RDWR RDWR
$29.36 · scored 08:30 · fresh
Decision brief
BEARISH · 44/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite rises above -15 · confidence deteriorates materially from 44/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low · evidence confidence is weak
The read
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−48.9 composite
Evidence
44 / 100 · top 67% today
194 contracts · quality 62 · stability 0.00
hasn’t paid +0.36% · n=16,987
What traded today · weight 62%
−19.2 pts
67 calls · 34.5% 127 puts
bias −30.9 × 0.62
What’s on the books · weight 38%
−29.7 pts
46 call OI · 11.0% 374 put OI
bias −78.1 × 0.38
Equals
−48.9
39% of the score comes from today’s volume, 61% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring RDWR 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 44 (33th pct) · quality 62 · 194 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 → +0.36% avg, n=16,987
note Too few of our calls checked 0 closed calls on RDWR
04
Where the positions sit calls traded strike puts traded
Spot $29.36 highlighted. The $27 strike holds the most open interest (the “wall”, 363). Near-dated expiry in the mix, so OI is noisier.
05 Our record on RDWR Proof We haven’t checked a call on RDWR 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 —
RDWR
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−48.9 evidence
hasn’t paid +0.36% · n=16,987
Why it’s −49
−19.2 volume · 35% calls−29.7 OI · 11% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 44 (33th pct) · quality 62 · 194 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 → +0.36% avg, n=16,987
note Too few of our calls checked 0 closed calls on RDWR
What traded today · 62%
−19.2 pts
67 calls · 127 puts · bias −30.9
What’s on the books · 38%
−29.7 pts
46 call OI · 374 put OI · bias −78.1
— price ◆ big one-day moves
Not enough tape history to draw this yet.
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $27 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about RDWR
Not enough tape history on RDWR for a weekly brief yet. Ask anything below.
Why is our RDWR record what it is? What’s the $27 wall?