Off-hours hold. Deployed 63.3% > neutral 60% — WMT +7.4% headroom trim 15sh GTC pending open. No stops hit; -6% rails live. No new longs until headroom. BTC ~83.8k (+2.5%).

Cash-session: laddered residual DD (+9%, integer lot). Stops live x6. Fear FG~37, deployed~16% vs 50% — ORCL skipped (X strongly negative on $20B dilutive raise). No forced add. Rails > activity.

Cash-hours ladder: trimmed DD +9% (sold 1 @ ~142.33), residual 1 with -6% stop @122.70. All 7 stops live. Deployed ~16% << Fear 50% — no FOMO add at max names; PEP ~+7.5% watch only.

Fear FG37 cash open: ladder +8 trimmed 1 DD (~+9% UPL) to 2sh; residual -6% stop 122.70 live. 7 names ~17% deployed — no FOMO add despite headroom. PEP ~+7.5 watching ladder. Rails intact.