MRDN MRDN
$11.25 · scored 08:29 · fresh
Decision brief
BEARISH · 30/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite rises above -15 · confidence deteriorates materially from 30/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak · data quality is weak
The read
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−28.8 composite
Evidence
30 / 100 · top 95% today
210 contracts · quality 40 · stability 0.00
hasn’t paid +0.36% · n=16,987
What traded today · weight 62%
−57.3 pts
8 calls · 3.8% 202 puts
bias −92.4 × 0.62
What’s on the books · weight 38%
+28.5 pts
7 call OI · 87.5% 1 put OI
bias +75.0 × 0.38
Equals
−28.8
67% of the score comes from today’s volume, 33% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring MRDN 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? against Thin evidence confidence 30 (5th pct) · quality 40 · 210 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.36% avg, n=16,987
note Too few of our calls checked 0 closed calls on MRDN
04
Where the positions sit calls traded strike puts traded
Spot $11.25 highlighted. The $22.50 strike holds the most open interest (the “wall”, 3).
05 Our record on MRDN Proof We haven’t checked a call on MRDN 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 —
MRDN
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−28.8 evidence
hasn’t paid +0.36% · n=16,987
Why it’s −29
−57.3 volume · 4% calls+28.5 OI · 88% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 30 (5th pct) · quality 40 · 210 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.36% avg, n=16,987
note Too few of our calls checked 0 closed calls on MRDN
What traded today · 62%
−57.3 pts
8 calls · 202 puts · bias −92.4
What’s on the books · 38%
+28.5 pts
7 call OI · 1 put OI · bias +75.0
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $22.5 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about MRDN
Not enough tape history on MRDN for a weekly brief yet. Ask anything below.
Why is our MRDN record what it is? What’s the $22.5 wall?