Internal research note — not investment advice. A coverage-universe scan narrowed to overnight movers, one analyst agent per surviving name, synthesized by a CIO pass. Sparklines and the ticker are illustrative (no intraday tick data on this feed). Conviction bands are ordinal and uncalibrated; no probabilities, no position sizing. Options plays express the desk’s directional calls; the strike, expiry, premium and implied volatility are pulled from the live options chain as of the pre-open snapshot (premiums are indicative, not executable quotes). When the options feed is unavailable a card falls back to a structural note without contract detail.