{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CCL", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 57.16, "avg_conviction_label": "57.2", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "CCL", "leader_score": "57", "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": "Consumer Cyclical", "count": 1, "avg_score": "57.16", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "CCL", "name": "Carnival Corporation", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Travel Services", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/travel-services/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 57.16, "options_pressure_score": -36.63, "trend_confirmation_score": 94.83, "speculation_score": 41.74, "volatility_score": 79.4, "edge_label": "Volatility expansion watch", "insight": "CCL shows volatility options pressure with a 57/100 conviction score, put-call volume ratio of 2.02, expected move of 5.8%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T08:12:22.906868+00:00", "snapshot": {"fetched_at": "2026-07-31T08:12:22.906868+00:00", "underlying_price": 26.33, "total_contracts": 828, "call_contracts": 414, "put_contracts": 414, "call_volume": 23168, "put_volume": 46907, "call_open_interest": 420007, "put_open_interest": 516490, "put_call_volume_ratio": 2.02464606, "put_call_open_interest_ratio": 1.2297176, "volume_open_interest_ratio": 0.07482672, "avg_implied_volatility": 0.93192875, "max_pain_strike": 27.0, "expected_move_percent": 5.84884163, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 26.33, "one_week_change": -0.3029155622870125, "one_week_change_label": "-0.3%", "relative_strength": -13.996019, "fair_value_gap_label": "+20.1%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Trend agreement", "value": "95", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 84.9, "confidence_label": "85/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 29% / P 71%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.07", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "95/100", "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": 24.9, "score_label": "25/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-37"}, {"label": "1W price", "value": "-0.3%"}, {"label": "Call premium", "value": "29%"}, {"label": "Put premium", "value": "71%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 14309, "open_interest": 9379, "premium": 3635566.5, "premium_label": "$3.6M", "premium_share": 39.572404883333746, "weighted_strike": 27.01236983716542, "avg_iv": 0.5088809090909091, "max_voi": 33.22663551, "why": "puts cluster with 14309 contracts traded, $3.6M estimated gross traded notional, and 40% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 20081, "open_interest": 37098, "premium": 2218998.5, "premium_label": "$2.2M", "premium_share": 24.153349162368578, "weighted_strike": 26.0, "avg_iv": 0.48804, "max_voi": 0.55811885, "why": "puts cluster with 20081 contracts traded, $2.2M estimated gross traded notional, and 24% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 7525, "open_interest": 104379, "premium": 1528383.5, "premium_label": "$1.5M", "premium_share": 16.636144787616104, "weighted_strike": 30.94910299003322, "avg_iv": 0.449014, "max_voi": 9.24677716, "why": "calls cluster with 7525 contracts traded, $1.5M estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 8449, "open_interest": 92990, "premium": 587818.5, "premium_label": "$587818", "premium_share": 6.398285296091797, "weighted_strike": 32.204047816309625, "avg_iv": 0.4547277142857143, "max_voi": 1.53901996, "why": "calls cluster with 8449 contracts traded, $587818 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 813, "open_interest": 689, "premium": 169687.5, "premium_label": "$169688", "premium_share": 1.847014063321547, "weighted_strike": 26.0, "avg_iv": 0.50267, "max_voi": 2.2991453, "why": "puts cluster with 813 contracts traded, $169688 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $9.2M of estimated gross traded notional, puts \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/c3db1998-fadd-44e3-87db-d70bb15c645e/", "research_links": {"chart": "/terminal/c3db1998-fadd-44e3-87db-d70bb15c645e/", "report": "/terminal/c3db1998-fadd-44e3-87db-d70bb15c645e/report/", "factor": "/factors/ticker/c3db1998-fadd-44e3-87db-d70bb15c645e/", "insider": "/insider-activity/company/ccl/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}