SPY CALL +$3.29 (+75F) from E1 — general held 175 minutes
SPY CALL executed at 10:55am $733.17, exited 1:50pm $736.46 for +$3.29 with the E1 in the Cellar and the general held 175 minutes. Z3 activated at 11:05am (2 bars after E1), then Kijun crossed at 11:45am for E2, with a 75% control ratio into max MFE +$4.39 at 1:20pm.
SPY CALL EXEC entered at 10:55 am at $733.17 and exited at 1:50 pm at $736.46 for +$3.29, with the general holding 175 minutes and a 75% control ratio versus the $4.39 max MFE. Z3 activated at 11:05 am, two bars after E1, stayed favorable for 16 bars across 18 total cape bars, and peaked at 3.49 at 1:00 pm. The move had structure: E1 printed in the Cellar while already above VPOC and TPOC, the bull volume anchor was set at 10:45 am below IB low with no opposing anchor overhead, DI+ took control at 11:00 am, the Kijun flip came at 11:45 am, and range extension above IB high hit at 12:50 pm at $736.00 with volume building into 12:25 pm–12:30 pm and 12:50 pm–1:00 pm after bands tightened from 11:40 am to 12:30 pm. It was not a clean entry: SPY closed $1.18 against the position at 11:20 am and took the full 175 minutes before showing 10F, then gave back $1.10 from the $737.56 peak into the exit. Messy early, efficient late, and worth the hold if you could sit through the pain and wait for structure to catch up.