ELAN
ELAN
$22.69 · +0.00% vs $22.69 close · scored 02:41 · stale
Decision brief
BULLISH · 44/100
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 44/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
signal stability is low · evidence confidence is weak
The read
Strongly bullish, thinly evidenced.
−100 bearish0bullish +100
+60.5 composite
Evidence
44 / 100 · top 68% today
13 contracts · quality 46 · stability 0.00
has paid +0.51% · n=44,944
What traded today · weight 62%
+42.9 pts
11 calls · 84.6%2 puts
bias +69.2 × 0.62
What’s on the books · weight 38%
+17.6 pts
394 call OI · 73.1%145 put OI
bias +46.2 × 0.38
Equals
+60.5
71% of the score comes from today’s volume, 29% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring ELAN 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 44 (32th pct) · quality 46 · 13 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 0
passThis kind of read has paidstrongly bullish · call-heavy · low liquidity → +0.51% avg, n=44,944
noteToo few of our calls checked1 closed call on ELAN
04
Where the positions sit
calls tradedstrikeputs traded
Spot $22.69 highlighted. The $25 strike holds the most open interest (the “wall”, 239).
05Our record on ELAN
Proof
23 Oct · 4h
$22.69 → $22.69
+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 —
ELAN
Strongly bullish, thinly evidenced.
−100 bearish0bullish +100
+60.5evidence 44
has paid +0.51% · n=44,944
Why it’s +60
+42.9 volume · 85% calls+17.6 OI · 73% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 44 (32th pct) · quality 46 · 13 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 0
noteToo few of our calls checked
1 closed call on ELAN
What traded today · 62%
+42.9 pts
11 calls · 2 puts · bias +69.2
What’s on the books · 38%
+17.6 pts
394 call OI · 145 put OI · bias +46.2
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
23 Oct · 4h
$22.69 → $22.69
+0.00%flat
The read flips to bearishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $25 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about ELAN
Not enough tape history on ELAN for a weekly brief yet. Ask anything below.