BDN
BDN
$2.75 · scored 08:39 · fresh
Decision brief
BEARISH · 39/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite rises above -15 · confidence deteriorates materially from 39/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Strongly bearish, thinly evidenced.
−100 bearish0bullish +100
−39.8 composite
Evidence
39 / 100 · top 88% today
353 contracts · quality 48 · stability 0.00
has paid −0.20% · n=60,767
What traded today · weight 62%
−43.4 pts
53 calls · 15.0%300 puts
bias −70.0 × 0.62
What’s on the books · weight 38%
+3.6 pts
63 call OI · 54.8%52 put OI
bias +9.6 × 0.38
Equals
−39.8
92% of the score comes from today’s volume, 8% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring BDN today.
There’s one reading so far. The 14-day chart fills in as the hourly tape arrives. Nothing here is back-filled or guessed.
03
Should you trust it?
againstThin evidenceconfidence 39 (12th pct) · quality 48 · 353 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 80
passThis kind of read has paidstrongly bearish · put-heavy · low liquidity → −0.20% avg, n=60,767
noteToo few of our calls checked0 closed calls on BDN
04
Where the positions sit
calls tradedstrikeputs traded
Spot $2.75 highlighted. The $5 strike holds the most open interest (the “wall”, 109). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on BDN yet. Each read is checked 4 hours, 1 day and 3 days after it’s made.
06
Catalysts & context
EPS surprise · last 4 quarters
No reported quarters stored yet.
Street —Next report —
P/E —Beta —
52w —IV rank —
Research · never used to score
Tape transformer forecasts live on their own page and have not earned a place in the read. Not enough closed-trade evidence to trust on their own.
BDN
Strongly bearish, thinly evidenced.
−100 bearish0bullish +100
−39.8evidence 39
has paid −0.20% · n=60,767
Why it’s −40
−43.4 volume · 15% calls+3.6 OI · 55% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 39 (12th pct) · quality 48 · 353 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 80
noteToo few of our calls checked
0 closed calls on BDN
What traded today · 62%
−43.4 pts
53 calls · 300 puts · bias −70.0
What’s on the books · 38%
+3.6 pts
63 call OI · 52 put OI · bias +9.6
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $5 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about BDN
Not enough tape history on BDN for a weekly brief yet. Ask anything below.