CMC CMC
$61.19 · scored 16:10 · stale
The read
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−39.9 composite┆ +44.3 yesterday (−84.1)
Evidence
38 / 100 · top 87% today
100 contracts · quality 59 · stability 0.00
has paid −0.16% · n=57,763
What traded today · weight 62%
−62.0 pts
0 calls · 0.0% 100 puts
bias −100.0 × 0.62
What’s on the books · weight 38%
+22.2 pts
3,412 call OI · 79.1% 899 put OI
bias +58.3 × 0.38
Equals
−39.9
74% of the score comes from today’s volume, 26% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring CMC 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 38 (13th pct) · quality 59 · 100 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
pass This kind of read has paid strongly bearish · put-heavy · low liquidity → −0.16% avg, n=57,763
note Too few of our calls checked 2 closed calls on CMC
04
Where the positions sit No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
Spot $61.19. The $70 strike holds the most open interest (the “wall”, 1,327). Near-dated expiry in the mix, so OI is noisier.
1 Oct · 4h
$61.19 → $61.19
+0.00% flat
1 Oct · 4h
$62.10 → $62.10
+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; 2 of these 2 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
No reported quarters stored yet.
Street — Next report —
P/E — Beta —
52w — IV rank —
Research · never used to score
Tape transformer forecasts live on their own page and have not earned a place in the read. Not enough closed-trade evidence to trust on their own.
CMC
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−39.9 ┆ +44.3 yday evidence
has paid −0.16% · n=57,763
Why it’s −40
−62.0 volume · 0% calls+22.2 OI · 79% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 38 (13th pct) · quality 59 · 100 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
note Too few of our calls checked 2 closed calls on CMC
What traded today · 62%
−62.0 pts
0 calls · 100 puts · bias −100.0
What’s on the books · 38%
+22.2 pts
3,412 call OI · 899 put OI · bias +58.3
— price ◆ big one-day moves
Not enough tape history to draw this yet.
No per-strike chain is stored for this name yet, so we can’t show where the positions sit. The totals above still come from today’s chain.
0% hit rate · 2 closed
1 Oct · 4h
$61.19 → $61.19
+0.00% flat
1 Oct · 4h
$62.10 → $62.10
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $70 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about CMC
Not enough tape history on CMC for a weekly brief yet. Ask anything below.
Why is our CMC record what it is? What’s the $70 wall?