FBRT FBRT
$6.17 · scored 08:24 · fresh
Decision brief
NEUTRAL · 32/100
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 32/100
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
−4.2 composite
Evidence
32 / 100 · top 92% today
15 contracts · quality 71 · stability 0.00
neutral · +1.14% · n=3,439
What traded today · weight 62%
−20.7 pts
5 calls · 33.3% 10 puts
bias −33.3 × 0.62
What’s on the books · weight 38%
+16.4 pts
449 call OI · 71.6% 178 put OI
bias +43.2 × 0.38
Equals
−4.2
56% of the score comes from today’s volume, 44% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring FBRT 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 32 (8th pct) · quality 71 · 15 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
note Neutral reads make no call neutral · put-heavy · low liquidity → +1.14% avg, n=3,439
note Too few of our calls checked 0 closed calls on FBRT
04
Where the positions sit calls traded strike puts traded
Spot $6.17 highlighted. The $8 strike holds the most open interest (the “wall”, 186). Near-dated expiry in the mix, so OI is noisier.
05 Our record on FBRT Proof We haven’t checked a call on FBRT 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 —
FBRT
Neutral, thinly evidenced .
−100 bearish 0 bullish +100
−4.2 evidence
neutral · +1.14% · n=3,439
Why it’s −4
−20.7 volume · 33% calls+16.4 OI · 72% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 32 (8th pct) · quality 71 · 15 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
note Neutral reads make no call neutral · put-heavy · low liquidity → +1.14% avg, n=3,439
note Too few of our calls checked 0 closed calls on FBRT
What traded today · 62%
−20.7 pts
5 calls · 10 puts · bias −33.3
What’s on the books · 38%
+16.4 pts
449 call OI · 178 put OI · bias +43.2
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $8 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about FBRT
Not enough tape history on FBRT for a weekly brief yet. Ask anything below.
Why is our FBRT record what it is? What’s the $8 wall?