{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6118, "result_count": 6053, "page": 1, "pages": 505, "filters": {"q": "", "ticker": "", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 6053, "avg_conviction": 41.90683462745746, "avg_conviction_label": "41.9", "bullish": 1842, "bearish": 662, "volatility": 1515, "mixed": 2034, "leader": "CEPU", "leader_score": "78", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [{"ticker__sector": "Healthcare", "count": 693, "avg_score": "46.97350649350649350649350649", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "industry_url": "", "bar_width": 100.0}, {"ticker__sector": "Technology", "count": 561, "avg_score": "45.73627450980392156862745098", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 81.0}, {"ticker__sector": "Financial Services", "count": 560, "avg_score": "43.014125", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "industry_url": "", "bar_width": 80.8}, {"ticker__sector": "Industrials", "count": 479, "avg_score": "44.80478079331941544885177453", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 69.1}, {"ticker__sector": "Consumer Cyclical", "count": 385, "avg_score": "44.64181818181818181818181818", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "industry_url": "", "bar_width": 55.6}, {"ticker__sector": "Real Estate", "count": 200, "avg_score": "44.8295", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 28.9}, {"ticker__sector": "Energy", "count": 195, "avg_score": "45.60984615384615384615384615", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "industry_url": "", "bar_width": 28.1}, {"ticker__sector": "Basic Materials", "count": 181, "avg_score": "44.22519337016574585635359116", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "industry_url": "", "bar_width": 26.1}, {"ticker__sector": "Communication Services", "count": 180, "avg_score": "44.21172222222222222222222222", "sector_label": "Communication Services", "industry_label": "", "sector_url": "/structure/us/communication-services/", "industry_url": "", "bar_width": 26.0}, {"ticker__sector": "Consumer Defensive", "count": 150, "avg_score": "42.87593333333333333333333333", "sector_label": "Consumer Defensive", "industry_label": "", "sector_url": "/structure/us/consumer-defensive/", "industry_url": "", "bar_width": 21.6}], "directions": [{"direction": "mixed", "count": 2034, "bar_width": 100.0}, {"direction": "bullish", "count": 1842, "bar_width": 90.6}, {"direction": "volatility", "count": 1515, "bar_width": 74.5}, {"direction": "bearish", "count": 662, "bar_width": 32.5}], "score_bands": [{"slug": "80-plus", "label": "80+", "min": "80", "max": null, "title": "80+ conviction options signals", "summary": "The strongest current options reads, where pressure, participation, volatility context, and trend fit are most aligned.", "count": 0, "url": "/options/conviction/80-plus/", "bar_width": 0.0}, {"slug": "60-79", "label": "60-79", "min": "60", "max": "80", "title": "60-79 conviction options signals", "summary": "Strong options setups with meaningful evidence, usually worth deeper confirmation in the ticker detail and weekly chart.", "count": 247, "url": "/options/conviction/60-79/", "bar_width": 7.6}, {"slug": "40-59", "label": "40-59", "min": "40", "max": "60", "title": "40-59 conviction options signals", "summary": "Developing options reads where the tape is active, but one or more confirmation layers still need context.", "count": 3250, "url": "/options/conviction/40-59/", "bar_width": 100.0}, {"slug": "under-40", "label": "<40", "min": null, "max": "40", "title": "Under 40 conviction options signals", "summary": "Early, mixed, or lower-conviction options reads that can still be useful as watchlist context.", "count": 2556, "url": "/options/conviction/under-40/", "bar_width": 78.6}]}, "signals": [{"symbol": "CEPU", "name": "Central Puerto S.A.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Utilities", "industry": "Utilities - Regulated Electric", "sector_url": "https://sharemaestro.com/structure/us/utilities/", "industry_url": "https://sharemaestro.com/structure/us/utilities/utilities-regulated-electric/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 78.06, "options_pressure_score": -100.0, "trend_confirmation_score": 40.17, "speculation_score": 72.8, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "CEPU shows volatility options pressure with a 78/100 conviction score, put-call volume ratio of n/a, expected move of 10.8%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T13:23:10.753597+00:00", "snapshot": {"fetched_at": "2026-09-17T13:23:10.753597+00:00", "underlying_price": 14.13, "total_contracts": 84, "call_contracts": 42, "put_contracts": 42, "call_volume": 0, "put_volume": 6261, "call_open_interest": 543, "put_open_interest": 3886, "put_call_volume_ratio": null, "put_call_open_interest_ratio": 7.15653775, "volume_open_interest_ratio": 1.41363739, "avg_implied_volatility": 2.189215, "max_pain_strike": 12.5, "expected_move_percent": 10.82802548, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 14.13, "one_week_change": 0.6410256410256411, "one_week_change_label": "+0.6%", "relative_strength": -10.370992, "fair_value_gap_label": "+21.