG", "GOOGL"] and rails.py loops those in order, taking the first one that has a quote and then breaking. GOOG is first, so thesis_break, t2_weakness, t3_confirmation, washout_buy, no_chase, rule6_close_shorts and rule8_crash_powder are all measured against GOOG. Every one of those levels is written as a GOOGL level: the runbook header says 'Reference price: GOOGL $347' and Part 2 says 'GOOGL closes >= $434'. At midday GOOG is $343.65 and GOOGL is $346.88, a 0.94% gap, so the script reads tranche 3 as 4.8% away while against GOOGL it is 3.8% away. No rail has flipped on this yet. This page shows the GOOGL number, matching the docs; the script's own output uses GOOG. Reported on 08-24 and at both runs on 08-25, still open. This run does not edit rails.json.
• will happen again get_price_snapshot returns an empty prior_close for most tickers.
  Ten of thirteen tickers came back with 'prior-close': {} again this run. Only BRK B, EQT and RDDT populated it. The workaround, unchanged from the open: request the 'change' field on the same snapshot and derive prior close as last minus change. Where both were available this run the derived value matched the broker's own prior close exactly, on all three tickers.
• will happen again the derived prior close for GOOG is not stable between runs.
  The open derived GOOG prior close as $344.74; midday derives $344.59 from the same broker change field, a 15-cent disagreement about a number that should be fixed for the session. The change field appears to be sampled against a slightly different last than the one returned beside it. It moves the reported GOOG day move by about 4bp and changed no rail, but it means the prior-close workaround is accurate to roughly a dime, not to the cent.