2026-10-02 · midday

Net cash / NLV still red at -0.110, $14,519 past the -0.10 line; no fills, no working orders. Red means Rule 3: tier 1 sales. Gross leverage 1.723x red; long-leg band still over. GOOGL $343.13 (+1.45%), nearest written level tranche 3 at $360, +4.92%. MU $1,074.53 (-2.08%). This morning's open run had no broker data: the connector was down, so these are the first rails of the day.

What to do

net cash / NLV -0.1097 (cash -$164,274.58 on NLV $1,497,558.60), $14,519 past the -0.10 red line.
SELL 200 AMZN, SELL 200 EQT, SELL 1 TSLA, SELL 1 DIS (limit near last, day)
Tier 1 in full at midday prints. Which tier-1 names is Gabriel's pick; the smallest tier-1 set that clears red is EQT 200 + TSLA 1 + DIS 1 + AMZN 17 ($14,808, lands -0.0998). AMZN 16 lands on the line at -0.1000, not past it. · raises ~$60,796 (AMZN $50,260, EQT $10,060, TSLA $374, DIS $102); lands net cash / NLV at -0.069
Your playbook: “"Red means: execute Rule 3 until the metric is back to amber. Choose the sales myself, at my own pace, before the broker chooses them for me." Rule 3 tier 1: AMZN, BRK.B, EQT, DIS, TSLA, UPRO.”
EQT sells at a ~$743 loss (avg $54.01, last $50.30); last EQT buy 2026-08-12, outside the 30-day window. TSLA +5.53% today. The 100 AMZN shares bought 2026-09-25 at $248.76 are $2.54 over cost.

Still over, unchanged

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

rail	now	limit
long_leg_band	280P x5, 300P x8	$230-$260 band	13 contracts outside
gross_leverage	1.7226x	1.5x red (1.3x amber)	0.2226x over red
top2_name_delta_ratio	0.63x	amber 0.70x, red 0.85x	clear
total_delta_ratio	0.97x	amber 1.30x, red 1.50x	clear

Why each one reads the way it does

long_leg_band
Standing repair (BUY TO CLOSE 5 Dec-28 360P / SELL TO CLOSE 5 Dec-28 280P) is $18,171.13 debit at midday marks (36.342/spread). A cash debit while net cash is red, so the two rails conflict and it is not proposed.
gross_leverage
Gross $2,579,687 on NLV $1,497,559.

delta by name

Delta notional per name as of 2026-10-02: stock at delta one, each option leg at the Black-Scholes delta implied by its own mark. Top two: GOOG, MU.

name	delta notional	of NLV
GOOG	$769,403	51.4%	1543 sh, 18 legs
MU	$176,092	11.8%	525 sh, 2 legs
VOO	$122,411	8.2%	173 sh, 0 legs
META	$104,766	7.0%	144 sh, 0 legs
NVDA	$100,004	6.7%	485 sh, 2 legs
RDDT	$75,914	5.1%	513 sh, 0 legs
AMZN	$50,260	3.4%	200 sh, 0 legs
INTC	$35,928	2.4%	300 sh, 0 legs
EQT	$10,060	0.7%	200 sh, 0 legs
CRWD	$2,694	0.2%	10 sh, 0 legs
PANW	$2,016	0.1%	5 sh, 0 legs
TSLA	$374	0.0%	1 sh, 0 legs
HD	$283	0.0%	1 sh, 0 legs
DIS	$102	0.0%	1 sh, 0 legs

Everything else clear

Nearest trigger is GOOGL - tranche 3 confirmation (nearest written level) at $360, 5% away.
TSLA +5.5%, now $373.70. No written rule for it.

All 25 triggers swept, with today's number

price trigger	now	fires at	distance
GOOGL - tranche 3 confirmation (nearest written level)	$343.13	≥ $360	4.9% up
GOOGL - tranche 2 weakness	$343.13	≤ $317	7.6% down
MU - collar roll level	$1,074.53	≥ $1,250	16.3% up
GOOGL - thesis break, close regardless of price	$343.13	≤ $280	18.4% down
GOOGL - washout, stop selling spreads and buy stock	$343.13	≤ $260	24.2% down
GOOGL - Rule 8, deploy the $100k crash reserve	$343.13	≤ $260	24.2% down
GOOGL - no chase past $380-390 short	$343.13	≥ $430	25.3% up
GOOGL - Rule 6, close every short put	$343.13	≥ $434	26.5% up
GOOGL - long spreads near max, would-I-buy-it-fresh test	$343.13	≥ $500	45.7% up
GOOGL - shares capped by the 600Cs	$343.13	≥ $600	74.9% up

level trigger	now	fires at	distance
Net cash / NLV, now red	-0.110	back above -0.10 (amber)	$14,519 of sales at midday NLV.
Every long call spread against the 90%-of-width sell rule	43.24% is the highest	90% of width	Dec-28 300/400 43.24%, Sep-27 300/440 40.00%, Sep-27 300/445 39.33%, Dec-28 350/500 30.55%, Dec-28 350/600 24.56%.
Dec-28 put IV, the alternate tranche-2 trigger	35.65%	43% (Rule 8 at 50%)	7.35 points. Midpoint IV valid (implied_vol 35.77%; option quote DELAYED).
GOOGL Dec-28 340P extrinsic, the assignment watch	$54.57	$5	Put is $3.13 out of the money; the whole mark is extrinsic.
Program cap	$175,059	$200,000	$24,941 of room.
Excess liquidity against the Part 4 amber	75.55% of NLV	40% amber, 25% red	$1,131,435 against a $650,000 floor.
NLV on the week against the 72-hour freeze row	-0.03%	a FALL of 8% in one week	Struck against 2026-09-25's open, $1,498,043.01.

