EGHT EGHT
$2.12 · scored 01:48 · stale
Decision brief
NEUTRAL · 42/100
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 42/100
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
Neutral, thinly evidenced .
−100 bearish 0 bullish +100
−2.6 composite
Evidence
42 / 100 · top 74% today
353 contracts · quality 54 · stability 0.00
neutral · +1.28% · n=3,062
What traded today · weight 62%
−14.2 pts
136 calls · 38.5% 217 puts
bias −22.9 × 0.62
What’s on the books · weight 38%
+11.6 pts
2,252 call OI · 65.3% 1,197 put OI
bias +30.6 × 0.38
Equals
−2.6
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 EGHT 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 42 (26th pct) · quality 54 · 353 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
note Neutral reads make no call neutral · put-heavy · low liquidity → +1.28% avg, n=3,062
note Too few of our calls checked 1 closed call on EGHT
04
Where the positions sit calls traded strike puts traded
Spot $2.12 highlighted. The $2 strike holds the most open interest (the “wall”, 1,113).
05 Our record on EGHT Proof 21 Oct · 4h
$2.12 → $2.12
+0.00% flat
One rule everywhere: a move of 0.05% or less is flat , and flat is not a hit. That is the same rule Proof uses; 1 of these 1 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
No reported quarters stored yet.
Street — Next report —
P/E — Beta —
52w — IV rank —
EGHT
Neutral, thinly evidenced .
−100 bearish 0 bullish +100
−2.6 evidence
neutral · +1.28% · n=3,062
Why it’s −3
−14.2 volume · 39% calls+11.6 OI · 65% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 42 (26th pct) · quality 54 · 353 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
note Neutral reads make no call neutral · put-heavy · low liquidity → +1.28% avg, n=3,062
note Too few of our calls checked 1 closed call on EGHT
What traded today · 62%
−14.2 pts
136 calls · 217 puts · bias −22.9
What’s on the books · 38%
+11.6 pts
2,252 call OI · 1,197 put OI · bias +30.6
— price ◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
21 Oct · 4h
$2.12 → $2.12
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $2 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about EGHT
Not enough tape history on EGHT for a weekly brief yet. Ask anything below.
Why is our EGHT record what it is? What’s the $2 wall?