BMY Bristol-Myers Squibb Co
$59.58 · +0.00% vs $59.58 close · scored 12:19 · stale
Decision brief
NEUTRAL · 70/100
What changed
Composite strengthened 45.4 points.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 70/100
For the read
signal has been stable · evidence confidence is high
Against / uncertainty
open interest leans against the read
The read
Neutral, well evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
+5.7 composite┆ −39.8 yesterday (+45.4) +8.1 vs a week ago
Evidence
70 / 100 · top 14% today
15,089 contracts · quality 90 · stability 0.83
neutral · −0.51% · n=4,671
What traded today · weight 62%
−1.8 pts
7,329 calls · 48.6% 7,760 puts
bias −2.9 × 0.62
What’s on the books · weight 38%
+7.4 pts
74,457 call OI · 59.8% 50,082 put OI
bias +19.6 × 0.38
Equals
+5.7
19% of the score comes from today’s volume, 81% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −7.45% · tape +25.7 · corr -0.07
▼ low −22.7 ● peak +36 ◆ +38.4 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $68 $60 Plain English: Over 30 days, price has fallen 7.45% while the tape has firmed 25.7 points. The two are drifting apart.
03
Should you trust it? pass Plenty behind it confidence 70 (86th pct) · quality 90 · 15,089 contracts
pass Stable 0.83 vs 7-day rolling · choppiness 66
note Neutral reads make no call neutral · balanced · mid liquidity → −0.51% avg, n=4,671
pass Tape has led price tape has led BMY’s price by 2 days (r=-0.16, n=45)
against Our record on BMY is poor 16% hit rate on 409 closed calls · payoff 0.57×
04
Where the positions sit calls traded strike puts traded
Spot $59.58 highlighted. The $62 strike holds the most open interest (the “wall”, 20,798). Near-dated expiry in the mix, so OI is noisier.
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+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; 189 of these 409 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Mixed Next report —
P/E 13.05 · fwd 9.34 Beta 0.183
52w $42.52–$68.64 IV rank —
Ask about BMY answers from FlowDesk data only
You
Why did the score rise from −2 to +6 this week?
FlowDesk
It was mostly one day. The composite was −2.5 on 2 Oct, then rose to +36.0 on 3 Oct as the price moved from $61.46 to $61.15. It’s at +5.7 now.−1.8 from volume and +7.4 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 46 pts stock_scores · 12:19 method · 62/38
Compare with MRK Why is our BMY record what it is? What’s the $62 wall?
What our data projects
+0.21 points vs the market, next 5 trading days
#162 of 635 · helped by quality, confidence, price momentum (5 days). Not trusted yet: context, not a call.
How Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $62 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Bristol-Myers Squibb Co · Pharmaceuticals
Neutral, well evidenced . The tape has led price here.
−100 bearish 0 bullish +100
+5.7 ┆ −39.8 yday evidence
neutral · −0.51% · n=4,671
Why it’s +6
−1.8 volume · 49% calls+7.4 OI · 60% calls
14 days · tape bars, price line
◆ +38.4 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $68 $60 Price −7.45%, tape +25.7 over 30 days. The two are drifting apart.
Should you trust it?
pass Plenty behind it confidence 70 (86th pct) · quality 90 · 15,089 contracts
pass Stable 0.83 vs 7-day rolling · choppiness 66
note Neutral reads make no call neutral · balanced · mid liquidity → −0.51% avg, n=4,671
against Our record on BMY is poor 16% hit rate on 409 closed calls · payoff 0.57×
What traded today · 62%
−1.8 pts
7,329 calls · 7,760 puts · bias −2.9
What’s on the books · 38%
+7.4 pts
74,457 call OI · 50,082 put OI · bias +19.6
— price ◆ big one-day moves 30d: price −7.45% · tape +25.7 · corr -0.07
▼ low −22.7 ● peak +36 ◆ +38.4 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $68 $60 Over 30 days, price has fallen 7.45% while the tape has firmed 25.7 points. The two are drifting apart.
16% hit rate · 409 closed
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
9 Oct · 4h
$59.58 → $59.58
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $62 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about BMY
Why did the score rise from −2 to +6 this week?
It was mostly one day. The composite was −2.5 on 2 Oct, then rose to +36.0 on 3 Oct as the price moved from $61.46 to $61.15. It’s at +5.7 now.−1.8 from volume and +7.4 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 46 pts stock_scores · 12:19 method · 62/38
Compare with MRK Why is our BMY record what it is? What’s the $62 wall?