PTEN PTEN
$11.52 · scored 08:30 · fresh
Decision brief
BULLISH · 49/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite falls below +15 · confidence deteriorates materially from 49/100
For the read
options volume favours calls
Against / uncertainty
signal stability is low
The read
Strongly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+56.7 composite
Evidence
49 / 100 · top 54% today
2,378 contracts · quality 75 · stability 0.00
hasn’t paid −0.01% · n=80,022
What traded today · weight 62%
+55.0 pts
2,244 calls · 94.4% 134 puts
bias +88.7 × 0.62
What’s on the books · weight 38%
+1.7 pts
127 call OI · 52.3% 116 put OI
bias +4.5 × 0.38
Equals
+56.7
97% of the score comes from today’s volume, 3% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring PTEN 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 49 (46th pct) · quality 75 · 2,378 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 61
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=80,022
note Too few of our calls checked 0 closed calls on PTEN
04
Where the positions sit calls traded strike puts traded
Spot $11.52 highlighted. The $6 strike holds the most open interest (the “wall”, 203). Near-dated expiry in the mix, so OI is noisier.
05 Our record on PTEN Proof We haven’t checked a call on PTEN yet. Each read is checked 4 hours, 1 day and 3 days after it’s made.
06
Catalysts & context EPS surprise · last 4 quarters
No reported quarters stored yet.
Street — Next report —
P/E — Beta —
52w — IV rank —
PTEN
Strongly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+56.7 evidence
hasn’t paid −0.01% · n=80,022
Why it’s +57
+55.0 volume · 94% calls+1.7 OI · 52% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 49 (46th pct) · quality 75 · 2,378 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 61
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=80,022
note Too few of our calls checked 0 closed calls on PTEN
What traded today · 62%
+55.0 pts
2,244 calls · 134 puts · bias +88.7
What’s on the books · 38%
+1.7 pts
127 call OI · 116 put OI · bias +4.5
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $6 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about PTEN
Not enough tape history on PTEN for a weekly brief yet. Ask anything below.
Why is our PTEN record what it is? What’s the $6 wall?