RIG RIG
$5.62 · scored 08:46 · fresh
Decision brief
BULLISH · 62/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 62/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
signal stability is low
The read
Strongly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+38.3 composite
Evidence
62 / 100 · top 18% today
3,447 contracts · quality 68 · stability 0.00
hasn’t paid −0.01% · n=74,985
What traded today · weight 62%
+21.0 pts
2,308 calls · 67.0% 1,139 puts
bias +33.9 × 0.62
What’s on the books · weight 38%
+17.3 pts
9,900 call OI · 72.8% 3,708 put OI
bias +45.5 × 0.38
Equals
+38.3
55% of the score comes from today’s volume, 45% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring RIG 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? note Some evidence, not a lot confidence 62 (82th pct) · quality 68 · 3,447 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 21
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=74,985
note Too few of our calls checked 0 closed calls on RIG
04
Where the positions sit calls traded strike puts traded
Spot $5.62 highlighted. The $6 strike holds the most open interest (the “wall”, 3,057). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on RIG 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 —
RIG
Strongly bullish, moderately evidenced .
−100 bearish 0 bullish +100
+38.3 evidence
hasn’t paid −0.01% · n=74,985
Why it’s +38
+21.0 volume · 67% calls+17.3 OI · 73% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
note Some evidence, not a lot confidence 62 (82th pct) · quality 68 · 3,447 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 21
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=74,985
note Too few of our calls checked 0 closed calls on RIG
What traded today · 62%
+21.0 pts
2,308 calls · 1,139 puts · bias +33.9
What’s on the books · 38%
+17.3 pts
9,900 call OI · 3,708 put OI · bias +45.5
— 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 · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about RIG
Not enough tape history on RIG for a weekly brief yet. Ask anything below.
Why is our RIG record what it is? What’s the $6 wall?