MELI MercadoLibre Inc
$1,696.56 · +0.00% vs $1,696.56 close · scored 13:39 · fresh
Decision brief
BULLISH · 61/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 61/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Mildly bullish, moderately evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
+21.5 composite+0.0 vs a week ago
Evidence
61 / 100 · top 34% today
5,061 contracts · quality 78 · stability 0.00
hasn’t paid −0.74% · n=9,948
What traded today · weight 62%
+16.9 pts
3,220 calls · 63.6% 1,841 puts
bias +27.2 × 0.62
What’s on the books · weight 38%
+4.6 pts
12,040 call OI · 56.0% 9,458 put OI
bias +12.0 × 0.38
Equals
+21.5
79% of the score comes from today’s volume, 21% from open interest. Disagree with either?
See the method.
tape composite (bars)— price ◆ big one-day moves 30d: price −9.58% · tape +44.0 · corr -0.48
▼ low −22.6 ◆ −49.7 in a day ● peak +44 08-28 09-04 09-11 09-18 09-25 10-02 10-10 $2,003 $1,685 Plain English: Over 30 days, price has fallen 9.58% while the tape has firmed 44.0 points. The two are drifting apart.
03
Should you trust it? note Some evidence, not a lot confidence 61 (66th pct) · quality 78 · 5,061 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 47
against This kind of read hasn’t paid mildly bullish · call-heavy · mid liquidity → −0.74% avg, n=9,948
pass Tape has led price tape has led MELI’s price by 1 day (r=0.33, n=45)
note Stretched vs its own history today’s tape sits high relative to price
note Our record on MELI is mixed 37% hit rate on 389 closed calls · payoff 1.54×
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 $1,696.56. The $1,600 strike holds the most open interest (the “wall”, 805). Near-dated expiry in the mix, so OI is noisier.
05 Our record on MELI Proof
3 Oct · 4h
$1,696.56 → $1,696.56
+0.00% flat
2 Oct · 4h
$1,684.05 → $1,684.05
+0.00% flat
2 Oct · 4h
$1,685.12 → $1,685.12
+0.00% flat
1 Oct · 4h
$1,686.00 → $1,685.12
−0.05% miss
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; 151 of these 389 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 50.33 · fwd 36.29 Beta 1.416
52w $1,495.00–$2,428.00 IV rank —
Ask about MELI answers from FlowDesk data only
You
Why did the score drop from +31 to +21 this week?
FlowDesk
It was mostly one day. The composite was +30.8 on 2 Oct, then fell to +21.5 on 3 Oct as the price moved from $1,685.12 to $1,696.56. It’s at +21.5 now. Today’s +21.5 breaks down as +16.9 from volume and +4.6 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 · 46 pts stock_scores · 13:39 method · 62/38
Compare with BABA Why is our MELI record what it is? What’s the $1600 wall?
What our data projects
−0.11 points vs the market, next 5 trading days
#348 of 635. Not trusted yet: context, not a call.
How
Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $1600 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.
MercadoLibre Inc · Retail
Mildly bullish, moderately evidenced . The tape has led price here.
−100 bearish 0 bullish +100
+21.5 evidence 61
hasn’t paid −0.74% · n=9,948
Why it’s +21
+16.9 volume · 64% calls+4.6 OI · 56% calls
43 days · tape bars, price line
◆ −49.7 08-28 09-04 09-11 09-18 09-25 10-02 10-10 $2,003 $1,685
Price −9.58%, tape +44.0 over 30 days. The two are drifting apart.
Should you trust it?
note Some evidence, not a lot confidence 61 (66th pct) · quality 78 · 5,061 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 47
against This kind of read hasn’t paid mildly bullish · call-heavy · mid liquidity → −0.74% avg, n=9,948
note Stretched vs its own history today’s tape sits high relative to price
What traded today · 62%
+16.9 pts
3,220 calls · 1,841 puts · bias +27.2
What’s on the books · 38%
+4.6 pts
12,040 call OI · 9,458 put OI · bias +12.0
tape composite (bars)— price ◆ big one-day moves 30d: price −9.58% · tape +44.0 · corr -0.48
▼ low −22.6 ◆ −49.7 in a day ● peak +44 08-28 09-04 09-11 09-18 09-25 10-02 10-10 $2,003 $1,685 Over 30 days, price has fallen 9.58% while the tape has firmed 44.0 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.
37% hit rate · 389 closed
3 Oct · 4h
$1,696.56 → $1,696.56
+0.00% flat
2 Oct · 4h
$1,684.05 → $1,684.05
+0.00% flat
2 Oct · 4h
$1,685.12 → $1,685.12
+0.00% flat
1 Oct · 4h
$1,686.00 → $1,685.12
−0.05% miss
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $1600 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about MELI
Why did the score drop from +31 to +21 this week?
It was mostly one day. The composite was +30.8 on 2 Oct, then fell to +21.5 on 3 Oct as the price moved from $1,685.12 to $1,696.56. It’s at +21.5 now. Today’s +21.5 breaks down as +16.9 from volume and +4.6 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 · 46 pts stock_scores · 13:39 method · 62/38
Compare with BABA Why is our MELI record what it is? What’s the $1600 wall?