SARO SARO
$21.78 · +0.00% vs $21.78 close · scored 11:50 · stale
Decision brief
NEUTRAL · 50/100
What changed
No prior comparable read.
Evidence is stale — treat this read cautiously.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 50/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Mildly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−10.7 composite
Evidence
50 / 100 · top 49% today
282 contracts · quality 56 · stability 0.00
has paid −1.43% · n=2,498
What traded today · weight 62%
−15.0 pts
107 calls · 37.9% 175 puts
bias −24.1 × 0.62
What’s on the books · weight 38%
+4.2 pts
6,245 call OI · 55.5% 4,999 put OI
bias +11.1 × 0.38
Equals
−10.7
78% of the score comes from today’s volume, 22% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring SARO 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 50 (51th pct) · quality 56 · 282 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
pass This kind of read has paid mildly bearish · put-heavy · low liquidity → −1.43% avg, n=2,498
note Too few of our calls checked 1 closed call on SARO
04
Where the positions sit calls traded strike puts traded
Spot $21.78 highlighted. The $20 strike holds the most open interest (the “wall”, 6,629).
05 Our record on SARO Proof 24 Oct · 4h
$21.78 → $21.78
+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 —
SARO
Mildly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−10.7 evidence
has paid −1.43% · n=2,498
Why it’s −11
−15.0 volume · 38% calls+4.2 OI · 56% 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 50 (51th pct) · quality 56 · 282 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
note Too few of our calls checked 1 closed call on SARO
What traded today · 62%
−15.0 pts
107 calls · 175 puts · bias −24.1
What’s on the books · 38%
+4.2 pts
6,245 call OI · 4,999 put OI · bias +11.1
— price ◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
24 Oct · 4h
$21.78 → $21.78
+0.00% flat
The read flips to bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $20 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about SARO
Not enough tape history on SARO for a weekly brief yet. Ask anything below.
Why is our SARO record what it is? What’s the $20 wall?