NOK Confirmed October22 earnings and expiry minimum = 8
Convex events2026-09-12 04:06
Issuer Dec1 2025 planned '22 October 2026', current calendar and July23report agree as checkedSep12. Date-only future release; hour not assumed. Oct30 expiry8daysafter; Nov20expiry29daysafter. Default prior-session exitOct21RTH for any future eligible holding; early guidance may precede date. These are one issuer origin, not three independent sources.
https://www.nokia.com/newsroom/nokia-corporations-financial-calendar-for-2026/ ; https://www.nokia.com/about-us/investors/investor-relations-events/
FTK R91204 alternative polymer supply infrastructure = 2017
Apr4 2025 synthetic prior-close minus prior2adjustedATR rescaled to raw=41.8355261; first observed1min low crossing10:21UTC open41.81 low41.79. First available exact-quarterhour minute OPEN below level11:00 at41.06 (-.775526 below stop). Apr7 level39.2160096; first1min low crossing08:00 open39.3 low38.13; first available exact-quarterhour minute OPEN below level11:00 at39.06(-.156010). These are sparse printed trade samples, NOT actual15minute venue checks, latest-quote carryforward, exit latency, fills or backtest. Missing exact-minute prints do not imply no liquidity or no earlier executable stop. CollectionSep12.
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=EEM&timeframe=1Min&start=2025-04-03T00:00:00Z&end=2025-04-08T00:00:00Z&feed=sip&adjustment=raw
EEM Primary broker extended hours risk disclosure
Core trend2026-09-12 04:06
AccessedSep12 2026; document V5.2026.04. Broker states lower liquidity, wider spreads, volatility, partial/no execution, unlinked markets, and overnight cancel/reroute intervals during which order is ineligible. It describes generic broker facilities, not confirmation of this application's routing; user venue states15min synthetic stop enforcement with whole-share extended-hours limits. No observed actual fund fills or slippage, pending order11 only.
https://files.alpaca.markets/disclosures/library/ExtHrsOvernightRisk.pdf
EEM Primary issuer distribution and valuation timing cross-check
Core trend2026-09-12 04:06
AccessedSep12 04UTC. Sep11 close67.84,NAV67.95,non-FV NAV67.56; Sep10 median spread.01%,IT42.99%,Taiwan27.90/Korea21.69/China19.58. Issuer explains vendor holdings prices can differ from valuation prices and FX timing (London4pm vs NYclose). Dec20 2023 ex-date distribution.748036 and Dec17 2024 distribution.727370 coincide with two raw-gap trend breaches absent from fully adjusted gap counts. Those raw price discontinuities are not necessarily equivalent total-return losses; entitlement and actual stop policy matter. Source is issuer primary for distributions, commercially interested. Retrieved search PDF p-ishares-trust-emerging-8-31 not used as EEM-specific evidence; product points to p-ishares-inc-emerging-markets-8-31.
https://www.ishares.com/us/products/239637/ishares-msci-emerging-markets-etf
Joint five-year opening-gap and 60-session resampling diagnostic = -6.861705043013716
Measured Sept12 2026; selected historical daily-tail date, same Alpaca source, NOT independent corroboration or executable bid/ask. {"symbol":"QQQ","date":"2024-08-05","previous_close":448.75,"daily_open":424.71,"first15_open":424.71,"first15_low":423.45,"first15_close":429.88,"next15_open":429.96,"next15_open_vs_prev_pct":-4.187186629526463,"bar_n":3}
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=QQQ&timeframe=15Min&feed=sip&adjustment=split
FTK R91204 PWRtek debt completes enterprise value bridge = 40
Supply chain2026-09-12 04:06
June30'26 Note9 additional40m secured PWRtek principal due2030,2mH1interest,assignedNov7'25toPC Energy relatedaffiliate. Add to10.4mABL; ABL-only EV is incomplete diagnostic, not valuation. June30compliance disclosed, not proofSep12position. ProFracAug6Q2report also forecastsQ3fracpricingimprovement; FYcapex155-185m includesFTK,exFTK145-175m. This is a positive customerdemand counterexample alongside financingrisk.