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Fresh flow", "value": "1.41", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "10.8%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "1.41", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "40/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 60.0, "score_label": "60/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-100"}, {"label": "1W price", "value": "+0.6%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 3130, "open_interest": 20, "premium": 618175.0, "premium_label": "$618,175", "premium_share": 95.16123569906775, "weighted_strike": 12.5, "avg_iv": 0.648033, "max_voi": 313.0, "why": "puts cluster with 3130 contracts traded, $618,175 estimated gross traded notional, and 95% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 3130, "open_interest": 3756, "premium": 31300.0, "premium_label": "$31,300", "premium_share": 4.818290415142671, "weighted_strike": 12.5, "avg_iv": 1.109486, "max_voi": 0.91896653, "why": "puts cluster with 3130 contracts traded, $31,300 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 1, "premium": 133.0, "premium_label": "$133", "premium_share": 0.02047388578958387, "weighted_strike": 15.0, "avg_iv": 5.076545, "max_voi": 1.0, "why": "puts cluster with 1 contracts traded, $133 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $649,608 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/10183d6d-a1e5-430b-bac8-8b3978f7091b/", "research_links": {"chart": "/terminal/10183d6d-a1e5-430b-bac8-8b3978f7091b/", "report": "/terminal/10183d6d-a1e5-430b-bac8-8b3978f7091b/report/", "factor": "/factors/ticker/10183d6d-a1e5-430b-bac8-8b3978f7091b/"}}, {"symbol": "PHIN", "name": "PHINIA Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Auto Parts", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/auto-parts/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 77.53, "options_pressure_score": -100.0, "trend_confirmation_score": 40.03, "speculation_score": 70.55, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "PHIN shows volatility options pressure with a 78/100 conviction score, put-call volume ratio of 34.49, expected move of 12.1%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-16T19:52:09.408117+00:00", "snapshot": {"fetched_at": "2026-09-16T19:52:09.408117+00:00", "underlying_price": 66.24, "total_contracts": 42, "call_contracts": 26, "put_contracts": 16, "call_volume": 43, "put_volume": 1483, "call_open_interest": 67, "put_open_interest": 1092, "put_call_volume_ratio": 34.48837209, "put_call_open_interest_ratio": 16.29850746, "volume_open_interest_ratio": 1.31665229, "avg_implied_volatility": 1.75220103, "max_pain_strike": 70.0, "expected_move_percent": 12.07729469, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 66.24, "one_week_change": -4.055619930475087, "one_week_change_label": "-4.1%", "relative_strength": -10.065197, "fair_value_gap_label": "+33.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Fresh flow", "value": "1.32", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "12.1%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 3% / P 97%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "1.32", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "40/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 69.9, "score_label": "70/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-100"}, {"label": "1W price", "value": "-4.1%"}, {"label": "Call premium", "value": "3%"}, {"label": "Put premium", "value": "97%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 572, "open_interest": 927, "premium": 397150.0, "premium_label": "$397,150", "premium_share": 48.2292172027054, "weighted_strike": 67.49125874125875, "avg_iv": 0.5572554, "max_voi": 12.66666667, "why": "puts cluster with 572 contracts traded, $397,150 estimated gross traded notional, and 48% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 800, "open_interest": 83, "premium": 296000.0, "premium_label": "$296,000", "premium_share": 35.945734085360186, "weighted_strike": 65.0, "avg_iv": 1.25683965, "max_voi": 9.63855422, "why": "puts cluster with 800 contracts traded, $296,000 estimated gross traded notional, and 36% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 46, "open_interest": 23, "premium": 57390.0, "premium_label": "$57,390", "premium_share": 6.969343510671694, "weighted_strike": 80.8695652173913, "avg_iv": 1e-05, "max_voi": 4.0, "why": "puts cluster with 46 contracts traded, $57,390 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 12, "open_interest": 5, "premium": 18175.0, "premium_label": "$18,175", "premium_share": 2.207140935815613, "weighted_strike": 76.45833333333333, "avg_iv": 1.319338295, "max_voi": 0.4, "why": "puts cluster with 12 contracts traded, $18,175 estimated gross traded notional, and 2% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 4, "open_interest": 1, "premium": 14340.0, "premium_label": "$14,340", "premium_share": 1.7414250904867064, "weighted_strike": 42.5, "avg_iv": 1.086310995, "max_voi": 0.0, "why": "calls cluster with 4 contracts traded, $14,340 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $823,464 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 atm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/b0507cf7-8402-4a08-a2b9-9069b63ad0d8/", "research_links": {"chart": "/terminal/b0507cf7-8402-4a08-a2b9-9069b63ad0d8/", "report": "/terminal/b0507cf7-8402-4a08-a2b9-9069b63ad0d8/report/", "factor": "/factors/ticker/b0507cf7-8402-4a08-a2b9-9069b63ad0d8/"}}, {"symbol": "KPDD", "name": "KRANESHARES 2X LONG PDD DAILY ETF", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 76.46, "options_pressure_score": -96.36, "trend_confirmation_score": 52.18, "speculation_score": 58.28, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "KPDD shows volatility options pressure with a 76/100 conviction score, put-call volume ratio of 11.79, expected move of 40.