CM30 minus CM90. NEGATIVE IS CONTANGO - the normal upward-sloping curve, where longer-dated vol is dearer. POSITIVE IS BACKWARDATION: the near term is bid above the far, which is what stress looks like. Measured across the Core 40, 40.9% of symbol-days are backwardated, so this is not a rare state and a flag keyed to it alone would fire constantly.
39 of 39 with a reading on or before 2026-09-23. Each row is that name against its own history — core.metric_context(), one query for all of them — not a rank among them.
2025-09-25244 obs2026-09-23
| +4.6 pts |
| 72.1% | 72.1% | 58.0% | 0.92 |
| 244 |
| XLF | -0.2 pts | 68.4% | 68.4% | 47.0% | 0.58 | 244 |
| META | -0.9 pts | 64.1% | 64.1% | 45.9% | 0.67 | 244 |
| MU | +2.2 pts | 61.5% | 61.5% | 54.9% | 0.17 | 244 |
| XLU | -0.5 pts | 50.6% | 50.6% | 56.9% | 0.00 | 244 |
| GOOG | -3.1 pts | 50.2% | 50.2% | 35.4% | 0.00 | 244 |
| XLV | -0.5 pts | 46.1% | 46.1% | 57.1% | -0.11 | 244 |
| STX | -1.0 pts | 42.2% | 42.2% | 33.6% | -0.24 | 244 |
| XOM | -0.3 pts | 40.2% | 40.2% | 36.5% | -0.25 | 244 |
| CRSR | -3.4 pts | 39.3% | 39.3% | 40.0% | -0.28 | 242 |
| XLY | -1.3 pts | 37.5% | 37.5% | 46.2% | -0.34 | 244 |
| WDC | -1.9 pts | 36.9% | 36.9% | 34.3% | -0.35 | 244 |
| MRVL | -1.7 pts | 35.2% | 35.2% | 27.7% | -0.22 | 244 |
| SNDK | -2.3 pts | 35.0% | 35.0% | 19.1% | -0.31 | 244 |
| CAT | -3.2 pts | 32.6% | 32.6% | 23.7% | -0.34 | 244 |
| MSFT | -3.9 pts | 32.6% | 32.6% | 18.2% | -0.39 | 244 |
| XLE | -0.5 pts | 28.7% | 28.7% | 31.6% | -0.58 | 244 |
| PANW | -4.0 pts | 27.3% | 27.3% | 19.7% | -0.57 | 244 |
| IWM | -1.3 pts | 25.0% | 25.0% | 26.4% | -0.59 | 244 |
| DIA | -1.4 pts | 24.6% | 24.6% | 31.5% | -0.67 | 244 |
| SPY | -1.8 pts | 24.4% | 24.4% | 22.6% | -0.56 | 244 |
| DE | -2.7 pts | 23.6% | 23.6% | 27.3% | -0.47 | 244 |
| PLTR | -7.4 pts | 23.2% | 23.2% | 21.2% | -0.54 | 244 |
| SPCX | -3.8 pts | 21.7% | 21.7% | 8.4% | -0.51 | 69 |
| AAPL | -2.5 pts | 20.1% | 20.1% | 30.1% | -0.51 | 244 |
| AVGO | -4.3 pts | 19.5% | 19.5% | 23.6% | -0.50 | 244 |
| AMD | -4.5 pts | 19.3% | 19.3% | 17.9% | -0.67 | 244 |
| AMZN | -5.8 pts | 16.8% | 16.8% | 14.0% | -0.62 | 244 |
| XLP | -1.1 pts | 15.8% | 15.8% | 34.0% | -0.94 | 244 |
| SMH | -2.5 pts | 15.4% | 15.4% | 30.5% | -1.26 | 244 |
| NVDA | -5.1 pts | 14.8% | 14.8% | 27.1% | -0.69 | 244 |
| CRWD | -5.2 pts | 13.1% | 13.1% | 19.1% | -0.72 | 244 |
| SOXX | -3.0 pts | 9.0% | 9.0% | 34.9% | -1.41 | 244 |
| DELL | -5.7 pts | 7.6% | 7.6% | 10.4% | -0.82 | 244 |
| QQQ | -2.7 pts | 7.4% | 7.4% | 14.3% | -1.52 | 244 |
| ORCL | -6.9 pts | 4.7% | 4.7% | 10.0% | -0.85 | 244 |
| XLK | -3.5 pts | 3.9% | 3.9% | 13.0% | -1.66 | 244 |
| XLI | -2.4 pts | 2.5% | 2.5% | 12.9% | -1.52 | 244 |