https://www.sec.gov/Archives/edgar/data/928054/000092805426000080/ftk-20260630.htm
Measured Sept12 2026; selected historical daily-tail date, same Alpaca source, NOT independent corroboration or executable bid/ask. {"symbol":"EFA","date":"2024-08-05","previous_close":77,"daily_open":74.23,"first15_open":74.23,"first15_low":73.91,"first15_close":74.395,"next15_open":74.4,"next15_open_vs_prev_pct":-3.3766233766233666,"bar_n":3}
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=EFA&timeframe=15Min&feed=sip&adjustment=split
EFA Five-year overnight gap distribution and stress sizing = -4.501452081316549
Core trend fractional2026-09-12 04:05
Measured Sept12 2026; Sept13 2021–Sept11 2026 completed sessions. Gap=open/priorclose-1, split adjusted but NOT dividend adjusted to retain ex-dividend raw stop-trigger risk. Monday proxy misses Tuesday openings after Monday holidays. No strategy conditioning, not trade returns. Stress=current2ATR risk plus twice historical worst gap from stop plus assumed50bp slippage. {"symbol":"EFA","n":1255,"worst_gap_pct":-4.501452081316549,"worst_date":"2026-03-03","p01_gap_pct":-2.349199465099487,"p001_gap_pct":-3.7925187475600484,"weekend_n":234,"weekend_worst_pct":-3.597402597402588,"weekend_p01_pct":-2.5397358398864487,"normal_stop_loss":0.7963328978444224,"stop_plus_double_worst_plus50bp_loss":5.307890487873912,"stress_equity_pct":0.6237312410103424,"zero_price_loss_equity_pct":5.667516657070001,"breach_gap_pct":52.14306338341611,"extremes":[{"date":"2026-03-03","pct":-4.501452081316549},{"date":"2025-04-04","pct":-3.8222111553784743},{"date":"2023-03-15","pct":-3.705311911998843},{"date":"2022-02-24","pct":-3.67109184502844},{"date":"2024-08-05","pct":-3.597402597402588}]}
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=EFA&timeframe=1Day&feed=sip&adjustment=split
IWM Five-year overnight gap distribution and stress sizing = -5.274746314378698
Core trend fractional2026-09-12 04:05
Measured Sept12 2026; Sept13 2021–Sept11 2026 completed sessions. Gap=open/priorclose-1, split adjusted but NOT dividend adjusted to retain ex-dividend raw stop-trigger risk. Monday proxy misses Tuesday openings after Monday holidays. No strategy conditioning, not trade returns. Stress=current2ATR risk plus twice historical worst gap from stop plus assumed50bp slippage. {"symbol":"IWM","n":1255,"worst_gap_pct":-5.274746314378698,"worst_date":"2024-08-05","p01_gap_pct":-2.4493395860963925,"p001_gap_pct":-4.478461637657205,"weekend_n":234,"weekend_worst_pct":-5.274746314378698,"weekend_p01_pct":-2.6068880130964813,"normal_stop_loss":1.025031780262382,"stop_plus_double_worst_plus50bp_loss":6.244961473747997,"stress_equity_pct":0.7338466343609205,"zero_price_loss_equity_pct":5.6663415551299074,"breach_gap_pct":51.92220515044104,"extremes":[{"date":"2024-08-05","pct":-5.274746314378698},{"date":"2025-04-03","pct":-4.712326063357342},{"date":"2025-04-07","pct":-3.791599977923732},{"date":"2025-04-04","pct":-3.712101239124699},{"date":"2024-08-02","pct":-3.5691199556745823}]}
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=IWM&timeframe=1Day&feed=sip&adjustment=split
QQQ Five-year overnight gap distribution and stress sizing = -5.357103064066859
Core trend fractional2026-09-12 04:05
Measured Sept12 2026; Sept13 2021–Sept11 2026 completed sessions. Gap=open/priorclose-1, split adjusted but NOT dividend adjusted to retain ex-dividend raw stop-trigger risk. Monday proxy misses Tuesday openings after Monday holidays. No strategy conditioning, not trade returns. Stress=current2ATR risk plus twice historical worst gap from stop plus assumed50bp slippage. {"symbol":"QQQ","n":1255,"worst_gap_pct":-5.357103064066859,"worst_date":"2024-08-05","p01_gap_pct":-2.34728786814266,"p001_gap_pct":-3.981488779524752,"weekend_n":234,"weekend_worst_pct":-5.357103064066859,"weekend_p01_pct":-3.259344005552209,"normal_stop_loss":1.0614801183415394,"stop_plus_double_worst_plus50bp_loss":6.355241145439348,"stress_equity_pct":0.7468056199766563,"zero_price_loss_equity_pct":5.6663415551299074,"breach_gap_pct":51.885046314133746,"extremes":[{"date":"2024-08-05","pct":-5.357103064066859},{"date":"2025-04-03","pct":-4.139451853407539},{"date":"2025-01-27","pct":-3.5175499877272753},{"date":"2025-04-07","pct":-3.314642629001341},{"date":"2022-02-24","pct":-3.2117054216501906}]}