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-16T19:37:45.881118+00:00", "snapshot": {"fetched_at": "2026-09-16T19:37:45.881118+00:00", "underlying_price": 4.565, "total_contracts": 47, "call_contracts": 29, "put_contracts": 18, "call_volume": 253, "put_volume": 2982, "call_open_interest": 1158, "put_open_interest": 2948, "put_call_volume_ratio": 11.78656126, "put_call_open_interest_ratio": 2.54576857, "volume_open_interest_ratio": 0.78787141, "avg_implied_volatility": 3.34598509, "max_pain_strike": 5.0, "expected_move_percent": 39.97809419, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 4.565, "one_week_change": -10.700312989045383, "one_week_change_label": "-10.7%", "relative_strength": -57.872651, "fair_value_gap_label": "-57.2%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "0.79", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "40.0%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 1% / P 99%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.79", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "52/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 86.0, "score_label": "86/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-96"}, {"label": "1W price", "value": "-10.7%"}, {"label": "Call premium", "value": "1%"}, {"label": "Put premium", "value": "99%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 2955, "open_interest": 1577, "premium": 758480.0, "premium_label": "$758,480", "premium_share": 98.47742230335481, "weighted_strike": 8.141793570219965, "avg_iv": 0.526567236, "max_voi": 2.78481013, "why": "puts cluster with 2955 contracts traded, $758,480 estimated gross traded notional, and 98% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 103, "open_interest": 552, "premium": 3217.5, "premium_label": "$3,218", "premium_share": 0.41774484002352613, "weighted_strike": 6.271844660194175, "avg_iv": 0.8668656483333333, "max_voi": 1.0, "why": "calls cluster with 103 contracts traded, $3,218 estimated gross traded notional, and 0% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 5, "open_interest": 1346, "premium": 2805.0, "premium_label": "$2,805", "premium_share": 0.3641878092512792, "weighted_strike": 10.4, "avg_iv": 1.0874594255555556, "max_voi": 1.0, "why": "puts cluster with 5 contracts traded, $2,805 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 100, "open_interest": 60, "premium": 2310.0, "premium_label": "$2,310", "premium_share": 0.2999193723245829, "weighted_strike": 6.29, "avg_iv": 3.58203438, "max_voi": 7.0, "why": "calls cluster with 100 contracts traded, $2,310 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 8, "open_interest": 59, "premium": 1295.0, "premium_label": "$1,295", "premium_share": 0.16813661781832676, "weighted_strike": 3.25, "avg_iv": 0.4794957266666667, "max_voi": 1.0, "why": "calls cluster with 8 contracts traded, $1,295 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $770,207 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/214ff17b-0212-48c7-bdb9-59f6a0fefd87/", "research_links": {"chart": "/terminal/214ff17b-0212-48c7-bdb9-59f6a0fefd87/", "report": "", "factor": ""}}, {"symbol": "TCBI", "name": "Texas Capital Bancshares, Inc.", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Regional", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-regional/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 76.21, "options_pressure_score": -91.38, "trend_confirmation_score": 46.95, "speculation_score": 91.61, "volatility_score": 54.68, "edge_label": "Speculative participation surge", "insight": "TCBI shows bearish options pressure with a 76/100 conviction score, put-call volume ratio of n/a, expected move of 6.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T10:48:13.468382+00:00", "snapshot": {"fetched_at": "2026-09-17T10:48:13.468382+00:00", "underlying_price": 99.09, "total_contracts": 168, "call_contracts": 84, "put_contracts": 84, "call_volume": 0, "put_volume": 1001, "call_open_interest": 351, "put_open_interest": 99, "put_call_volume_ratio": null, "put_call_open_interest_ratio": 0.28205128, "volume_open_interest_ratio": 2.22444444, "avg_implied_volatility": 0.41121, "max_pain_strike": 75.0, "expected_move_percent": 6.4739126, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 99.09, "one_week_change": 0.4562043795620438, "one_week_change_label": "+0.5%", "relative_strength": -6.293063, "fair_value_gap_label": "+27.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Fresh flow", "value": "2.22", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "6.5%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 94, "confidence_label": "94/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "2.22", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "47/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Bearish flow before price confirmation", "tone": "negative", "score": 59.0, "score_label": "59/100", "summary": "Put-side pressure is present before a decisive weekly price breakdown.", "metrics": [{"label": "Options pressure", "value": "-91"}, {"label": "1W price", "value": "+0.5%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 1001, "open_interest": 3, "premium": 252752.5, "premium_label": "$252,752", "premium_share": 100.0, "weighted_strike": 95.0, "avg_iv": 0.404136, "max_voi": 500.5, "why": "puts cluster with 1001 contracts traded, $252,752 estimated gross traded notional, and 100% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $252,752 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 otm, and a bearish flow before price confirmation backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/a0a68930-0c47-4a9e-b2da-39c6ac97e60f/", "research_links": {"chart": "/terminal/a0a68930-0c47-4a9e-b2da-39c6ac97e60f/", "report": "/terminal/a0a68930-0c47-4a9e-b2da-39c6ac97e60f/report/", "factor": "/factors/ticker/a0a68930-0c47-4a9e-b2da-39c6ac97e60f/", "insider": "/insider-activity/company/tcbi/"}}, {"symbol": "RCON", "name": "Recon