Arena run #1020

You are an Arena strategy executor. You must follow the strategy rules strictly and output ONLY valid JSON. You are NOT allowed to invent prices, fundamentals, earnings dates, or sentiment. If a field is null/empty, treat it as unknown. You are a constrained selector (no narrative).

{"task": "stage1_universe_scan", "region": "EU", "strategy": {"key": "meanrev-v1", "name": "Two-Stage LLM Mean-Reversion (Arena v1)", "rules": {"max_positions": 10, "max_buys_per_run": 2, "avoid_overtrading": true, "max_sells_per_run": 2, "max_gross_leverage": 3.0, "fixed_position_size": 3000.0, "universe_symbols_eu": [], "universe_symbols_us": []}}, "selection_rules": {"horizon": "2-10 trading days", "target": "short-term mean reversion in liquid equities", "constraints": ["Select exactly 5 candidates", "Avoid earnings within 5 trading days (if known)", "Avoid highly binary/event-driven moves (if known)", "Avoid sector concentration: max 1 per sector unless clearly justified (sector may be unknown)"]}, "universe": [{"symbol": "CRST_CFD.UK", "name": "CREST NICHOLSON HOLDINGS", "sector": "", "last_price": 167.8, "change_1d_pct": 24.85119047619049, "distance_from_ma200_pct": 1.2720261375977815, "distance_from_ma50_pct": 17.82963155418549, "volatility_20d_pct": 158.46878099582966, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "FUTR_CFD.UK", "name": "FUTURE PLC", "sector": "", "last_price": 368.42, "change_1d_pct": -30.74812030075188, "distance_from_ma200_pct": -45.17933560634293, "distance_from_ma50_pct": -32.26659626501075, "volatility_20d_pct": 170.38116786538166, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MSLH_CFD.UK", "name": "MARSHALLS PLC", "sector": "", "last_price": 179.0, "change_1d_pct": 2.052451539338662, "distance_from_ma200_pct": -18.41965657865713, "distance_from_ma50_pct": 4.539832012082234, "volatility_20d_pct": 102.90810964969117, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BOY_CFD.UK", "name": "BODYCOTE PLC", "sector": "", "last_price": 721.0, "change_1d_pct": -6.666666666666665, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -3.9396725155548484, "volatility_20d_pct": 2835.238795438552, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "PHP_CFD.UK", "name": "PRIMARY HEALTH PROPERTIES", "sector": "", "last_price": 91.7, "change_1d_pct": -14.856081708449398, "distance_from_ma200_pct": -4.711135496193131, "distance_from_ma50_pct": -6.104920839383099, "volatility_20d_pct": 6010.672107732524, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "SPX_CFD.UK", "name": "SPIRAX-SARCO ENGINEERING PLC", "sector": "", "last_price": 7608.71, "change_1d_pct": 10.91413994169097, "distance_from_ma200_pct": 15.905097055024719, "distance_from_ma50_pct": 8.459177525660632, "volatility_20d_pct": 84.71063298478786, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "PAGE_CFD.UK", "name": "PAGEGROUP PLC", "sector": "", "last_price": 152.7, "change_1d_pct": -36.79635761589404, "distance_from_ma200_pct": -40.61156091058385, "distance_from_ma50_pct": -31.72721647345812, "volatility_20d_pct": 193.22753953431183, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ICG_CFD.UK", "name": "ICG Plc", "sector": "", "last_price": 1693.0, "change_1d_pct": -15.18545979199647, "distance_from_ma200_pct": -16.18296530905513, "distance_from_ma50_pct": -12.256151916578562, "volatility_20d_pct": 73.10253575454833, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "JDW_CFD.UK", "name": "WETHERSPOON (J.D.) PLC", "sector": "", "last_price": 748.5, "change_1d_pct": 9.750733137829904, "distance_from_ma200_pct": 6.242631058659898, "distance_from_ma50_pct": 5.290077328071208, "volatility_20d_pct": 98.2373545531062, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MCG_CFD.UK", "name": "MOBICO GROUP PLC", "sector": "", "last_price": 19.51, "change_1d_pct": -21.646586345381515, "distance_from_ma200_pct": -29.294942649537013, "distance_from_ma50_pct": -17.188746837807088, "volatility_20d_pct": 260.52106739031456, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "SHC_CFD.UK", "name": "SHAFTESBURY CAPITAL PLC", "sector": "", "last_price": 140.4, "change_1d_pct": -2.9045643153526868, "distance_from_ma200_pct": 0.26963533347688085, "distance_from_ma50_pct": -0.771073778544229, "volatility_20d_pct": 63.75522821252001, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "PAG_CFD.UK", "name": "PARAGON BANKING GROUP PLC", "sector": "", "last_price": 852.5, "change_1d_pct": -3.399433427762044, "distance_from_ma200_pct": -1.3404962254783492, "distance_from_ma50_pct": 0.699141440891915, "volatility_20d_pct": 71.52779356208148, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "SAFE_CFD.UK", "name": "SAFESTORE HOLDINGS PLC", "sector": "", "last_price": 708.0, "change_1d_pct": 0.14144271570013522, "distance_from_ma200_pct": 7.079918522466522, "distance_from_ma50_pct": -2.535991476029087, "volatility_20d_pct": 107.99712610776675, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "UTG_CFD.UK", "name": "UNITE GROUP PLC/THE", "sector": "", "last_price": 505.0, "change_1d_pct": -8.265213442325159, "distance_from_ma200_pct": -32.12786599325862, "distance_from_ma50_pct": -13.548388422126267, "volatility_20d_pct": 98.87339279796446, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "DLN_CFD.UK", "name": "DERWENT LONDON PLC", "sector": "", "last_price": 1953.0, "change_1d_pct": 10.401356698699837, "distance_from_ma200_pct": 5.069478604951705, "distance_from_ma50_pct": 12.150447212111025, "volatility_20d_pct": 115.39088732649292, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "DOM_CFD.UK", "name": "DOMINO'S PIZZA GROUP PLC", "sector": "", "last_price": 183.13, "change_1d_pct": -0.3102885138813294, "distance_from_ma200_pct": -15.070952368916624, "distance_from_ma50_pct": 1.0777282376278619, "volatility_20d_pct": 87.92203351330001, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HWDN_CFD.UK", "name": "HOWDEN JOINERY GROUP PLC", "sector": "", "last_price": 843.0, "change_1d_pct": -2.686229466563539, "distance_from_ma200_pct": 2.9144756901175572, "distance_from_ma50_pct": 0.6796292983215046, "volatility_20d_pct": 44.16384759940265, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "STJ_CFD.UK", "name": "ST JAMES'S PLACE PLC", "sector": "", "last_price": 1280.0, "change_1d_pct": -14.836992681304062, "distance_from_ma200_pct": 4.633703562254432, "distance_from_ma50_pct": -6.669417974449299, "volatility_20d_pct": 125.87476157380789, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BBY_CFD.UK", "name": "BALFOUR BEATTY PLC", "sector": "", "last_price": 759.18, "change_1d_pct": 5.222453222453205, "distance_from_ma200_pct": 33.313724414201815, "distance_from_ma50_pct": 8.832962232591, "volatility_20d_pct": 54.25956465831767, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "IEP_CFD.BE", "name": "IEP Invest NV", "sector": "", "last_price": 5.4, "change_1d_pct": 0.0, "distance_from_ma200_pct": 0.9951765451794659, "distance_from_ma50_pct": 0.5657756042326989, "volatility_20d_pct": 138.39532879660115, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "IPO_CFD.UK", "name": "IP GROUP PLC", "sector": "", "last_price": 57.6, "change_1d_pct": -1.873935264054516, "distance_from_ma200_pct": 10.233643652522883, "distance_from_ma50_pct": -2.027486732888828, "volatility_20d_pct": 89.82123635439407, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "CMCX_CFD.UK", "name": "CMC MARKETS PLC", "sector": "", "last_price": 336.5, "change_1d_pct": 6.487341772151889, "distance_from_ma200_pct": 33.727269096422944, "distance_from_ma50_pct": 13.399699398122245, "volatility_20d_pct": 207.2492443353413, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "IWG_CFD.UK", "name": "IWG PLC", "sector": "", "last_price": 177.0, "change_1d_pct": -26.786896095301127, "distance_from_ma200_pct": -17.645939421376646, "distance_from_ma50_pct": -22.14236071400294, "volatility_20d_pct": 154.02502086657427, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "SRP_CFD.UK", "name": "SERCO GROUP PLC", "sector": "", "last_price": 300.0, "change_1d_pct": -0.3984063745019917, "distance_from_ma200_pct": 34.11120814305375, "distance_from_ma50_pct": 6.89280433272168, "volatility_20d_pct": 77.89780733903845, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "VIRI_CFD.FR", "name": "VIRIDIEN", "sector": "", "last_price": 127.1, "change_1d_pct": 32.258064516129025, "distance_from_ma200_pct": 86.88026988392838, "distance_from_ma50_pct": 29.097132641971314, "volatility_20d_pct": 297.97668648307325, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "WKP_CFD.UK", "name": "WORKSPACE GROUP PLC", "sector": "", "last_price": 423.0, "change_1d_pct": 3.6764705882353033, "distance_from_ma200_pct": 1.8640028868691871, "distance_from_ma50_pct": 5.808194506978848, "volatility_20d_pct": 70.2233148398582, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "UKW_CFD.UK", "name": "GREENCOAT UK WIND PLC", "sector": "", "last_price": 98.75, "change_1d_pct": -0.05060728744938903, "distance_from_ma200_pct": -11.408996180942744, "distance_from_ma50_pct": -4.589556348683388, "volatility_20d_pct": 64.15684506219812, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ATG_CFD.UK", "name": "AUCTION TECHNOLOGY GROUP", "sector": "", "last_price": 