{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CVE", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.14, "avg_conviction_label": "45.1", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "CVE", "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": "Energy", "count": 1, "avg_score": "45.14", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "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": "CVE", "name": "Cenovus Energy Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Integrated", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-integrated/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 45.14, "options_pressure_score": 32.17, "trend_confirmation_score": 71.51, "speculation_score": 29.24, "volatility_score": 66.01, "edge_label": "Call-side pressure", "insight": "CVE shows bullish options pressure with a 45/100 conviction score, put-call volume ratio of 0.61, expected move of 9.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T06:39:53.643399+00:00", "snapshot": {"fetched_at": "2026-07-31T06:39:53.643399+00:00", "underlying_price": 29.28, "total_contracts": 336, "call_contracts": 168, "put_contracts": 168, "call_volume": 2666, "put_volume": 1617, "call_open_interest": 109419, "put_open_interest": 39420, "put_call_volume_ratio": 0.60652663, "put_call_open_interest_ratio": 0.3602665, "volume_open_interest_ratio": 0.02877606, "avg_implied_volatility": 0.40633125, "max_pain_strike": 28.0, "expected_move_percent": 9.3920765, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 29.28, "one_week_change": 4.758497316636851, "one_week_change_label": "+4.8%", "relative_strength": 29.289562, "fair_value_gap_label": "+66.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "72", "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": 75.6, "confidence_label": "76/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 76% / P 24%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "72/100", "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 confirms price", "tone": "positive", "score": 34.0, "score_label": "34/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+32"}, {"label": "1W price", "value": "+4.8%"}, {"label": "Call premium", "value": "76%"}, {"label": "Put premium", "value": "24%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 258, "open_interest": 49695, "premium": 168890.0, "premium_label": "$168890", "premium_share": 27.11578676963462, "weighted_strike": 25.36046511627907, "avg_iv": 0.22838868852459016, "max_voi": 1.2, "why": "calls cluster with 258 contracts traded, $168890 estimated gross traded notional, and 27% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 1489, "open_interest": 6350, "premium": 112065.0, "premium_label": "$112065", "premium_share": 17.992365707496617, "weighted_strike": 31.976494291470786, "avg_iv": 0.433405, "max_voi": 0.8597786, "why": "calls cluster with 1489 contracts traded, $112065 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 664, "open_interest": 832, "premium": 94522.5, "premium_label": "$94522", "premium_share": 15.175865681406766, "weighted_strike": 29.995481927710845, "avg_iv": 0.3856, "max_voi": 2.644, "why": "puts cluster with 664 contracts traded, $94522 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 200, "open_interest": 3476, "premium": 61952.5, "premium_label": "$61952", "premium_share": 9.946656284242932, "weighted_strike": 27.715, "avg_iv": 0.6355, "max_voi": 0.07874374, "why": "calls cluster with 200 contracts traded, $61952 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 261, "open_interest": 4473, "premium": 40670.0, "premium_label": "$40670", "premium_share": 6.529688246320327, "weighted_strike": 29.773946360153257, "avg_iv": 0.424625, "max_voi": 0.09232176, "why": "calls cluster with 261 contracts traded, $40670 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: $622848 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, 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/f63fd3c2-098e-493e-bb35-c736f3ec80f2/", "research_links": {"chart": "/terminal/f63fd3c2-098e-493e-bb35-c736f3ec80f2/", "report": "/terminal/f63fd3c2-098e-493e-bb35-c736f3ec80f2/report/", "factor": "/factors/ticker/f63fd3c2-098e-493e-bb35-c736f3ec80f2/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}