IRWD
IRWD
$3.60 · scored 13:40 · fresh
Decision brief
BULLISH · 48/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 48/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Strongly bullish, thinly evidenced.
−100 bearish0bullish +100
+50.5 composite
Evidence
48 / 100 · top 53% today
135 contracts · quality 48 · stability 0.00
hasn’t paid −0.05% · n=77,942
What traded today · weight 62%
+32.6 pts
103 calls · 76.3%32 puts
bias +52.6 × 0.62
What’s on the books · weight 38%
+17.9 pts
6,742 call OI · 73.5%2,427 put OI
bias +47.1 × 0.38
Equals
+50.5
65% of the score comes from today’s volume, 35% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring IRWD 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 48 (47th pct) · quality 48 · 135 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paidstrongly bullish · call-heavy · low liquidity → −0.05% avg, n=77,942
noteToo few of our calls checked0 closed calls on IRWD
04
Where the positions sit
calls tradedstrikeputs traded
Spot $3.60 highlighted. The $5 strike holds the most open interest (the “wall”, 4,813). Near-dated expiry in the mix, so OI is noisier.
05Our record on IRWD
Proof We haven’t checked a call on IRWD 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 —
IRWD
Strongly bullish, thinly evidenced.
−100 bearish0bullish +100
+50.5evidence 48
hasn’t paid −0.05% · n=77,942
Why it’s +50
+32.6 volume · 76% calls+17.9 OI · 74% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 48 (47th pct) · quality 48 · 135 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paid
strongly bullish · call-heavy · low liquidity → −0.05% avg, n=77,942
noteToo few of our calls checked
0 closed calls on IRWD
What traded today · 62%
+32.6 pts
103 calls · 32 puts · bias +52.6
What’s on the books · 38%
+17.9 pts
6,742 call OI · 2,427 put OI · bias +47.1
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bearishcomposite · 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 IRWD
Not enough tape history on IRWD for a weekly brief yet. Ask anything below.