FLEX FLEX
$110.90 · scored 08:24 · fresh
Decision brief
NEUTRAL · 62/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 62/100
For the read
No strong confirming evidence isolated.
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+13.7 composite
Evidence
62 / 100 · top 26% today
3,246 contracts · quality 79 · stability 0.00
hasn’t paid −0.12% · n=8,670
What traded today · weight 62%
−1.0 pts
1,598 calls · 49.2% 1,648 puts
bias −1.5 × 0.62
What’s on the books · weight 38%
+14.6 pts
44,188 call OI · 69.2% 19,644 put OI
bias +38.5 × 0.38
Equals
+13.7
6% of the score comes from today’s volume, 94% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring FLEX 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 62 (74th pct) · quality 79 · 3,246 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.12% avg, n=8,670
note Too few of our calls checked 0 closed calls on FLEX
04
Where the positions sit calls traded strike puts traded
Spot $110.90 highlighted. The $120 strike holds the most open interest (the “wall”, 6,171). Near-dated expiry in the mix, so OI is noisier.
05 Our record on FLEX Proof We haven’t checked a call on FLEX 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 —
FLEX
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+13.7 evidence
hasn’t paid −0.12% · n=8,670
Why it’s +14
−1.0 volume · 49% calls+14.6 OI · 69% 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 62 (74th pct) · quality 79 · 3,246 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.12% avg, n=8,670
note Too few of our calls checked 0 closed calls on FLEX
What traded today · 62%
−1.0 pts
1,598 calls · 1,648 puts · bias −1.5
What’s on the books · 38%
+14.6 pts
44,188 call OI · 19,644 put OI · bias +38.5
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $120 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about FLEX
Not enough tape history on FLEX for a weekly brief yet. Ask anything below.
Why is our FLEX record what it is? What’s the $120 wall?