Daily Summary — Jul 23, 2026
Summary Generated: 23 Jul 2026Risk-Off
▲ 1 flag
DERIV 5,462 · NORMALMACRO 4,129 · NORMALFUSED 4,796 · NORMAL
◉ Derivatives Volatility
Equity options · tactical execution signal
Measures short-term options volatility structure, correlation stress, and market breadth to identify tactical execution risk.
5,462RPM
REGIME · NORMAL
Top drivers:VIX9DP76+50.5%
▲ Term Structure Inversion
◉ Macro Liquidity & Funding Stress
Rates · curve · FX · funding stress
Monitors cross-asset rate, curve, and FX plumbing dynamics to detect systemic liquidity freezes.
4,129RPM
REGIME · NORMAL
Top drivers:VXHYGP69+41.4%
Expiration Calendar · MONTHLY OPEX 08/21 (T-29) · VIX SETTLEMENT 08/19 (T-27)
Overlay flags active while no single asset-class bucket has cleared the stress threshold. Treat as a watch window — the tape is unconfirmed but contingency signals are printing.
Primary Focus: 9-Day S&P 500 Volatility (VIX9D) at P76 1Y with 1W velocity +50.5% — ELEVATED regime.
Secondary Focus: CBOE High-Yield Corporate Bond ETF Volatility (VXHYG) at P69 1Y with 1W velocity +41.4% — NORMAL regime.
Risk-Off — Overlay flag active on a mid-band fused score — score and flag cross-confirm; reduce gross and tighten stops.