{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6122, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "AXS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 21.63, "avg_conviction_label": "21.6", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "AXS", "leader_score": "22", "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": "Financial Services", "count": 1, "avg_score": "21.63", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "AXS", "name": "AXIS Capital Holdings Ltd", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Insurance - Specialty", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/insurance-specialty/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 21.63, "options_pressure_score": 2.73, "trend_confirmation_score": 58.19, "speculation_score": 7.91, "volatility_score": 36.13, "edge_label": "Options-market disagreement", "insight": "AXS shows mixed options pressure with a 22/100 conviction score, put-call volume ratio of 1.17, expected move of 5.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-21T04:03:09.848772+00:00", "snapshot": {"fetched_at": "2026-09-21T04:03:09.848772+00:00", "underlying_price": 99.2, "total_contracts": 162, "call_contracts": 81, "put_contracts": 81, "call_volume": 12, "put_volume": 14, "call_open_interest": 1012, "put_open_interest": 133, "put_call_volume_ratio": 1.16666667, "put_call_open_interest_ratio": 0.13142292, "volume_open_interest_ratio": 0.02270742, "avg_implied_volatility": 0.2295075, "max_pain_strike": 100.0, "expected_move_percent": 5.01512097, "nearest_expiration": "2026-10-16"}, "market": {"latest_close": 99.2, "one_week_change": 0.9771986970684039, "one_week_change_label": "+1.0%", "relative_strength": -9.689278, "fair_value_gap_label": "+16.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Pin watch", "value": "-0.8%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "likely-noise", "label": "Likely noise", "tone": "neutral", "confidence": 21.6, "confidence_label": "22/100", "summary": "Visible options activity is too thin or mixed to support a strong intent classification.", "evidence": [{"label": "Notional split", "value": "C 13% / P 87%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "58/100", "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": 5.6, "score_label": "6/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+3"}, {"label": "1W price", "value": "+1.0%"}, {"label": "Call premium", "value": "13%"}, {"label": "Put premium", "value": "87%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 12, "open_interest": 13, "premium": 3300.0, "premium_label": "$3,300", "premium_share": 79.75830815709969, "weighted_strike": 100.0, "avg_iv": 0.22951, "max_voi": 0.92307692, "why": "puts cluster with 12 contracts traded, $3,300 estimated gross traded notional, and 80% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 11, "open_interest": 308, "premium": 460.0, "premium_label": "$460", "premium_share": 11.117824773413897, "weighted_strike": 128.1818181818182, "avg_iv": 0.21812444444444445, "max_voi": 0.125, "why": "calls cluster with 11 contracts traded, $460 estimated gross traded notional, and 11% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 29, "premium": 205.0, "premium_label": "$205", "premium_share": 4.954682779456193, "weighted_strike": 90.0, "avg_iv": 0.29671277777777777, "max_voi": 0.07692308, "why": "puts cluster with 1 contracts traded, $205 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 19, "premium": 105.0, "premium_label": "$105", "premium_share": 2.5377643504531724, "weighted_strike": 95.0, "avg_iv": 0.41378333333333334, "max_voi": 0.07692308, "why": "puts cluster with 1 contracts traded, $105 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 1, "open_interest": 3, "premium": 67.5, "premium_label": "$68", "premium_share": 1.6314199395770392, "weighted_strike": 105.0, "avg_iv": 0.329992, "max_voi": 0.33333333, "why": "calls cluster with 1 contracts traded, $68 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Likely noise matters because it connects the options headline to the actual evidence: $4,138 of estimated gross traded notional, puts \u00b7 22-45 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/d021d331-f02c-4d59-b270-24d19f396c4d/", "research_links": {"chart": "/terminal/d021d331-f02c-4d59-b270-24d19f396c4d/", "report": "/terminal/d021d331-f02c-4d59-b270-24d19f396c4d/report/", "factor": "/factors/ticker/d021d331-f02c-4d59-b270-24d19f396c4d/", "insider": "/insider-activity/company/axs/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}