CPS CPS
$20.68 · scored 08:00 · fresh
Decision brief
NEUTRAL · 40/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 40/100
For the read
options volume favours calls
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Neutral, thinly evidenced .
−100 bearish 0 bullish +100
+4.3 composite
Evidence
40 / 100 · top 76% today
349 contracts · quality 60 · stability 0.00
neutral · −0.98% · n=1,515
What traded today · weight 62%
+23.3 pts
240 calls · 68.8% 109 puts
bias +37.5 × 0.62
What’s on the books · weight 38%
−19.0 pts
2 call OI · 25.0% 6 put OI
bias −50.0 × 0.38
Equals
+4.3
55% of the score comes from today’s volume, 45% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring CPS 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? against Thin evidence confidence 40 (24th pct) · quality 60 · 349 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
note Neutral reads make no call neutral · call-heavy · low liquidity → −0.98% avg, n=1,515
note Too few of our calls checked 0 closed calls on CPS
04
Where the positions sit calls traded strike puts traded
Spot $20.68 highlighted. The $60 strike holds the most open interest (the “wall”, 6). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on CPS 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 —
CPS
Neutral, thinly evidenced .
−100 bearish 0 bullish +100
+4.3 evidence
neutral · −0.98% · n=1,515
Why it’s +4
+23.3 volume · 69% calls−19.0 OI · 25% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 40 (24th pct) · quality 60 · 349 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
note Neutral reads make no call neutral · call-heavy · low liquidity → −0.98% avg, n=1,515
note Too few of our calls checked 0 closed calls on CPS
What traded today · 62%
+23.3 pts
240 calls · 109 puts · bias +37.5
What’s on the books · 38%
−19.0 pts
2 call OI · 6 put OI · bias −50.0
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $60 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about CPS
Not enough tape history on CPS for a weekly brief yet. Ask anything below.
Why is our CPS record what it is? What’s the $60 wall?