Technology Ltd", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Equipment & Services", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-equipment-services/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 73.42, "options_pressure_score": -72.74, "trend_confirmation_score": 94.23, "speculation_score": 61.33, "volatility_score": 48.75, "edge_label": "Options-confirmed trend", "insight": "RCON shows bearish options pressure with a 73/100 conviction score, put-call volume ratio of 12.11, expected move of 80.2%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T11:11:27.488958+00:00", "snapshot": {"fetched_at": "2026-09-17T11:11:27.488958+00:00", "underlying_price": 3.08, "total_contracts": 11, "call_contracts": 4, "put_contracts": 7, "call_volume": 19, "put_volume": 230, "call_open_interest": 12, "put_open_interest": 0, "put_call_volume_ratio": 12.10526316, "put_call_open_interest_ratio": 0.0, "volume_open_interest_ratio": 20.75, "avg_implied_volatility": 0.12500875, "max_pain_strike": 2.5, "expected_move_percent": 80.19480519, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 3.08, "one_week_change": -39.84375, "one_week_change_label": "-39.8%", "relative_strength": -98.81266, "fair_value_gap_label": "-99.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "20.75", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "80.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "94", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 94, "confidence_label": "94/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "20.75", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "94/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Bearish flow confirms price", "tone": "negative", "score": 100, "score_label": "100/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-73"}, {"label": "1W price", "value": "-39.8%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 219, "open_interest": 0, "premium": 157500.0, "premium_label": "$157,500", "premium_share": 98.28577134049311, "weighted_strike": 7.28310502283105, "avg_iv": 1e-05, "max_voi": 0.0, "why": "puts cluster with 219 contracts traded, $157,500 estimated gross traded notional, and 98% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 OTM", "tone": "negative", "volume": 8, "open_interest": 0, "premium": 1960.0, "premium_label": "$1,960", "premium_share": 1.2231118211261365, "weighted_strike": 2.5, "avg_iv": 1e-05, "max_voi": 0.0, "why": "puts cluster with 8 contracts traded, $1,960 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 3, "open_interest": 0, "premium": 735.0, "premium_label": "$735", "premium_share": 0.4586669329223012, "weighted_strike": 2.5, "avg_iv": 1e-05, "max_voi": 0.0, "why": "puts cluster with 3 contracts traded, $735 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 14, "open_interest": 0, "premium": 42.0, "premium_label": "$42", "premium_share": 0.026209539024131496, "weighted_strike": 2.5, "avg_iv": 0.2500075, "max_voi": 0.0, "why": "calls cluster with 14 contracts traded, $42 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 5, "open_interest": 12, "premium": 10.0, "premium_label": "$10", "premium_share": 0.006240366434317023, "weighted_strike": 2.5, "avg_iv": 0.500005, "max_voi": 0.41666667, "why": "calls cluster with 5 contracts traded, $10 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $160,247 of estimated gross traded notional, puts \u00b7 0-7 days \u00b7 itm, and a bearish flow confirms price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/915717be-1b98-4ef5-9a94-4e4eac35c924/", "research_links": {"chart": "", "report": "", "factor": "/factors/ticker/915717be-1b98-4ef5-9a94-4e4eac35c924/"}}, {"symbol": "INGM", "name": "Ingram Micro Holding Corporation", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Information Technology Services", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/information-technology-services/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 73.07, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 98.0, "volatility_score": 95.06, "edge_label": "Volatility expansion watch", "insight": "INGM shows volatility options pressure with a 73/100 conviction score, put-call volume ratio of 0.00, expected move of 9.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-09-17T21:48:37.561943+00:00", "snapshot": {"fetched_at": "2026-09-17T21:48:37.561943+00:00", "underlying_price": 27.55, "total_contracts": 32, "call_contracts": 20, "put_contracts": 12, "call_volume": 10979, "put_volume": 19, "call_open_interest": 1729, "put_open_interest": 367, "put_call_volume_ratio": 0.00173058, "put_call_open_interest_ratio": 0.21226142, "volume_open_interest_ratio": 5.2471374, "avg_implied_volatility": 1.80524729, "max_pain_strike": 25.0, "expected_move_percent": 9.76406534, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 27.55, "one_week_change": -4.472954230235784, "one_week_change_label": "-4.5%", "relative_strength": 3.945257, "fair_value_gap_label": "+23.