RDW
RDW
$8.46 · scored 02:58 · fresh
Decision brief
BEARISH · 66/100
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 66/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Strongly bearish, moderately evidenced.
−100 bearish0bullish +100
−25.5 composite
Evidence
66 / 100 · top 11% today
8,025 contracts · quality 80 · stability 0.00
hasn’t paid +1.31% · n=47
What traded today · weight 62%
−8.7 pts
3,448 calls · 43.0%4,577 puts
bias −14.1 × 0.62
What’s on the books · weight 38%
−16.8 pts
26,115 call OI · 28.0%67,291 put OI
bias −44.1 × 0.38
Equals
−25.5
34% of the score comes from today’s volume, 66% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring RDW 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?
noteSome evidence, not a lotconfidence 66 (89th pct) · quality 80 · 8,025 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 39
againstThis kind of read hasn’t paidstrongly bearish · balanced · mid liquidity → +1.31% avg, n=47
noteToo few of our calls checked0 closed calls on RDW
04
Where the positions sit
calls tradedstrikeputs traded
Spot $8.46 highlighted. The $8 strike holds the most open interest (the “wall”, 30,410). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on RDW 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 —
RDW
Strongly bearish, moderately evidenced.
−100 bearish0bullish +100
−25.5evidence 66
hasn’t paid +1.31% · n=47
Why it’s −25
−8.7 volume · 43% calls−16.8 OI · 28% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
noteSome evidence, not a lot
confidence 66 (89th pct) · quality 80 · 8,025 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 39
againstThis kind of read hasn’t paid
strongly bearish · balanced · mid liquidity → +1.31% avg, n=47
noteToo few of our calls checked
0 closed calls on RDW
What traded today · 62%
−8.7 pts
3,448 calls · 4,577 puts · bias −14.1
What’s on the books · 38%
−16.8 pts
26,115 call OI · 67,291 put OI · bias −44.1
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $8 wallprice · below
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about RDW
Not enough tape history on RDW for a weekly brief yet. Ask anything below.