326.5, "change_1d_pct": 12.006861063464846, "distance_from_ma200_pct": -24.987260470422935, "distance_from_ma50_pct": 5.84429056770146, "volatility_20d_pct": 172.45012969704524, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BTRW_CFD.UK", "name": "Barratt Redrow Plc", "sector": "", "last_price": 265.0, "change_1d_pct": -24.458380843785633, "distance_from_ma200_pct": -31.60081201451096, "distance_from_ma50_pct": -26.246873145735073, "volatility_20d_pct": 135.16950343577923, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "CO_CFD.FR", "name": "Casino Guichard Perrachon", "sector": "", "last_price": 0.161, "change_1d_pct": 0.6250000000000089, "distance_from_ma200_pct": -54.63319103371514, "distance_from_ma50_pct": -21.973441892022873, "volatility_20d_pct": 159.06564182763353, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HMSO_CFD.UK", "name": "HAMMERSON PLC", "sector": "", "last_price": 355.4, "change_1d_pct": 14.129736673089276, "distance_from_ma200_pct": 22.516025502913806, "distance_from_ma50_pct": 10.006914897239172, "volatility_20d_pct": 87.54938293511039, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ADJ_CFD.DE", "name": "ADLER GROUP SA", "sector": "", "last_price": 0.174, "change_1d_pct": 0.5780346820809301, "distance_from_ma200_pct": -13.818722139673124, "distance_from_ma50_pct": -5.793178126691922, "volatility_20d_pct": 294.59302160430366, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ITV_CFD.UK", "name": "ITV PLC", "sector": "", "last_price": 77.2, "change_1d_pct": -8.313539192399045, "distance_from_ma200_pct": -3.1613066700786008, "distance_from_ma50_pct": -5.057064147973234, "volatility_20d_pct": 145.60286782433963, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "DOCS_CFD.UK", "name": "DR. MARTENS PLC", "sector": "", "last_price": 64.4, "change_1d_pct": -3.7369207772795177, "distance_from_ma200_pct": -14.81943439575366, "distance_from_ma50_pct": -12.617301774248702, "volatility_20d_pct": 126.3056770096304, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "AUTO_CFD.UK", "name": "AUTOTRADER GROUP PLC", "sector": "", "last_price": 490.4, "change_1d_pct": -38.63326367424575, "distance_from_ma200_pct": -37.426260695289436, "distance_from_ma50_pct": -31.896720766000808, "volatility_20d_pct": 130.06763966702516, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "EEFT_CFD.US", "name": "Euronet Worldwide Inc", "sector": "", "last_price": 67.96, "change_1d_pct": 0.08836524300439574, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -8.600877948011732, "volatility_20d_pct": 4641.720940536395, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ABDN_CFD.UK", "name": "Aberdeen Group Plc", "sector": "", "last_price": 206.2, "change_1d_pct": 0.4873294346978474, "distance_from_ma200_pct": null, "distance_from_ma50_pct": -3.567353199768042, "volatility_20d_pct": 5122.525857900045, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "ALTR_CFD.PT", "name": "Altri SGPS SA", "sector": "", "last_price": 4.615, "change_1d_pct": 0.654307524536546, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 0.7136154332976874, "volatility_20d_pct": 2215.5809254008673, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "KGF_CFD.UK", "name": "KINGFISHER PLC", "sector": "", "last_price": 288.9, "change_1d_pct": -19.683069224353634, "distance_from_ma200_pct": -1.601320156743069, "distance_from_ma50_pct": -11.033453146133033, "volatility_20d_pct": 108.51503014907387, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "UBI_CFD.FR", "name": "UBISoft Entertainment", "sector": "", "last_price": 3.902, "change_1d_pct": -2.47438140464884, "distance_from_ma200_pct": -45.5889694255188, "distance_from_ma50_pct": -5.704605539793994, "volatility_20d_pct": 100.74121862668639, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "WTB_CFD.UK", "name": "WHITBREAD PLC", "sector": "", "last_price": 2327.0, "change_1d_pct": -2.472757753562449, "distance_from_ma200_pct": -18.59489684456923, "distance_from_ma50_pct": -16.233663944578723, "volatility_20d_pct": 117.15948435652328, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "AMCX_CFD.US", "name": "AMC Networks Inc", "sector": "", "last_price": 7.25, "change_1d_pct": 6.932153392330376, "distance_from_ma200_pct": -5.0612191448962225, "distance_from_ma50_pct": -4.019275577208226, "volatility_20d_pct": 95.18204163977562, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BP_CFD.UK", "name": "BP PLC", "sector": "", "last_price": 599.9, "change_1d_pct": -0.024997916840263645, "distance_from_ma200_pct": 34.942946171845875, "distance_from_ma50_pct": 19.418351608713902, "volatility_20d_pct": 57.450503642923834, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MNDI_CFD.UK", "name": "MONDI PLC", "sector": "", "last_price": 850.0, "change_1d_pct": -8.58249085824908, "distance_from_ma200_pct": -13.160753441822449, "distance_from_ma50_pct": -3.5043803335115586, "volatility_20d_pct": 114.67736271483679, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "MSM_CFD.US", "name": "", "sector": "", "last_price": 91.29, "change_1d_pct": 1.0403984504704145, "distance_from_ma200_pct": 3.495187456777815, "distance_from_ma50_pct": 0.6101189820182595, "volatility_20d_pct": 67.00050721439972, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "AMT_CFD.US", "name": "American Tower Corp", "sector": "", "last_price": 187.64, "change_1d_pct": -1.65618448637318, "distance_from_ma200_pct": null, "distance_from_ma50_pct": 4.457727796489652, "volatility_20d_pct": 3486.0850782269963, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "SBS_CFD.DE", "name": "Stratec SE", "sector": "", "last_price": 17.74, "change_1d_pct": 4.004221140880571, "distance_from_ma200_pct": -26.531612941700722, "distance_from_ma50_pct": -11.33635209564079, "volatility_20d_pct": 86.48165309892673, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "BRBY_CFD.UK", "name": "BURBERRY GROUP PLC", "sector": "", "last_price": 1106.0, "change_1d_pct": 5.786704925872788, "distance_from_ma200_pct": -7.436242527422432, "distance_from_ma50_pct": -2.755466927626671, "volatility_20d_pct": 136.53537118978804, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}, {"symbol": "HFG_CFD.DE", "name": "", "sector": "", "last_price": 3.943, "change_1d_pct": -1.6708229426433796, "distance_from_ma200_pct": -40.677328599154464, "distance_from_ma50_pct": -19.373307923213446, "volatility_20d_pct": 118.7315796797711, "market_cap_usd": null, "avg_daily_volume_usd": null, "days_to_next_earnings": null, "earnings_confirmed": null, "news_sentiment_score": null, "news_headlines_last_3": [], "data_quality_note": "snapshot_ok_prices_technicals_only"}], "output_schema": {"selected_stocks": [{"symbol": "string", "mean_reversion_score": "integer 0-100", "selection_reason": "short, concrete, indicator-based"}], "rejected_common_reasons": ["string"]}}

{
  "raw": {
    "id": "gen-1775219021-DicboMvNiJ6NvHFbionj",
    "model": "moonshotai/kimi-k2-thinking-20251106",
    "usage": {
      "cost": 0.011949034,
      "is_byok": false,
      "cost_details": {
        "upstream_inference_cost": 0.011949034,
        "upstream_inference_prompt_cost": 0.003949034,
        "upstream_inference_completions_cost": 0.008
      },
      "total_tokens": 12447,
      "prompt_tokens": 8447,
      "completion_tokens": 4000,
      "prompt_tokens_details": {
        "audio_tokens": 0,
        "video_tokens": 0,
        "cached_tokens": 64,
        "cache_write_tokens": 0
      },
      "completion_tokens_details": {
        "audio_tokens": 0,
        "image_tokens": 0,
        "reasoning_tokens": 2854
      }
    },
    "object": "chat.completion",
    "choices": [
      {
        "index": 0,
        "message": {
          "role": "assistant",
          "content": null,
          "refusal": null,
          "reasoning": " The user wants me to act as an \"Arena strategy executor\" for a mean-reversion strategy. I need to:\n1. Analyze the provided universe of stocks (EU region)\n2. Select exactly 5 candidates for short-term mean-reversion trading (2-10 days)\n3. Score them 0-100 based on mean-reversion potential\n4. Provide short, concrete, indicator-based reasons\n5. List rejected stocks with common reasons\n6. Follow strict constraints: avoid earnings within 5 days, avoid binary events, avoid sector concentration (max 1 per sector unless justified)\n7. Output ONLY valid JSON, no narrative\n\nKey strategy: Mean-reversion looks for stocks that have moved too far from their mean and are likely to revert. Typically:\n- Large moves in one direction (overextended)\n- High volatility (creates opportunity)\n- Distance from moving averages (far from mean)\n- No upcoming events that could cause continued drift\n\nLet me analyze each stock:\n\n**CRST_CFD.UK**: +24.85% day, +17.8% from MA50, high vol 158%. Overextended to upside. Good short candidate for mean reversion down.\n\n**FUTR_CFD.UK**: -30.75% day, -45% from MA200, -32% from MA50, vol 170%. Massive down move, extremely oversold. Strong long candidate for bounce.\n\n**MSLH_CFD.UK**: +2.05% day, -18% from MA200, +4.5% from MA50, vol 102%. Moderate. Not as extreme.\n\n**BOY_CFD.UK**: -6.67% day, vol 2835% (extremely high!), distance from MA50 -3.9%. Very high volatility suggests potential but also risk. Missing MA200 data.