THC THC
$271.60 · scored 08:10 · fresh
Decision brief
NEUTRAL · 44/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite leaves the neutral band · confidence deteriorates materially from 44/100
For the read
options volume favours calls
Against / uncertainty
open interest leans against the read · signal stability is low · evidence confidence is weak
The read
Mildly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+13.9 composite
Evidence
44 / 100 · top 66% today
848 contracts · quality 75 · stability 0.00
hasn’t paid −0.98% · n=6,953
What traded today · weight 62%
+20.0 pts
561 calls · 66.2% 287 puts
bias +32.3 × 0.62
What’s on the books · weight 38%
−6.2 pts
260 call OI · 41.9% 361 put OI
bias −16.3 × 0.38
Equals
+13.9
76% of the score comes from today’s volume, 24% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring THC 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 44 (34th pct) · quality 75 · 848 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
against This kind of read hasn’t paid mildly bullish · call-heavy · low liquidity → −0.98% avg, n=6,953
note Too few of our calls checked 0 closed calls on THC
04
Where the positions sit calls traded strike puts traded
Spot $271.60 highlighted. The $75 strike holds the most open interest (the “wall”, 92). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on THC 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 —
THC
Mildly bullish, thinly evidenced .
−100 bearish 0 bullish +100
+13.9 evidence
hasn’t paid −0.98% · n=6,953
Why it’s +14
+20.0 volume · 66% calls−6.2 OI · 42% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 44 (34th pct) · quality 75 · 848 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 80
against This kind of read hasn’t paid mildly bullish · call-heavy · low liquidity → −0.98% avg, n=6,953
note Too few of our calls checked 0 closed calls on THC
What traded today · 62%
+20.0 pts
561 calls · 287 puts · bias +32.3
What’s on the books · 38%
−6.2 pts
260 call OI · 361 put OI · bias −16.3
— 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 $75 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about THC
Not enough tape history on THC for a weekly brief yet. Ask anything below.
Why is our THC record what it is? What’s the $75 wall?