ERII ERII
$6.64 · scored 01:48 · stale
Decision brief
BEARISH · 54/100
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 54/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Strongly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−39.6 composite
Evidence
54 / 100 · top 37% today
584 contracts · quality 54 · stability 0.00
has paid −0.42% · n=13,233
What traded today · weight 62%
−11.5 pts
238 calls · 40.8% 346 puts
bias −18.5 × 0.62
What’s on the books · weight 38%
−28.1 pts
4,972 call OI · 13.0% 33,188 put OI
bias −73.9 × 0.38
Equals
−39.6
29% of the score comes from today’s volume, 71% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring ERII 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? note Some evidence, not a lot confidence 54 (63th pct) · quality 54 · 584 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
pass This kind of read has paid strongly bearish · put-heavy · low liquidity → −0.42% avg, n=13,233
note Too few of our calls checked 1 closed call on ERII
04
Where the positions sit calls traded strike puts traded
Spot $6.64 highlighted. The $7.50 strike holds the most open interest (the “wall”, 33,062).
05 Our record on ERII Proof 21 Oct · 4h
$6.64 → $6.64
+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 —
ERII
Strongly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−39.6 evidence
has paid −0.42% · n=13,233
Why it’s −40
−11.5 volume · 41% calls−28.1 OI · 13% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
note Some evidence, not a lot confidence 54 (63th pct) · quality 54 · 584 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
note Too few of our calls checked 1 closed call on ERII
What traded today · 62%
−11.5 pts
238 calls · 346 puts · bias −18.5
What’s on the books · 38%
−28.1 pts
4,972 call OI · 33,188 put OI · bias −73.9
— price ◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
21 Oct · 4h
$6.64 → $6.64
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $7.5 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about ERII
Not enough tape history on ERII for a weekly brief yet. Ask anything below.
Why is our ERII record what it is? What’s the $7.5 wall?