\n\n**PHP_CFD.UK**: -14.86% day, -4.7% from MA200, -6.1% from MA50, vol 6010% (insane!). Extreme volatility, moderate distance from means. Could be a candidate but vol is suspiciously high.\n\n**SPX_CFD.UK**: +10.9% day, +15.9% from MA200, +8.5% from MA50, vol 84%. Up move, but not extreme enough maybe.\n\n**PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Massive selloff, extremely oversold. Top candidate.\n\n**ICG_CFD.UK**: -15.2% day, -16% from MA200, -12% from MA50, vol 73%. Decent down move but not as extreme as others.\n\n**JDW_CFD.UK**: +9.75% day, +6.2% from MA200, +5.3% from MA50, vol 98%. Moderate up move.\n\n**MCG_CFD.UK**: -21.6% day, -29% from MA200, -17% from MA50, vol 260%. Strong down move, high vol. Good candidate.\n\n**SHC_CFD.UK**: -2.9% day, +0.27% from MA200, -0.77% from MA50, vol 63%. Not significant move.\n\n**PAG_CFD.UK**: -3.4% day, -1.3% from MA200, +0.7% from MA50, vol 71%. Very minor move.\n\n**SAFE_CFD.UK**: +0.14% day, +7% from MA200, -2.5% from MA50, vol 108%. Not significant.\n\n**UTG_CFD.UK**: -8.3% day, -32% from MA200, -13.5% from MA50, vol 98%. Good down move.\n\n**DLN_CFD.UK**: +10.4% day, +5% from MA200, +12% from MA50, vol 115%. Up move.\n\n**DOM_CFD.UK**: -0.31% day, -15% from MA200, +1% from MA50, vol 87%. Minor move.\n\n**HWDN_CFD.UK**: -2.7% day, +2.9% from MA200, +0.68% from MA50, vol 44%. Low vol, minor move.\n\n**STJ_CFD.UK**: -14.8% day, +4.6% from MA200, -6.7% from MA50, vol 125%. Down move but above MA200.\n\n**BBY_CFD.UK**: +5.2% day, +33% from MA200, +8.8% from MA50, vol 54%. Up trend.\n\n**IEP_CFD.BE**: 0% day, +1% from MA200, +0.5% from MA50, vol 138%. No move.\n\n**IPO_CFD.UK**: -1.9% day, +10% from MA200, -2% from MA50, vol 89%. Minor.\n\n**CMCX_CFD.UK**: +6.5% day, +33.7% from MA200, +13.4% from MA50, vol 207%. Up move.\n\n**IWG_CFD.UK**: -26.8% day, -17.6% from MA200, -22% from MA50, vol 154%. Massive down move. Good candidate.\n\n**SRP_CFD.UK**: -0.4% day, +34% from MA200, +6.9% from MA50, vol 77%. Up trend.\n\n**VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move. Short candidate.\n\n**WKP_CFD.UK**: +3.7% day, +1.8% from MA200, +5.8% from MA50, vol 70%. Minor.\n\n**UKW_CFD.UK**: -0.05% day, -11% from MA200, -4.6% from MA50, vol 64%. Minor.\n\n**ATG_CFD.UK**: +12% day, -25% from MA200, +5.8% from MA50, vol 172%. Interesting - below MA200 but strong bounce.\n\n**BTRW_CFD.UK**: -24.5% day, -31.6% from MA200, -26.2% from MA50, vol 135%. Strong down move.\n\n**CO_CFD.FR**: +0.6% day, -54.6% from MA200, -22% from MA50, vol 159%. Very depressed.\n\n**HMSO_CFD.UK**: +14.1% day, +22.5% from MA200, +10% from MA50, vol 87%. Up move.\n\n**ADJ_CFD.DE**: +0.6% day, -13.8% from MA200, -5.8% from MA50, vol 294%. High vol but small move.\n\n**ITV_CFD.UK**: -8.3% day, -3.2% from MA200, -5% from MA50, vol 145%. Moderate.\n\n**DOCS_CFD.UK**: -3.7% day, -14.8% from MA200, -12.6% from MA50, vol 126%. Moderate.\n\n**AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. EXTREME down move. Top candidate.\n\n**EEFT_CFD.US**: +0.09% day, vol 4641% (insane!), no MA200. Suspicious data.\n\n**ABDN_CFD.UK**: +0.5% day, vol 5122% (insane!), no MA200. Suspicious.\n\n**ALTR_CFD.PT**: +0.65% day, vol 2215% (insane!). Suspicious.\n\n**KGF_CFD.UK**: -19.7% day, -1.6% from MA200, -11% from MA50, vol 108%. Good down move.\n\n**UBI_CFD.FR**: -2.5% day, -45.6% from MA200, -5.7% from MA50, vol 100%. Very depressed.\n\n**WTB_CFD.UK**: -2.5% day, -18.6% from MA200, -16.2% from MA50, vol 117%. Down trend.\n\n**AMCX_CFD.US**: +6.9% day, -5% from MA200, -4% from MA50, vol 95%. Minor bounce.\n\n**BP_CFD.UK**: 0% day, +34.9% from MA200, +19.4% from MA50, vol 57%. Up trend.\n\n**MNDI_CFD.UK**: -8.6% day, -13% from MA200, -3.5% from MA50, vol 114%. Moderate.\n\n**MSM_CFD.US**: +1% day, +3.5% from MA200, +0.6% from MA50, vol 67%. Minor.\n\n**AMT_CFD.US**: -1.7% day, vol 3486% (insane!), no MA200. Suspicious.\n\n**SBS_CFD.DE**: +4% day, -26.5% from MA200, -11.3% from MA50, vol 86%. Below MA200.\n\n**BRBY_CFD.UK**: +5.8% day, -7.4% from MA200, -2.8% from MA50, vol 136%. Below MA200.\n\n**HFG_CFD.DE**: -1.7% day, -40.7% from MA200, -19.4% from MA50, vol 118%. Very depressed.\n\n**Key candidates for LONG (oversold):**\n1. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170%\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193%\n3. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130%\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154%\n5. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260%\n6. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135%\n7. UTG_CFD.UK: -8.3% day, -32% from MA200, vol 98%\n\n**Key candidates for SHORT (overbought):**\n1. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158%\n2. VIRI_CFD.FR: +32.3% day, +86.9% from MA200, vol 298%\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84%\n4. DLN_CFD.UK: +10.4% day, +5% from MA200, vol 115%\n5. JDW_CFD.UK: +9.75% day, +6.2% from MA200, vol 98%\n\n**Stocks to reject due to suspicious data:**\n- EEFT_CFD.US: vol 4641%\n- ABDN_CFD.UK: vol 5122%\n- ALTR_CFD.PT: vol 2215%\n- AMT_CFD.US: vol 3486%\n- PHP_CFD.UK: vol 6010%\n- BOY_CFD.UK: vol 2835%\n\nThese volatility numbers are unrealistic and suggest data quality issues. Must reject.\n\n**Stocks to reject due to insufficient move:**\n- MSLH, PAG, SAFE, WKP, UKW, IPO, HWDN, SRP, IEP, SHC, MSM, AMCX, BP, MNDI, BRBY, etc.\n\n**Sector consideration**: All sectors are empty/unknown in data, so sector concentration constraint is effectively moot. I can select multiple from same \"unknown\" sector.\n\n**Earnings**: All have null earnings data, so no earnings avoidance needed.\n\n**Binary events**: No news headlines or sentiment data, so cannot assess. Assume unknown and proceed.\n\n**Selection logic**: For mean-reversion, I want the MOST extreme moves with decent volatility but not absurd/suspicious volatility.\n\n**Top 5 picks**:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. Most extreme down move with reasonable vol. **LONG candidate**.\n   - Score: 95 (extreme oversold, high probability of bounce)\n\n2. **PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Second most extreme down move. **LONG candidate**.\n   - Score: 92 (very oversold, high vol)\n\n3. **FUTR_CFD.UK**: -30.75% day, -45.2% from MA200, -32.3% from MA50, vol 170%. Third extreme down. **LONG candidate**.\n   - Score: 90 (extremely oversold, high vol)\n\n4. **CRST_CFD.UK**: +24.85% day, +17.8% from MA50, vol 158%. Strong up move, likely to revert down. **SHORT candidate**.\n   - Score: 88 (overbought spike)\n\n5. **VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move, but vol is very high. Still valid. **SHORT candidate**.\n   - Score: 85 (massively overextended)\n\nWait, I need exactly 5 candidates. Let me reconsider. The strategy is \"mean-reversion\" which can be both long and short. The instructions don't specify direction, just \"mean reversion candidates\". So I should pick the best opportunities regardless of direction.\n\nBut let me check the volatility for VIRI: 298% is high but not as suspicious as 4000%+ numbers. It's a French stock, maybe it's real.\n\nAlternative picks:\n- IWG_CFD.UK: -26.8% day, vol 154%\n- MCG_CFD.UK: -21.6% day, vol 260%\n- BTRW_CFD.UK: -24.5% day, vol 135%\n\nLet me rank them more systematically:\n\n**LONG candidates (oversold)**:\n1. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130% → Score 95\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193% → Score 92\n3. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170% → Score 90\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154% → Score 85\n5. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135% → Score 82\n6. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260% → Score 80\n\n**SHORT candidates (overbought)**:\n1. VIRI_CFD.FR: +32.3% day, +86% from MA200, vol 298% → Score 88\n2. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158% → Score 85\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84% → Score 70\n\nI need to pick exactly 5. The best mean-reversion setups are the most extreme moves. I should prioritize:\n\n1. AUTO_CFD.UK (LONG) - most extreme down\n2. PAGE_CFD.UK (LONG) - second most extreme down\n3. FUTR_CFD.UK (LONG) - third most extreme down\n4. VIRI_CFD.FR (SHORT) - most extreme up\n5. CRST_CFD.UK (SHORT) - second most extreme up\n\nThis gives me 3 longs and 2 shorts. That's balanced.\n\nBut wait, let me check the data quality note: \"snapshot_ok_prices_technicals_only\" for all. So the data is what it is. The extreme volatilities might be real for some stocks.\n\nLet me reconsider the suspicious volatilities:\n- PHP_CFD.UK: 6010% vol - reject\n- BOY_CFD.UK: 2835% vol - reject\n- EEFT_CFD.US: 4641% vol - reject\n- ABDN_CFD.UK: 5122% vol - reject\n- AMT_CFD.US: 3486% vol - reject\n- ALTR_CFD.PT: 2215% vol - reject\n\nThese are clearly data errors. I must reject them.\n\nFor VIRI_CFD.FR with 298% vol: This is high but plausible for a small French stock that moved 32% in a day. I'll keep it.\n\nFor MCG_CFD.UK with 260% vol: Also high but plausible given -21.6% move.\n\nFor FUTR_CFD.UK with 170% vol: Plausible.\n\nFor PAGE_CFD.UK with 193% vol: Plausible.\n\nFor AUTO_CFD.UK with 130% vol: Plausible.\n\nSo my final 5:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37% from MA200, vol 130% → Score 95\n   - Reason: Extreme -38.6% single-day selloff, -37% from ",
