{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CPA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 40.03, "avg_conviction_label": "40.0", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "CPA", "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": "Industrials", "count": 1, "avg_score": "40.03", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": "CPA", "name": "Copa Holdings SA", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Airlines", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/airlines/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 40.03, "options_pressure_score": 41.29, "trend_confirmation_score": 50.92, "speculation_score": 10.16, "volatility_score": 72.12, "edge_label": "Call-side pressure", "insight": "CPA shows bullish options pressure with a 40/100 conviction score, put-call volume ratio of 0.39, expected move of 9.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T09:09:52.265465+00:00", "snapshot": {"fetched_at": "2026-08-02T09:09:52.265465+00:00", "underlying_price": 141.22, "total_contracts": 364, "call_contracts": 182, "put_contracts": 182, "call_volume": 49, "put_volume": 19, "call_open_interest": 4284, "put_open_interest": 5295, "put_call_volume_ratio": 0.3877551, "put_call_open_interest_ratio": 1.2359944, "volume_open_interest_ratio": 0.00709886, "avg_implied_volatility": 0.48803625, "max_pain_strike": 140.0, "expected_move_percent": 9.48874097, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 141.22, "one_week_change": 3.6248899324919286, "one_week_change_label": "+3.6%", "relative_strength": 3.790324, "fair_value_gap_label": "+42.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "9.5%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 75.9, "confidence_label": "76/100", "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 69% / P 31%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "51/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 3 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 confirms price", "tone": "positive", "score": 31.3, "score_label": "31/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+41"}, {"label": "1W price", "value": "+3.6%"}, {"label": "Call premium", "value": "69%"}, {"label": "Put premium", "value": "31%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 42, "open_interest": 1288, "premium": 15015.0, "premium_label": "$15015", "premium_share": 51.285116557083086, "weighted_strike": 175.0, "avg_iv": 0.38412660377358493, "max_voi": 0.875, "why": "calls cluster with 42 contracts traded, $15015 estimated gross traded notional, and 51% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 14, "open_interest": 63, "premium": 7935.0, "premium_label": "$7935", "premium_share": 27.10272393476219, "weighted_strike": 133.21428571428572, "avg_iv": 0.5097663636363636, "max_voi": 0.6875, "why": "puts cluster with 14 contracts traded, $7935 estimated gross traded notional, and 27% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 5, "open_interest": 4, "premium": 4800.0, "premium_label": "$4800", "premium_share": 16.394842455810775, "weighted_strike": 140.0, "avg_iv": 0.42462, "max_voi": 1.25, "why": "calls cluster with 5 contracts traded, $4800 estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 4, "open_interest": 2970, "premium": 770.0, "premium_label": "$770", "premium_share": 2.630005977286312, "weighted_strike": 90.0, "avg_iv": 0.47915178571428574, "max_voi": 0.125, "why": "puts cluster with 4 contracts traded, $770 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 1743, "premium": 520.0, "premium_label": "$520", "premium_share": 1.7761079327128342, "weighted_strike": 152.5, "avg_iv": 0.4306276923076923, "max_voi": 0.00719424, "why": "calls cluster with 2 contracts traded, $520 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: $29278 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, and a bullish flow confirms 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/a3c2f60e-dc96-4219-a5e4-61a39aa9231b/", "research_links": {"chart": "/terminal/a3c2f60e-dc96-4219-a5e4-61a39aa9231b/", "report": "/terminal/a3c2f60e-dc96-4219-a5e4-61a39aa9231b/report/", "factor": "/factors/ticker/a3c2f60e-dc96-4219-a5e4-61a39aa9231b/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}