OLN OLN
$15.03 · scored 08:08 · fresh
Decision brief
BULLISH · 58/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite falls below +15 · confidence deteriorates materially from 58/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+20.9 composite
Evidence
58 / 100 · top 29% today
2,844 contracts · quality 73 · stability 0.00
hasn’t paid −7.47% · n=1,230
What traded today · weight 62%
−10.0 pts
1,192 calls · 41.9% 1,652 puts
bias −16.2 × 0.62
What’s on the books · weight 38%
+30.9 pts
1,262 call OI · 90.7% 130 put OI
bias +81.3 × 0.38
Equals
+20.9
25% of the score comes from today’s volume, 75% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring OLN 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 58 (71th pct) · quality 73 · 2,844 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 26
against This kind of read hasn’t paid mildly bullish · put-heavy · low liquidity → −7.47% avg, n=1,230
note Too few of our calls checked 0 closed calls on OLN
04
Where the positions sit calls traded strike puts traded
Spot $15.03 highlighted. The $42.50 strike holds the most open interest (the “wall”, 650). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on OLN 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 —
OLN
Mildly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+20.9 evidence
hasn’t paid −7.47% · n=1,230
Why it’s +21
−10.0 volume · 42% calls+30.9 OI · 91% 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 58 (71th pct) · quality 73 · 2,844 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 26
against This kind of read hasn’t paid mildly bullish · put-heavy · low liquidity → −7.47% avg, n=1,230
note Too few of our calls checked 0 closed calls on OLN
What traded today · 62%
−10.0 pts
1,192 calls · 1,652 puts · bias −16.2
What’s on the books · 38%
+30.9 pts
1,262 call OI · 130 put OI · bias +81.3
— 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 $42.5 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about OLN
Not enough tape history on OLN for a weekly brief yet. Ask anything below.
Why is our OLN record what it is? What’s the $42.5 wall?