          "reasoning_details": [
            {
              "text": " The user wants me to act as an \"Arena strategy executor\" for a mean-reversion strategy. I need to:\n1. Analyze the provided universe of stocks (EU region)\n2. Select exactly 5 candidates for short-term mean-reversion trading (2-10 days)\n3. Score them 0-100 based on mean-reversion potential\n4. Provide short, concrete, indicator-based reasons\n5. List rejected stocks with common reasons\n6. Follow strict constraints: avoid earnings within 5 days, avoid binary events, avoid sector concentration (max 1 per sector unless justified)\n7. Output ONLY valid JSON, no narrative\n\nKey strategy: Mean-reversion looks for stocks that have moved too far from their mean and are likely to revert. Typically:\n- Large moves in one direction (overextended)\n- High volatility (creates opportunity)\n- Distance from moving averages (far from mean)\n- No upcoming events that could cause continued drift\n\nLet me analyze each stock:\n\n**CRST_CFD.UK**: +24.85% day, +17.8% from MA50, high vol 158%. Overextended to upside. Good short candidate for mean reversion down.\n\n**FUTR_CFD.UK**: -30.75% day, -45% from MA200, -32% from MA50, vol 170%. Massive down move, extremely oversold. Strong long candidate for bounce.\n\n**MSLH_CFD.UK**: +2.05% day, -18% from MA200, +4.5% from MA50, vol 102%. Moderate. Not as extreme.\n\n**BOY_CFD.UK**: -6.67% day, vol 2835% (extremely high!), distance from MA50 -3.9%. Very high volatility suggests potential but also risk. Missing MA200 data.\n\n**PHP_CFD.UK**: -14.86% day, -4.7% from MA200, -6.1% from MA50, vol 6010% (insane!). Extreme volatility, moderate distance from means. Could be a candidate but vol is suspiciously high.\n\n**SPX_CFD.UK**: +10.9% day, +15.9% from MA200, +8.5% from MA50, vol 84%. Up move, but not extreme enough maybe.\n\n**PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Massive selloff, extremely oversold. Top candidate.\n\n**ICG_CFD.UK**: -15.2% day, -16% from MA200, -12% from MA50, vol 73%. Decent down move but not as extreme as others.\n\n**JDW_CFD.UK**: +9.75% day, +6.2% from MA200, +5.3% from MA50, vol 98%. Moderate up move.\n\n**MCG_CFD.UK**: -21.6% day, -29% from MA200, -17% from MA50, vol 260%. Strong down move, high vol. Good candidate.\n\n**SHC_CFD.UK**: -2.9% day, +0.27% from MA200, -0.77% from MA50, vol 63%. Not significant move.\n\n**PAG_CFD.UK**: -3.4% day, -1.3% from MA200, +0.7% from MA50, vol 71%. Very minor move.\n\n**SAFE_CFD.UK**: +0.14% day, +7% from MA200, -2.5% from MA50, vol 108%. Not significant.\n\n**UTG_CFD.UK**: -8.3% day, -32% from MA200, -13.5% from MA50, vol 98%. Good down move.\n\n**DLN_CFD.UK**: +10.4% day, +5% from MA200, +12% from MA50, vol 115%. Up move.\n\n**DOM_CFD.UK**: -0.31% day, -15% from MA200, +1% from MA50, vol 87%. Minor move.\n\n**HWDN_CFD.UK**: -2.7% day, +2.9% from MA200, +0.68% from MA50, vol 44%. Low vol, minor move.\n\n**STJ_CFD.UK**: -14.8% day, +4.6% from MA200, -6.7% from MA50, vol 125%. Down move but above MA200.\n\n**BBY_CFD.UK**: +5.2% day, +33% from MA200, +8.8% from MA50, vol 54%. Up trend.\n\n**IEP_CFD.BE**: 0% day, +1% from MA200, +0.5% from MA50, vol 138%. No move.\n\n**IPO_CFD.UK**: -1.9% day, +10% from MA200, -2% from MA50, vol 89%. Minor.\n\n**CMCX_CFD.UK**: +6.5% day, +33.7% from MA200, +13.4% from MA50, vol 207%. Up move.\n\n**IWG_CFD.UK**: -26.8% day, -17.6% from MA200, -22% from MA50, vol 154%. Massive down move. Good candidate.\n\n**SRP_CFD.UK**: -0.4% day, +34% from MA200, +6.9% from MA50, vol 77%. Up trend.\n\n**VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move. Short candidate.\n\n**WKP_CFD.UK**: +3.7% day, +1.8% from MA200, +5.8% from MA50, vol 70%. Minor.\n\n**UKW_CFD.UK**: -0.05% day, -11% from MA200, -4.6% from MA50, vol 64%. Minor.\n\n**ATG_CFD.UK**: +12% day, -25% from MA200, +5.8% from MA50, vol 172%. Interesting - below MA200 but strong bounce.\n\n**BTRW_CFD.UK**: -24.5% day, -31.6% from MA200, -26.2% from MA50, vol 135%. Strong down move.\n\n**CO_CFD.FR**: +0.6% day, -54.6% from MA200, -22% from MA50, vol 159%. Very depressed.\n\n**HMSO_CFD.UK**: +14.1% day, +22.5% from MA200, +10% from MA50, vol 87%. Up move.\n\n**ADJ_CFD.DE**: +0.6% day, -13.8% from MA200, -5.8% from MA50, vol 294%. High vol but small move.\n\n**ITV_CFD.UK**: -8.3% day, -3.2% from MA200, -5% from MA50, vol 145%. Moderate.\n\n**DOCS_CFD.UK**: -3.7% day, -14.8% from MA200, -12.6% from MA50, vol 126%. Moderate.\n\n**AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. EXTREME down move. Top candidate.\n\n**EEFT_CFD.US**: +0.09% day, vol 4641% (insane!), no MA200. Suspicious data.\n\n**ABDN_CFD.UK**: +0.5% day, vol 5122% (insane!), no MA200. Suspicious.\n\n**ALTR_CFD.PT**: +0.65% day, vol 2215% (insane!). Suspicious.\n\n**KGF_CFD.UK**: -19.7% day, -1.6% from MA200, -11% from MA50, vol 108%. Good down move.\n\n**UBI_CFD.FR**: -2.5% day, -45.6% from MA200, -5.7% from MA50, vol 100%. Very depressed.\n\n**WTB_CFD.UK**: -2.5% day, -18.6% from MA200, -16.2% from MA50, vol 117%. Down trend.\n\n**AMCX_CFD.US**: +6.9% day, -5% from MA200, -4% from MA50, vol 95%. Minor bounce.\n\n**BP_CFD.UK**: 0% day, +34.9% from MA200, +19.4% from MA50, vol 57%. Up trend.\n\n**MNDI_CFD.UK**: -8.6% day, -13% from MA200, -3.5% from MA50, vol 114%. Moderate.\n\n**MSM_CFD.US**: +1% day, +3.5% from MA200, +0.6% from MA50, vol 67%. Minor.\n\n**AMT_CFD.US**: -1.7% day, vol 3486% (insane!), no MA200. Suspicious.\n\n**SBS_CFD.DE**: +4% day, -26.5% from MA200, -11.3% from MA50, vol 86%. Below MA200.\n\n**BRBY_CFD.UK**: +5.8% day, -7.4% from MA200, -2.8% from MA50, vol 136%. Below MA200.\n\n**HFG_CFD.DE**: -1.7% day, -40.7% from MA200, -19.4% from MA50, vol 118%. Very depressed.\n\n**Key candidates for LONG (oversold):**\n1. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170%\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193%\n3. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130%\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154%\n5. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260%\n6. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135%\n7. UTG_CFD.UK: -8.3% day, -32% from MA200, vol 98%\n\n**Key candidates for SHORT (overbought):**\n1. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158%\n2. VIRI_CFD.FR: +32.3% day, +86.9% from MA200, vol 298%\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84%\n4. DLN_CFD.UK: +10.4% day, +5% from MA200, vol 115%\n5. JDW_CFD.UK: +9.75% day, +6.2% from MA200, vol 98%\n\n**Stocks to reject due to suspicious data:**\n- EEFT_CFD.US: vol 4641%\n- ABDN_CFD.UK: vol 5122%\n- ALTR_CFD.PT: vol 2215%\n- AMT_CFD.US: vol 3486%\n- PHP_CFD.UK: vol 6010%\n- BOY_CFD.UK: vol 2835%\n\nThese volatility numbers are unrealistic and suggest data quality issues. Must reject.\n\n**Stocks to reject due to insufficient move:**\n- MSLH, PAG, SAFE, WKP, UKW, IPO, HWDN, SRP, IEP, SHC, MSM, AMCX, BP, MNDI, BRBY, etc.\n\n**Sector consideration**: All sectors are empty/unknown in data, so sector concentration constraint is effectively moot. I can select multiple from same \"unknown\" sector.\n\n**Earnings**: All have null earnings data, so no earnings avoidance needed.\n\n**Binary events**: No news headlines or sentiment data, so cannot assess. Assume unknown and proceed.\n\n**Selection logic**: For mean-reversion, I want the MOST extreme moves with decent volatility but not absurd/suspicious volatility.\n\n**Top 5 picks**:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. Most extreme down move with reasonable vol. **LONG candidate**.\n   - Score: 95 (extreme oversold, high probability of bounce)\n\n2. **PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Second most extreme down move. **LONG candidate**.\n   - Score: 92 (very oversold, high vol)\n\n3. **FUTR_CFD.UK**: -30.75% day, -45.2% from MA200, -32.3% from MA50, vol 170%. Third extreme down. **LONG candidate**.\n   - Score: 90 (extremely oversold, high vol)\n\n4. **CRST_CFD.UK**: +24.85% day, +17.8% from MA50, vol 158%. Strong up move, likely to revert down. **SHORT candidate**.\n   - Score: 88 (overbought spike)\n\n5. **VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move, but vol is very high. Still valid. **SHORT candidate**.\n   - Score: 85 (massively overextended)\n\nWait, I need exactly 5 candidates. Let me reconsider. The strategy is \"mean-reversion\" which can be both long and short. The instructions don't specify direction, just \"mean reversion candidates\". So I should pick the best opportunities regardless of direction.\n\nBut let me check the volatility for VIRI: 298% is high but not as suspicious as 4000%+ numbers. It's a French stock, maybe it's real.\n\nAlternative picks:\n- IWG_CFD.UK: -26.8% day, vol 154%\n- MCG_CFD.UK: -21.6% day, vol 260%\n- BTRW_CFD.UK: -24.5% day, vol 135%\n\nLet me rank them more systematically:\n\n**LONG candidates (oversold)**:\n1. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130% → Score 95\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193% → Score 92\n3. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170% → Score 90\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154% → Score 85\n5. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135% → Score 82\n6. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260% → Score 80\n\n**SHORT candidates (overbought)**:\n1. VIRI_CFD.FR: +32.3% day, +86% from MA200, vol 298% → Score 88\n2. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158% → Score 85\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84% → Score 70\n\nI need to pick exactly 5. The best mean-reversion setups are the most extreme moves. I should prioritize:\n\n1. AUTO_CFD.UK (LONG) - most extreme down\n2. PAGE_CFD.UK (LONG) - second most extreme down\n3. FUTR_CFD.UK (LONG) - third most extreme down\n4. VIRI_CFD.FR (SHORT) - most extreme up\n5. CRST_CFD.UK (SHORT) - second most extreme up\n\nThis gives me 3 longs and 2 shorts. That's balanced.\n\nBut wait, let me check the data quality note: \"snapshot_ok_prices_technicals_only\" for all. So the data is what it is. The extreme volatilities might be real for some stocks.\n\nLet me reconsider the suspicious volatilities:\n- PHP_CFD.UK: 6010% vol - reject\n- BOY_CFD.UK: 2835% vol - reject\n- EEFT_CFD.US: 4641% vol - reject\n- ABDN_CFD.UK: 5122% vol - reject\n- AMT_CFD.US: 3486% vol - reject\n- ALTR_CFD.PT: 2215% vol - reject\n\nThese are clearly data errors. I must reject them.\n\nFor VIRI_CFD.FR with 298% vol: This is high but plausible for a small French stock that moved 32% in a day. I'll keep it.\n\nFor MCG_CFD.UK with 260% vol: Also high but plausible given -21.6% move.\n\nFor FUTR_CFD.UK with 170% vol: Plausible.\n\nFor PAGE_CFD.UK with 193% vol: Plausible.\n\nFor AUTO_CFD.UK with 130% vol: Plausible.\n\nSo my final 5:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37% from MA200, vol 130% → Score 95\n   - Reason: Extreme -38.6% single-day selloff, -37% from ",
              "type": "reasoning.text",
              "index": 0,
              "format": "unknown"
            }
          ]
        },
        "logprobs": null,
        "finish_reason": "length",
        "native_finish_reason": "length"
      }
    ],
    "created": 1775219021,
    "provider": "DeepInfra",
    "system_fingerprint": null
  }
}

You are an Arena portfolio manager. You must follow the strategy rules strictly and output ONLY valid JSON. You are NOT allowed to invent prices/fundamentals/news/earnings. If a field is null/empty, treat it as unknown. Avoid overtrading: if changes are marginal, prefer HOLD. Do not churn.

{"task": "stage2_portfolio_management", "region": "EU", "strategy": {"key": "meanrev-v1", "name": "Two-Stage LLM Mean-Reversion (Arena v1)", "rules": {"max_positions": 10, "max_buys_per_run": 2, "avoid_overtrading": true, "max_sells_per_run": 2, "max_gross_leverage": 3.0, "fixed_position_size": 3000.0, "universe_symbols_eu": [], "universe_symbols_us": []}}, "portfolio_constraints": {"initial_equity": 10000.0, "max_positions": 10, "fixed_position_size": 3000.0, "max_gross_leverage": 3.0, "overtrading_rules": ["Max 2 SELL actions per run unless risk event forces more", "Max 2 BUY actions per run", "If no clear improvement vs current holdings, output HOLD for everything"]}, "current_portfolio": [{"symbol": "AML_CFD.UK", "qty": 82.14676889375684, "avg_price": 36.52, "last_price": 36.46, "unrealized_pnl": -4.9288061336255975, "opened_at": "2026-03-09T10:19:46.508085+00:00"}, {"symbol": "AUTO_CFD.UK", "qty": 6.2137531068765535, "avg_price": 482.8, "last_price": 482.8, "unrealized_pnl": 0.0, "opened_at": "2026-03-19T18:04:14.272849+00:00"}, {"symbol": "BTRW_CFD.UK", "qty": 0.0, "avg_price": 250.8, "last_price": 263.2, "unrealized_pnl": 0.0, "opened_at": "2026-03-23T18:04:09.108429+00:00"}, {"symbol": "BYIT_CFD.UK", "qty": 0.0, "avg_price": 292.6, "last_price": 292.6, "unrealized_pnl": 0.0, "opened_at": "2026-03-01T10:30:13.622938+00:00"}, {"symbol": "CBG_CFD.UK", "qty": 8.748396127376648, "avg_price": 342.92, "last_price": 342.92, "unrealized_pnl": 0.0, "opened_at": "2026-03-18T17:58:33.497657+00:00"}, {"symbol": "CRST_CFD.UK", "qty": 0.0, "avg_price": 118.83, "last_price": 118.83, "unrealized_pnl": 0.0, "opened_at": "2026-03-23T10:03:51.599067+00:00"}, {"symbol": "FUTR_CFD.UK", "qty": 10.55594651653765, "avg_price": 284.2, "last_price": 284.2, "unrealized_pnl": 0.0, "opened_at": "2026-03-12T10:21:39.078796+00:00"}, {"symbol": "ICG_CFD.UK", "qty": 0.0, "avg_price": 1700.0, "last_price": 1693.0, "unrealized_pnl": 0.0, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "IWG_CFD.UK", "qty": 0.0, "avg_price": 177.0, "last_price": 172.2, "unrealized_pnl": 0.0, "opened_at": "2026-03-19T18:04:14.272849+00:00"}, {"symbol": "LRE_CFD.UK", "qty": 5.208333333333333, "avg_price": 576.0, "last_price": 593.0, "unrealized_pnl": 88.54166666666666, "opened_at": "2026-03-20T10:26:40.341409+00:00"}, {"symbol": "LSS_CFD.FR", "qty": 0.0, "avg_price": 17.72, "last_price": 16.0, "unrealized_pnl": -291.19638826185087, "opened_at": "2026-02-16T09:30:55.514112+00:00"}, {"symbol": "MCG_CFD.UK", "qty": 172.51293847038528, "avg_price": 17.39, "last_price": 17.39, "unrealized_pnl": 0.0, "opened_at": "2026-04-02T10:01:24.938009+00:00"}, {"symbol": "MSLH_CFD.UK", "qty": 21.30681818181818, "avg_price": 140.8, "last_price": 140.8, "unrealized_pnl": 0.0, "opened_at": "2026-03-26T17:55:26.602359+00:00"}, {"symbol": "OCDO_CFD.UK", "qty": 14.684287812041115, "avg_price": 204.3, "last_price": 204.3, "unrealized_pnl": 0.0, "opened_at": "2026-03-12T18:01:52.554929+00:00"}, {"symbol": "PAGE_CFD.UK", "qty": 0.0, "avg_price": 132.9, "last_price": 132.9, "unrealized_pnl": 0.0, "opened_at": "2026-02-28T10:51:05.818250+00:00"}, {"symbol": "PSN_CFD.UK", "qty": 2.6455026455026456, "avg_price": 1134.0, "last_price": 1066.5, "unrealized_pnl": -178.57142857142858, "opened_at": "2026-03-12T18:01:52.554929+00:00"}, {"symbol": "SYNT_CFD.UK", "qty": 0.0, "avg_price": 34.9, "last_price": 45.0, "unrealized_pnl": 0.0, "opened_at": "2026-03-23T10:03:51.599067+00:00"}, {"symbol": "TRST_CFD.UK", "qty": 0.0, "avg_price": 151.8, "last_price": 173.4, "unrealized_pnl": 0.0, "opened_at": "2026-03-14T10:03:26.036362+00:00"}, {"symbol": "UTG_CFD.UK", "qty": 0.0, "avg_price": 505.0, "last_price": 461.2, "unrealized_pnl": 0.0, "opened_at": "2026-03-26T17:55:26.602359+00:00"}, {"symbol": "VTY_CFD.UK", "qty": 8.85608856088561, "avg_price": 338.75, "last_price": 336.5, "unrealized_pnl": -19.926199261992622, "opened_at": "2026-03-12T10:21:39.078796+00:00"}, {"symbol": "WIZZ_CFD.UK", "qty": 0.0, "avg_price": 872.0, "last_price": 976.5, "unrealized_pnl": 0.0, "opened_at": "2026-03-09T10:19:46.508085+00:00"}, {"symbol": "WPP_CFD.UK", "qty": 0.0, "avg_price": 253.97436099095557, "last_price": 262.8, "unrealized_pnl": 0.0, "opened_at": "2026-02-28T10:51:05.818250+00:00"}], "candidates": [], "output_schema": {"actions": {"sell": [{"symbol": "string", "reason": "string"}], "hold": [{"symbol": "string", "reason": "string"}], "buy": [{"symbol": "string", "position_size": "number (currency amount)", "reason": "string"}]}, "portfolio_rationale": "string"}}

{
  "actions": {
    "buy": [],
    "hold": [
      {
        "reason": "Minimal deviation (-0.16% from entry). Price near mean, no clear reversion signal. Avoid overtrading.",
        "symbol": "AML_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (482.8). No movement, no signal. Hold pending reversion cue.",
        "symbol": "AUTO_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (342.92). Flat position, no reversion needed.",
        "symbol": "CBG_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (284.2). No deviation from mean.",
        "symbol": "FUTR_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (17.39). Flat position, hold.",
        "symbol": "MCG_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (140.8). No movement, hold.",
        "symbol": "MSLH_CFD.UK"
      },
      {
        "reason": "Price exactly at entry (204.3). Flat, no signal.",
        "symbol": "OCDO_CFD.UK"
      },
      {
        "reason": "Down -5.95% (1066.5 vs 1134.0 avg). Mean reversion strategy expects bounce; selling would lock in loss. Hold for recovery.",
        "symbol": "PSN_CFD.UK"
      },
      {
        "reason": "Minor deviation (-0.66% from entry). Not significant enough to trigger action. Avoid churn.",
        "symbol": "VTY_CFD.UK"
      }
    ],
    "sell": [
      {
        "reason": "Mean reversion profit-taking: position up +2.95% from entry (593.0 vs 576.0 avg). Realizing gain to free slot within max positions constraint.",
        "symbol": "LRE_CFD.UK"
      }
    ]
  },
  "portfolio_rationale": "Portfolio at max capacity (10 positions). Executed single sell of LRE to capture +2.95% profit per mean reversion 'sell winners' logic, freeing one slot while respecting max 2 sells/run limit. All other positions held: flat positions show no signal; PSN's -5.95% loss is held for expected mean reversion bounce rather than locking in loss; minor losers (AML, VTY) below trading threshold. No buy actions taken - no candidate symbols provided and strategy avoids overtrading. Gross leverage remains within 3.0x limit."
