WAY WAY
$26.87 · scored 07:58 · fresh
Decision brief
BEARISH · 41/100
What changed
No prior comparable read.
Evidence is current.
What would change the view
composite rises above -15 · confidence deteriorates materially from 41/100
For the read
options volume favours puts · open interest agrees with the read
Against / uncertainty
signal stability is low · evidence confidence is weak
The read
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−38.1 composite
Evidence
41 / 100 · top 74% today
242 contracts · quality 54 · stability 0.00
has paid −0.25% · n=15,572
What traded today · weight 62%
−14.3 pts
93 calls · 38.4% 149 puts
bias −23.1 × 0.62
What’s on the books · weight 38%
−23.8 pts
6 call OI · 18.8% 26 put OI
bias −62.5 × 0.38
Equals
−38.1
38% of the score comes from today’s volume, 62% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves
NO HISTORY YET
We started scoring WAY 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 41 (26th pct) · quality 54 · 242 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
pass This kind of read has paid strongly bearish · put-heavy · low liquidity → −0.25% avg, n=15,572
note Too few of our calls checked 0 closed calls on WAY
04
Where the positions sit calls traded strike puts traded
Spot $26.87 highlighted. The $17.50 strike holds the most open interest (the “wall”, 11). Near-dated expiry in the mix, so OI is noisier.
We haven’t checked a call on WAY 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 —
WAY
Strongly bearish, thinly evidenced .
−100 bearish 0 bullish +100
−38.1 evidence
has paid −0.25% · n=15,572
Why it’s −38
−14.3 volume · 38% calls−23.8 OI · 19% calls
1 days · tape bars, price line
Not enough tape history to draw this yet.
Should you trust it?
against Thin evidence confidence 41 (26th pct) · quality 54 · 242 contracts
note Jumpy 0.00 vs 7-day rolling · choppiness 50
note Too few of our calls checked 0 closed calls on WAY
What traded today · 62%
−14.3 pts
93 calls · 149 puts · bias −23.1
What’s on the books · 38%
−23.8 pts
6 call OI · 26 put OI · bias −62.5
— 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 $17.5 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about WAY
Not enough tape history on WAY for a weekly brief yet. Ask anything below.
Why is our WAY record what it is? What’s the $17.5 wall?