{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ARGX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 41.66, "avg_conviction_label": "41.7", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "ARGX", "leader_score": "42", "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": "Healthcare", "count": 1, "avg_score": "41.66", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": 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": "ARGX", "name": "argenx NV ADR", "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": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 41.66, "options_pressure_score": 4.23, "trend_confirmation_score": 88.35, "speculation_score": 51.19, "volatility_score": 56.47, "edge_label": "Options-market disagreement", "insight": "ARGX shows mixed options pressure with a 42/100 conviction score, put-call volume ratio of 1.00, expected move of 8.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T14:54:56.032936+00:00", "snapshot": {"fetched_at": "2026-07-30T14:54:56.032936+00:00", "underlying_price": 918.22, "total_contracts": 356, "call_contracts": 199, "put_contracts": 157, "call_volume": 1228, "put_volume": 1227, "call_open_interest": 3082, "put_open_interest": 2006, "put_call_volume_ratio": 0.99918567, "put_call_open_interest_ratio": 0.65087605, "volume_open_interest_ratio": 0.48250786, "avg_implied_volatility": 0.34957964, "max_pain_strike": 910.0, "expected_move_percent": 7.99917231, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 918.22, "one_week_change": 6.701528092498983, "one_week_change_label": "+6.7%", "relative_strength": 4.617485, "fair_value_gap_label": "+51.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "+0.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "8.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "88", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "directional-flow-confirmation-needed", "label": "Directional flow, confirmation needed", "tone": "neutral", "confidence": 30.8, "confidence_label": "31/100", "summary": "There is useful activity, but aggregate chain data does not isolate participant intent.", "evidence": [{"label": "Notional split", "value": "C 51% / P 49%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.48", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "88/100", "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": 31.2, "score_label": "31/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+4"}, {"label": "1W price", "value": "+6.7%"}, {"label": "Call premium", "value": "51%"}, {"label": "Put premium", "value": "49%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 769, "open_interest": 1326, "premium": 3741270.0, "premium_label": "$3.7M", "premium_share": 25.535644173066753, "weighted_strike": 1217.5682704811443, "avg_iv": 0.4219787988135593, "max_voi": 1.12666667, "why": "calls cluster with 769 contracts traded, $3.7M estimated gross traded notional, and 26% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 164, "open_interest": 169, "premium": 3001200.0, "premium_label": "$3.0M", "premium_share": 20.484374368117763, "weighted_strike": 950.0, "avg_iv": 0.36471048545454543, "max_voi": 1.09333333, "why": "puts cluster with 164 contracts traded, $3.0M estimated gross traded notional, and 20% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 156, "open_interest": 430, "premium": 2558348.0, "premium_label": "$2.6M", "premium_share": 17.461734704759877, "weighted_strike": 757.1794871794872, "avg_iv": 0.5207550198412698, "max_voi": 1.0, "why": "calls cluster with 156 contracts traded, $2.6M estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 347, "open_interest": 597, "premium": 1353637.0, "premium_label": "$1.4M", "premium_share": 9.23910671282681, "weighted_strike": 674.4092219020173, "avg_iv": 0.4624785323943662, "max_voi": 11.0, "why": "puts cluster with 347 contracts traded, $1.4M estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 376, "open_interest": 507, "premium": 747428.5, "premium_label": "$747428", "premium_share": 5.101494471345031, "weighted_strike": 782.2606382978723, "avg_iv": 0.60775958, "max_voi": 2.5, "why": "puts cluster with 376 contracts traded, $747428 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $14.7M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/90013774-3c26-4098-bd34-cda55918f508/", "research_links": {"chart": "/terminal/90013774-3c26-4098-bd34-cda55918f508/", "report": "/terminal/90013774-3c26-4098-bd34-cda55918f508/report/", "factor": "/factors/ticker/90013774-3c26-4098-bd34-cda55918f508/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}