{"latest_run": "2026-08-28T20:50:00.539330+00:00", "coverage_count": 6133, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ARCT", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 48.54, "avg_conviction_label": "48.5", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "ARCT", "leader_score": "49", "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": 1, "avg_score": "48.54", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "volatility", "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": "ARCT", "name": "Arcturus Therapeutics Holdings Inc", "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": 48.54, "options_pressure_score": 30.51, "trend_confirmation_score": 92.09, "speculation_score": 9.91, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "ARCT shows volatility options pressure with a 49/100 conviction score, put-call volume ratio of 0.64, expected move of 18.6%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-30T05:01:43.571505+00:00", "snapshot": {"fetched_at": "2026-08-30T05:01:43.571505+00:00", "underlying_price": 15.19, "total_contracts": 84, "call_contracts": 42, "put_contracts": 42, "call_volume": 343, "put_volume": 218, "call_open_interest": 5195, "put_open_interest": 1632, "put_call_volume_ratio": 0.63556851, "put_call_open_interest_ratio": 0.31414822, "volume_open_interest_ratio": 0.08217372, "avg_implied_volatility": 1.03924375, "max_pain_strike": 10.0, "expected_move_percent": 18.59776169, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 15.19, "one_week_change": 12.936802973977695, "one_week_change_label": "+12.9%", "relative_strength": 42.45516, "fair_value_gap_label": "-14.6%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "18.6%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "92", "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 75% / P 25%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.08", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "92/100", "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": 54.3, "score_label": "54/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+31"}, {"label": "1W price", "value": "+12.9%"}, {"label": "Call premium", "value": "75%"}, {"label": "Put premium", "value": "25%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 65, "open_interest": 1177, "premium": 23317.5, "premium_label": "$23,318", "premium_share": 29.53638609158275, "weighted_strike": 12.076923076923077, "avg_iv": 1.856786, "max_voi": 0.14285714, "why": "calls cluster with 65 contracts traded, $23,318 estimated gross traded notional, and 30% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 116, "open_interest": 200, "premium": 15370.0, "premium_label": "$15,370", "premium_share": 19.469250744188994, "weighted_strike": 15.0, "avg_iv": 0.99046, "max_voi": 0.58, "why": "puts cluster with 116 contracts traded, $15,370 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 178, "open_interest": 1491, "premium": 10710.0, "premium_label": "$10,710", "premium_share": 13.566406992209766, "weighted_strike": 18.48314606741573, "avg_iv": 0.941685, "max_voi": 0.15062762, "why": "calls cluster with 178 contracts traded, $10,710 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 12, "open_interest": 421, "premium": 7815.0, "premium_label": "$7,815", "premium_share": 9.899296978909367, "weighted_strike": 10.208333333333334, "avg_iv": 1.213874, "max_voi": 0.25, "why": "calls cluster with 12 contracts traded, $7,815 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 33, "open_interest": 341, "premium": 5977.5, "premium_label": "$5,978", "premium_share": 7.571727151814555, "weighted_strike": 20.0, "avg_iv": 1.009976, "max_voi": 0.19393939, "why": "calls cluster with 33 contracts traded, $5,978 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $78,945 of estimated gross traded notional, calls \u00b7 8-21 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/8bed94f3-3583-428e-8c2b-98c0e08bd4af/", "research_links": {"chart": "/terminal/8bed94f3-3583-428e-8c2b-98c0e08bd4af/", "report": "/terminal/8bed94f3-3583-428e-8c2b-98c0e08bd4af/report/", "factor": "/factors/ticker/8bed94f3-3583-428e-8c2b-98c0e08bd4af/", "insider": "/insider-activity/company/arct/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}