{"latest_run": null, "coverage_count": 6093, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BBVA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 47.29, "avg_conviction_label": "47.3", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "BBVA", "leader_score": "47", "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": "Financial Services", "count": 1, "avg_score": "47.29", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "BBVA", "name": "Banco Bilbao Viscaya Argentaria SA ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Diversified", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-diversified/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 47.29, "options_pressure_score": -94.35, "trend_confirmation_score": 6.34, "speculation_score": 2.29, "volatility_score": 55.09, "edge_label": "Put-side pressure", "insight": "BBVA shows bearish options pressure with a 47/100 conviction score, put-call volume ratio of 10.33, expected move of 7.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-05T10:24:32.889193+00:00", "snapshot": {"fetched_at": "2026-08-05T10:24:32.889193+00:00", "underlying_price": 27.95, "total_contracts": 50, "call_contracts": 25, "put_contracts": 25, "call_volume": 3, "put_volume": 31, "call_open_interest": 967, "put_open_interest": 2488, "put_call_volume_ratio": 10.33333333, "put_call_open_interest_ratio": 2.57290589, "volume_open_interest_ratio": 0.00984081, "avg_implied_volatility": 0.38316125, "max_pain_strike": 25.0, "expected_move_percent": 7.06618962, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 27.95, "one_week_change": 7.707129094412331, "one_week_change_label": "+7.7%", "relative_strength": 19.567169, "fair_value_gap_label": "+103.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.1%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "6", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 88.0, "confidence_label": "88/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 49% / P 51%", "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": "6/100", "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": "Bearish flow against rising price", "tone": "warning", "score": 66.0, "score_label": "66/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-94"}, {"label": "1W price", "value": "+7.7%"}, {"label": "Call premium", "value": "49%"}, {"label": "Put premium", "value": "51%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 27, "premium": 555.0, "premium_label": "$555", "premium_share": 30.620689655172413, "weighted_strike": 22.5, "avg_iv": 0.53519, "max_voi": 0.07692308, "why": "calls cluster with 1 contracts traded, $555 estimated gross traded notional, and 31% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 13, "open_interest": 0, "premium": 390.0, "premium_label": "$390", "premium_share": 21.517241379310345, "weighted_strike": 25.0, "avg_iv": 0.35633333333333334, "max_voi": 0.0, "why": "puts cluster with 13 contracts traded, $390 estimated gross traded notional, and 22% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 116, "premium": 325.0, "premium_label": "$325", "premium_share": 17.93103448275862, "weighted_strike": 30.0, "avg_iv": 0.209995, "max_voi": 0.01724138, "why": "calls cluster with 2 contracts traded, $325 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 15, "premium": 287.5, "premium_label": "$288", "premium_share": 15.862068965517242, "weighted_strike": 30.0, "avg_iv": 0.419745, "max_voi": 0.06666667, "why": "puts cluster with 1 contracts traded, $288 estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 17, "open_interest": 66, "premium": 255.0, "premium_label": "$255", "premium_share": 14.068965517241379, "weighted_strike": 25.0, "avg_iv": 0.4669, "max_voi": 0.25757576, "why": "puts cluster with 17 contracts traded, $255 estimated gross traded notional, and 14% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $1,812 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 itm, and a bearish flow against rising 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/86277a33-91d1-4da5-9fd4-80dc6fc73d87/", "research_links": {"chart": "/terminal/86277a33-91d1-4da5-9fd4-80dc6fc73d87/", "report": "/terminal/86277a33-91d1-4da5-9fd4-80dc6fc73d87/report/", "factor": "/factors/ticker/86277a33-91d1-4da5-9fd4-80dc6fc73d87/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}