{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BGC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 51.3, "avg_conviction_label": "51.3", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "BGC", "leader_score": "51", "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": "Financial Services", "count": 1, "avg_score": "51.30", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "BGC", "name": "BGC Group Inc.", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Capital Markets", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/capital-markets/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 51.3, "options_pressure_score": 80.66, "trend_confirmation_score": 6.55, "speculation_score": 29.72, "volatility_score": 91.74, "edge_label": "Volatility expansion watch", "insight": "BGC shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 0.16, expected move of 9.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-13T16:58:39.573729+00:00", "snapshot": {"fetched_at": "2026-08-13T16:58:39.573729+00:00", "underlying_price": 10.35, "total_contracts": 74, "call_contracts": 48, "put_contracts": 26, "call_volume": 863, "put_volume": 140, "call_open_interest": 3840, "put_open_interest": 1094, "put_call_volume_ratio": 0.1622248, "put_call_open_interest_ratio": 0.28489583, "volume_open_interest_ratio": 0.20328334, "avg_implied_volatility": 0.77783572, "max_pain_strike": 10.0, "expected_move_percent": 9.3236715, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 10.35, "one_week_change": -10.15625, "one_week_change_label": "-10.2%", "relative_strength": -8.659061, "fair_value_gap_label": "+17.5%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.3%", "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": "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 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": "0.20", "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."]}, "flow_divergence": {"label": "Volatility flow versus price", "tone": "warning", "score": 72.1, "score_label": "72/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+81"}, {"label": "1W price", "value": "-10.2%"}, {"label": "Call premium", "value": "83%"}, {"label": "Put premium", "value": "17%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 136, "open_interest": 1432, "premium": 58014.5, "premium_label": "$58,014", "premium_share": 60.02534919813761, "weighted_strike": 6.742647058823529, "avg_iv": 0.5926902236363636, "max_voi": 2.0, "why": "calls cluster with 136 contracts traded, $58,014 estimated gross traded notional, and 60% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 34, "open_interest": 316, "premium": 13292.5, "premium_label": "$13,292", "premium_share": 13.75323331608898, "weighted_strike": 6.9411764705882355, "avg_iv": 5.007164878333334, "max_voi": 2.0, "why": "calls cluster with 34 contracts traded, $13,292 estimated gross traded notional, and 14% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 25, "open_interest": 16, "premium": 10501.0, "premium_label": "$10,501", "premium_share": 10.86497672012416, "weighted_strike": 13.84, "avg_iv": 0.51056528625, "max_voi": 1.0, "why": "puts cluster with 25 contracts traded, $10,501 estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 148, "open_interest": 843, "premium": 4999.0, "premium_label": "$4,999", "premium_share": 5.1722710812209005, "weighted_strike": 14.013513513513514, "avg_iv": 1.3917436114285715, "max_voi": 1.0, "why": "calls cluster with 148 contracts traded, $4,999 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 531, "open_interest": 1214, "premium": 3935.5, "premium_label": "$3,936", "premium_share": 4.071908949818934, "weighted_strike": 19.570621468926554, "avg_iv": 0.60684479, "max_voi": 1.0, "why": "calls cluster with 531 contracts traded, $3,936 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $96,650 of estimated gross traded notional, calls \u00b7 91+ 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/91de96d5-5e79-4e1c-808e-2f2f601d6034/", "research_links": {"chart": "/terminal/91de96d5-5e79-4e1c-808e-2f2f601d6034/", "report": "/terminal/91de96d5-5e79-4e1c-808e-2f2f601d6034/report/", "factor": "/factors/ticker/91de96d5-5e79-4e1c-808e-2f2f601d6034/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}