SLGN SLGN
$35.81 · scored 08:09 · fresh
Decision brief
BEARISH · 34/100
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 34/100
For the read
options volume favours puts
Against / uncertainty
signal stability is low · evidence confidence is weak
The read
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−36.2 composite
Evidence
34 / 100 · top 90% today
136 contracts · quality 47 · stability 0.00
has paid −0.25% · n=15,572
What traded today · weight 62%
−37.4 pts
27 calls · 19.9% 109 puts
bias −60.3 × 0.62
What’s on the books · weight 38%
+1.2 pts
17 call OI · 51.5% 16 put OI
bias +3.0 × 0.38
Equals
−36.2
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 SLGN 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 34 (10th pct) · quality 47 · 136 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
pass This kind of read has paid strongly bearish · put-heavy · low liquidity → −0.25% avg, n=15,572
note Too few of our calls checked 0 closed calls on SLGN
04
Where the positions sit calls traded strike puts traded
Spot $35.81 highlighted. The $45 strike holds the most open interest (the “wall”, 14). Near-dated expiry in the mix, so OI is noisier.
05 Our record on SLGN Proof We haven’t checked a call on SLGN 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 —
SLGN
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−36.2 evidence
has paid −0.25% · n=15,572
Why it’s −36
−37.4 volume · 20% calls+1.2 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 34 (10th pct) · quality 47 · 136 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
note Too few of our calls checked 0 closed calls on SLGN
What traded today · 62%
−37.4 pts
27 calls · 109 puts · bias −60.3
What’s on the books · 38%
+1.2 pts
17 call OI · 16 put OI · bias +3.0
— 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 $45 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about SLGN
Not enough tape history on SLGN for a weekly brief yet. Ask anything below.
Why is our SLGN record what it is? What’s the $45 wall?