calendar	date	away
Earliest clean sale date for the 6/05 GOOG loss lots if a WRITTEN call is also replacement property	2026-10-15	13d
GOOG print, first scheduled thesis adjudicator	2026-10-28	26d
Deploy the $100k reserve at market if no crash has come	2026-10-29	27d
GOOG capex guide, second scheduled adjudicator	2027-02-03	124d
GOOG lots vest long-term, add collar put leg 9 (+66 sh)	2027-03-13	162d
GOOG lots vest long-term, add collar put legs 10-11 (+200 sh)	2027-04-02	182d
GOOG lots vest long-term, legs 12-14 (+350 sh)	2027-06-05	246d
GOOG lots vest long-term, leg 15 (+50 sh)	2027-06-25	266d

Spot prices

	last	day
TSLA	$373.70	+5.5%
PANW	$403.16	+1.7%
NVDA	$234.43	+1.5%
GOOGL	$343.13	+1.4%
GOOG	$339.80	+1.5%
CRWD	$269.43	+1.3%
AMZN	$251.30	+1.2%
DIS	$102.22	+0.9%
VOO	$707.58	+0.7%
EQT	$50.30	+0.4%
HD	$283.23	+0.3%
META	$727.54	+0.2%
INTC	$119.76	-0.2%
RDDT	$147.98	-1.0%
MU	$1,074.53	-2.1%

Cost of compute

H100 spot $2.20 against the $2.82 monthly composite. No tripwire.
H100 SXM $2.20 on Vast off 16 listings this morning, 22% under the $2.82 composite; 24h avg $2.39 off the eight 3-hourly captures, the noon capture printed $2.82 off 19. The week's -31% is against last Friday's $3.20 spike; against 30 days back it is -8%. Cheapest cloud H100 $3.85 (flat), hyperscaler $7.89, Akash $2.72, none moved. B200 $7.81 off 10 listings; H200 $5.00 off 7, thin. No tripwire, no capture WARNING.
No tripwire, and none is computable before ~2026-11-16: the daily series is too short for a 90-day column.
Capture health: No WARNING. SFCompute unparsed on every capture since 2026-09-25 (eight days empty).

Every rate, per chip and per source

Dollars per GPU-hour. Vast is a marketplace floor and runs well below contract rates, which is what the cloud and hyperscaler columns are there to show. Bold rows are current generation.

	vast	cloud	hyper	akash	n
H100 SXM	$2.20	$3.85	$7.89	$2.72	16
H100 NVL	$3.04	-	-	-	5 thin
H200	$5.00	$4.50	$10.85	$4.44	7 thin
B200	$7.81	$7.88	$14.24	-	10
A100 SXM4	$0.77	$2.00	$3.67	$1.71	44
A100 PCIE	$0.87	-	-	-	24
L40S	$0.80	-	-	-	33
RTX 4090	$0.46	-	-	-	64
RTX 5090	$0.56	-	-	-	64

H100 by source. SFCompute clearing price -. Composite is $2.82 as of 2026-04 (Still the 2026-04 H100 print at $2.82; re-checked 2026-10-01 for the October append and no later month is published free, so no row was added.).

source	now	24h avg	day
vast med	$2.20	$2.39	-8.3%
sfcompute	-	-	-
getdeploying	$3.85	-	+0.0%
akash	$2.72	$2.72	+0.0%

The check itself

broken Forecasting pipeline refused again at today's 12:45 run; dirty-path count rose from 187 to 204.
ops/status.py --check exits 12: "latest daily record status is 'refused': pre-flight: 204 path(s) under data/ or dist/ already differed from HEAD" and "latest daily record has no gate_examined count: the gate did not run, or ran without reporting. This is the 171f531 shape." gate_examined: none.
broken Broker connector was down for the 06:35 open run; rails were not evaluated until this midday run.
get_account_positions, get_account_summary and get_account_orders returned server errors three times over five minutes at 06:52; get_price_snapshot answered with a stale print. The connector answered every call at 12:48.
known rails.py still prices the GOOGL programme off GOOG.
GOOG $339.80 vs GOOGL $343.13 at midday. No verdict flips. rails.json not edited.

Rails that could not be evaluated

Forecast pass skipped for the whole day (connector down at the open); Monday's open run owes the Friday filings and two scorings.
No written rule covers PANW or CRWD; both were bought while net cash was red.
The long-leg repair order is a cash debit while net cash is red - the two rails conflict and no doc says which wins.
stressed_excess_liquidity has never been measured; the amber stress re-run fell due 2026-09-29 and is still undone.
MU has no written level below spot.
SFCompute H100 empty eight days running.
The 8x Dec-28 300P has no written repair order.

Where the numbers came from

Run label from the rails log: 2026-10-02 markets-open entry present (fires null, connector down), so this is the MIDDAY run; GPU and forecast passes skipped. Friday, market open.
Book pulled ~19:48Z. 36 rows, cash -$164,274.58 ($71 above yesterday's midday). No working orders.
Prices: REALTIME get_price_snapshot last; prior-close field empty on every ticker, derived as last minus the snapshot's change (vs Thursday 10-01 close). No open-run capture today to carry from.
IV: Dec-28 340P option-midpoint-iv 35.65% valid (DELAYED quote); implied_vol 35.77%; bid/ask 54.05/55.05.
Runbook Parts 2-4 swept: every row clear.
TSLA +5.53% is a move with no written rule: named, no proposal.
GPU levels from this morning's daily CSV row and the 3-hourly intraday captures; no new pull at midday.