}

{
  "raw": {
    "id": "gen-1775219021-DicboMvNiJ6NvHFbionj",
    "model": "moonshotai/kimi-k2-thinking-20251106",
    "usage": {
      "cost": 0.011949034,
      "is_byok": false,
      "cost_details": {
        "upstream_inference_cost": 0.011949034,
        "upstream_inference_prompt_cost": 0.003949034,
        "upstream_inference_completions_cost": 0.008
      },
      "total_tokens": 12447,
      "prompt_tokens": 8447,
      "completion_tokens": 4000,
      "prompt_tokens_details": {
        "audio_tokens": 0,
        "video_tokens": 0,
        "cached_tokens": 64,
        "cache_write_tokens": 0
      },
      "completion_tokens_details": {
        "audio_tokens": 0,
        "image_tokens": 0,
        "reasoning_tokens": 2854
      }
    },
    "object": "chat.completion",
    "choices": [
      {
        "index": 0,
        "message": {
          "role": "assistant",
          "content": null,
          "refusal": null,
          "reasoning": " The user wants me to act as an \"Arena strategy executor\" for a mean-reversion strategy. I need to:\n1. Analyze the provided universe of stocks (EU region)\n2. Select exactly 5 candidates for short-term mean-reversion trading (2-10 days)\n3. Score them 0-100 based on mean-reversion potential\n4. Provide short, concrete, indicator-based reasons\n5. List rejected stocks with common reasons\n6. Follow strict constraints: avoid earnings within 5 days, avoid binary events, avoid sector concentration (max 1 per sector unless justified)\n7. Output ONLY valid JSON, no narrative\n\nKey strategy: Mean-reversion looks for stocks that have moved too far from their mean and are likely to revert. Typically:\n- Large moves in one direction (overextended)\n- High volatility (creates opportunity)\n- Distance from moving averages (far from mean)\n- No upcoming events that could cause continued drift\n\nLet me analyze each stock:\n\n**CRST_CFD.UK**: +24.85% day, +17.8% from MA50, high vol 158%. Overextended to upside. Good short candidate for mean reversion down.\n\n**FUTR_CFD.UK**: -30.75% day, -45% from MA200, -32% from MA50, vol 170%. Massive down move, extremely oversold. Strong long candidate for bounce.\n\n**MSLH_CFD.UK**: +2.05% day, -18% from MA200, +4.5% from MA50, vol 102%. Moderate. Not as extreme.\n\n**BOY_CFD.UK**: -6.67% day, vol 2835% (extremely high!), distance from MA50 -3.9%. Very high volatility suggests potential but also risk. Missing MA200 data.\n\n**PHP_CFD.UK**: -14.86% day, -4.7% from MA200, -6.1% from MA50, vol 6010% (insane!). Extreme volatility, moderate distance from means. Could be a candidate but vol is suspiciously high.\n\n**SPX_CFD.UK**: +10.9% day, +15.9% from MA200, +8.5% from MA50, vol 84%. Up move, but not extreme enough maybe.\n\n**PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Massive selloff, extremely oversold. Top candidate.\n\n**ICG_CFD.UK**: -15.2% day, -16% from MA200, -12% from MA50, vol 73%. Decent down move but not as extreme as others.\n\n**JDW_CFD.UK**: +9.75% day, +6.2% from MA200, +5.3% from MA50, vol 98%. Moderate up move.\n\n**MCG_CFD.UK**: -21.6% day, -29% from MA200, -17% from MA50, vol 260%. Strong down move, high vol. Good candidate.\n\n**SHC_CFD.UK**: -2.9% day, +0.27% from MA200, -0.77% from MA50, vol 63%. Not significant move.\n\n**PAG_CFD.UK**: -3.4% day, -1.3% from MA200, +0.7% from MA50, vol 71%. Very minor move.\n\n**SAFE_CFD.UK**: +0.14% day, +7% from MA200, -2.5% from MA50, vol 108%. Not significant.\n\n**UTG_CFD.UK**: -8.3% day, -32% from MA200, -13.5% from MA50, vol 98%. Good down move.\n\n**DLN_CFD.UK**: +10.4% day, +5% from MA200, +12% from MA50, vol 115%. Up move.\n\n**DOM_CFD.UK**: -0.31% day, -15% from MA200, +1% from MA50, vol 87%. Minor move.\n\n**HWDN_CFD.UK**: -2.7% day, +2.9% from MA200, +0.68% from MA50, vol 44%. Low vol, minor move.\n\n**STJ_CFD.UK**: -14.8% day, +4.6% from MA200, -6.7% from MA50, vol 125%. Down move but above MA200.\n\n**BBY_CFD.UK**: +5.2% day, +33% from MA200, +8.8% from MA50, vol 54%. Up trend.\n\n**IEP_CFD.BE**: 0% day, +1% from MA200, +0.5% from MA50, vol 138%. No move.\n\n**IPO_CFD.UK**: -1.9% day, +10% from MA200, -2% from MA50, vol 89%. Minor.\n\n**CMCX_CFD.UK**: +6.5% day, +33.7% from MA200, +13.4% from MA50, vol 207%. Up move.\n\n**IWG_CFD.UK**: -26.8% day, -17.6% from MA200, -22% from MA50, vol 154%. Massive down move. Good candidate.\n\n**SRP_CFD.UK**: -0.4% day, +34% from MA200, +6.9% from MA50, vol 77%. Up trend.\n\n**VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move. Short candidate.\n\n**WKP_CFD.UK**: +3.7% day, +1.8% from MA200, +5.8% from MA50, vol 70%. Minor.\n\n**UKW_CFD.UK**: -0.05% day, -11% from MA200, -4.6% from MA50, vol 64%. Minor.\n\n**ATG_CFD.UK**: +12% day, -25% from MA200, +5.8% from MA50, vol 172%. Interesting - below MA200 but strong bounce.\n\n**BTRW_CFD.UK**: -24.5% day, -31.6% from MA200, -26.2% from MA50, vol 135%. Strong down move.\n\n**CO_CFD.FR**: +0.6% day, -54.6% from MA200, -22% from MA50, vol 159%. Very depressed.\n\n**HMSO_CFD.UK**: +14.1% day, +22.5% from MA200, +10% from MA50, vol 87%. Up move.\n\n**ADJ_CFD.DE**: +0.6% day, -13.8% from MA200, -5.8% from MA50, vol 294%. High vol but small move.\n\n**ITV_CFD.UK**: -8.3% day, -3.2% from MA200, -5% from MA50, vol 145%. Moderate.\n\n**DOCS_CFD.UK**: -3.7% day, -14.8% from MA200, -12.6% from MA50, vol 126%. Moderate.\n\n**AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. EXTREME down move. Top candidate.\n\n**EEFT_CFD.US**: +0.09% day, vol 4641% (insane!), no MA200. Suspicious data.\n\n**ABDN_CFD.UK**: +0.5% day, vol 5122% (insane!), no MA200. Suspicious.\n\n**ALTR_CFD.PT**: +0.65% day, vol 2215% (insane!). Suspicious.\n\n**KGF_CFD.UK**: -19.7% day, -1.6% from MA200, -11% from MA50, vol 108%. Good down move.\n\n**UBI_CFD.FR**: -2.5% day, -45.6% from MA200, -5.7% from MA50, vol 100%. Very depressed.\n\n**WTB_CFD.UK**: -2.5% day, -18.6% from MA200, -16.2% from MA50, vol 117%. Down trend.\n\n**AMCX_CFD.US**: +6.9% day, -5% from MA200, -4% from MA50, vol 95%. Minor bounce.\n\n**BP_CFD.UK**: 0% day, +34.9% from MA200, +19.4% from MA50, vol 57%. Up trend.\n\n**MNDI_CFD.UK**: -8.6% day, -13% from MA200, -3.5% from MA50, vol 114%. Moderate.\n\n**MSM_CFD.US**: +1% day, +3.5% from MA200, +0.6% from MA50, vol 67%. Minor.\n\n**AMT_CFD.US**: -1.7% day, vol 3486% (insane!), no MA200. Suspicious.\n\n**SBS_CFD.DE**: +4% day, -26.5% from MA200, -11.3% from MA50, vol 86%. Below MA200.\n\n**BRBY_CFD.UK**: +5.8% day, -7.4% from MA200, -2.8% from MA50, vol 136%. Below MA200.\n\n**HFG_CFD.DE**: -1.7% day, -40.7% from MA200, -19.4% from MA50, vol 118%. Very depressed.\n\n**Key candidates for LONG (oversold):**\n1. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170%\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193%\n3. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130%\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154%\n5. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260%\n6. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135%\n7. UTG_CFD.UK: -8.3% day, -32% from MA200, vol 98%\n\n**Key candidates for SHORT (overbought):**\n1. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158%\n2. VIRI_CFD.FR: +32.3% day, +86.9% from MA200, vol 298%\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84%\n4. DLN_CFD.UK: +10.4% day, +5% from MA200, vol 115%\n5. JDW_CFD.UK: +9.75% day, +6.2% from MA200, vol 98%\n\n**Stocks to reject due to suspicious data:**\n- EEFT_CFD.US: vol 4641%\n- ABDN_CFD.UK: vol 5122%\n- ALTR_CFD.PT: vol 2215%\n- AMT_CFD.US: vol 3486%\n- PHP_CFD.UK: vol 6010%\n- BOY_CFD.UK: vol 2835%\n\nThese volatility numbers are unrealistic and suggest data quality issues. Must reject.