TER TER
$383.85 · scored 08:07 · fresh
Decision brief
NEUTRAL · 61/100
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 61/100
For the read
No strong confirming evidence isolated.
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Mildly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−14.1 composite
Evidence
61 / 100 · top 30% today
3,153 contracts · quality 78 · stability 0.00
hasn’t paid +7.88% · n=2,936
What traded today · weight 62%
−0.7 pts
1,559 calls · 49.4% 1,594 puts
bias −1.1 × 0.62
What’s on the books · weight 38%
−13.4 pts
12,670 call OI · 32.4% 26,448 put OI
bias −35.2 × 0.38
Equals
−14.1
5% of the score comes from today’s volume, 95% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring TER 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 61 (70th pct) · quality 78 · 3,153 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bearish · balanced · low liquidity → +7.88% avg, n=2,936
note Too few of our calls checked 0 closed calls on TER
04
Where the positions sit calls traded strike puts traded
Spot $383.85 highlighted. The $235 strike holds the most open interest (the “wall”, 5,239). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on TER 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 —
TER
Mildly bearish, moderately evidenced .
−100 bearish 0 bullish +100
−14.1 evidence
hasn’t paid +7.88% · n=2,936
Why it’s −14
−0.7 volume · 49% calls−13.4 OI · 32% 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 61 (70th pct) · quality 78 · 3,153 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bearish · balanced · low liquidity → +7.88% avg, n=2,936
note Too few of our calls checked 0 closed calls on TER
What traded today · 62%
−0.7 pts
1,559 calls · 1,594 puts · bias −1.1
What’s on the books · 38%
−13.4 pts
12,670 call OI · 26,448 put OI · bias −35.2
— 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 $235 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about TER
Not enough tape history on TER for a weekly brief yet. Ask anything below.
Why is our TER record what it is? What’s the $235 wall?