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "5.25", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "9.8%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 99% / P 1%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "5.25", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 76.1, "score_label": "76/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "-4.5%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 10929, "open_interest": 406, "premium": 546157.5, "premium_label": "$546,158", "premium_share": 97.40723566288267, "weighted_strike": 30.00731997438009, "avg_iv": 0.791508585, "max_voi": 30.76056338, "why": "calls cluster with 10929 contracts traded, $546,158 estimated gross traded notional, and 97% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 5, "open_interest": 46, "premium": 5507.5, "premium_label": "$5,508", "premium_share": 0.9822630842079919, "weighted_strike": 18.0, "avg_iv": 0.319928676, "max_voi": 1.0, "why": "calls cluster with 5 contracts traded, $5,508 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 5, "open_interest": 28, "premium": 2690.0, "premium_label": "$2,690", "premium_share": 0.4797617242886061, "weighted_strike": 22.0, "avg_iv": 2.0742206066666666, "max_voi": 2.0, "why": "calls cluster with 5 contracts traded, $2,690 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 19, "open_interest": 58, "premium": 1423.0, "premium_label": "$1,423", "premium_share": 0.2537921686478388, "weighted_strike": 34.73684210526316, "avg_iv": 0.5709678333333333, "max_voi": 0.93333333, "why": "calls cluster with 19 contracts traded, $1,423 estimated gross traded notional, and 0% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 5, "open_interest": 5, "premium": 1325.0, "premium_label": "$1,325", "premium_share": 0.23631386047672978, "weighted_strike": 30.0, "avg_iv": 2.89062777, "max_voi": 1.0, "why": "puts cluster with 5 contracts traded, $1,325 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $560,695 of estimated gross traded notional, calls \u00b7 22-45 days \u00b7 otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/f2603a04-e2ee-4be5-971e-6b92c7715c07/", "research_links": {"chart": "/terminal/f2603a04-e2ee-4be5-971e-6b92c7715c07/", "report": "/terminal/f2603a04-e2ee-4be5-971e-6b92c7715c07/report/", "factor": "/factors/ticker/f2603a04-e2ee-4be5-971e-6b92c7715c07/"}}, {"symbol": "USGG", "name": "Leverage Shares 2X Long USAR Daily ETF", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 72.0, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 94.05, "volatility_score": 93.08, "edge_label": "Volatility expansion watch", "insight": "USGG shows volatility options pressure with a 72/100 conviction score, put-call volume ratio of 0.03, expected move of 9.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-16T18:09:39.801338+00:00", "snapshot": {"fetched_at": "2026-09-16T18:09:39.801338+00:00", "underlying_price": 5.07, "total_contracts": 84, "call_contracts": 55, "put_contracts": 29, "call_volume": 1942, "put_volume": 64, "call_open_interest": 678, "put_open_interest": 183, "put_call_volume_ratio": 0.03295572, "put_call_open_interest_ratio": 0.2699115, "volume_open_interest_ratio": 2.32984901, "avg_implied_volatility": 2.73242436, "max_pain_strike": 6.0, "expected_move_percent": 9.27021696, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 5.07, "one_week_change": -22.713414634146343, "one_week_change_label": "-22.7%", "relative_strength": null, "fair_value_gap_label": "-59.8%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "2.33", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "9.3%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 78% / P 22%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "2.33", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 100, "score_label": "100/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "-22.7%"}, {"label": "Call premium", "value": "78%"}, {"label": "Put premium", "value": "22%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 0-7 days \u00b7 ATM", "tone": "positive", "volume": 1501, "open_interest": 26, "premium": 30020.0, "premium_label": "$30,020", "premium_share": 41.34758415514297, "weighted_strike": 5.0, "avg_iv": 1.37500312, "max_voi": 57.73076923, "why": "calls cluster with 1501 contracts traded, $30,020 estimated gross traded notional, and 41% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 75, "open_interest": 153, "premium": 12615.0, "premium_label": "$12,615", "premium_share": 17.375075753402015, "weighted_strike": 10.693333333333333, "avg_iv": 2.5337199636842107, "max_voi": 3.18181818, "why": "calls cluster with 75 contracts traded, $12,615 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 14, "open_interest": 46, "premium": 6160.0, "premium_label": "$6,160", "premium_share": 8.484381025838797, "weighted_strike": 9.214285714285714, "avg_iv": 4.796877468571428, "max_voi": 2.0, "why": "puts cluster with 14 contracts traded, $6,160 estimated gross traded notional, and 8% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 35, "open_interest": 1, "premium": 5075.0, "premium_label": "$5,075", "premium_share": 6.989973004242191, "weighted_strike": 5.0, "avg_iv": 1.70312648, "max_voi": 35.0, "why": "puts cluster with 35 contracts traded, $5,075 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 320, "open_interest": 418, "premium": 4980.0, "premium_label": "$4,980", "premium_share": 6.859126218941105, "weighted_strike": 11.971875, "avg_iv": 5.777780252222223, "max_voi": 0.99667774, "why": "calls cluster with 320 contracts traded, $4,980 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $72,604 of estimated gross traded notional, calls \u00b7 0-7 days \u00b7 atm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/ab26ee86-1f2f-4680-84ed-3ad3b9ff50dc/", "research_links": {"chart": "/terminal/ab26ee86-1f2f-4680-84ed-3ad3b9ff50dc/", "report": "", "factor": ""}}, {"symbol": "TGS", "name": "Transportadora de Gas del Sur SA ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Integrated", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-integrated/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 71.6, "options_pressure_score": -100.0, "trend_confirmation_score": 38.91, "speculation_score": 54.98, "volatility_score": 73.87, "edge_label": "Volatility expansion watch", "insight": "TGS shows volatility options pressure with a 72/100 conviction score, put-call volume ratio of n/a, expected move of 4.