ZBH Zimmer Biomet Holdings, Inc
$89.20 · +0.36% vs $88.88 close · scored 15:48 · stale
Decision brief
BULLISH · 53/100
What changed
The read is broadly unchanged.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 53/100
For the read
options volume favours calls · open interest agrees with the read
Against / uncertainty
No material contradiction isolated.
The read
Strongly bullish, moderately evidenced , but it’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+49.5 composite┆ +49.6 yesterday (−0.1) +71.7 vs a week ago
Evidence
53 / 100 · top 56% today
481 contracts · quality 67 · stability 0.69
hasn’t paid −0.01% · n=92,310
What traded today · weight 62%
+42.1 pts
404 calls · 84.0% 77 puts
bias +68.0 × 0.62
What’s on the books · weight 38%
+7.4 pts
2,339 call OI · 59.7% 1,580 put OI
bias +19.4 × 0.38
Equals
+49.5
85% of the score comes from today’s volume, 15% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −4.39% · tape −30.2 · corr 0.42
▼ low −22.2 ● peak +50 ◆ +71.8 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $95 $88 Plain English: Over 30 days, price has fallen 4.39% while the tape has faded 30.2 points. They agree.
03
Should you trust it? note Some evidence, not a lot confidence 53 (44th pct) · quality 67 · 481 contracts
note Jumpy 0.69 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=92,310
note Tape is confirming, not predicting price has led ZBH’s tape by 1 day (r=-0.24, n=50)
note Stretched vs its own history today’s tape sits high relative to price
against Our record on ZBH is poor 12% hit rate on 552 closed calls · payoff 0.61×
04
Where the positions sit calls traded strike puts traded
Spot $89.20 highlighted. The $90 strike holds the most open interest (the “wall”, 915). Near-dated expiry in the mix, so OI is noisier.
9 Oct · 4h
$89.20 → $89.20
+0.00% flat
9 Oct · 4h
$89.34 → $89.20
−0.16% miss
9 Oct · 4h
$88.88 → $89.20
+0.36% hit
9 Oct · 4h
$88.88 → $89.20
+0.36% hit
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; 381 of these 552 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Mixed Next report —
P/E 21.34 · fwd 10.53 Beta 0.493
52w $79.12–$106.88 IV rank —
Ask about ZBH answers from FlowDesk data only
You
Why did the score rise from −22 to +50 this week?
FlowDesk
It was mostly one day. The composite was −22.2 on 7 Oct, then rose to +49.7 on 8 Oct as the price moved from $91.69 to $88.49. It’s at +49.5 now.+42.1 from volume and +7.4 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 51 pts stock_scores · 15:48 method · 62/38
Compare with MDT Why is our ZBH record what it is? What’s the $90 wall?
What our data projects
−0.29 points vs the market, next 5 trading days
#484 of 635 · helped by call/put volume tilt. Not trusted yet: context, not a call.
How Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $90 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Zimmer Biomet Holdings, Inc · Health Care
Strongly bullish, moderately evidenced . It’s confirming price rather than calling it.
−100 bearish 0 bullish +100
+49.5 ┆ +49.6 yday evidence
hasn’t paid −0.01% · n=92,310
Why it’s +50
+42.1 volume · 84% calls+7.4 OI · 60% calls
14 days · tape bars, price line
◆ +71.8 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $95 $88 Price −4.39%, tape −30.2 over 30 days. The two agree.
Should you trust it?
note Some evidence, not a lot confidence 53 (44th pct) · quality 67 · 481 contracts
note Jumpy 0.69 vs 7-day rolling · choppiness 50
against This kind of read hasn’t paid strongly bullish · call-heavy · low liquidity → −0.01% avg, n=92,310
note Tape is confirming, not predicting price has led ZBH’s tape by 1 day (r=-0.24, n=50)
What traded today · 62%
+42.1 pts
404 calls · 77 puts · bias +68.0
What’s on the books · 38%
+7.4 pts
2,339 call OI · 1,580 put OI · bias +19.4
— price ◆ big one-day moves 30d: price −4.39% · tape −30.2 · corr 0.42
▼ low −22.2 ● peak +50 ◆ +71.8 in a day 09-26 09-28 09-30 10-02 10-04 10-06 10-08 10-09 $95 $88 Over 30 days, price has fallen 4.39% while the tape has faded 30.2 points. They agree.
12% hit rate · 552 closed
9 Oct · 4h
$89.20 → $89.20
+0.00% flat
9 Oct · 4h
$89.34 → $89.20
−0.16% miss
9 Oct · 4h
$88.88 → $89.20
+0.36% hit
9 Oct · 4h
$88.88 → $89.20
+0.36% hit
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $90 wall price · above
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about ZBH
Why did the score rise from −22 to +50 this week?
It was mostly one day. The composite was −22.2 on 7 Oct, then rose to +49.7 on 8 Oct as the price moved from $91.69 to $88.49. It’s at +49.5 now.+42.1 from volume and +7.4 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 51 pts stock_scores · 15:48 method · 62/38
Compare with MDT Why is our ZBH record what it is? What’s the $90 wall?