OVV Ovintiv Inc
$63.37 · +0.00% vs $63.37 close · scored 14:42 · stale
Decision brief
NEUTRAL · 69/100
What changed
Composite weakened 5.3 points.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 69/100
For the read
signal has been stable
Against / uncertainty
open interest leans against the read
The read
Mildly bullish, moderately evidenced , but it’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+15.0 composite┆ +20.2 yesterday (−5.3) −16.4 vs a week ago
Evidence
69 / 100 · top 16% today
986 contracts · quality 84 · stability 0.80
hasn’t paid −0.25% · n=9,682
What traded today · weight 62%
+3.4 pts
520 calls · 52.7% 466 puts
bias +5.5 × 0.62
What’s on the books · weight 38%
+11.6 pts
14,237 call OI · 65.2% 7,584 put OI
bias +30.5 × 0.38
Equals
+15.0
23% of the score comes from today’s volume, 77% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −1.14% · tape +34.5 · corr 0.43
● peak +78 ▼ low −19.5 ◆ −86.9 in a day 08-27 09-03 09-10 09-18 09-25 10-02 10-09 $67 $58 Plain English: Over 30 days, price has fallen 1.14% while the tape has firmed 34.5 points. The two are drifting apart.
03
Should you trust it? note Some evidence, not a lot confidence 69 (84th pct) · quality 84 · 986 contracts
pass Stable 0.80 vs 7-day rolling · choppiness 0
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.25% avg, n=9,682
note Tape is confirming, not predicting price has led OVV’s tape by 1 day (r=0.36, n=44)
against Our record on OVV is poor 32% hit rate on 281 closed calls · payoff 2.15×
04
Where the positions sit calls traded strike puts traded
Spot $63.37 highlighted. The $65 strike holds the most open interest (the “wall”, 5,136).
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+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; 169 of these 281 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 18.07 · fwd 8.24 Beta 0.637
52w $35.47–$67.51 IV rank —
Ask about OVV answers from FlowDesk data only
You
Why did the score drop from +31 to +15 this week?
FlowDesk
It was mostly one day. The composite was +31.4 on 7 Oct, then fell to +14.8 on 8 Oct as the price moved from $60.34 to $60.34. It’s at +15.0 now.+3.4 from volume and +11.6 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 OXY Why is our OVV record what it is? What’s the $65 wall?
What our data projects
+0.00 points vs the market, next 5 trading days
#268 of 635 · helped by quality, confidence, composite change (3 days). 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 $65 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.
Ovintiv Inc · Energy
Mildly bullish, moderately evidenced . It’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+15.0 ┆ +20.2 yday evidence
hasn’t paid −0.25% · n=9,682
Why it’s +15
+3.4 volume · 53% calls+11.6 OI · 65% calls
43 days · tape bars, price line
◆ −86.9 08-27 09-03 09-10 09-18 09-25 10-02 10-09 $67 $58 Price −1.14%, tape +34.5 over 30 days. The two are drifting apart.
Should you trust it?
note Some evidence, not a lot confidence 69 (84th pct) · quality 84 · 986 contracts
pass Stable 0.80 vs 7-day rolling · choppiness 0
against This kind of read hasn’t paid mildly bullish · balanced · low liquidity → −0.25% avg, n=9,682
note Tape is confirming, not predicting price has led OVV’s tape by 1 day (r=0.36, n=44)
What traded today · 62%
+3.4 pts
520 calls · 466 puts · bias +5.5
What’s on the books · 38%
+11.6 pts
14,237 call OI · 7,584 put OI · bias +30.5
— price ◆ big one-day moves 30d: price −1.14% · tape +34.5 · corr 0.43
● peak +78 ▼ low −19.5 ◆ −86.9 in a day 08-27 09-03 09-10 09-18 09-25 10-02 10-09 $67 $58 Over 30 days, price has fallen 1.14% while the tape has firmed 34.5 points. The two are drifting apart.
32% hit rate · 281 closed
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
9 Oct · 4h
$63.37 → $63.37
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $65 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about OVV
Why did the score drop from +31 to +15 this week?
It was mostly one day. The composite was +31.4 on 7 Oct, then fell to +14.8 on 8 Oct as the price moved from $60.34 to $60.34. It’s at +15.0 now.+3.4 from volume and +11.6 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 OXY Why is our OVV record what it is? What’s the $65 wall?