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T12:42:08.067002+00:00", "snapshot": {"fetched_at": "2026-09-17T12:42:08.067002+00:00", "underlying_price": 29.66, "total_contracts": 82, "call_contracts": 41, "put_contracts": 41, "call_volume": 0, "put_volume": 3924, "call_open_interest": 1359, "put_open_interest": 4720, "put_call_volume_ratio": null, "put_call_open_interest_ratio": 3.47314202, "volume_open_interest_ratio": 0.6455009, "avg_implied_volatility": 1.224605, "max_pain_strike": 30.0, "expected_move_percent": 4.46729602, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 29.66, "one_week_change": 2.099827882960413, "one_week_change_label": "+2.1%", "relative_strength": -7.569345, "fair_value_gap_label": "+24.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Fresh flow", "value": "0.65", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Pin watch", "value": "-1.1%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 81.0, "confidence_label": "81/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.65", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "39/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 61.2, "score_label": "61/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-100"}, {"label": "1W price", "value": "+2.1%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 1964, "open_interest": 712, "premium": 405283.0, "premium_label": "$405,283", "premium_share": 91.1807650686303, "weighted_strike": 24.982179226069245, "avg_iv": 0.35828533333333334, "max_voi": 5.52407932, "why": "puts cluster with 1964 contracts traded, $405,283 estimated gross traded notional, and 91% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 1960, "open_interest": 3177, "premium": 39200.0, "premium_label": "$39,200", "premium_share": 8.819234931369703, "weighted_strike": 25.0, "avg_iv": 0.561206, "max_voi": 0.63287052, "why": "puts cluster with 1960 contracts traded, $39,200 estimated gross traded notional, and 9% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $444,483 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 otm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/258a7e2a-4134-48c5-8893-659535bb25c3/", "research_links": {"chart": "/terminal/258a7e2a-4134-48c5-8893-659535bb25c3/", "report": "/terminal/258a7e2a-4134-48c5-8893-659535bb25c3/report/", "factor": "/factors/ticker/258a7e2a-4134-48c5-8893-659535bb25c3/"}}, {"symbol": "OCS", "name": "Oculis Holding AG Ordinary shares", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 70.67, "options_pressure_score": -86.76, "trend_confirmation_score": 60.17, "speculation_score": 40.85, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "OCS shows volatility options pressure with a 71/100 conviction score, put-call volume ratio of 45.00, expected move of 35.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T10:05:41.684381+00:00", "snapshot": {"fetched_at": "2026-09-17T10:05:41.684381+00:00", "underlying_price": 10.56, "total_contracts": 86, "call_contracts": 43, "put_contracts": 43, "call_volume": 1, "put_volume": 45, "call_open_interest": 996, "put_open_interest": 258, "put_call_volume_ratio": 45.0, "put_call_open_interest_ratio": 0.25903614, "volume_open_interest_ratio": 0.03668262, "avg_implied_volatility": 1.9294675, "max_pain_strike": 12.5, "expected_move_percent": 35.3219697, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 10.56, "one_week_change": -13.229252259654888, "one_week_change_label": "-13.2%", "relative_strength": -54.29396, "fair_value_gap_label": "-36.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "35.3%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 2% / P 98%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "60/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 86.1, "score_label": "86/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-87"}, {"label": "1W price", "value": "-13.2%"}, {"label": "Call premium", "value": "2%"}, {"label": "Put premium", "value": "98%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 15, "open_interest": 36, "premium": 4687.5, "premium_label": "$4,688", "premium_share": 78.15756565235515, "weighted_strike": 12.5, "avg_iv": 0.73486, "max_voi": 0.42857143, "why": "puts cluster with 15 contracts traded, $4,688 estimated gross traded notional, and 78% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 OTM", "tone": "negative", "volume": 30, "open_interest": 2, "premium": 1200.0, "premium_label": "$1,200", "premium_share": 20.00833680700292, "weighted_strike": 10.0, "avg_iv": 3.5245475, "max_voi": 30.0, "why": "puts cluster with 30 contracts traded, $1,200 estimated gross traded notional, and 20% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 433, "premium": 110.0, "premium_label": "$110", "premium_share": 1.8340975406419342, "weighted_strike": 10.0, "avg_iv": 0.353895, "max_voi": 0.00248756, "why": "calls cluster with 1 contracts traded, $110 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $5,998 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/99fbd222-96bd-4eb1-a26c-9af2e81f99eb/", "research_links": {"chart": "/terminal/99fbd222-96bd-4eb1-a26c-9af2e81f99eb/", "report": "/terminal/99fbd222-96bd-4eb1-a26c-9af2e81f99eb/report/", "factor": "/factors/ticker/99fbd222-96bd-4eb1-a26c-9af2e81f99eb/"}}, {"symbol": "PSNY", "name": "Polestar Automotive Holding UK PLC Class A ADS", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Auto Manufacturers", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/auto-manufacturers/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 