MMM 3M Co
$163.58 · +0.00% vs $163.58 close · scored 14:42 · stale
Decision brief
NEUTRAL · 60/100
What changed
The read is broadly unchanged.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 60/100
For the read
signal has been stable
Against / uncertainty
open interest leans against the read
The read
Neutral, moderately evidenced , but it’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+1.0 composite┆ +1.0 yesterday (+0.0) −0.3 vs a week ago
Evidence
60 / 100 · top 38% today
1,626 contracts · quality 86 · stability 0.84
neutral · +0.46% · n=12,762
What traded today · weight 62%
−7.4 pts
716 calls · 44.0% 910 puts
bias −11.9 × 0.62
What’s on the books · weight 38%
+8.4 pts
13,845 call OI · 61.1% 8,817 put OI
bias +22.2 × 0.38
Equals
+1.0
47% of the score comes from today’s volume, 53% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −2.35% · tape −27.6 · corr 0.24
● peak +26 ▼ low −30.3 ◆ −56.1 in a day 09-25 09-27 09-29 10-01 10-03 10-05 10-08 10-09 $170 $162 Plain English: Over 30 days, price has fallen 2.35% while the tape has faded 27.6 points. They agree.
03
Should you trust it? note Some evidence, not a lot confidence 60 (62th pct) · quality 86 · 1,626 contracts
pass Stable 0.84 vs 7-day rolling · choppiness 61
note Neutral reads make no call neutral · balanced · low liquidity → +0.46% avg, n=12,762
note Tape is confirming, not predicting price has led MMM’s tape by 2 days (r=-0.32, n=44)
against Our record on MMM is poor 21% hit rate on 365 closed calls · payoff 0.49×
04
Where the positions sit calls traded strike puts traded
Spot $163.58 highlighted. The $175 strike holds the most open interest (the “wall”, 5,319). Near-dated expiry in the mix, so OI is noisier.
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+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; 153 of these 365 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 29.18 · fwd 17.72 Beta 1.008
52w $139.34–$184.90 IV rank —
Ask about MMM answers from FlowDesk data only
You
What is behind today’s +1.0?
FlowDesk
The composite has held within 1.9 points of +1.0 across the last 8 sessions.−7.4 from volume and +8.4 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 · 14:42 method · 62/38
Compare with HON Why is our MMM record what it is? What’s the $175 wall?
What our data projects
−0.34 points vs the market, next 5 trading days
#509 of 635 · helped by quality, tape composite. 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 $175 wall price · above
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.
3M Co · Industrial Conglomerates
Neutral, moderately evidenced . It’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+1.0 ┆ +1.0 yday evidence
neutral · +0.46% · n=12,762
Why it’s +1
−7.4 volume · 44% calls+8.4 OI · 61% calls
14 days · tape bars, price line
◆ −56.1 09-25 09-27 09-29 10-01 10-03 10-05 10-08 10-09 $170 $162 Price −2.35%, tape −27.6 over 30 days. The two agree.
Should you trust it?
note Some evidence, not a lot confidence 60 (62th pct) · quality 86 · 1,626 contracts
pass Stable 0.84 vs 7-day rolling · choppiness 61
note Neutral reads make no call neutral · balanced · low liquidity → +0.46% avg, n=12,762
note Tape is confirming, not predicting price has led MMM’s tape by 2 days (r=-0.32, n=44)
What traded today · 62%
−7.4 pts
716 calls · 910 puts · bias −11.9
What’s on the books · 38%
+8.4 pts
13,845 call OI · 8,817 put OI · bias +22.2
— price ◆ big one-day moves 30d: price −2.35% · tape −27.6 · corr 0.24
● peak +26 ▼ low −30.3 ◆ −56.1 in a day 09-25 09-27 09-29 10-01 10-03 10-05 10-08 10-09 $170 $162 Over 30 days, price has fallen 2.35% while the tape has faded 27.6 points. They agree.
21% hit rate · 365 closed
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
9 Oct · 4h
$163.58 → $163.58
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $175 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about MMM
What is behind today’s +1.0?
The composite has held within 1.9 points of +1.0 across the last 8 sessions.−7.4 from volume and +8.4 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 · 14:42 method · 62/38
Compare with HON Why is our MMM record what it is? What’s the $175 wall?