FENC
FENC
$10.38 · +0.00% vs $10.38 close · scored 03:35 · stale
Decision brief
BEARISH · 40/100
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 40/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−24.4 composite
Evidence
40 / 100 · top 79% today
499 contracts · quality 47 · stability 0.00
has paid −0.77% · n=3,448
What traded today · weight 62%
−51.6 pts
42 calls · 8.4%457 puts
bias −83.2 × 0.62
What’s on the books · weight 38%
+27.1 pts
96 call OI · 85.7%16 put OI
bias +71.4 × 0.38
Equals
−24.4
66% of the score comes from today’s volume, 34% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring FENC 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 40 (21th pct) · quality 47 · 499 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 80
passThis kind of read has paidmildly bearish · put-heavy · low liquidity → −0.77% avg, n=3,448
noteToo few of our calls checked1 closed call on FENC
04
Where the positions sit
calls tradedstrikeputs traded
Spot $10.38 highlighted. The $10 strike holds the most open interest (the “wall”, 80).
05Our record on FENC
Proof
22 Oct · 4h
$10.38 → $10.38
+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 —
FENC
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−24.4evidence 40
has paid −0.77% · n=3,448
Why it’s −24
−51.6 volume · 8% calls+27.1 OI · 86% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 40 (21th pct) · quality 47 · 499 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 80
noteToo few of our calls checked
1 closed call on FENC
What traded today · 62%
−51.6 pts
42 calls · 457 puts · bias −83.2
What’s on the books · 38%
+27.1 pts
96 call OI · 16 put OI · bias +71.4
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
22 Oct · 4h
$10.38 → $10.38
+0.00%flat
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $10 wallprice · below
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about FENC
Not enough tape history on FENC for a weekly brief yet. Ask anything below.