70.56, "options_pressure_score": -78.1, "trend_confirmation_score": 72.64, "speculation_score": 42.15, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "PSNY shows volatility options pressure with a 71/100 conviction score, put-call volume ratio of 6.33, expected move of 21.6%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T10:49:57.302086+00:00", "snapshot": {"fetched_at": "2026-09-17T10:49:57.302086+00:00", "underlying_price": 7.84, "total_contracts": 242, "call_contracts": 121, "put_contracts": 121, "call_volume": 30, "put_volume": 190, "call_open_interest": 968, "put_open_interest": 1401, "put_call_volume_ratio": 6.33333333, "put_call_open_interest_ratio": 1.44731405, "volume_open_interest_ratio": 0.09286619, "avg_implied_volatility": 2.03677875, "max_pain_strike": 13.0, "expected_move_percent": 21.61989796, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 7.84, "one_week_change": -14.875135722041259, "one_week_change_label": "-14.9%", "relative_strength": -62.748923, "fair_value_gap_label": "-76.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "21.6%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "73", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 5% / P 95%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.09", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "73/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 87.4, "score_label": "87/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-78"}, {"label": "1W price", "value": "-14.9%"}, {"label": "Call premium", "value": "5%"}, {"label": "Put premium", "value": "95%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 81, "open_interest": 479, "premium": 38875.0, "premium_label": "$38,875", "premium_share": 48.79502949667378, "weighted_strike": 10.987654320987655, "avg_iv": 1.5836192, "max_voi": 20.0, "why": "puts cluster with 81 contracts traded, $38,875 estimated gross traded notional, and 49% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 84, "open_interest": 381, "premium": 32170.0, "premium_label": "$32,170", "premium_share": 40.37906363750471, "weighted_strike": 10.904761904761905, "avg_iv": 7.5171335294117645, "max_voi": 0.86956522, "why": "puts cluster with 84 contracts traded, $32,170 estimated gross traded notional, and 40% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 17, "open_interest": 91, "premium": 3697.5, "premium_label": "$3,698", "premium_share": 4.641019204217397, "weighted_strike": 6.411764705882353, "avg_iv": 0.6725370588235294, "max_voi": 10.0, "why": "puts cluster with 17 contracts traded, $3,698 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 16, "open_interest": 17, "premium": 2800.0, "premium_label": "$2,800", "premium_share": 3.5144973013681438, "weighted_strike": 7.0, "avg_iv": 0.5221841176470589, "max_voi": 0.0, "why": "calls cluster with 16 contracts traded, $2,800 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 4, "open_interest": 229, "premium": 630.0, "premium_label": "$630", "premium_share": 0.7907618928078323, "weighted_strike": 13.0, "avg_iv": 0.6226686, "max_voi": 1.0, "why": "calls cluster with 4 contracts traded, $630 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $79,670 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/eea93f78-8c5e-4984-b41d-ecea7cb80001/", "research_links": {"chart": "/terminal/eea93f78-8c5e-4984-b41d-ecea7cb80001/", "report": "/terminal/eea93f78-8c5e-4984-b41d-ecea7cb80001/report/", "factor": "/factors/ticker/eea93f78-8c5e-4984-b41d-ecea7cb80001/"}}, {"symbol": "PFSI", "name": "PennyMac Finl Svcs Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Mortgage Finance", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/mortgage-finance/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 69.04, "options_pressure_score": -88.11, "trend_confirmation_score": 51.05, "speculation_score": 41.64, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "PFSI shows volatility options pressure with a 69/100 conviction score, put-call volume ratio of 29.98, expected move of 17.1%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-17T11:07:07.926433+00:00", "snapshot": {"fetched_at": "2026-09-17T11:07:07.926433+00:00", "underlying_price": 70.36, "total_contracts": 276, "call_contracts": 138, "put_contracts": 138, "call_volume": 48, "put_volume": 1439, "call_open_interest": 13574, "put_open_interest": 7422, "put_call_volume_ratio": 29.97916667, "put_call_open_interest_ratio": 0.54678061, "volume_open_interest_ratio": 0.07082301, "avg_implied_volatility": 0.917295, "max_pain_strike": 65.0, "expected_move_percent": 17.08357021, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 70.36, "one_week_change": -3.9978168917996997, "one_week_change_label": "-4.0%", "relative_strength": -37.0225, "fair_value_gap_label": "-26.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "17.1%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.07", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "51/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 59.1, "score_label": "59/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-88"}, {"label": "1W price", "value": "-4.0%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 401, "open_interest": 5306, "premium": 449140.0, "premium_label": "$449,140", "premium_share": 43.01437755138688, "weighted_strike": 75.0, "avg_iv": 0.7595211475409837, "max_voi": 3.01, "why": "puts cluster with 401 contracts traded, $449,140 estimated gross traded notional, and 43% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 702, "open_interest": 282, "premium": 370820.0, "premium_label": "$370,820", "premium_share": 35.513629344091555, "weighted_strike": 57.87749287749288, "avg_iv": 0.3425859090909091, "max_voi": 