TRU-SENTIMENT · DeltaNeutral
ESTC Trading Analysis - 10/23/2026 04:21 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
ESTC (Elastic N.V.) at $102.24. True Sentiment Bullish, delta 40-60 call 94% / put 6%, call $311,990 vs put $19,900. RSI 56.0.
- Symbol
- ESTC
- Price
- $102.24
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-10-23 16:21:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options)From the True Sentiment options data (methodology: Delta 40-60 only):
Call Dollar Volume: 311,990.00 (94.00%) Put Dollar Volume: 19,900.00 (6.00%) Total: 331,890.00
Sentiment is Bullish. Call contracts 315 vs put contracts 14, with 10 call trades and 4 put trades. Pure directional conviction strongly favors calls (94.00% call dollar share). This aligns with the bullish technical picture and confirms near-term upward expectations. No divergence is present between sentiment and price action.
Key Statistics: ESTC
Fundamental Snapshot
Valuation
| P/E (trailing) | 26.50 |
| EPS (trailing 12 mo) | $3.61 |
| Market cap | $10.77B |
| Shares outstanding | 105.0M |
Dividend
| Dividend yield | 0.00% |
Risk & range
| Beta | 1.77 |
| 52-week low | $42.05 |
| 52-week high | $108.00 |
| Historical volatility | 41.6% |
Ownership & trading
| Institutional ownership | 57.1% |
| Average daily volume | 1.8M sh |
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