ALGN ALGN
$142.47 · scored 08:23 · fresh
Decision brief
NEUTRAL · 61/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 61/100
For the read
No strong confirming evidence isolated.
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+11.8 composite
Evidence
61 / 100 · top 28% today
3,576 contracts · quality 78 · stability 0.00
hasn’t paid −0.12% · n=8,670
What traded today · weight 62%
+6.0 pts
1,960 calls · 54.8% 1,616 puts
bias +9.6 × 0.62
What’s on the books · weight 38%
+5.8 pts
22,100 call OI · 57.6% 16,240 put OI
bias +15.3 × 0.38
Equals
+11.8
51% of the score comes from today’s volume, 49% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring ALGN 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? note Some evidence, not a lot confidence 61 (72th pct) · quality 78 · 3,576 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.12% avg, n=8,670
note Too few of our calls checked 0 closed calls on ALGN
04
Where the positions sit calls traded strike puts traded
Spot $142.47 highlighted. The $165 strike holds the most open interest (the “wall”, 5,386). Near-dated expiry in the mix, so OI is noisier.
05 Our record on ALGN Proof We haven’t checked a call on ALGN 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 —
ALGN
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+11.8 evidence
hasn’t paid −0.12% · n=8,670
Why it’s +12
+6.0 volume · 55% calls+5.8 OI · 58% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
note Some evidence, not a lot confidence 61 (72th pct) · quality 78 · 3,576 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.12% avg, n=8,670
note Too few of our calls checked 0 closed calls on ALGN
What traded today · 62%
+6.0 pts
1,960 calls · 1,616 puts · bias +9.6
What’s on the books · 38%
+5.8 pts
22,100 call OI · 16,240 put OI · bias +15.3
— 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 $165 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about ALGN
Not enough tape history on ALGN for a weekly brief yet. Ask anything below.
Why is our ALGN record what it is? What’s the $165 wall?