{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BLDR", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 60.75, "avg_conviction_label": "60.8", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "BLDR", "leader_score": "61", "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": "Industrials", "count": 1, "avg_score": "60.75", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": 1, "url": "/options/conviction/60-79/", "bar_width": 100.0}, {"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": 0, "url": "/options/conviction/under-40/", "bar_width": 0.0}]}, "signals": [{"symbol": "BLDR", "name": "Builders FirstSource Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Building Products & Equipment", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/building-products-equipment/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 60.75, "options_pressure_score": -43.62, "trend_confirmation_score": 97.46, "speculation_score": 40.72, "volatility_score": 81.33, "edge_label": "Volatility expansion watch", "insight": "BLDR shows volatility options pressure with a 61/100 conviction score, put-call volume ratio of 2.94, expected move of 10.9%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T16:33:18.262912+00:00", "snapshot": {"fetched_at": "2026-08-01T16:33:18.262912+00:00", "underlying_price": 66.44, "total_contracts": 520, "call_contracts": 260, "put_contracts": 260, "call_volume": 368, "put_volume": 1082, "call_open_interest": 30640, "put_open_interest": 16289, "put_call_volume_ratio": 2.94021739, "put_call_open_interest_ratio": 0.53162533, "volume_open_interest_ratio": 0.03089774, "avg_implied_volatility": 0.590475, "max_pain_strike": 75.0, "expected_move_percent": 10.91210114, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 66.44, "one_week_change": -8.81141916003294, "one_week_change_label": "-8.8%", "relative_strength": -41.29459, "fair_value_gap_label": "-51.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "10.9%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "97", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "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 7% / P 93%", "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": "97/100", "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": 53.4, "score_label": "53/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-44"}, {"label": "1W price", "value": "-8.8%"}, {"label": "Call premium", "value": "7%"}, {"label": "Put premium", "value": "93%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 230, "open_interest": 1875, "premium": 653585.0, "premium_label": "$653585", "premium_share": 36.37553143945444, "weighted_strike": 94.32608695652173, "avg_iv": 0.720226, "max_voi": 1.54761905, "why": "puts cluster with 230 contracts traded, $653585 estimated gross traded notional, and 36% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 328, "open_interest": 3434, "premium": 633240.0, "premium_label": "$633240", "premium_share": 35.243222425117054, "weighted_strike": 85.36585365853658, "avg_iv": 0.78803125, "max_voi": 0.46473029, "why": "puts cluster with 328 contracts traded, $633240 estimated gross traded notional, and 35% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 73, "open_interest": 6309, "premium": 197830.0, "premium_label": "$197830", "premium_share": 11.010306822627925, "weighted_strike": 88.4931506849315, "avg_iv": 0.648733661971831, "max_voi": 10.0, "why": "puts cluster with 73 contracts traded, $197830 estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 146, "open_interest": 14979, "premium": 89620.0, "premium_label": "$89620", "premium_share": 4.987836513389853, "weighted_strike": 106.4041095890411, "avg_iv": 0.5707965254237288, "max_voi": 2.2, "why": "calls cluster with 146 contracts traded, $89620 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 176, "open_interest": 403, "premium": 84480.0, "premium_label": "$84480", "premium_share": 4.701767782316166, "weighted_strike": 65.0, "avg_iv": 0.59047, "max_voi": 0.43672457, "why": "puts cluster with 176 contracts traded, $84480 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $1.8M of estimated gross traded notional, puts \u00b7 46-90 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/60c1477a-cfb6-4f12-9cc3-51bff501c44d/", "research_links": {"chart": "/terminal/60c1477a-cfb6-4f12-9cc3-51bff501c44d/", "report": "/terminal/60c1477a-cfb6-4f12-9cc3-51bff501c44d/report/", "factor": "/factors/ticker/60c1477a-cfb6-4f12-9cc3-51bff501c44d/", "insider": "/insider-activity/company/bldr/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}