https://runway.adityaperswal.workers.dev/data/stock-bars?symbols=QQQ&timeframe=1Day&feed=sip&adjustment=split
NOK Strike coverage table rows 48–49 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120P00014000","vintage":"catalog","p":3.5,"date":"2026-09-09","strike":14,"type":"put","hurdle":6.109613656783475,"hits":3,"gap_hits":2,"mean_intrinsic":2.856043101228602,"mean_multiple":0.8160123146367434,"max_multiple":1.0895019305019302},{"symbol":"NOK261120P00014000","vintage":"trade","p":3.28,"date":"2026-09-11","strike":14,"type":"put","hurdle":4.1329739442947035,"hits":4,"gap_hits":4,"mean_intrinsic":2.856043101228602,"mean_multiple":0.8707448479355494,"max_multiple":1.162578279499011}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 44–47 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120P00012000","vintage":"catalog","p":1.86,"date":"2026-09-09","strike":12,"type":"put","hurdle":9.34411500449237,"hits":0,"gap_hits":0,"mean_intrinsic":0.9266160479976243,"mean_multiple":0.4981806709664647,"max_multiple":0.974869224062772},{"symbol":"NOK261120P00012000","vintage":"trade","p":1.77,"date":"2026-09-11","strike":12,"type":"put","hurdle":8.535489667565146,"hits":0,"gap_hits":0,"mean_intrinsic":0.9266160479976243,"mean_multiple":0.5235118915240815,"max_multiple":1.0244388456252858},{"symbol":"NOK261120P00013000","vintage":"catalog","p":2.73,"date":"2026-09-10","strike":13,"type":"put","hurdle":8.176100628930826,"hits":1,"gap_hits":0,"mean_intrinsic":1.8560431012286023,"mean_multiple":0.6798692678493049,"max_multiple":1.0304969804969801},{"symbol":"NOK261120P00013000","vintage":"trade","p":2.46,"date":"2026-09-11","strike":13,"type":"put","hurdle":5.750224618149153,"hits":3,"gap_hits":2,"mean_intrinsic":1.8560431012286023,"mean_multiple":0.7544890655400822,"max_multiple":1.1436003076246974}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 40–43 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120P00010000","vintage":"catalog","p":0.79,"date":"2026-09-10","strike":10,"type":"put","hurdle":17.699910152740348,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120P00010000","vintage":"trade","p":0.67,"date":"2026-09-11","strike":10,"type":"put","hurdle":16.621743036837383,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120P00011000","vintage":"catalog","p":1.32,"date":"2026-09-10","strike":11,"type":"put","hurdle":13.477088948787069,"hits":0,"gap_hits":0,"mean_intrinsic":0.28773659284440245,"mean_multiple":0.2179822673063655,"max_multiple":0.616103603603603},{"symbol":"NOK261120P00011000","vintage":"trade","p":1.13,"date":"2026-09-11","strike":11,"type":"put","hurdle":11.76999101527404,"hits":0,"gap_hits":0,"mean_intrinsic":0.28773659284440245,"mean_multiple":0.2546341529596482,"max_multiple":0.7196962449174832}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 36–39 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120P00008000","vintage":"catalog","p":0.19,"date":"2026-09-10","strike":8,"type":"put","hurdle":30.278526504941603,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120P00008000","vintage":"trade","p":0.16,"date":"2026-09-11","strike":8,"type":"put","hurdle":30.00898472596586,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120P00009000","vintage":"catalog","p":0.41,"date":"2026-09-10","strike":9,"type":"put","hurdle":23.27044025157233,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120P00009000","vintage":"trade","p":0.33,"date":"2026-09-11","strike":9,"type":"put","hurdle":22.551662174303686,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 32–35 