{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "AA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 31.42, "avg_conviction_label": "31.4", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "AA", "leader_score": "31", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Basic Materials", "count": 1, "avg_score": "31.42", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "count": 1, "bar_width": 100.0}], "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": 0, "url": "/options/conviction/60-79/", "bar_width": 0.0}, {"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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "AA", "name": "Alcoa Corp", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Aluminum", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/aluminum/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 31.42, "options_pressure_score": 13.19, "trend_confirmation_score": 44.09, "speculation_score": 40.81, "volatility_score": 54.36, "edge_label": "Options-market disagreement", "insight": "AA shows mixed options pressure with a 31/100 conviction score, put-call volume ratio of 0.80, expected move of 3.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T07:16:14.013951+00:00", "snapshot": {"fetched_at": "2026-07-31T07:16:14.013951+00:00", "underlying_price": 44.24, "total_contracts": 930, "call_contracts": 465, "put_contracts": 465, "call_volume": 4911, "put_volume": 3909, "call_open_interest": 136099, "put_open_interest": 115404, "put_call_volume_ratio": 0.79596823, "put_call_open_interest_ratio": 0.84794157, "volume_open_interest_ratio": 0.03506916, "avg_implied_volatility": 0.5892525, "max_pain_strike": 45.0, "expected_move_percent": 3.27757685, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 44.24, "one_week_change": 0.5911778080945884, "one_week_change_label": "+0.6%", "relative_strength": -18.732487, "fair_value_gap_label": "+15.2%", "trend_signal": "0"}, "premium_flags": [{"label": "Pin watch", "value": "-1.7%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 74.7, "confidence_label": "75/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 59% / P 41%", "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": "44/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "No clean flow/price divergence", "tone": "neutral", "score": 15.1, "score_label": "15/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+13"}, {"label": "1W price", "value": "+0.6%"}, {"label": "Call premium", "value": "59%"}, {"label": "Put premium", "value": "41%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 179, "open_interest": 7972, "premium": 261820.0, "premium_label": "$261820", "premium_share": 16.67258886804444, "weighted_strike": 53.726256983240226, "avg_iv": 0.6062338461538461, "max_voi": 0.65789474, "why": "puts cluster with 179 contracts traded, $261820 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 996, "open_interest": 28613, "premium": 248284.5, "premium_label": "$248284", "premium_share": 15.810653849239857, "weighted_strike": 66.60642570281125, "avg_iv": 0.5637888235294117, "max_voi": 0.26540284, "why": "calls cluster with 996 contracts traded, $248284 estimated gross traded notional, and 16% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 177, "open_interest": 362, "premium": 110885.0, "premium_label": "$110885", "premium_share": 7.061110750260131, "weighted_strike": 38.52824858757062, "avg_iv": 0.13473714285714286, "max_voi": 3.5, "why": "calls cluster with 177 contracts traded, $110885 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 105, "open_interest": 2866, "premium": 110702.5, "premium_label": "$110702", "premium_share": 7.0494892260510635, "weighted_strike": 45.0, "avg_iv": 0.557306, "max_voi": 0.54285714, "why": "calls cluster with 105 contracts traded, $110702 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 204, "open_interest": 640, "premium": 108009.5, "premium_label": "$108010", "premium_share": 6.878000104434519, "weighted_strike": 49.64705882352941, "avg_iv": 1.830615294117647, "max_voi": 3.5, "why": "puts cluster with 204 contracts traded, $108010 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.6M of estimated gross traded notional, puts \u00b7 91+ days \u00b7 itm, and a no clean flow/price divergence 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/82a7af16-ce95-4b20-8434-6af79e2fc35a/", "research_links": {"chart": "/terminal/82a7af16-ce95-4b20-8434-6af79e2fc35a/", "report": "/terminal/82a7af16-ce95-4b20-8434-6af79e2fc35a/report/", "factor": "/factors/ticker/82a7af16-ce95-4b20-8434-6af79e2fc35a/", "insider": "/insider-activity/company/aa/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}