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 bearish 0 bullish +100
−35.3 composite
Evidence
53 / 100 · top 42% 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.
— 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? note Some evidence, not a lot confidence 53 (58th pct) · quality 65 · 2,507 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 74
pass This kind of read has paid strongly bearish · put-heavy · low liquidity → −0.78% avg, n=7,003
note Too few of our calls checked 1 closed call on TRIP
04
Where the positions sit calls traded strike puts 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.
05 Our 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 bearish 0 bullish +100
−35.3 evidence
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?
note Some evidence, not a lot confidence 53 (58th pct) · quality 65 · 2,507 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 74
note Too 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
— 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 bullish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $8 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about TRIP
Not enough tape history on TRIP for a weekly brief yet. Ask anything below.
Why is our TRIP record what it is? What’s the $8 wall?