Daily Summary — Aug 19, 2026
Summary Generated: 19 Aug 2026Neutral
DERIV 4,523 · NORMALMACRO 3,721 · NORMALFUSED 4,122 · NORMAL
◉ Derivatives Volatility
Equity options · tactical execution signal
Measures short-term options volatility structure, correlation stress, and market breadth to identify tactical execution risk.
4,523RPM
REGIME · NORMAL
Top drivers:NETNEWLOWSP94-756.5%
◉ Macro Liquidity & Funding Stress
Rates · curve · FX · funding stress
Monitors cross-asset rate, curve, and FX plumbing dynamics to detect systemic liquidity freezes.
3,721RPM
REGIME · NORMAL
Top drivers:NETNEWLOWSP94-756.5%SOFREFFRP57+100.0%
Expiration Calendar · MONTHLY OPEX 08/21 (T-2) · VIX SETTLEMENT 08/19 (T-0)
Cross-asset volatility remains suppressed across the tape in Subdued/Elevated territory. Credit spreads, FX vol, and rates plumbing are calm, indicating no immediate systemic contagion.
Primary Focus: NYSE+Nasdaq Cumulative Net New 52W Lows (NETNEWLOWS) at P94 1Y with 1W Δ −312 pts — FRAGILE regime.
Secondary Focus: Repo Funding Stress (SOFR – EFFR) (SOFREFFR) at P57 1Y with 1W Δ +1 bps — NORMAL regime.
Neutral — Keep gross exposure near benchmark; only trim on further cross-asset confirmation.