CNMD
CNMD
$45.55 · +0.00% vs $45.55 close · scored 14:44 · stale
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
+36.8 composite
Evidence
48 / 100 · top 53% today
45 contracts · quality 72 · stability 0.00
hasn’t paid −0.05% · n=77,942
What traded today · weight 62%
+9.6 pts
26 calls · 57.8%19 puts
bias +15.6 × 0.62
What’s on the books · weight 38%
+27.2 pts
1,060 call OI · 85.8%176 put OI
bias +71.5 × 0.38
Equals
+36.8
26% of the score comes from today’s volume, 74% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring CNMD 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 72 · 45 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 0
againstThis kind of read hasn’t paidstrongly bullish · call-heavy · low liquidity → −0.05% avg, n=77,942
noteToo few of our calls checked1 closed call on CNMD
04
Where the positions sit
calls tradedstrikeputs traded
Spot $45.55 highlighted. The $50 strike holds the most open interest (the “wall”, 685). Near-dated expiry in the mix, so OI is noisier.
05Our record on CNMD
Proof
14 Oct · 4h
$45.55 → $45.55
+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; 1 of these 1 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 —
CNMD
Strongly bullish, thinly evidenced.
−100 bearish0bullish +100
+36.8evidence 48
hasn’t paid −0.05% · n=77,942
Why it’s +37
+9.6 volume · 58% calls+27.2 OI · 86% 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 72 · 45 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 0
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
1 closed call on CNMD
What traded today · 62%
+9.6 pts
26 calls · 19 puts · bias +15.6
What’s on the books · 38%
+27.2 pts
1,060 call OI · 176 put OI · bias +71.5
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
14 Oct · 4h
$45.55 → $45.55
+0.00%flat
The read flips to bearishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $50 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about CNMD
Not enough tape history on CNMD for a weekly brief yet. Ask anything below.