ELME
ELME
$1.75 · scored 10:40 · fresh
Decision brief
BEARISH · 49/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite rises above -15 · confidence deteriorates materially from 49/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−17.2 composite
Evidence
49 / 100 · top 71% today
779 contracts · quality 46 · stability 0.00
hasn’t paid +0.32% · n=118
What traded today · weight 62%
+20.6 pts
519 calls · 66.6%260 puts
bias +33.2 × 0.62
What’s on the books · weight 38%
−37.9 pts
2 call OI · 0.2%1,050 put OI
bias −99.6 × 0.38
Equals
−17.2
35% of the score comes from today’s volume, 65% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring ELME 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 49 (29th pct) · quality 46 · 779 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paidmildly bearish · call-heavy · low liquidity → +0.32% avg, n=118
noteToo few of our calls checked0 closed calls on ELME
04
Where the positions sit
calls tradedstrikeputs traded
Spot $1.75 highlighted. The $2 strike holds the most open interest (the “wall”, 720). Near-dated expiry in the mix, so OI is noisier.
05Our record on ELME
Proof We haven’t checked a call on ELME 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 —
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.
ELME
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−17.2evidence 49
hasn’t paid +0.32% · n=118
Why it’s −17
+20.6 volume · 67% calls−37.9 OI · 0% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 49 (29th pct) · quality 46 · 779 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paid
mildly bearish · call-heavy · low liquidity → +0.32% avg, n=118
noteToo few of our calls checked
0 closed calls on ELME
What traded today · 62%
+20.6 pts
519 calls · 260 puts · bias +33.2
What’s on the books · 38%
−37.9 pts
2 call OI · 1,050 put OI · bias −99.6
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $2 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about ELME
Not enough tape history on ELME for a weekly brief yet. Ask anything below.