{"latest_run": "2026-08-03T19:30:24.463190+00:00", "coverage_count": 6119, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "DCTH", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 47.63, "avg_conviction_label": "47.6", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "DCTH", "leader_score": "48", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [{"ticker__sector": "Healthcare", "count": 1, "avg_score": "47.63", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "volatility", "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": "DCTH", "name": "Delcath Systems Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Medical Devices", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/medical-devices/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 47.63, "options_pressure_score": 9.15, "trend_confirmation_score": 84.08, "speculation_score": 56.05, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "DCTH shows volatility options pressure with a 48/100 conviction score, put-call volume ratio of 1.04, expected move of 19.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-03T18:43:36.362333+00:00", "snapshot": {"fetched_at": "2026-08-03T18:43:36.362333+00:00", "underlying_price": 12.22, "total_contracts": 39, "call_contracts": 24, "put_contracts": 15, "call_volume": 1481, "put_volume": 1533, "call_open_interest": 3982, "put_open_interest": 374, "put_call_volume_ratio": 1.03511141, "put_call_open_interest_ratio": 0.09392265, "volume_open_interest_ratio": 0.69191919, "avg_implied_volatility": 1.28833338, "max_pain_strike": 10.0, "expected_move_percent": 19.02618658, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 12.22, "one_week_change": 0.0, "one_week_change_label": "+0.0%", "relative_strength": 6.060629, "fair_value_gap_label": "+32.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "0.69", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "19.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "84", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 93.6, "confidence_label": "94/100", "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 93% / P 7%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.69", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "84/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 2 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": "Volatility flow versus price", "tone": "warning", "score": 14.2, "score_label": "14/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+9"}, {"label": "1W price", "value": "+0.0%"}, {"label": "Call premium", "value": "93%"}, {"label": "Put premium", "value": "7%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 292, "open_interest": 443, "premium": 107230.0, "premium_label": "$107,230", "premium_share": 60.379632080093245, "weighted_strike": 9.537671232876713, "avg_iv": 1.424026692, "max_voi": 0.75471698, "why": "calls cluster with 292 contracts traded, $107,230 estimated gross traded notional, and 60% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 1006, "open_interest": 968, "premium": 23070.0, "premium_label": "$23,070", "premium_share": 12.990376872962335, "weighted_strike": 19.980119284294236, "avg_iv": 1.2109401966666666, "max_voi": 5.78034682, "why": "calls cluster with 1006 contracts traded, $23,070 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 39, "open_interest": 1093, "premium": 16125.0, "premium_label": "$16,125", "premium_share": 9.079749764911906, "weighted_strike": 8.717948717948717, "avg_iv": 3.3190126666666666, "max_voi": 0.45454545, "why": "calls cluster with 39 contracts traded, $16,125 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 85, "open_interest": 85, "premium": 9987.5, "premium_label": "$9,988", "premium_share": 5.623814001677994, "weighted_strike": 12.5, "avg_iv": 0.52344227, "max_voi": 1.0, "why": "calls cluster with 85 contracts traded, $9,988 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 1505, "open_interest": 222, "premium": 7610.0, "premium_label": "$7,610", "premium_share": 4.285078803781681, "weighted_strike": 7.503322259136213, "avg_iv": 2.4830757633333334, "max_voi": 55.59259259, "why": "puts cluster with 1505 contracts traded, $7,610 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $177,593 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a volatility flow versus 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/8c2744a1-ae90-415d-86bf-993508c43fec/", "research_links": {"chart": "/terminal/8c2744a1-ae90-415d-86bf-993508c43fec/", "report": "/terminal/8c2744a1-ae90-415d-86bf-993508c43fec/report/", "factor": "/factors/ticker/8c2744a1-ae90-415d-86bf-993508c43fec/", "insider": "/insider-activity/company/dcth/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}