ARDX ARDX
$3.19 · scored 07:59 · fresh
Decision brief
BEARISH · 61/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite rises above -15 · confidence deteriorates materially from 61/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Strongly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−81.4 composite
Evidence
61 / 100 · top 22% today
10,990 contracts · quality 71 · stability 0.00
has paid −0.38% · n=3,027
What traded today · weight 62%
−53.9 pts
717 calls · 6.5% 10,273 puts
bias −87.0 × 0.62
What’s on the books · weight 38%
−27.5 pts
99 call OI · 13.8% 617 put OI
bias −72.3 × 0.38
Equals
−81.4
66% of the score comes from today’s volume, 34% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring ARDX 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 (78th pct) · quality 71 · 10,990 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 26
pass This kind of read has paid strongly bearish · put-heavy · mid liquidity → −0.38% avg, n=3,027
note Too few of our calls checked 0 closed calls on ARDX
04
Where the positions sit calls traded strike puts traded
Spot $3.19 highlighted. The $10 strike holds the most open interest (the “wall”, 598). Near-dated expiry in the mix, so OI is noisier.
05 Our record on ARDX Proof We haven’t checked a call on ARDX 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 —
ARDX
Strongly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−81.4 evidence
has paid −0.38% · n=3,027
Why it’s −81
−53.9 volume · 7% calls−27.5 OI · 14% 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 (78th pct) · quality 71 · 10,990 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 26
note Too few of our calls checked 0 closed calls on ARDX
What traded today · 62%
−53.9 pts
717 calls · 10,273 puts · bias −87.0
What’s on the books · 38%
−27.5 pts
99 call OI · 617 put OI · bias −72.3
— 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 $10 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about ARDX
Not enough tape history on ARDX for a weekly brief yet. Ask anything below.
Why is our ARDX record what it is? What’s the $10 wall?