PLAB Photronics Inc
$29.76 · +0.17% vs $29.71 close · scored 15:47 · stale
Decision brief
BEARISH · 55/100
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 55/100
For the read
options volume favours puts
Against / uncertainty
signal stability is low
The read
Strongly bearish, moderately evidenced , but it’s confirming price rather than calling it.
−100 bearish 0 bullish +100
−36.4 composite−19.6 vs a week ago
Evidence
55 / 100 · top 47% today
890 contracts · quality 65 · stability 0.00
hasn’t paid +0.73% · n=18,463
What traded today · weight 62%
−36.5 pts
183 calls · 20.6% 707 puts
bias −58.9 × 0.62
What’s on the books · weight 38%
+0.1 pts
14,916 call OI · 50.1% 14,851 put OI
bias +0.2 × 0.38
Equals
−36.4
100% of the score comes from today’s volume, 0% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price +1.19% · tape −88.9 · corr -0.24
◆ +60.3 in a day ● peak +78 ▼ low −36.4 08-26 09-02 09-09 09-16 09-23 09-30 10-08 10-09 $31 $27 Plain English: Over 30 days, price has risen 1.19% while the tape has faded 88.9 points. The two are drifting apart.
03
Should you trust it? note Some evidence, not a lot confidence 55 (53th pct) · quality 65 · 890 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.73% avg, n=18,463
note Tape is confirming, not predicting price has led PLAB’s tape by 1 day (r=0.35, n=43)
note Stretched vs its own history today’s tape sits low relative to price
against Our record on PLAB is poor 35% hit rate on 287 closed calls · payoff 1.44×
04
Where the positions sit calls traded strike puts traded
Spot $29.76 highlighted. The $35 strike holds the most open interest (the “wall”, 7,117). Near-dated expiry in the mix, so OI is noisier.
05 Our record on PLAB Proof 9 Oct · 4h
$29.76 → $29.76
+0.00% flat
9 Oct · 4h
$30.11 → $29.76
−1.16% hit
9 Oct · 4h
$30.00 → $29.76
−0.79% hit
9 Oct · 4h
$29.71 → $29.76
+0.17% miss
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; 146 of these 287 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 10.82 · fwd 14.88 Beta 1.397
52w $20.05–$56.00 IV rank —
Ask about PLAB answers from FlowDesk data only
You
Why did the score drop from +28 to −36 this week?
FlowDesk
It was mostly one day. The composite was +27.9 on 1 Oct, then fell to −16.8 on 2 Oct as the price moved from $31.07 to $30.86. It’s at −36.4 now.−36.5 from volume and +0.1 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 · 44 pts stock_scores · 15:47 method · 62/38
Compare with INTC Why is our PLAB record what it is? What’s the $35 wall?
What our data projects
−0.13 points vs the market, next 5 trading days
#457 of 799 · helped by tape composite, price momentum (5 days), composite change (3 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 $35 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.
Photronics Inc · Semiconductors
Strongly bearish, moderately evidenced . It’s confirming price rather than calling it.
−100 bearish 0 bullish +100
−36.4 evidence
hasn’t paid +0.73% · n=18,463
Why it’s −36
−36.5 volume · 21% calls+0.1 OI · 50% calls
44 days · tape bars, price line
◆ +60.3 08-26 09-02 09-09 09-16 09-23 09-30 10-08 10-09 $31 $27 Price +1.19%, tape −88.9 over 30 days. The two are drifting apart.
Should you trust it?
note Some evidence, not a lot confidence 55 (53th pct) · quality 65 · 890 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bearish · put-heavy · low liquidity → +0.73% avg, n=18,463
note Tape is confirming, not predicting price has led PLAB’s tape by 1 day (r=0.35, n=43)
What traded today · 62%
−36.5 pts
183 calls · 707 puts · bias −58.9
What’s on the books · 38%
+0.1 pts
14,916 call OI · 14,851 put OI · bias +0.2
— price ◆ big one-day moves 30d: price +1.19% · tape −88.9 · corr -0.24
◆ +60.3 in a day ● peak +78 ▼ low −36.4 08-26 09-02 09-09 09-16 09-23 09-30 10-08 10-09 $31 $27 Over 30 days, price has risen 1.19% while the tape has faded 88.9 points. The two are drifting apart.
35% hit rate · 287 closed
9 Oct · 4h
$29.76 → $29.76
+0.00% flat
9 Oct · 4h
$30.11 → $29.76
−1.16% hit
9 Oct · 4h
$30.00 → $29.76
−0.79% hit
9 Oct · 4h
$29.71 → $29.76
+0.17% miss
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $35 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about PLAB
Why did the score drop from +28 to −36 this week?
It was mostly one day. The composite was +27.9 on 1 Oct, then fell to −16.8 on 2 Oct as the price moved from $31.07 to $30.86. It’s at −36.4 now.−36.5 from volume and +0.1 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 · 44 pts stock_scores · 15:47 method · 62/38
Compare with INTC Why is our PLAB record what it is? What’s the $35 wall?