{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BJRI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 34.21, "avg_conviction_label": "34.2", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "BJRI", "leader_score": "34", "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": "Consumer Cyclical", "count": 1, "avg_score": "34.21", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "BJRI", "name": "BJs Restaurants Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Restaurants", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/restaurants/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 34.21, "options_pressure_score": -15.09, "trend_confirmation_score": 70.97, "speculation_score": 8.63, "volatility_score": 75.2, "edge_label": "Options-market disagreement", "insight": "BJRI shows mixed options pressure with a 34/100 conviction score, put-call volume ratio of 1.63, expected move of 9.7%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T11:37:18.456391+00:00", "snapshot": {"fetched_at": "2026-08-01T11:37:18.456391+00:00", "underlying_price": 67.61, "total_contracts": 202, "call_contracts": 101, "put_contracts": 101, "call_volume": 19, "put_volume": 31, "call_open_interest": 1458, "put_open_interest": 375, "put_call_volume_ratio": 1.63157895, "put_call_open_interest_ratio": 0.25720165, "volume_open_interest_ratio": 0.02727769, "avg_implied_volatility": 0.51852375, "max_pain_strike": 65.0, "expected_move_percent": 9.72489277, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 67.61, "one_week_change": 1.121746933891714, "one_week_change_label": "+1.1%", "relative_strength": 52.086751, "fair_value_gap_label": "+85.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "9.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "71", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 65.7, "confidence_label": "66/100", "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 24% / P 76%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "71/100", "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": 11.7, "score_label": "12/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-15"}, {"label": "1W price", "value": "+1.1%"}, {"label": "Call premium", "value": "24%"}, {"label": "Put premium", "value": "76%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 18, "open_interest": 21, "premium": 14725.0, "premium_label": "$14725", "premium_share": 36.123888377798224, "weighted_strike": 74.30555555555556, "avg_iv": 0.5042966666666666, "max_voi": 0.90909091, "why": "puts cluster with 18 contracts traded, $14725 estimated gross traded notional, and 36% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 7, "open_interest": 5, "premium": 12425.0, "premium_label": "$12425", "premium_share": 30.481447408770315, "weighted_strike": 85.0, "avg_iv": 0.467916875, "max_voi": 1.0, "why": "puts cluster with 7 contracts traded, $12425 estimated gross traded notional, and 30% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 269, "premium": 6895.0, "premium_label": "$6895", "premium_share": 16.91505673106409, "weighted_strike": 46.666666666666664, "avg_iv": 0.7349825, "max_voi": 1.0, "why": "calls cluster with 3 contracts traded, $6895 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 3, "open_interest": 3, "premium": 3270.0, "premium_label": "$3270", "premium_share": 8.022079116835327, "weighted_strike": 72.5, "avg_iv": 0.486086, "max_voi": 1.0, "why": "puts cluster with 3 contracts traded, $3270 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 29, "premium": 1100.0, "premium_label": "$1100", "premium_share": 2.698558724317694, "weighted_strike": 57.5, "avg_iv": 0.726406, "max_voi": 0.25, "why": "calls cluster with 1 contracts traded, $1100 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $40762 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 itm, 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/45602c5b-db59-4809-bb71-59f466caa527/", "research_links": {"chart": "/terminal/45602c5b-db59-4809-bb71-59f466caa527/", "report": "/terminal/45602c5b-db59-4809-bb71-59f466caa527/report/", "factor": "/factors/ticker/45602c5b-db59-4809-bb71-59f466caa527/", "insider": "/insider-activity/company/bjri/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}