NUE Nucor Corp
$251.41 · +0.00% vs $251.41 close · scored 15:59 · fresh
Decision brief
BEARISH · 58/100
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 58/100
For the read
options volume favours puts
Against / uncertainty
signal stability is low
The read
Strongly bearish, moderately evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
−31.0 composite−76.5 vs a week ago
Evidence
58 / 100 · top 42% today
1,604 contracts · quality 74 · stability 0.00
hasn’t paid +0.10% · n=21,921
What traded today · weight 62%
−33.9 pts
364 calls · 22.7% 1,240 puts
bias −54.6 × 0.62
What’s on the books · weight 38%
+2.8 pts
5,692 call OI · 53.7% 4,904 put OI
bias +7.4 × 0.38
Equals
−31.0
92% of the score comes from today’s volume, 8% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −4.76% · tape +0.9 · corr 0.00
● peak +58 ◆ +89.6 in a day ▼ low −33.6 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $264 $233 Plain English: Over 30 days, price has fallen 4.76% while the tape has barely moved (+0.9). The two are drifting apart.
03
Should you trust it? note Some evidence, not a lot confidence 58 (58th pct) · quality 74 · 1,604 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 36
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.10% avg, n=21,921
pass Tape has led price tape has led NUE’s price by 3 days (r=0.26, n=46)
note Stretched vs its own history today’s tape sits low relative to price
against Our record on NUE is poor 26% hit rate on 299 closed calls · payoff 3.08×
04
Where the positions sit calls traded strike puts traded
Spot $251.41 highlighted. The $230 strike holds the most open interest (the “wall”, 1,611).
6 Oct · 4h
$251.41 → $251.41
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+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; 154 of these 299 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 23.40 · fwd 12.46 Beta 1.877
52w $131.32–$280.11 IV rank —
Ask about NUE answers from FlowDesk data only
You
Why did the score drop from +45 to −31 this week?
FlowDesk
It was mostly one day. The composite was +45.5 on 4 Oct, then fell to −3.2 on 5 Oct as the price moved from $240.39 to $240.39. It’s at −31.0 now.−33.9 from volume and +2.8 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 · 47 pts stock_scores · 15:59 method · 62/38
Compare with NB Why is our NUE record what it is? What’s the $230 wall?
What our data projects
−0.17 points vs the market, next 5 trading days
#377 of 635 · helped by tape composite, volatility (20 days). Not trusted yet: context, not a call.
How Tell me when… The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $230 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.
Nucor Corp · Metals & Mining
Strongly bearish, moderately evidenced . The tape has led price here.
−100 bearish 0 bullish +100
−31.0 evidence
hasn’t paid +0.10% · n=21,921
Why it’s −31
−33.9 volume · 23% calls+2.8 OI · 54% calls
47 days · tape bars, price line
◆ +89.6 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $264 $233 Price −4.76%, tape +0.9 over 30 days. The two are drifting apart.
Should you trust it?
note Some evidence, not a lot confidence 58 (58th pct) · quality 74 · 1,604 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 36
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.10% avg, n=21,921
note Stretched vs its own history today’s tape sits low relative to price
What traded today · 62%
−33.9 pts
364 calls · 1,240 puts · bias −54.6
What’s on the books · 38%
+2.8 pts
5,692 call OI · 4,904 put OI · bias +7.4
— price ◆ big one-day moves 30d: price −4.76% · tape +0.9 · corr 0.00
● peak +58 ◆ +89.6 in a day ▼ low −33.6 08-25 09-01 09-08 09-15 09-22 09-29 10-06 10-10 $264 $233 Over 30 days, price has fallen 4.76% while the tape has barely moved (+0.9). The two are drifting apart.
26% hit rate · 299 closed
6 Oct · 4h
$251.41 → $251.41
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+0.00% flat
5 Oct · 4h
$240.39 → $240.39
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $230 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about NUE
Why did the score drop from +45 to −31 this week?
It was mostly one day. The composite was +45.5 on 4 Oct, then fell to −3.2 on 5 Oct as the price moved from $240.39 to $240.39. It’s at −31.0 now.−33.9 from volume and +2.8 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 · 47 pts stock_scores · 15:59 method · 62/38
Compare with NB Why is our NUE record what it is? What’s the $230 wall?