PCRX PCRX
$36.38 · scored 02:02 · stale
Decision brief
BULLISH · 41/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 41/100
For the read
options volume favours calls
Against / uncertainty
signal stability is low · evidence confidence is weak
The read
Mildly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+23.7 composite
Evidence
41 / 100 · top 78% today
302 contracts · quality 60 · stability 0.00
hasn’t paid −0.95% · n=6,530
What traded today · weight 62%
+26.3 pts
215 calls · 71.2% 87 puts
bias +42.4 × 0.62
What’s on the books · weight 38%
−2.6 pts
1,752 call OI · 46.6% 2,005 put OI
bias −6.7 × 0.38
Equals
+23.7
91% of the score comes from today’s volume, 9% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring PCRX 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 41 (22th pct) · quality 60 · 302 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
against This kind of read hasn’t paid mildly bullish · call-heavy · low liquidity → −0.95% avg, n=6,530
note Too few of our calls checked 1 closed call on PCRX
04
Where the positions sit calls traded strike puts traded
Spot $36.38 highlighted. The $35 strike holds the most open interest (the “wall”, 1,787).
05 Our record on PCRX Proof 21 Oct · 4h
$36.38 → $36.38
+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 —
PCRX
Mildly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+23.7 evidence
hasn’t paid −0.95% · n=6,530
Why it’s +24
+26.3 volume · 71% calls−2.6 OI · 47% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 41 (22th pct) · quality 60 · 302 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 100
against This kind of read hasn’t paid mildly bullish · call-heavy · low liquidity → −0.95% avg, n=6,530
note Too few of our calls checked 1 closed call on PCRX
What traded today · 62%
+26.3 pts
215 calls · 87 puts · bias +42.4
What’s on the books · 38%
−2.6 pts
1,752 call OI · 2,005 put OI · bias −6.7
— price ◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
21 Oct · 4h
$36.38 → $36.38
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $35 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about PCRX
Not enough tape history on PCRX for a weekly brief yet. Ask anything below.
Why is our PCRX record what it is? What’s the $35 wall?