\n\n**Stocks to reject due to insufficient move:**\n- MSLH, PAG, SAFE, WKP, UKW, IPO, HWDN, SRP, IEP, SHC, MSM, AMCX, BP, MNDI, BRBY, etc.\n\n**Sector consideration**: All sectors are empty/unknown in data, so sector concentration constraint is effectively moot. I can select multiple from same \"unknown\" sector.\n\n**Earnings**: All have null earnings data, so no earnings avoidance needed.\n\n**Binary events**: No news headlines or sentiment data, so cannot assess. Assume unknown and proceed.\n\n**Selection logic**: For mean-reversion, I want the MOST extreme moves with decent volatility but not absurd/suspicious volatility.\n\n**Top 5 picks**:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. Most extreme down move with reasonable vol. **LONG candidate**.\n   - Score: 95 (extreme oversold, high probability of bounce)\n\n2. **PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Second most extreme down move. **LONG candidate**.\n   - Score: 92 (very oversold, high vol)\n\n3. **FUTR_CFD.UK**: -30.75% day, -45.2% from MA200, -32.3% from MA50, vol 170%. Third extreme down. **LONG candidate**.\n   - Score: 90 (extremely oversold, high vol)\n\n4. **CRST_CFD.UK**: +24.85% day, +17.8% from MA50, vol 158%. Strong up move, likely to revert down. **SHORT candidate**.\n   - Score: 88 (overbought spike)\n\n5. **VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move, but vol is very high. Still valid. **SHORT candidate**.\n   - Score: 85 (massively overextended)\n\nWait, I need exactly 5 candidates. Let me reconsider. The strategy is \"mean-reversion\" which can be both long and short. The instructions don't specify direction, just \"mean reversion candidates\". So I should pick the best opportunities regardless of direction.\n\nBut let me check the volatility for VIRI: 298% is high but not as suspicious as 4000%+ numbers. It's a French stock, maybe it's real.\n\nAlternative picks:\n- IWG_CFD.UK: -26.8% day, vol 154%\n- MCG_CFD.UK: -21.6% day, vol 260%\n- BTRW_CFD.UK: -24.5% day, vol 135%\n\nLet me rank them more systematically:\n\n**LONG candidates (oversold)**:\n1. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130% → Score 95\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193% → Score 92\n3. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170% → Score 90\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154% → Score 85\n5. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135% → Score 82\n6. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260% → Score 80\n\n**SHORT candidates (overbought)**:\n1. VIRI_CFD.FR: +32.3% day, +86% from MA200, vol 298% → Score 88\n2. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158% → Score 85\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84% → Score 70\n\nI need to pick exactly 5. The best mean-reversion setups are the most extreme moves. I should prioritize:\n\n1. AUTO_CFD.UK (LONG) - most extreme down\n2. PAGE_CFD.UK (LONG) - second most extreme down\n3. FUTR_CFD.UK (LONG) - third most extreme down\n4. VIRI_CFD.FR (SHORT) - most extreme up\n5. CRST_CFD.UK (SHORT) - second most extreme up\n\nThis gives me 3 longs and 2 shorts. That's balanced.\n\nBut wait, let me check the data quality note: \"snapshot_ok_prices_technicals_only\" for all. So the data is what it is. The extreme volatilities might be real for some stocks.\n\nLet me reconsider the suspicious volatilities:\n- PHP_CFD.UK: 6010% vol - reject\n- BOY_CFD.UK: 2835% vol - reject\n- EEFT_CFD.US: 4641% vol - reject\n- ABDN_CFD.UK: 5122% vol - reject\n- AMT_CFD.US: 3486% vol - reject\n- ALTR_CFD.PT: 2215% vol - reject\n\nThese are clearly data errors. I must reject them.\n\nFor VIRI_CFD.FR with 298% vol: This is high but plausible for a small French stock that moved 32% in a day. I'll keep it.\n\nFor MCG_CFD.UK with 260% vol: Also high but plausible given -21.6% move.\n\nFor FUTR_CFD.UK with 170% vol: Plausible.\n\nFor PAGE_CFD.UK with 193% vol: Plausible.\n\nFor AUTO_CFD.UK with 130% vol: Plausible.\n\nSo my final 5:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37% from MA200, vol 130% → Score 95\n   - Reason: Extreme -38.6% single-day selloff, -37% from ",
          "reasoning_details": [
            {
              "text": " The user wants me to act as an \"Arena strategy executor\" for a mean-reversion strategy. I need to:\n1. Analyze the provided universe of stocks (EU region)\n2. Select exactly 5 candidates for short-term mean-reversion trading (2-10 days)\n3. Score them 0-100 based on mean-reversion potential\n4. Provide short, concrete, indicator-based reasons\n5. List rejected stocks with common reasons\n6. Follow strict constraints: avoid earnings within 5 days, avoid binary events, avoid sector concentration (max 1 per sector unless justified)\n7. Output ONLY valid JSON, no narrative\n\nKey strategy: Mean-reversion looks for stocks that have moved too far from their mean and are likely to revert. Typically:\n- Large moves in one direction (overextended)\n- High volatility (creates opportunity)\n- Distance from moving averages (far from mean)\n- No upcoming events that could cause continued drift\n\nLet me analyze each stock:\n\n**CRST_CFD.UK**: +24.85% day, +17.8% from MA50, high vol 158%. Overextended to upside. Good short candidate for mean reversion down.\n\n**FUTR_CFD.UK**: -30.75% day, -45% from MA200, -32% from MA50, vol 170%. Massive down move, extremely oversold. Strong long candidate for bounce.\n\n**MSLH_CFD.UK**: +2.05% day, -18% from MA200, +4.5% from MA50, vol 102%. Moderate. Not as extreme.\n\n**BOY_CFD.UK**: -6.67% day, vol 2835% (extremely high!), distance from MA50 -3.9%. Very high volatility suggests potential but also risk. Missing MA200 data.\n\n**PHP_CFD.UK**: -14.86% day, -4.7% from MA200, -6.1% from MA50, vol 6010% (insane!). Extreme volatility, moderate distance from means. Could be a candidate but vol is suspiciously high.\n\n**SPX_CFD.UK**: +10.9% day, +15.9% from MA200, +8.5% from MA50, vol 84%. Up move, but not extreme enough maybe.\n\n**PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Massive selloff, extremely oversold. Top candidate.\n\n**ICG_CFD.UK**: -15.2% day, -16% from MA200, -12% from MA50, vol 73%. Decent down move but not as extreme as others.\n\n**JDW_CFD.UK**: +9.75% day, +6.2% from MA200, +5.3% from MA50, vol 98%. Moderate up move.\n\n**MCG_CFD.UK**: -21.6% day, -29% from MA200, -17% from MA50, vol 260%. Strong down move, high vol. Good candidate.\n\n**SHC_CFD.UK**: -2.9% day, +0.27% from MA200, -0.77% from MA50, vol 63%. Not significant move.\n\n**PAG_CFD.UK**: -3.4% day, -1.3% from MA200, +0.7% from MA50, vol 71%. Very minor move.\n\n**SAFE_CFD.UK**: +0.14% day, +7% from MA200, -2.5% from MA50, vol 108%. Not significant.\n\n**UTG_CFD.UK**: -8.3% day, -32% from MA200, -13.5% from MA50, vol 98%. Good down move.\n\n**DLN_CFD.UK**: +10.4% day, +5% from MA200, +12% from MA50, vol 115%. Up move.\n\n**DOM_CFD.UK**: -0.31% day, -15% from MA200, +1% from MA50, vol 87%. Minor move.\n\n**HWDN_CFD.UK**: -2.7% day, +2.9% from MA200, +0.68% from MA50, vol 44%. Low vol, minor move.\n\n**STJ_CFD.UK**: -14.8% day, +4.6% from MA200, -6.7% from MA50, vol 125%. Down move but above MA200.\n\n**BBY_CFD.UK**: +5.2% day, +33% from MA200, +8.8% from MA50, vol 54%. Up trend.\n\n**IEP_CFD.BE**: 0% day, +1% from MA200, +0.5% from MA50, vol 138%. No move.\n\n**IPO_CFD.UK**: -1.9% day, +10% from MA200, -2% from MA50, vol 89%. Minor.\n\n**CMCX_CFD.UK**: +6.5% day, +33.7% from MA200, +13.4% from MA50, vol 207%. Up move.\n\n**IWG_CFD.UK**: -26.8% day, -17.6% from MA200, -22% from MA50, vol 154%. Massive down move. Good candidate.\n\n**SRP_CFD.UK**: -0.4% day, +34% from MA200, +6.9% from MA50, vol 77%. Up trend.\n\n**VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move. Short candidate.