{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BSBR", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.55, "avg_conviction_label": "38.5", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "BSBR", "leader_score": "39", "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": "Financial Services", "count": 1, "avg_score": "38.55", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": 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": "BSBR", "name": "Banco Santander Brasil SA ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Regional", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-regional/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 38.55, "options_pressure_score": 57.21, "trend_confirmation_score": 5.25, "speculation_score": 16.16, "volatility_score": 96.0, "edge_label": "Call-side pressure", "insight": "BSBR shows bullish options pressure with a 39/100 conviction score, put-call volume ratio of 0.33, expected move of 25.1%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T14:11:44.953239+00:00", "snapshot": {"fetched_at": "2026-08-01T14:11:44.953239+00:00", "underlying_price": 5.67, "total_contracts": 36, "call_contracts": 18, "put_contracts": 18, "call_volume": 3, "put_volume": 1, "call_open_interest": 423, "put_open_interest": 169, "put_call_volume_ratio": 0.33333333, "put_call_open_interest_ratio": 0.39952719, "volume_open_interest_ratio": 0.00675676, "avg_implied_volatility": 1.5599625, "max_pain_strike": 5.0, "expected_move_percent": 25.13227513, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 5.67, "one_week_change": 9.195535115897483, "one_week_change_label": "+9.2%", "relative_strength": -7.49696, "fair_value_gap_label": "+14.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "25.1%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "5", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 68.1, "confidence_label": "68/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 74% / P 26%", "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": "5/100", "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": "Bullish flow confirms price", "tone": "positive", "score": 56.2, "score_label": "56/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+57"}, {"label": "1W price", "value": "+9.2%"}, {"label": "Call premium", "value": "74%"}, {"label": "Put premium", "value": "26%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 183, "premium": 85.0, "premium_label": "$85", "premium_share": 66.40625, "weighted_strike": 5.0, "avg_iv": 0.0807325, "max_voi": 0.00675676, "why": "calls cluster with 1 contracts traded, $85 estimated gross traded notional, and 66% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 2, "premium": 33.0, "premium_label": "$33", "premium_share": 25.78125, "weighted_strike": 5.0, "avg_iv": 0.353895, "max_voi": 1.0, "why": "puts cluster with 1 contracts traded, $33 estimated gross traded notional, and 26% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 1, "premium": 10.0, "premium_label": "$10", "premium_share": 7.8125, "weighted_strike": 7.5, "avg_iv": 0.83925, "max_voi": 2.0, "why": "calls cluster with 2 contracts traded, $10 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $128 of estimated gross traded notional, calls \u00b7 91+ 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/c6a28e5b-6ddb-445b-b80c-111e66778355/", "research_links": {"chart": "/terminal/c6a28e5b-6ddb-445b-b80c-111e66778355/", "report": "/terminal/c6a28e5b-6ddb-445b-b80c-111e66778355/report/", "factor": "/factors/ticker/c6a28e5b-6ddb-445b-b80c-111e66778355/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}