STEP
STEP
$42.42 · +0.00% vs $42.42 close · scored 04:27 · stale
Decision brief
NEUTRAL · 36/100
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 36/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Neutral, thinly evidenced.
−100 bearish0bullish +100
−7.1 composite
Evidence
36 / 100 · top 85% today
11 contracts · quality 72 · stability 0.00
neutral · −0.62% · n=2,034
What traded today · weight 62%
−39.5 pts
2 calls · 18.2%9 puts
bias −63.6 × 0.62
What’s on the books · weight 38%
+32.4 pts
11,852 call OI · 92.6%944 put OI
bias +85.2 × 0.38
Equals
−7.1
55% of the score comes from today’s volume, 45% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring STEP 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?
againstThin evidenceconfidence 36 (15th pct) · quality 72 · 11 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 80
noteNeutral reads make no callneutral · put-heavy · low liquidity → −0.62% avg, n=2,034
noteToo few of our calls checked1 closed call on STEP
04
Where the positions sit
calls tradedstrikeputs traded
Spot $42.42 highlighted. The $65 strike holds the most open interest (the “wall”, 10,068).
05Our record on STEP
Proof
22 Oct · 4h
$42.42 → $42.42
+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 —
STEP
Neutral, thinly evidenced.
−100 bearish0bullish +100
−7.1evidence 36
neutral · −0.62% · n=2,034
Why it’s −7
−39.5 volume · 18% calls+32.4 OI · 93% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
againstThin evidence
confidence 36 (15th pct) · quality 72 · 11 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 80
noteNeutral reads make no call
neutral · put-heavy · low liquidity → −0.62% avg, n=2,034
noteToo few of our calls checked
1 closed call on STEP
What traded today · 62%
−39.5 pts
2 calls · 9 puts · bias −63.6
What’s on the books · 38%
+32.4 pts
11,852 call OI · 944 put OI · bias +85.2
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
22 Oct · 4h
$42.42 → $42.42
+0.00%flat
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $65 wallprice · above
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about STEP
Not enough tape history on STEP for a weekly brief yet. Ask anything below.