{"latest_run": "2026-08-07T20:50:00.017347+00:00", "coverage_count": 6091, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ADAM", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.96, "avg_conviction_label": "39.0", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "ADAM", "leader_score": "39", "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": "Real Estate", "count": 1, "avg_score": "38.96", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "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": "ADAM", "name": "New York Mortgage Trust, Inc.", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Mortgage", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-mortgage/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 38.96, "options_pressure_score": -0.76, "trend_confirmation_score": 91.48, "speculation_score": 40.61, "volatility_score": 59.22, "edge_label": "Options-market disagreement", "insight": "ADAM shows mixed options pressure with a 39/100 conviction score, put-call volume ratio of 1.26, expected move of 5.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-08T08:23:38.219817+00:00", "snapshot": {"fetched_at": "2026-08-08T08:23:38.219817+00:00", "underlying_price": 9.82, "total_contracts": 54, "call_contracts": 27, "put_contracts": 27, "call_volume": 70, "put_volume": 88, "call_open_interest": 5373, "put_open_interest": 614, "put_call_volume_ratio": 1.25714286, "put_call_open_interest_ratio": 0.11427508, "volume_open_interest_ratio": 0.02639051, "avg_implied_volatility": 0.55510875, "max_pain_strike": 10.0, "expected_move_percent": 5.09164969, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 9.82, "one_week_change": 8.26901874310915, "one_week_change_label": "+8.3%", "relative_strength": 38.34512, "fair_value_gap_label": "+97.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-1.8%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "91", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 61.2, "confidence_label": "61/100", "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 27% / P 73%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "91/100", "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": "No clean flow/price divergence", "tone": "neutral", "score": 32.5, "score_label": "32/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-1"}, {"label": "1W price", "value": "+8.3%"}, {"label": "Call premium", "value": "27%"}, {"label": "Put premium", "value": "73%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 40, "open_interest": 3, "premium": 4700.0, "premium_label": "$4,700", "premium_share": 45.37774559497949, "weighted_strike": 10.0, "avg_iv": 0.45389, "max_voi": 13.33333333, "why": "puts cluster with 40 contracts traded, $4,700 estimated gross traded notional, and 45% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 22, "open_interest": 169, "premium": 1705.0, "premium_label": "$1,705", "premium_share": 16.46150132754043, "weighted_strike": 10.0, "avg_iv": 0.42462, "max_voi": 0.13017751, "why": "puts cluster with 22 contracts traded, $1,705 estimated gross traded notional, and 16% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 38, "open_interest": 2762, "premium": 1520.0, "premium_label": "$1,520", "premium_share": 14.675356022206131, "weighted_strike": 10.0, "avg_iv": 0.25877, "max_voi": 0.01375815, "why": "calls cluster with 38 contracts traded, $1,520 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 26, "open_interest": 26, "premium": 1105.0, "premium_label": "$1,105", "premium_share": 10.668597634564325, "weighted_strike": 10.0, "avg_iv": 0.25877, "max_voi": 1.0, "why": "puts cluster with 26 contracts traded, $1,105 estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 2, "open_interest": 255, "premium": 410.0, "premium_label": "$410", "premium_share": 3.958484190200338, "weighted_strike": 7.5, "avg_iv": 0.01488, "max_voi": 0.00809717, "why": "calls cluster with 2 contracts traded, $410 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $10,358 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 atm, 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/1b81dfde-0a37-4d13-89a1-561c49794744/", "research_links": {"chart": "/terminal/1b81dfde-0a37-4d13-89a1-561c49794744/", "report": "/terminal/1b81dfde-0a37-4d13-89a1-561c49794744/report/", "factor": "/factors/ticker/1b81dfde-0a37-4d13-89a1-561c49794744/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}