ONB
ONB
$24.90 · scored 05:40 · stale
Decision brief
BEARISH · 29/100
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 29/100
For the read
open interest agrees with the read
Against / uncertainty
signal stability is low · evidence confidence is weak · data quality is weak
The read
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−23.1 composite
Evidence
29 / 100 · top 98% today
15 contracts · quality 39 · stability 0.00
hasn’t paid +0.26% · n=31,339
What traded today · weight 62%
−4.1 pts
7 calls · 46.7%8 puts
bias −6.7 × 0.62
What’s on the books · weight 38%
−19.0 pts
1 call OI · 25.0%3 put OI
bias −50.0 × 0.38
Equals
−23.1
18% of the score comes from today’s volume, 82% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring ONB 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?
againstThin evidenceconfidence 29 (2th pct) · quality 39 · 15 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paidmildly bearish · balanced · low liquidity → +0.26% avg, n=31,339
noteToo few of our calls checked1 closed call on ONB
04
Where the positions sit
calls tradedstrikeputs traded
Spot $24.90 highlighted. The $20 strike holds the most open interest (the “wall”, 3). Near-dated expiry in the mix, so OI is noisier.
7 Oct · 4h
$24.90 → $24.90
+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; 1 of these 1 calls were flat.
06
Catalysts & context
EPS surprise · last 4 quarters
No reported quarters stored yet.
Street —Next report —
P/E —Beta —
52w —IV rank —
Research · never used to score
Tape transformer forecasts live on their own page and have not earned a place in the read. Not enough closed-trade evidence to trust on their own.
ONB
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−23.1evidence 29
hasn’t paid +0.26% · n=31,339
Why it’s −23
−4.1 volume · 47% calls−19.0 OI · 25% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 29 (2th pct) · quality 39 · 15 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 50
againstThis kind of read hasn’t paid
mildly bearish · balanced · low liquidity → +0.26% avg, n=31,339
noteToo few of our calls checked
1 closed call on ONB
What traded today · 62%
−4.1 pts
7 calls · 8 puts · bias −6.7
What’s on the books · 38%
−19.0 pts
1 call OI · 3 put OI · bias −50.0
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
7 Oct · 4h
$24.90 → $24.90
+0.00%flat
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $20 wallprice · below
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about ONB
Not enough tape history on ONB for a weekly brief yet. Ask anything below.