{"latest_run": "2026-08-05T16:00:30.245645+00:00", "coverage_count": 6093, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "BTSG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 48.63, "avg_conviction_label": "48.6", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "BTSG", "leader_score": "49", "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": "Healthcare", "count": 1, "avg_score": "48.63", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "BTSG", "name": "BrightSpring Health Services, Inc. Common Stock", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Health Information Services", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/health-information-services/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 48.63, "options_pressure_score": 56.45, "trend_confirmation_score": 47.82, "speculation_score": 18.04, "volatility_score": 85.13, "edge_label": "Volatility expansion watch", "insight": "BTSG shows volatility options pressure with a 49/100 conviction score, put-call volume ratio of 0.28, expected move of 9.9%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-05T16:06:38.799901+00:00", "snapshot": {"fetched_at": "2026-08-05T16:06:38.799901+00:00", "underlying_price": 59.71, "total_contracts": 213, "call_contracts": 127, "put_contracts": 86, "call_volume": 1265, "put_volume": 353, "call_open_interest": 10505, "put_open_interest": 10429, "put_call_volume_ratio": 0.27905138, "put_call_open_interest_ratio": 0.99276535, "volume_open_interest_ratio": 0.07729053, "avg_implied_volatility": 0.64914429, "max_pain_strike": 70.0, "expected_move_percent": 9.92296098, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 59.71, "one_week_change": -18.104512412563434, "one_week_change_label": "-18.1%", "relative_strength": 30.604814, "fair_value_gap_label": "+126.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.9%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 84.5, "confidence_label": "85/100", "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 85% / P 15%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.08", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "48/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "7 Aug", "detail": "Matched earnings event is 2 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": "Volatility flow versus price", "tone": "warning", "score": 83.0, "score_label": "83/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+56"}, {"label": "1W price", "value": "-18.1%"}, {"label": "Call premium", "value": "85%"}, {"label": "Put premium", "value": "15%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 275, "open_interest": 4080, "premium": 688423.0, "premium_label": "$688,423", "premium_share": 42.52609145522215, "weighted_strike": 41.736363636363635, "avg_iv": 0.5869325091428571, "max_voi": 2.03125, "why": "calls cluster with 275 contracts traded, $688,423 estimated gross traded notional, and 43% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 67, "open_interest": 208, "premium": 230900.0, "premium_label": "$230,900", "premium_share": 14.263431810109184, "weighted_strike": 33.76865671641791, "avg_iv": 1.4821823357142858, "max_voi": 2.0, "why": "calls cluster with 67 contracts traded, $230,900 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 262, "open_interest": 1948, "premium": 166340.0, "premium_label": "$166,340", "premium_share": 10.275354037650764, "weighted_strike": 82.48091603053435, "avg_iv": 0.5437682228571429, "max_voi": 1.0, "why": "calls cluster with 262 contracts traded, $166,340 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 81, "open_interest": 60, "premium": 100315.0, "premium_label": "$100,315", "premium_share": 6.196778527635785, "weighted_strike": 51.41975308641975, "avg_iv": 1.33577914, "max_voi": 1.91304348, "why": "calls cluster with 81 contracts traded, $100,315 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 97, "open_interest": 209, "premium": 96755.0, "premium_label": "$96,755", "premium_share": 5.976865936713357, "weighted_strike": 60.0, "avg_iv": 0.550083845, "max_voi": 1.0, "why": "puts cluster with 97 contracts traded, $96,755 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: $1.6M 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/c71a6f36-522f-44c3-87ce-8373f9ebaa80/", "research_links": {"chart": "/terminal/c71a6f36-522f-44c3-87ce-8373f9ebaa80/", "report": "/terminal/c71a6f36-522f-44c3-87ce-8373f9ebaa80/report/", "factor": "/factors/ticker/c71a6f36-522f-44c3-87ce-8373f9ebaa80/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}