Thesis confirmed by the resolution source. The Federal Register shows zero executive orders with signing dates in the Jun 28 – Jul 4 window — the most recent EOs are 14412/14413 (signed Jun 22) and 14414 (signed Jun 25). The only in-window presidential documents published are two proclamations: the Jun 29 Morocco phosphate-fertilizer emergency and the Jul 3 Independence 250th anniversary. The Jun 29 “Signs Executive Orders” video was mislabeled (proclamation + memorandum), exactly as the original rationale flagged.
Why hold and not take the 99¢: the window ended 9 days ago and observed publication lag is 3–5 days, so a late-published in-window EO burst (3+ needed) is a ~1% tail. Capital-free would normally mean exit, but the market expires in 5 days (Jul 18) with an early-close clause once complete Federal Register data is available — the last cent resolves faster than freed capital could be redeployed. Liquidity is fine either way: ~115k contracts bid at 99¢ NO.