{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BHVN", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 41.83, "avg_conviction_label": "41.8", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "BHVN", "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": "41.83", "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": "BHVN", "name": "Biohaven Ltd.", "exchange": "NYSE", "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": 41.83, "options_pressure_score": 15.91, "trend_confirmation_score": 90.89, "speculation_score": 16.32, "volatility_score": 79.28, "edge_label": "Options-market disagreement", "insight": "BHVN shows mixed options pressure with a 42/100 conviction score, put-call volume ratio of 0.87, expected move of 17.2%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T04:30:59.784068+00:00", "snapshot": {"fetched_at": "2026-07-30T04:30:59.784068+00:00", "underlying_price": 14.32, "total_contracts": 290, "call_contracts": 145, "put_contracts": 145, "call_volume": 370, "put_volume": 321, "call_open_interest": 39290, "put_open_interest": 10429, "put_call_volume_ratio": 0.86756757, "put_call_open_interest_ratio": 0.2654365, "volume_open_interest_ratio": 0.01389811, "avg_implied_volatility": 0.561205, "max_pain_strike": 13.0, "expected_move_percent": 17.24860335, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 14.32, "one_week_change": -7.253886010362694, "one_week_change_label": "-7.3%", "relative_strength": 7.318363, "fair_value_gap_label": "-47.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "17.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "91", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 77.7, "confidence_label": "78/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 60% / P 40%", "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": "91/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "10 Aug", "detail": "Matched earnings event is 10 days away."}], "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": 31.9, "score_label": "32/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+16"}, {"label": "1W price", "value": "-7.3%"}, {"label": "Call premium", "value": "60%"}, {"label": "Put premium", "value": "40%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 243, "open_interest": 16503, "premium": 66415.0, "premium_label": "$66415", "premium_share": 40.80610724544184, "weighted_strike": 22.674897119341562, "avg_iv": 0.8221272549019608, "max_voi": 0.03009782, "why": "calls cluster with 243 contracts traded, $66415 estimated gross traded notional, and 41% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 151, "open_interest": 2479, "premium": 27935.0, "premium_label": "$27935", "premium_share": 17.163571571202556, "weighted_strike": 14.0, "avg_iv": 0.76608, "max_voi": 0.06091166, "why": "puts cluster with 151 contracts traded, $27935 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 37, "open_interest": 5941, "premium": 24440.0, "premium_label": "$24440", "premium_share": 15.01620509039522, "weighted_strike": 10.27027027027027, "avg_iv": 1.32089, "max_voi": 0.02053516, "why": "calls cluster with 37 contracts traded, $24440 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 12, "open_interest": 87, "premium": 13515.0, "premium_label": "$13515", "premium_share": 8.303764803465278, "weighted_strike": 24.583333333333332, "avg_iv": 0.868516875, "max_voi": 2.0, "why": "puts cluster with 12 contracts traded, $13515 estimated gross traded notional, and 8% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 52, "open_interest": 2452, "premium": 10500.0, "premium_label": "$10500", "premium_share": 6.451315607575688, "weighted_strike": 12.884615384615385, "avg_iv": 0.8484627777777778, "max_voi": 0.0009311, "why": "puts cluster with 52 contracts traded, $10500 estimated gross traded notional, and 6% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $162758 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/9c44c245-65f3-492b-bf15-2ea6b899e404/", "research_links": {"chart": "/terminal/9c44c245-65f3-492b-bf15-2ea6b899e404/", "report": "/terminal/9c44c245-65f3-492b-bf15-2ea6b899e404/report/", "factor": "/factors/ticker/9c44c245-65f3-492b-bf15-2ea6b899e404/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}