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How to Read a Card

Every M2M setup card follows the same structure. Here is what each field means and how to use it.

A complete card, annotated

Click any i chip to read what that field means. The card below is a SAMPLE for illustration — not a live recommendation.

Sample setup — not a recommendationGenerated 8:30 AM ET (illustrative)
NVDABullishUnusual Options Activity
Quality
84/100
Confidence
A 72%B 78%C +0.42
Headline: min(A, B) capped — 72%
Entry
$924–$928
Stop
▼ $908
Target
▲ $968
R:R
2.3:1
RegimeTRENDING_CALM
Options Flow$8M sweep · 5.2x vol/OI
Short Interest2.1% · 1.2 days
TechnicalsRSI 58 · MACD bull · ATR 18
Historical edge31W/16L · win rate 66% · avg R +0.84 · n=47 since Jan 2024

Card anatomy

Ticker & Direction

The stock symbol and whether the setup is bullish (calls) or bearish (puts). Both directions are evaluated under the same gates. As of 2026-05-15 bear-direction setups are in shadow mode — visible and tracked, but paper-traded only until our re-backtest gate clears.

Signal Type

Which detector triggered the card: unusual options activity (UOA), unusual short interest, swing setup, reversal, or squeeze. Each detector has its own backtest history and validation gate status.

Setup Score

A 0–100 composite of six factors: signal strength, short interest alignment, technical structure, options quality, risk/reward, and catalyst presence. Only scores above 65 with 4+ factors above midpoint are published. Used on scanner setups; distinct from Flow Score on live alerts.

Confidence (A / B / C)

Three numbers: Probability of Profit (A), Edge Confidence (B), and Expected Value (C). See "How Confidence Works" for the full explanation. The headline confidence is min(A, B), capped at 88% — but if C (expected value) is zero or negative, the card is suppressed entirely rather than published with a misleading headline.

Entry & Exit

Suggested entry price range, stop loss, and target. The stop is set using ATR (Average True Range) — volatile stocks get wider stops, stable ones get tighter ones. Entry executes at next-day open, not same-bar.

Risk/Reward

The ratio of potential profit to potential loss, given the entry and stop. A 2:1 R/R means the target is twice as far from entry as the stop. M2M filters out setups with poor R/R even if other factors are strong.

Regime

The current market regime when the card was generated. M2M classifies the market into states using SPY trend and momentum. Cards generated during unfavorable regimes may be suppressed.

Options Flow

Summary of unusual options activity: sweep orders, blocks, vol/OI ratio. Shows whether institutional-sized positioning supports the direction. Flow data comes from real-time options tape, not estimates.

Short Interest

Current SI percentage, days to cover, and cost to borrow. High SI with high borrow cost creates squeeze potential. SI figures combine short-interest and short-volume data, cached for 24 hours.

Technicals

Key technical levels: SMA alignment, RSI, MACD, Bollinger Band position, ATR. All computed from scratch using daily bars — no third-party TA library.

Shadow / Live

Whether the card is in shadow mode (visible only to the M2M team for validation) or live (visible to users). New specialists start in shadow mode for at least 30 days. Cards do not go live until the calibration audit confirms the specialist is calibrated.

What cards don't tell you

  • Position sizing — that depends on your account size, risk tolerance, and portfolio allocation. M2M does not give sizing advice.
  • When to exit early — M2M sets mechanical entry/exit levels. Discretionary exits based on news or market context are your responsibility.
  • Correlation risk — taking five cards in the same sector is effectively one bet. M2M does not manage portfolio-level correlation.