{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "CVLG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 56.36, "avg_conviction_label": "56.4", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "CVLG", "leader_score": "56", "leader_direction": "bearish", "leader_direction_label": "Bearish", "leader_tone": "negative", "leader_read": "The strongest current read leans put-side, which is usually a caution flag or downside-risk signal."}, "charts": {"sectors": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "56.36", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bearish", "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": "CVLG", "name": "Covenant Logistics Group, Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Trucking", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/trucking/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 56.36, "options_pressure_score": -90.31, "trend_confirmation_score": 12.43, "speculation_score": 44.89, "volatility_score": 53.23, "edge_label": "Put-side pressure", "insight": "CVLG shows bearish options pressure with a 56/100 conviction score, put-call volume ratio of 8.92, expected move of 6.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T00:21:30.111312+00:00", "snapshot": {"fetched_at": "2026-08-02T00:21:30.111312+00:00", "underlying_price": 35.52, "total_contracts": 96, "call_contracts": 48, "put_contracts": 48, "call_volume": 37, "put_volume": 330, "call_open_interest": 606, "put_open_interest": 1135, "put_call_volume_ratio": 8.91891892, "put_call_open_interest_ratio": 1.87293729, "volume_open_interest_ratio": 0.21079839, "avg_implied_volatility": 0.39047875, "max_pain_strike": 40.0, "expected_move_percent": 6.47522523, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 35.52, "one_week_change": -24.02139037433155, "one_week_change_label": "-24.0%", "relative_strength": 15.007461, "fair_value_gap_label": "+39.9%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "6.5%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "12", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 85.0, "confidence_label": "85/100", "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 64% / P 36%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.21", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "12/100", "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": "Bearish flow confirms price", "tone": "negative", "score": 100, "score_label": "100/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-90"}, {"label": "1W price", "value": "-24.0%"}, {"label": "Call premium", "value": "64%"}, {"label": "Put premium", "value": "36%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 10, "open_interest": 67, "premium": 15750.0, "premium_label": "$15750", "premium_share": 34.298780487804876, "weighted_strike": 20.0, "avg_iv": 0.82624, "max_voi": 0.625, "why": "calls cluster with 10 contracts traded, $15750 estimated gross traded notional, and 34% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 151, "open_interest": 171, "premium": 12080.0, "premium_label": "$12080", "premium_share": 26.306620209059233, "weighted_strike": 35.0, "avg_iv": 0.31731, "max_voi": 0.88304094, "why": "puts cluster with 151 contracts traded, $12080 estimated gross traded notional, and 26% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 10, "open_interest": 22, "premium": 11850.0, "premium_label": "$11850", "premium_share": 25.80574912891986, "weighted_strike": 25.0, "avg_iv": 0.60145, "max_voi": 0.0, "why": "calls cluster with 10 contracts traded, $11850 estimated gross traded notional, and 26% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 175, "open_interest": 333, "premium": 3062.5, "premium_label": "$3062", "premium_share": 6.6692073170731705, "weighted_strike": 30.0, "avg_iv": 0.5855966666666667, "max_voi": 8.33333333, "why": "puts cluster with 175 contracts traded, $3062 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 3, "open_interest": 24, "premium": 1245.0, "premium_label": "$1245", "premium_share": 2.711236933797909, "weighted_strike": 35.0, "avg_iv": 0.45389, "max_voi": 0.125, "why": "puts cluster with 3 contracts traded, $1245 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $45920 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 itm, and a bearish 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/a3fdfc5e-533b-4a45-b216-cc7120c1559c/", "research_links": {"chart": "/terminal/a3fdfc5e-533b-4a45-b216-cc7120c1559c/", "report": "/terminal/a3fdfc5e-533b-4a45-b216-cc7120c1559c/report/", "factor": "/factors/ticker/a3fdfc5e-533b-4a45-b216-cc7120c1559c/", "insider": "/insider-activity/company/cvlg/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}