{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ADTN", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.93, "avg_conviction_label": "38.9", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "ADTN", "leader_score": "39", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Technology", "count": 1, "avg_score": "38.93", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "ADTN", "name": "ADTRAN Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Communication Equipment", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/communication-equipment/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 38.93, "options_pressure_score": 63.45, "trend_confirmation_score": 0.0, "speculation_score": 12.18, "volatility_score": 96.0, "edge_label": "Call-side pressure", "insight": "ADTN shows bullish options pressure with a 39/100 conviction score, put-call volume ratio of 0.20, expected move of 20.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T11:49:13.556831+00:00", "snapshot": {"fetched_at": "2026-08-01T11:49:13.556831+00:00", "underlying_price": 8.51, "total_contracts": 258, "call_contracts": 129, "put_contracts": 129, "call_volume": 314, "put_volume": 64, "call_open_interest": 21777, "put_open_interest": 26647, "put_call_volume_ratio": 0.20382166, "put_call_open_interest_ratio": 1.22363044, "volume_open_interest_ratio": 0.00780605, "avg_implied_volatility": 1.0380225, "max_pain_strike": 11.0, "expected_move_percent": 19.97649824, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 8.51, "one_week_change": -13.604060913705585, "one_week_change_label": "-13.6%", "relative_strength": -28.743011, "fair_value_gap_label": "+0.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "20.0%", "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": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 88.9, "confidence_label": "89/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 87% / P 13%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "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."}, {"label": "Event window", "value": "3 Aug", "detail": "Matched earnings event is 2 days away."}], "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": "Bullish flow against weak price", "tone": "warning", "score": 71.6, "score_label": "72/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+63"}, {"label": "1W price", "value": "-13.6%"}, {"label": "Call premium", "value": "87%"}, {"label": "Put premium", "value": "13%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 159, "open_interest": 14106, "premium": 9050.0, "premium_label": "$9050", "premium_share": 53.82099316086827, "weighted_strike": 9.025157232704403, "avg_iv": 1.3026505555555556, "max_voi": 0.60700389, "why": "calls cluster with 159 contracts traded, $9050 estimated gross traded notional, and 54% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 151, "open_interest": 7454, "premium": 5302.5, "premium_label": "$5302", "premium_share": 31.534344335414808, "weighted_strike": 19.52317880794702, "avg_iv": 0.856068448275862, "max_voi": 0.12653061, "why": "calls cluster with 151 contracts traded, $5302 estimated gross traded notional, and 32% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 61, "open_interest": 294, "premium": 1982.5, "premium_label": "$1982", "premium_share": 11.790068391317277, "weighted_strike": 7.0, "avg_iv": 1.7489825, "max_voi": 0.3836478, "why": "puts cluster with 61 contracts traded, $1982 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 3, "open_interest": 2, "premium": 225.0, "premium_label": "$225", "premium_share": 1.3380909901873328, "weighted_strike": 8.0, "avg_iv": 1.2648475, "max_voi": 1.5, "why": "puts cluster with 3 contracts traded, $225 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 3, "open_interest": 67, "premium": 147.5, "premium_label": "$148", "premium_share": 0.8771929824561403, "weighted_strike": 11.333333333333334, "avg_iv": 0.8981584615384616, "max_voi": 1.0, "why": "calls cluster with 3 contracts traded, $148 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $16815 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 otm, and a bullish flow against weak 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/b090a14d-b4c3-4242-8b77-323168d69b38/", "research_links": {"chart": "/terminal/b090a14d-b4c3-4242-8b77-323168d69b38/", "report": "/terminal/b090a14d-b4c3-4242-8b77-323168d69b38/report/", "factor": "/factors/ticker/b090a14d-b4c3-4242-8b77-323168d69b38/", "insider": "/insider-activity/company/adtn/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}