{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "COHR", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 41.62, "avg_conviction_label": "41.6", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "COHR", "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": "Technology", "count": 1, "avg_score": "41.62", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "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": "COHR", "name": "Coherent Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Scientific & Technical Instruments", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/scientific-technical-instruments/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 41.62, "options_pressure_score": -6.9, "trend_confirmation_score": 75.6, "speculation_score": 43.05, "volatility_score": 96.0, "edge_label": "Options-market disagreement", "insight": "COHR shows mixed options pressure with a 42/100 conviction score, put-call volume ratio of 1.06, expected move of 12.8%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T21:28:58.645209+00:00", "snapshot": {"fetched_at": "2026-08-01T21:28:58.645209+00:00", "underlying_price": 262.89, "total_contracts": 2000, "call_contracts": 1000, "put_contracts": 1000, "call_volume": 11636, "put_volume": 12367, "call_open_interest": 78653, "put_open_interest": 103898, "put_call_volume_ratio": 1.06282228, "put_call_open_interest_ratio": 1.32096678, "volume_open_interest_ratio": 0.13148654, "avg_implied_volatility": 1.1233875, "max_pain_strike": 280.0, "expected_move_percent": 12.76199171, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 262.89, "one_week_change": -6.905343673642834, "one_week_change_label": "-6.9%", "relative_strength": 9.329866, "fair_value_gap_label": "+118.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "12.8%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "76", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 92.5, "confidence_label": "93/100", "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 44% / P 56%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.13", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "76/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "12 Aug", "detail": "Matched earnings event is 11 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": "No clean flow/price divergence", "tone": "neutral", "score": 31.6, "score_label": "32/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-7"}, {"label": "1W price", "value": "-6.9%"}, {"label": "Call premium", "value": "44%"}, {"label": "Put premium", "value": "56%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 4588, "open_interest": 7661, "premium": 7182792.5, "premium_label": "$7.2M", "premium_share": 18.93169419783873, "weighted_strike": 237.4095466434176, "avg_iv": 1.2430710714285715, "max_voi": 33.1, "why": "puts cluster with 4588 contracts traded, $7.2M estimated gross traded notional, and 19% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 1437, "open_interest": 3340, "premium": 5357295.0, "premium_label": "$5.4M", "premium_share": 14.120228402478624, "weighted_strike": 283.6812804453723, "avg_iv": 1.094026923076923, "max_voi": 8.14465409, "why": "puts cluster with 1437 contracts traded, $5.4M estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 5804, "open_interest": 3125, "premium": 3907146.5, "premium_label": "$3.9M", "premium_share": 10.298070384764129, "weighted_strike": 295.7645589248794, "avg_iv": 1.0761764285714286, "max_voi": 91.27272727, "why": "calls cluster with 5804 contracts traded, $3.9M estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 2168, "open_interest": 8737, "premium": 3327052.5, "premium_label": "$3.3M", "premium_share": 8.769115982419768, "weighted_strike": 316.99953874538744, "avg_iv": 1.1809254545454546, "max_voi": 21.0, "why": "calls cluster with 2168 contracts traded, $3.3M estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 1532, "open_interest": 8385, "premium": 3006042.5, "premium_label": "$3.0M", "premium_share": 7.9230295676377445, "weighted_strike": 348.2702349869452, "avg_iv": 1.0092792857142858, "max_voi": 1.76021798, "why": "calls cluster with 1532 contracts traded, $3.0M estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $37.9M of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 otm, 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/0c148c95-feb8-48f3-8221-9c2d980681e3/", "research_links": {"chart": "/terminal/0c148c95-feb8-48f3-8221-9c2d980681e3/", "report": "/terminal/0c148c95-feb8-48f3-8221-9c2d980681e3/report/", "factor": "/factors/ticker/0c148c95-feb8-48f3-8221-9c2d980681e3/", "insider": "/insider-activity/company/cohr/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}