{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ALC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 55.03, "avg_conviction_label": "55.0", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "ALC", "leader_score": "55", "leader_direction": "bearish", "leader_direction_label": "Bearish", "leader_tone": "negative", "leader_read": "The strongest current read leans put-side, which is usually a caution flag or downside-risk signal."}, "charts": {"sectors": [{"ticker__sector": "Healthcare", "count": 1, "avg_score": "55.03", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bearish", "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": 1, "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": 0, "url": "/options/conviction/under-40/", "bar_width": 0.0}]}, "signals": [{"symbol": "ALC", "name": "Alcon AG", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Medical Instruments & Supplies", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/medical-instruments-supplies/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 55.03, "options_pressure_score": -38.94, "trend_confirmation_score": 91.17, "speculation_score": 40.19, "volatility_score": 61.3, "edge_label": "Put-side pressure", "insight": "ALC shows bearish options pressure with a 55/100 conviction score, put-call volume ratio of 2.10, expected move of 8.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T07:16:06.047464+00:00", "snapshot": {"fetched_at": "2026-07-31T07:16:06.047464+00:00", "underlying_price": 67.91, "total_contracts": 492, "call_contracts": 246, "put_contracts": 246, "call_volume": 50, "put_volume": 105, "call_open_interest": 8226, "put_open_interest": 10592, "put_call_volume_ratio": 2.1, "put_call_open_interest_ratio": 1.2876246, "volume_open_interest_ratio": 0.00823679, "avg_implied_volatility": 0.400235, "max_pain_strike": 70.0, "expected_move_percent": 8.31983508, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 67.91, "one_week_change": -3.3447196128664958, "one_week_change_label": "-3.3%", "relative_strength": -16.898142, "fair_value_gap_label": "-16.4%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "8.3%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "91", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 75.4, "confidence_label": "75/100", "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 30% / P 70%", "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": "91/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "10 Aug", "detail": "Matched earnings event is 10 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": "Bearish flow confirms price", "tone": "negative", "score": 34.8, "score_label": "35/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-39"}, {"label": "1W price", "value": "-3.3%"}, {"label": "Call premium", "value": "30%"}, {"label": "Put premium", "value": "70%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 101, "open_interest": 3917, "premium": 81545.0, "premium_label": "$81545", "premium_share": 68.45330535152151, "weighted_strike": 74.72772277227723, "avg_iv": 0.34799306451612905, "max_voi": 7.81818182, "why": "puts cluster with 101 contracts traded, $81545 estimated gross traded notional, and 68% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 40, "open_interest": 4445, "premium": 27350.0, "premium_label": "$27350", "premium_share": 22.959076600209862, "weighted_strike": 72.5, "avg_iv": 0.2967527380952381, "max_voi": 0.14705882, "why": "calls cluster with 40 contracts traded, $27350 estimated gross traded notional, and 23% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 5, "open_interest": 1825, "premium": 7340.0, "premium_label": "$7340", "premium_share": 6.161594963273872, "weighted_strike": 57.0, "avg_iv": 0.3075543396226415, "max_voi": 0.5, "why": "calls cluster with 5 contracts traded, $7340 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 4, "open_interest": 5304, "premium": 1460.0, "premium_label": "$1460", "premium_share": 1.2256033578174186, "weighted_strike": 57.5, "avg_iv": 0.3467290625, "max_voi": 0.23529412, "why": "puts cluster with 4 contracts traded, $1460 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 1, "open_interest": 813, "premium": 810.0, "premium_label": "$810", "premium_share": 0.6799580272822665, "weighted_strike": 67.5, "avg_iv": 0.3159157142857143, "max_voi": 0.0, "why": "calls cluster with 1 contracts traded, $810 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: $119125 of estimated gross traded notional, puts \u00b7 91+ 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/04015aa2-76d0-47b2-b1a5-76a2a51af34c/", "research_links": {"chart": "/terminal/04015aa2-76d0-47b2-b1a5-76a2a51af34c/", "report": "/terminal/04015aa2-76d0-47b2-b1a5-76a2a51af34c/report/", "factor": "/factors/ticker/04015aa2-76d0-47b2-b1a5-76a2a51af34c/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}