{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CIGI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 41.54, "avg_conviction_label": "41.5", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "CIGI", "leader_score": "42", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Real Estate", "count": 1, "avg_score": "41.54", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "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": "CIGI", "name": "Colliers International Group Inc Bats", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Real Estate Services", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/real-estate-services/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 41.54, "options_pressure_score": -10.83, "trend_confirmation_score": 73.93, "speculation_score": 49.09, "volatility_score": 69.7, "edge_label": "Options-market disagreement", "insight": "CIGI shows mixed options pressure with a 42/100 conviction score, put-call volume ratio of 1.03, expected move of 9.7%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T19:41:11.828605+00:00", "snapshot": {"fetched_at": "2026-07-30T19:41:11.828605+00:00", "underlying_price": 97.49, "total_contracts": 61, "call_contracts": 30, "put_contracts": 31, "call_volume": 350, "put_volume": 361, "call_open_interest": 654, "put_open_interest": 1160, "put_call_volume_ratio": 1.03142857, "put_call_open_interest_ratio": 1.77370031, "volume_open_interest_ratio": 0.39195149, "avg_implied_volatility": 0.44185434, "max_pain_strike": 110.0, "expected_move_percent": 9.69330188, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 97.49, "one_week_change": -4.346546310832025, "one_week_change_label": "-4.3%", "relative_strength": -32.004663, "fair_value_gap_label": "-22.2%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "9.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "74", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 67.9, "confidence_label": "68/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 14% / P 86%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.39", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "74/100", "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": "No clean flow/price divergence", "tone": "neutral", "score": 26.7, "score_label": "27/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-11"}, {"label": "1W price", "value": "-4.3%"}, {"label": "Call premium", "value": "14%"}, {"label": "Put premium", "value": "86%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 239, "open_interest": 404, "premium": 440740.0, "premium_label": "$440740", "premium_share": 76.58583629460368, "weighted_strike": 117.34309623430963, "avg_iv": 0.263455445, "max_voi": 1.0, "why": "puts cluster with 239 contracts traded, $440740 estimated gross traded notional, and 77% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 317, "open_interest": 602, "premium": 64408.0, "premium_label": "$64408", "premium_share": 11.191951136867164, "weighted_strike": 106.90851735015772, "avg_iv": 1.21662268, "max_voi": 3.94736842, "why": "calls cluster with 317 contracts traded, $64408 estimated gross traded notional, and 11% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 110, "open_interest": 54, "premium": 39854.5, "premium_label": "$39854", "premium_share": 6.925375987210788, "weighted_strike": 88.13636363636364, "avg_iv": 0.39945058625, "max_voi": 14.33333333, "why": "puts cluster with 110 contracts traded, $39854 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 8, "open_interest": 286, "premium": 13610.0, "premium_label": "$13610", "premium_share": 2.3649617279338297, "weighted_strike": 110.0, "avg_iv": 0.20403831333333333, "max_voi": 0.00701754, "why": "puts cluster with 8 contracts traded, $13610 estimated gross traded notional, and 2% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 4, "open_interest": 8, "premium": 7985.0, "premium_label": "$7985", "premium_share": 1.3875253047429559, "weighted_strike": 82.5, "avg_iv": 0.4084531825, "max_voi": 1.0, "why": "calls cluster with 4 contracts traded, $7985 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $575485 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 itm, and a no clean flow/price divergence 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/62308093-a6b0-4d7a-b163-01c036d74b58/", "research_links": {"chart": "/terminal/62308093-a6b0-4d7a-b163-01c036d74b58/", "report": "/terminal/62308093-a6b0-4d7a-b163-01c036d74b58/report/", "factor": "/factors/ticker/62308093-a6b0-4d7a-b163-01c036d74b58/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}