\n\n**WKP_CFD.UK**: +3.7% day, +1.8% from MA200, +5.8% from MA50, vol 70%. Minor.\n\n**UKW_CFD.UK**: -0.05% day, -11% from MA200, -4.6% from MA50, vol 64%. Minor.\n\n**ATG_CFD.UK**: +12% day, -25% from MA200, +5.8% from MA50, vol 172%. Interesting - below MA200 but strong bounce.\n\n**BTRW_CFD.UK**: -24.5% day, -31.6% from MA200, -26.2% from MA50, vol 135%. Strong down move.\n\n**CO_CFD.FR**: +0.6% day, -54.6% from MA200, -22% from MA50, vol 159%. Very depressed.\n\n**HMSO_CFD.UK**: +14.1% day, +22.5% from MA200, +10% from MA50, vol 87%. Up move.\n\n**ADJ_CFD.DE**: +0.6% day, -13.8% from MA200, -5.8% from MA50, vol 294%. High vol but small move.\n\n**ITV_CFD.UK**: -8.3% day, -3.2% from MA200, -5% from MA50, vol 145%. Moderate.\n\n**DOCS_CFD.UK**: -3.7% day, -14.8% from MA200, -12.6% from MA50, vol 126%. Moderate.\n\n**AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. EXTREME down move. Top candidate.\n\n**EEFT_CFD.US**: +0.09% day, vol 4641% (insane!), no MA200. Suspicious data.\n\n**ABDN_CFD.UK**: +0.5% day, vol 5122% (insane!), no MA200. Suspicious.\n\n**ALTR_CFD.PT**: +0.65% day, vol 2215% (insane!). Suspicious.\n\n**KGF_CFD.UK**: -19.7% day, -1.6% from MA200, -11% from MA50, vol 108%. Good down move.\n\n**UBI_CFD.FR**: -2.5% day, -45.6% from MA200, -5.7% from MA50, vol 100%. Very depressed.\n\n**WTB_CFD.UK**: -2.5% day, -18.6% from MA200, -16.2% from MA50, vol 117%. Down trend.\n\n**AMCX_CFD.US**: +6.9% day, -5% from MA200, -4% from MA50, vol 95%. Minor bounce.\n\n**BP_CFD.UK**: 0% day, +34.9% from MA200, +19.4% from MA50, vol 57%. Up trend.\n\n**MNDI_CFD.UK**: -8.6% day, -13% from MA200, -3.5% from MA50, vol 114%. Moderate.\n\n**MSM_CFD.US**: +1% day, +3.5% from MA200, +0.6% from MA50, vol 67%. Minor.\n\n**AMT_CFD.US**: -1.7% day, vol 3486% (insane!), no MA200. Suspicious.\n\n**SBS_CFD.DE**: +4% day, -26.5% from MA200, -11.3% from MA50, vol 86%. Below MA200.\n\n**BRBY_CFD.UK**: +5.8% day, -7.4% from MA200, -2.8% from MA50, vol 136%. Below MA200.\n\n**HFG_CFD.DE**: -1.7% day, -40.7% from MA200, -19.4% from MA50, vol 118%. Very depressed.\n\n**Key candidates for LONG (oversold):**\n1. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170%\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193%\n3. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130%\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154%\n5. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260%\n6. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135%\n7. UTG_CFD.UK: -8.3% day, -32% from MA200, vol 98%\n\n**Key candidates for SHORT (overbought):**\n1. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158%\n2. VIRI_CFD.FR: +32.3% day, +86.9% from MA200, vol 298%\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84%\n4. DLN_CFD.UK: +10.4% day, +5% from MA200, vol 115%\n5. JDW_CFD.UK: +9.75% day, +6.2% from MA200, vol 98%\n\n**Stocks to reject due to suspicious data:**\n- EEFT_CFD.US: vol 4641%\n- ABDN_CFD.UK: vol 5122%\n- ALTR_CFD.PT: vol 2215%\n- AMT_CFD.US: vol 3486%\n- PHP_CFD.UK: vol 6010%\n- BOY_CFD.UK: vol 2835%\n\nThese volatility numbers are unrealistic and suggest data quality issues. Must reject.\n\n**Stocks to reject due to insufficient move:**\n- MSLH, PAG, SAFE, WKP, UKW, IPO, HWDN, SRP, IEP, SHC, MSM, AMCX, BP, MNDI, BRBY, etc.\n\n**Sector consideration**: All sectors are empty/unknown in data, so sector concentration constraint is effectively moot. I can select multiple from same \"unknown\" sector.\n\n**Earnings**: All have null earnings data, so no earnings avoidance needed.\n\n**Binary events**: No news headlines or sentiment data, so cannot assess. Assume unknown and proceed.\n\n**Selection logic**: For mean-reversion, I want the MOST extreme moves with decent volatility but not absurd/suspicious volatility.\n\n**Top 5 picks**:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37.4% from MA200, -31.9% from MA50, vol 130%. Most extreme down move with reasonable vol. **LONG candidate**.\n   - Score: 95 (extreme oversold, high probability of bounce)\n\n2. **PAGE_CFD.UK**: -36.8% day, -40.6% from MA200, -31.7% from MA50, vol 193%. Second most extreme down move. **LONG candidate**.\n   - Score: 92 (very oversold, high vol)\n\n3. **FUTR_CFD.UK**: -30.75% day, -45.2% from MA200, -32.3% from MA50, vol 170%. Third extreme down. **LONG candidate**.\n   - Score: 90 (extremely oversold, high vol)\n\n4. **CRST_CFD.UK**: +24.85% day, +17.8% from MA50, vol 158%. Strong up move, likely to revert down. **SHORT candidate**.\n   - Score: 88 (overbought spike)\n\n5. **VIRI_CFD.FR**: +32.3% day, +86.9% from MA200, +29% from MA50, vol 298%. Extreme up move, but vol is very high. Still valid. **SHORT candidate**.\n   - Score: 85 (massively overextended)\n\nWait, I need exactly 5 candidates. Let me reconsider. The strategy is \"mean-reversion\" which can be both long and short. The instructions don't specify direction, just \"mean reversion candidates\". So I should pick the best opportunities regardless of direction.\n\nBut let me check the volatility for VIRI: 298% is high but not as suspicious as 4000%+ numbers. It's a French stock, maybe it's real.\n\nAlternative picks:\n- IWG_CFD.UK: -26.8% day, vol 154%\n- MCG_CFD.UK: -21.6% day, vol 260%\n- BTRW_CFD.UK: -24.5% day, vol 135%\n\nLet me rank them more systematically:\n\n**LONG candidates (oversold)**:\n1. AUTO_CFD.UK: -38.6% day, -37% from MA200, vol 130% → Score 95\n2. PAGE_CFD.UK: -36.8% day, -40% from MA200, vol 193% → Score 92\n3. FUTR_CFD.UK: -30.75% day, -45% from MA200, vol 170% → Score 90\n4. IWG_CFD.UK: -26.8% day, -17.6% from MA200, vol 154% → Score 85\n5. BTRW_CFD.UK: -24.5% day, -31.6% from MA200, vol 135% → Score 82\n6. MCG_CFD.UK: -21.6% day, -29% from MA200, vol 260% → Score 80\n\n**SHORT candidates (overbought)**:\n1. VIRI_CFD.FR: +32.3% day, +86% from MA200, vol 298% → Score 88\n2. CRST_CFD.UK: +24.85% day, +17.8% from MA50, vol 158% → Score 85\n3. SPX_CFD.UK: +10.9% day, +15.9% from MA200, vol 84% → Score 70\n\nI need to pick exactly 5. The best mean-reversion setups are the most extreme moves. I should prioritize:\n\n1. AUTO_CFD.UK (LONG) - most extreme down\n2. PAGE_CFD.UK (LONG) - second most extreme down\n3. FUTR_CFD.UK (LONG) - third most extreme down\n4. VIRI_CFD.FR (SHORT) - most extreme up\n5. CRST_CFD.UK (SHORT) - second most extreme up\n\nThis gives me 3 longs and 2 shorts. That's balanced.\n\nBut wait, let me check the data quality note: \"snapshot_ok_prices_technicals_only\" for all. So the data is what it is. The extreme volatilities might be real for some stocks.\n\nLet me reconsider the suspicious volatilities:\n- PHP_CFD.UK: 6010% vol - reject\n- BOY_CFD.UK: 2835% vol - reject\n- EEFT_CFD.US: 4641% vol - reject\n- ABDN_CFD.UK: 5122% vol - reject\n- AMT_CFD.US: 3486% vol - reject\n- ALTR_CFD.PT: 2215% vol - reject\n\nThese are clearly data errors. I must reject them.\n\nFor VIRI_CFD.FR with 298% vol: This is high but plausible for a small French stock that moved 32% in a day. I'll keep it.\n\nFor MCG_CFD.UK with 260% vol: Also high but plausible given -21.6% move.\n\nFor FUTR_CFD.UK with 170% vol: Plausible.\n\nFor PAGE_CFD.UK with 193% vol: Plausible.\n\nFor AUTO_CFD.UK with 130% vol: Plausible.\n\nSo my final 5:\n\n1. **AUTO_CFD.UK**: -38.6% day, -37% from MA200, vol 130% → Score 95\n   - Reason: Extreme -38.6% single-day selloff, -37% from ",
              "type": "reasoning.text",
              "index": 0,
              "format": "unknown"
            }
          ]
        },
        "logprobs": null,
        "finish_reason": "length",
        "native_finish_reason": "length"
      }
    ],
    "created": 1775219021,
    "provider": "DeepInfra",
    "system_fingerprint": null
  }
}