Daily Summary — Jul 17, 2026
Measures short-term options volatility structure, correlation stress, and market breadth to identify tactical execution risk.
Monitors cross-asset rate, curve, and funding plumbing dynamics to detect systemic liquidity freezes.
Tracks institutional futures leverage and credit spreads to quantify forced unwind and de-leveraging capacity.
Localized stress in Equity Vol (VXN, VIX9D). Fused 5,294 RPM (NORMAL), fused composite rising (+633 RPM day-over-day, +889 over 5 sessions). Other asset-class buckets remain contained — treat as an early-warning window pending cross-asset confirmation. SPX realized vol (1M/3M: 11.6% / 13.0%): 1M is below 3M by 1.3 vol points — short-term vol remains subdued.
Primary Focus: Crude Oil Volatility Index (OVX) at P74 1Y with 1W velocity +34.4% — ELEVATED regime.
Risk-Off — Overlay flag active on a mid-band fused score — score and flag cross-confirm; reduce gross and tighten stops.