ETN Eaton Corporation PLC
$432.60 · +0.00% vs $432.60 close · scored 09:34 · fresh
Decision brief
NEUTRAL · 62/100
What changed
Composite weakened 26.2 points.
Evidence is current.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 62/100
For the read
signal has been stable
Against / uncertainty
open interest leans against the read
The read
Neutral, moderately evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
−9.8 composite┆ +16.4 yesterday (−26.2) −26.2 vs a week ago
Evidence
62 / 100 · top 32% today
3,685 contracts · quality 86 · stability 0.79
neutral · +0.46% · n=12,762
What traded today · weight 62%
+3.1 pts
1,935 calls · 52.5% 1,750 puts
bias +5.0 × 0.62
What’s on the books · weight 38%
−12.9 pts
8,797 call OI · 33.0% 17,844 put OI
bias −34.0 × 0.38
Equals
−9.8
19% of the score comes from today’s volume, 81% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price +2.48% · tape −17.5 · corr -0.20
▼ low −42.3 ● peak +16 ◆ +35.8 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-09 10-10 $443 $396 Plain English: Over 30 days, price has risen 2.48% while the tape has faded 17.5 points. The two are drifting apart.
03
Should you trust it? note Some evidence, not a lot confidence 62 (68th pct) · quality 86 · 3,685 contracts
note Jumpy 0.79 vs 7-day rolling · choppiness 66
note Neutral reads make no call neutral · balanced · low liquidity → +0.46% avg, n=12,762
pass Tape has led price tape has led ETN’s price by 3 days (r=-0.32, n=44)
note Stretched vs its own history today’s tape sits low relative to price
against Our record on ETN is poor 23% hit rate on 351 closed calls · payoff 0.43×
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 $432.60. The $420 strike holds the most open interest (the “wall”, 3,966). Near-dated expiry in the mix, so OI is noisier.
4 Oct · 4h
$436.11 → $436.11
+0.00% flat
2 Oct · 4h
$442.72 → $442.72
+0.00% flat
2 Oct · 4h
$437.28 → $437.28
+0.00% flat
1 Oct · 4h
$439.00 → $439.00
+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; 141 of these 351 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 44.45 · fwd 28.84 Beta 1.122
52w $311.92–$478.00 IV rank —
Ask about ETN answers from FlowDesk data only
You
Why did the score drop from +16 to −10 this week?
FlowDesk
It was mostly one day. The composite was +16.4 on 3 Oct, then fell to −9.8 on 4 Oct as the price moved from $442.72 to $442.72. It’s at −9.8 now.+3.1 from volume and −12.9 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 45 pts stock_scores · 09:34 method · 62/38
Compare with FPS Why is our ETN record what it is? What’s the $420 wall?
What our data projects
+0.18 points vs the market, next 5 trading days
#177 of 635 · helped by quality, tape composite, price momentum (5 days). Not trusted yet: context, not a call.
How Tell me when… The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $420 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Eaton Corporation PLC · Electrical Equipment
Neutral, moderately evidenced . The tape has led price here.
−100 bearish 0 bullish +100
−9.8 ┆ +16.4 yday evidence
neutral · +0.46% · n=12,762
Why it’s −10
+3.1 volume · 53% calls−12.9 OI · 33% calls
14 days · tape bars, price line
◆ +35.8 09-26 09-28 09-30 10-02 10-04 10-06 10-09 10-10 $443 $396 Price +2.48%, tape −17.5 over 30 days. The two are drifting apart.
Should you trust it?
note Some evidence, not a lot confidence 62 (68th pct) · quality 86 · 3,685 contracts
note Jumpy 0.79 vs 7-day rolling · choppiness 66
note Neutral reads make no call neutral · balanced · low liquidity → +0.46% avg, n=12,762
note Stretched vs its own history today’s tape sits low relative to price
What traded today · 62%
+3.1 pts
1,935 calls · 1,750 puts · bias +5.0
What’s on the books · 38%
−12.9 pts
8,797 call OI · 17,844 put OI · bias −34.0
— price ◆ big one-day moves 30d: price +2.48% · tape −17.5 · corr -0.20
▼ low −42.3 ● peak +16 ◆ +35.8 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-09 10-10 $443 $396 Over 30 days, price has risen 2.48% while the tape has faded 17.5 points. The two are drifting apart.
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.
23% hit rate · 351 closed
4 Oct · 4h
$436.11 → $436.11
+0.00% flat
2 Oct · 4h
$442.72 → $442.72
+0.00% flat
2 Oct · 4h
$437.28 → $437.28
+0.00% flat
1 Oct · 4h
$439.00 → $439.00
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $420 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about ETN
Why did the score drop from +16 to −10 this week?
It was mostly one day. The composite was +16.4 on 3 Oct, then fell to −9.8 on 4 Oct as the price moved from $442.72 to $442.72. It’s at −9.8 now.+3.1 from volume and −12.9 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 45 pts stock_scores · 09:34 method · 62/38
Compare with FPS Why is our ETN record what it is? What’s the $420 wall?