0.95238095, "why": "puts cluster with 702 contracts traded, $370,820 estimated gross traded notional, and 36% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 321, "open_interest": 532, "premium": 216675.0, "premium_label": "$216,675", "premium_share": 20.751080411334442, "weighted_strike": 70.0, "avg_iv": 0.370965, "max_voi": 1.38961039, "why": "puts cluster with 321 contracts traded, $216,675 estimated gross traded notional, and 21% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 5, "open_interest": 12, "premium": 2400.0, "premium_label": "$2,400", "premium_share": 0.22984928112243067, "weighted_strike": 70.0, "avg_iv": 1.10753, "max_voi": 0.41666667, "why": "puts cluster with 5 contracts traded, $2,400 estimated gross traded notional, and 0% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 5, "open_interest": 5, "premium": 2050.0, "premium_label": "$2,050", "premium_share": 0.1963295942920762, "weighted_strike": 65.0, "avg_iv": 0.33487, "max_voi": 5.0, "why": "puts cluster with 5 contracts traded, $2,050 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $1.0M of estimated gross traded notional, puts \u00b7 91+ days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/8ff14450-e3a1-4c6d-9d24-7877aec9d28f/", "research_links": {"chart": "/terminal/8ff14450-e3a1-4c6d-9d24-7877aec9d28f/", "report": "/terminal/8ff14450-e3a1-4c6d-9d24-7877aec9d28f/report/", "factor": "/factors/ticker/8ff14450-e3a1-4c6d-9d24-7877aec9d28f/", "insider": "/insider-activity/company/pfsi/"}}, {"symbol": "MTZ", "name": "MasTec Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Engineering & Construction", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/engineering-construction/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 68.62, "options_pressure_score": -69.94, "trend_confirmation_score": 75.44, "speculation_score": 45.58, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "MTZ shows volatility options pressure with a 69/100 conviction score, put-call volume ratio of 7.48, expected move of 13.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-18T13:21:19.743111+00:00", "snapshot": {"fetched_at": "2026-09-18T13:21:19.743111+00:00", "underlying_price": 240.41, "total_contracts": 662, "call_contracts": 331, "put_contracts": 331, "call_volume": 993, "put_volume": 7426, "call_open_interest": 23935, "put_open_interest": 11038, "put_call_volume_ratio": 7.47834844, "put_call_open_interest_ratio": 0.46116566, "volume_open_interest_ratio": 0.24072856, "avg_implied_volatility": 1.34045625, "max_pain_strike": 250.0, "expected_move_percent": 13.51857244, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 240.41, "one_week_change": 1.3575614486276824, "one_week_change_label": "+1.4%", "relative_strength": -21.964613, "fair_value_gap_label": "+39.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "13.5%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "75", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 4% / P 96%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.24", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "75/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "watchouts": ["Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 43.8, "score_label": "44/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-70"}, {"label": "1W price", "value": "+1.4%"}, {"label": "Call premium", "value": "4%"}, {"label": "Put premium", "value": "96%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 1015, "open_interest": 786, "premium": 10225240.0, "premium_label": "$10.2M", "premium_share": 33.98737467636718, "weighted_strike": 308.4334975369458, "avg_iv": 0.781687, "max_voi": 3.00704225, "why": "puts cluster with 1015 contracts traded, $10.2M estimated gross traded notional, and 34% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 2481, "open_interest": 648, "premium": 8050845.0, "premium_label": "$8.1M", "premium_share": 26.75996704980591, "weighted_strike": 240.0, "avg_iv": 1.49777, "max_voi": 3.8287037, "why": "puts cluster with 2481 contracts traded, $8.1M estimated gross traded notional, and 27% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 1399, "open_interest": 374, "premium": 6042900.0, "premium_label": "$6.0M", "premium_share": 20.08581768563078, "weighted_strike": 250.70050035739814, "avg_iv": 1.5343525, "max_voi": 3.88888889, "why": "puts cluster with 1399 contracts traded, $6.0M estimated gross traded notional, and 20% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 1545, "open_interest": 1522, "premium": 2667497.5, "premium_label": "$2.7M", "premium_share": 8.866416532108074, "weighted_strike": 211.27831715210357, "avg_iv": 0.5967471428571428, "max_voi": 84.0, "why": "puts cluster with 1545 contracts traded, $2.7M estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 37, "open_interest": 2732, "premium": 645090.0, "premium_label": "$645,090", "premium_share": 2.1441956892921543, "weighted_strike": 380.5405405405405, "avg_iv": 0.6450337037037037, "max_voi": 0.24427481, "why": "puts cluster with 37 contracts traded, $645,090 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $30.1M of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 itm, and a volatility flow versus price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.", "detail_url": "https://sharemaestro.com/options/ticker/009fe632-8034-4137-bf87-60f93ed145bb/", "research_links": {"chart": "/terminal/009fe632-8034-4137-bf87-60f93ed145bb/", "report": "/terminal/009fe632-8034-4137-bf87-60f93ed145bb/report/", "factor": "/factors/ticker/009fe632-8034-4137-bf87-60f93ed145bb/", "insider": "/insider-activity/company/mtz/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}