TRIP
TRIP
$9.45 · +0.00% vs $9.45 close · scored 19:43 · stale
Decision brief
BEARISH · 53/100
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 53/100
For the read
options volume favours puts
Against / uncertainty
open interest leans against the read · signal stability is low
The read
Strongly bearish, moderately evidenced.
−100 bearish0bullish +100
−35.3 composite
Evidence
53 / 100 · top 41% today
2,507 contracts · quality 65 · stability 0.00
has paid −0.78% · n=7,003
What traded today · weight 62%
−42.4 pts
396 calls · 15.8%2,111 puts
bias −68.4 × 0.62
What’s on the books · weight 38%
+7.1 pts
4,054 call OI · 59.4%2,774 put OI
bias +18.7 × 0.38
Equals
−35.3
86% of the score comes from today’s volume, 14% from open interest. Disagree with either?
See the method.
tape composite (bars)— price◆ big one-day moves
NO HISTORY YET
We started scoring TRIP 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?
noteSome evidence, not a lotconfidence 53 (59th pct) · quality 65 · 2,507 contracts
noteJumpy0.00 vs 7-day rolling · choppiness 74
passThis kind of read has paidstrongly bearish · put-heavy · low liquidity → −0.78% avg, n=7,003
noteToo few of our calls checked1 closed call on TRIP
04
Where the positions sit
calls tradedstrikeputs traded
Spot $9.45 highlighted. The $8 strike holds the most open interest (the “wall”, 2,293). Near-dated expiry in the mix, so OI is noisier.
05Our record on TRIP
Proof
23 Oct · 4h
$9.45 → $9.45
+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 —
TRIP
Strongly bearish, moderately evidenced.
−100 bearish0bullish +100
−35.3evidence 53
has paid −0.78% · n=7,003
Why it’s −35
−42.4 volume · 16% calls+7.1 OI · 59% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
noteSome evidence, not a lot
confidence 53 (59th pct) · quality 65 · 2,507 contracts
noteJumpy
0.00 vs 7-day rolling · choppiness 74
noteToo few of our calls checked
1 closed call on TRIP
What traded today · 62%
−42.4 pts
396 calls · 2,111 puts · bias −68.4
What’s on the books · 38%
+7.1 pts
4,054 call OI · 2,774 put OI · bias +18.7
tape composite (bars)— price◆ big one-day moves
Not enough tape history to draw this yet.
0% hit rate · 1 closed
23 Oct · 4h
$9.45 → $9.45
+0.00%flat
The read flips to bullishcomposite · crosses 0
Evidence drops below 60conf · below
Price reaches the $8 wallprice · below
3 days before earningsnot yet · earnings
Score moves ≥10 in a daynot yet · delta
Ask about TRIP
Not enough tape history on TRIP for a weekly brief yet. Ask anything below.