{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CNC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.41, "avg_conviction_label": "45.4", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "CNC", "leader_score": "45", "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": "45.41", "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": 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": "CNC", "name": "Centene Corp", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Healthcare Plans", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/healthcare-plans/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 45.41, "options_pressure_score": 20.83, "trend_confirmation_score": 89.52, "speculation_score": 40.88, "volatility_score": 43.93, "edge_label": "Call-side pressure", "insight": "CNC shows bullish options pressure with a 45/100 conviction score, put-call volume ratio of 0.77, expected move of 1.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T20:00:21.061859+00:00", "snapshot": {"fetched_at": "2026-07-31T20:00:21.061859+00:00", "underlying_price": 63.41, "total_contracts": 595, "call_contracts": 329, "put_contracts": 266, "call_volume": 6499, "put_volume": 4992, "call_open_interest": 222128, "put_open_interest": 79345, "put_call_volume_ratio": 0.76811817, "put_call_open_interest_ratio": 0.35720395, "volume_open_interest_ratio": 0.03811618, "avg_implied_volatility": 0.55408226, "max_pain_strike": 63.0, "expected_move_percent": 1.28528623, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 63.41, "one_week_change": -4.560505719446117, "one_week_change_label": "-4.6%", "relative_strength": 37.457973, "fair_value_gap_label": "+8.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.6%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "90", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 94, "confidence_label": "94/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 72% / P 28%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "90/100", "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 against weak price", "tone": "warning", "score": 30.4, "score_label": "30/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+21"}, {"label": "1W price", "value": "-4.6%"}, {"label": "Call premium", "value": "72%"}, {"label": "Put premium", "value": "28%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 804, "open_interest": 26179, "premium": 2616827.5, "premium_label": "$2.6M", "premium_share": 41.93588786787065, "weighted_strike": 33.94900497512438, "avg_iv": 0.7642083930555555, "max_voi": 3.04347826, "why": "calls cluster with 804 contracts traded, $2.6M estimated gross traded notional, and 42% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 1327, "open_interest": 30229, "premium": 878997.5, "premium_label": "$878998", "premium_share": 14.08634714979823, "weighted_strike": 74.89261492087415, "avg_iv": 0.49071192555555554, "max_voi": 1.2, "why": "calls cluster with 1327 contracts traded, $878998 estimated gross traded notional, and 14% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 440, "open_interest": 2121, "premium": 570332.5, "premium_label": "$570332", "premium_share": 9.13984577409185, "weighted_strike": 70.07386363636364, "avg_iv": 0.48526068, "max_voi": 3.42857143, "why": "puts cluster with 440 contracts traded, $570332 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 191, "open_interest": 7815, "premium": 548195.5, "premium_label": "$548196", "premium_share": 8.785089967784, "weighted_strike": 33.075916230366495, "avg_iv": 0.6440303185714286, "max_voi": 0.65, "why": "calls cluster with 191 contracts traded, $548196 estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 739, "open_interest": 98, "premium": 464367.5, "premium_label": "$464368", "premium_share": 7.441706956031081, "weighted_strike": 67.71989174560217, "avg_iv": 1.2049606791666667, "max_voi": 33.09090909, "why": "puts cluster with 739 contracts traded, $464368 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $6.2M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bullish flow against weak 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/1ec58871-c065-489e-a86e-07a90550bef4/", "research_links": {"chart": "/terminal/1ec58871-c065-489e-a86e-07a90550bef4/", "report": "/terminal/1ec58871-c065-489e-a86e-07a90550bef4/report/", "factor": "/factors/ticker/1ec58871-c065-489e-a86e-07a90550bef4/", "insider": "/insider-activity/company/cnc/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}