{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BDC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 42.72, "avg_conviction_label": "42.7", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "BDC", "leader_score": "43", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Technology", "count": 1, "avg_score": "42.72", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "BDC", "name": "Belden Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Communication Equipment", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/communication-equipment/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 42.72, "options_pressure_score": 56.05, "trend_confirmation_score": 6.73, "speculation_score": 44.16, "volatility_score": 77.15, "edge_label": "Call-side pressure", "insight": "BDC shows bullish options pressure with a 43/100 conviction score, put-call volume ratio of 0.37, expected move of 10.4%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T14:11:46.852068+00:00", "snapshot": {"fetched_at": "2026-08-01T14:11:46.852068+00:00", "underlying_price": 124.05, "total_contracts": 208, "call_contracts": 104, "put_contracts": 104, "call_volume": 733, "put_volume": 271, "call_open_interest": 4810, "put_open_interest": 788, "put_call_volume_ratio": 0.36971351, "put_call_open_interest_ratio": 0.16382536, "volume_open_interest_ratio": 0.17934977, "avg_implied_volatility": 0.53071875, "max_pain_strike": 100.0, "expected_move_percent": 10.35872632, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 124.05, "one_week_change": 20.71817827948618, "one_week_change_label": "+20.7%", "relative_strength": -4.98309, "fair_value_gap_label": "+17.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "10.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "7", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 65.2, "confidence_label": "65/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 83% / P 17%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.18", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "7/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 95.3, "score_label": "95/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+56"}, {"label": "1W price", "value": "+20.7%"}, {"label": "Call premium", "value": "83%"}, {"label": "Put premium", "value": "17%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 502, "open_interest": 1812, "premium": 602405.0, "premium_label": "$602405", "premium_share": 61.00334685238913, "weighted_strike": 118.91434262948208, "avg_iv": 0.26771833333333334, "max_voi": 0.66666667, "why": "calls cluster with 502 contracts traded, $602405 estimated gross traded notional, and 61% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 151, "open_interest": 2, "premium": 135900.0, "premium_label": "$135900", "premium_share": 13.762094997949356, "weighted_strike": 125.0, "avg_iv": 0.48316, "max_voi": 75.5, "why": "puts cluster with 151 contracts traded, $135900 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 25, "open_interest": 482, "premium": 55540.0, "premium_label": "$55540", "premium_share": 5.6243322751001275, "weighted_strike": 113.4, "avg_iv": 0.5001422222222223, "max_voi": 0.12, "why": "calls cluster with 25 contracts traded, $55540 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 40, "open_interest": 353, "premium": 49440.0, "premium_label": "$49440", "premium_share": 5.006607628393055, "weighted_strike": 114.0, "avg_iv": 0.1230075, "max_voi": 0.5, "why": "calls cluster with 40 contracts traded, $49440 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 80, "open_interest": 1105, "premium": 41790.0, "premium_label": "$41790", "premium_share": 4.231920161621072, "weighted_strike": 136.0625, "avg_iv": 0.447185625, "max_voi": 0.46666667, "why": "calls cluster with 80 contracts traded, $41790 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $987495 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 itm, and a bullish 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/e308123f-e6b1-4d21-80ed-c7d9bd2b713b/", "research_links": {"chart": "/terminal/e308123f-e6b1-4d21-80ed-c7d9bd2b713b/", "report": "/terminal/e308123f-e6b1-4d21-80ed-c7d9bd2b713b/report/", "factor": "/factors/ticker/e308123f-e6b1-4d21-80ed-c7d9bd2b713b/", "insider": "/insider-activity/company/bdc/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}