{"latest_run": "2026-08-03T20:50:00.024052+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CHRS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 39.55, "avg_conviction_label": "39.5", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "CHRS", "leader_score": "40", "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": "Healthcare", "count": 1, "avg_score": "39.55", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "CHRS", "name": "Coherus BioSciences Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 39.55, "options_pressure_score": 59.35, "trend_confirmation_score": 11.1, "speculation_score": 9.73, "volatility_score": 96.0, "edge_label": "Call-side pressure", "insight": "CHRS shows bullish options pressure with a 40/100 conviction score, put-call volume ratio of 0.34, expected move of 31.2%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-03T18:19:29.893814+00:00", "snapshot": {"fetched_at": "2026-08-03T18:19:29.893814+00:00", "underlying_price": 1.41, "total_contracts": 33, "call_contracts": 22, "put_contracts": 11, "call_volume": 783, "put_volume": 267, "call_open_interest": 12274, "put_open_interest": 1838, "put_call_volume_ratio": 0.34099617, "put_call_open_interest_ratio": 0.14974743, "volume_open_interest_ratio": 0.07440476, "avg_implied_volatility": 2.01562776, "max_pain_strike": 2.0, "expected_move_percent": 31.20567376, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 1.41, "one_week_change": 0.0, "one_week_change_label": "+0.0%", "relative_strength": -15.684005, "fair_value_gap_label": "-19.4%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "31.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "11", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 91.7, "confidence_label": "92/100", "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 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": "11/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 1 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": "Bullish flow before price confirmation", "tone": "positive", "score": 28.5, "score_label": "28/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+59"}, {"label": "1W price", "value": "+0.0%"}, {"label": "Call premium", "value": "29%"}, {"label": "Put premium", "value": "71%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 227, "open_interest": 1604, "premium": 36120.0, "premium_label": "$36,120", "premium_share": 66.651904340124, "weighted_strike": 2.9911894273127753, "avg_iv": 1.26563065, "max_voi": 0.20699172, "why": "puts cluster with 227 contracts traded, $36,120 estimated gross traded notional, and 67% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 605, "open_interest": 9289, "premium": 9862.0, "premium_label": "$9,862", "premium_share": 18.198258045467966, "weighted_strike": 1.6066115702479338, "avg_iv": 2.503127772, "max_voi": 0.40420372, "why": "calls cluster with 605 contracts traded, $9,862 estimated gross traded notional, and 18% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 149, "open_interest": 2752, "premium": 3470.0, "premium_label": "$3,470", "premium_share": 6.40315913788013, "weighted_strike": 2.634228187919463, "avg_iv": 1.542581751, "max_voi": 1.0, "why": "calls cluster with 149 contracts traded, $3,470 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 31, "open_interest": 213, "premium": 2443.0, "premium_label": "$2,443", "premium_share": 4.508045467965752, "weighted_strike": 1.9838709677419355, "avg_iv": 1.2011758675, "max_voi": 0.90909091, "why": "puts cluster with 31 contracts traded, $2,443 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 18, "open_interest": 46, "premium": 1305.0, "premium_label": "$1,305", "premium_share": 2.408104517271922, "weighted_strike": 0.9166666666666666, "avg_iv": 2.21354362, "max_voi": 0.71428571, "why": "calls cluster with 18 contracts traded, $1,305 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $54,192 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 itm, and a bullish flow before price confirmation 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/776dfb66-af44-47a1-87c5-67704546cb10/", "research_links": {"chart": "/terminal/776dfb66-af44-47a1-87c5-67704546cb10/", "report": "/terminal/776dfb66-af44-47a1-87c5-67704546cb10/report/", "factor": "/factors/ticker/776dfb66-af44-47a1-87c5-67704546cb10/", "insider": "/insider-activity/company/chrs/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}