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120C00013000","vintage":"catalog","p":0.49,"date":"2026-09-10","strike":13,"type":"call","hurdle":21.65318957771787,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120C00013000","vintage":"trade","p":0.63,"date":"2026-09-11","strike":13,"type":"call","hurdle":22.911051212937995,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120C00014000","vintage":"catalog","p":0.37,"date":"2026-09-10","strike":14,"type":"call","hurdle":29.559748427672943,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0},{"symbol":"NOK261120C00014000","vintage":"trade","p":0.43,"date":"2026-09-11","strike":14,"type":"call","hurdle":30.098831985624432,"hits":0,"gap_hits":0,"mean_intrinsic":0,"mean_multiple":0,"max_multiple":0}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 28–31 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120C00011000","vintage":"catalog","p":1.05,"date":"2026-09-10","strike":11,"type":"call","hurdle":8.715184186882293,"hits":2,"gap_hits":1,"mean_intrinsic":0.4316934916158004,"mean_multiple":0.4111366586817146,"max_multiple":1.3369242779078845},{"symbol":"NOK261120C00011000","vintage":"trade","p":1.31,"date":"2026-09-11","strike":11,"type":"call","hurdle":11.051212938005383,"hits":2,"gap_hits":0,"mean_intrinsic":0.4316934916158004,"mean_multiple":0.32953701650061096,"max_multiple":1.0715805280941058},{"symbol":"NOK261120C00012000","vintage":"catalog","p":0.73,"date":"2026-09-10","strike":12,"type":"call","hurdle":14.82479784366576,"hits":0,"gap_hits":0,"mean_intrinsic":0.07057294676902227,"mean_multiple":0.09667526954660585,"max_multiple":0.5531102627442175},{"symbol":"NOK261120C00012000","vintage":"trade","p":0.92,"date":"2026-09-11","strike":12,"type":"call","hurdle":16.531895777178786,"hits":0,"gap_hits":0,"mean_intrinsic":0.07057294676902227,"mean_multiple":0.07670972474893725,"max_multiple":0.4388809693513899}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 24–27 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261120C00009000","vintage":"catalog","p":2.09,"date":"2026-09-10","strike":9,"type":"call","hurdle":0.08984725965857213,"hits":5,"gap_hits":5,"mean_intrinsic":2.143956898771398,"mean_multiple":1.0258166979767456,"max_multiple":1.6285983214369755},{"symbol":"NOK261120C00009000","vintage":"trade","p":2.5,"date":"2026-09-11","strike":9,"type":"call","hurdle":3.77358490566037,"hits":4,"gap_hits":4,"mean_intrinsic":2.143956898771398,"mean_multiple":0.8575827595085592,"max_multiple":1.3615081967213114},{"symbol":"NOK261120C00010000","vintage":"catalog","p":1.48,"date":"2026-09-10","strike":10,"type":"call","hurdle":3.5938903863432095,"hits":4,"gap_hits":4,"mean_intrinsic":1.143956898771398,"mean_multiple":0.7729438505212148,"max_multiple":1.6241692512184316},{"symbol":"NOK261120C00010000","vintage":"trade","p":1.81,"date":"2026-09-11","strike":10,"type":"call","hurdle":6.558849955076363,"hits":2,"gap_hits":3,"mean_intrinsic":1.143956898771398,"mean_multiple":0.6320203860615458,"max_multiple":1.3280499954714247}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars
NOK Strike coverage table rows 20–23 = 11
Convex events2026-09-12 04:05
Sep12measurement; Sep11 spot11.13. p/share, .05 assumed roundtrip costs. N11 signed earnings coverage. Intrinsic excludes residual value, not option PnL. Catalog and trade vintages separate. [{"symbol":"NOK261030P00011500","vintage":"trade","p":1.22,"date":"2026-09-11","strike":11.5,"type":"put","hurdle":8.086253369272244,"hits":1,"gap_hits":0,"mean_intrinsic":0.5604638655716752,"mean_multiple":0.4593966111243239,"max_multiple":1.076439964554718},{"symbol":"NOK261030P00012000","vintage":"trade","p":1.53,"date":"2026-09-11","strike":12,"type":"put","hurdle":6.379155435759216,"hits":3,"gap_hits":2,"mean_intrinsic":0.9266160479976243,"mean_multiple":0.6056314039200159,"max_multiple":1.1851351351351345},{"symbol":"NOK261120C00008000","vintage":"catalog","p":3.05,"date":"2026-09-09","strike":8,"type":"call","hurdle":-0.2695417789757498,"hits":5,"gap_hits":5,"mean_intrinsic":3.143956898771398,"mean_multiple":1.0308055405807863,"max_multiple":1.4438591776404193},{"symbol":"NOK261120C00008000","vintage":"trade","p":3.25,"date":"2026-09-11","strike":8,"type":"call","hurdle":1.52740341419586,"hits":5,"gap_hits":4,"mean_intrinsic":3.143956898771398,"mean_multiple":0.9673713534681224,"max_multiple":1.3550063051702397}]
option_contracts ; https://runway.adityaperswal.workers.dev/data/option-bars ; https://runway.adityaperswal.workers.dev/data/stock-bars