# Friday 2026-05-08 — Market Open Queue
> Source: Session 28 handoff doc (5/7) + Schwab confirmation 5/7 3:59 PM
> Pre-flight: AFRM earnings call 5/7 5:30-6:30 PM ET — read AH print before trading at open
> Read this on phone before 9:30 AM bell.

## 1. AFRM — held 7 sh remaining (already sold 8 of 15 at $67.35 today 3:59 PM)

**Conditional on overnight gap from $67.36 close:**

| Gap scenario | Action |
|---|---|
| Gap up ≥ +5% (~$70.73 open) | Sell 4 of 7 remaining → keep 3 sh runner |
| Gap flat ±3% ($65.34-$69.39) | Sell 4 of 7 → event passed, lock partial profit |
| Gap down -5% to -10% ($60.62-$64.00) | Hold all 7 (lower-conviction wait) |
| Gap down ≥ -10% (≤$60.62) | Exit all 7 — base broken |

**Why:** Earnings binary. Already de-risked half. Remaining 7 sh = $471 at last close. Worst case -20% gap = $94 loss. Acceptable risk for asymmetric upside.

## 2. COST — TRIM 25% (Fidelity Margin)

- Position: 2.00 sh @ $903.33 entry, closed $1012.62 = +12.10%
- **Trigger: broke $1010 at close**
- Action: Sell 0.5 sh limit $1010 GTC at open
- After: 1.5 sh remaining = +12.10% locked partial

## 3. PYPL — EXIT FULL (Fidelity Margin)

- Position: 29 sh @ $70.29 entry, closed $46.22 = -34.24%
- **Override engine HOLD** — Macquarie downgrade catalyst, base broken
- Action: Sell 29 sh market at open
- Realized loss: $698 (already on the books in P&L)

## 4. MRVL — EXIT FULL (Schwab 898)

- Position: 1 sh @ $91.945 entry, closed $160.02 = +74.03%
- **Live Guard BLOCKED — SHOCK_DOWN -7.69%**
- Action: Sell 1 sh market at open
- Realized profit: $68

## 5. VOO — TRIM 50% (Fidelity Margin)

- Position: 2 sh @ $479.84 entry, closed $672.54 = +40.16%
- Action: Sell 1 sh market at open
- After: 1 sh remaining = +40.16% locked partial

## 6. SCHZ — EXIT (Fidelity Margin)

- Position: 21.38 sh @ $23.39 entry, closed $23.14 = -1.07%
- Action: Sell 21.38 sh market at open
- Reason: NEAR TARGET, redeploy capital

## 7. GOOG — CLOSE (Fidelity Cash)

- Position: 0.081 sh @ $305.36 entry, closed $395.30 = +29.48%
- Action: Sell 0.081 sh market — useless $32 position
- Realized profit: ~$7

## 8. SLV — ADD limit above $71.50 (Fidelity Margin)

- SACS 82.17 / Grade A · Lean In + Pre-Expansion compression
- Suggested size: $1,500 limit @ $71.50 ≈ 21 sh
- Catalyst: gold bid + 4 sectors flagging precious metals strength

## 9. DIS — ADD limit above $108 (Fidelity Margin)

- SACS 75.58 / Grade A · Breakout Watch
- Suggested size: $1,500 limit @ $108 ≈ 14 sh
- Catalyst: ABNB beat + raised 2026 guide → travel/leisure tailwind

## 10. UBER — WATCH for $80 reclaim (no order yet)

- LYFT guided Q2 bookings up AH = read-through tailwind
- Set alert: notify if UBER prints $80
- Decide ADD only if reclaim holds 30 min

---

## Pre-fire checklist (before 9:30 AM bell)

- [ ] AFRM earnings result (read AH price action 5/8 6:00 AM)
- [ ] Schwab + Fidelity logged in
- [ ] Limit prices set in advance for AFRM, COST, SLV, DIS
- [ ] No surprise overnight macro (check headlines 9:00 AM)
- [ ] Total cash deployed estimate: ~$3,000 new ADDs minus exits ≈ neutral

## Source trail
- File: `outputs/2026-05-08_friday-open-queue.md`
- Source: Session 28 handoff `audits/SESSION_28_HANDOFF_2026-05-07.md`
- Schwab AFRM trade: thread `19e0406064136271` (5/7 7:59 PM UTC = 3:59 PM ET)
- Last commit on workspace before drafting: see `git log -1`