The September 19th OpEx Customer Short Put Unwind -- The Mechanics
7490–7550 is the range for now: 7490 is the floor, 7550 is where rallies are likely to stall. Latest: The 7500 hold under 7510 air.
Stuck between 7375 and 7520 into OPEX: 7375 is the floor to watch, 7520 is where rallies have stalled.
A narrated teaching recap — November 6: a 24-point slip lands on the 7405 hold, inside the 7340–7455 projected range
An update of the 18 October advisory. The November break demands a fresh test of that contained-stress case. Broader damage and sharper AI financing strains weaken the benign interpretation, without establishing an imminent crash.