PRE
PRE
$17.35 · +0.00% vs $17.35 close · scored 06:05 · stale
Decision brief
BEARISH · 30/100
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 30/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−20.6 composite
Evidence
30 / 100 · top 95% today
14 contracts · quality 71 · stability 0.00
has paid −1.48% · n=2,240
What traded today · weight 62%
−53.1 pts
1 calls · 7.1%13 puts
bias −85.7 × 0.62
What’s on the books · weight 38%
+32.5 pts
1,718 call OI · 92.8%133 put OI
bias +85.6 × 0.38
Equals
−20.6
62% of the score comes from today’s volume, 38% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring PRE 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 30 (5th pct) · quality 71 · 14 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 100
passThis kind of read has paidmildly bearish · put-heavy · low liquidity → −1.48% avg, n=2,240
noteToo few of our calls checked1 closed call on PRE
04
Where the positions sit
calls tradedstrikeputs traded
Spot $17.35 highlighted. The $20 strike holds the most open interest (the “wall”, 650).
26 Oct · 4h
$17.35 → $17.35
+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 —
PRE
Mildly bearish, thinly evidenced.
−100 bearish0bullish +100
−20.6evidence 30
has paid −1.48% · n=2,240
Why it’s −21
−53.1 volume · 7% calls+32.5 OI · 93% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 30 (5th pct) · quality 71 · 14 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 100
noteToo few of our calls checked
1 closed call on PRE
What traded today · 62%
−53.1 pts
1 calls · 13 puts · bias −85.7
What’s on the books · 38%
+32.5 pts
1,718 call OI · 133 put OI · bias +85.6
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
26 Oct · 4h
$17.35 → $17.35
+0.00%flat
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $20 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about PRE
Not enough tape history on PRE for a weekly brief yet. Ask anything below.