{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "DLR", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 50.18, "avg_conviction_label": "50.2", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "DLR", "leader_score": "50", "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": "Real Estate", "count": 1, "avg_score": "50.18", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "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": "DLR", "name": "Digital Realty Trust Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Specialty", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-specialty/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 50.18, "options_pressure_score": -60.77, "trend_confirmation_score": 48.59, "speculation_score": 40.29, "volatility_score": 31.55, "edge_label": "Put-side pressure", "insight": "DLR shows bearish options pressure with a 50/100 conviction score, put-call volume ratio of 3.06, expected move of 3.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T17:29:23.975830+00:00", "snapshot": {"fetched_at": "2026-08-01T17:29:23.975830+00:00", "underlying_price": 188.52, "total_contracts": 970, "call_contracts": 485, "put_contracts": 485, "call_volume": 119, "put_volume": 364, "call_open_interest": 13499, "put_open_interest": 24801, "put_call_volume_ratio": 3.05882353, "put_call_open_interest_ratio": 1.8372472, "volume_open_interest_ratio": 0.01261097, "avg_implied_volatility": 0.2734075, "max_pain_strike": 190.0, "expected_move_percent": 3.10311903, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 188.52, "one_week_change": -5.304400241109102, "one_week_change_label": "-5.3%", "relative_strength": 0.307663, "fair_value_gap_label": "+22.7%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-0.8%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 82.4, "confidence_label": "82/100", "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 27% / P 73%", "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": "49/100", "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": 50.5, "score_label": "51/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-61"}, {"label": "1W price", "value": "-5.3%"}, {"label": "Call premium", "value": "27%"}, {"label": "Put premium", "value": "73%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 123, "open_interest": 883, "premium": 42710.0, "premium_label": "$42710", "premium_share": 30.226682425211784, "weighted_strike": 185.0609756097561, "avg_iv": 0.28386285714285714, "max_voi": 3.1025641, "why": "puts cluster with 123 contracts traded, $42710 estimated gross traded notional, and 30% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 64, "open_interest": 5538, "premium": 20787.5, "premium_label": "$20788", "premium_share": 14.711710627817606, "weighted_strike": 170.859375, "avg_iv": 0.4229413793103448, "max_voi": 0.71428571, "why": "puts cluster with 64 contracts traded, $20788 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 89, "open_interest": 44, "premium": 19755.0, "premium_label": "$19755", "premium_share": 13.980990665185175, "weighted_strike": 187.4438202247191, "avg_iv": 0.2612125, "max_voi": 69.0, "why": "puts cluster with 89 contracts traded, $19755 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ATM", "tone": "positive", "volume": 23, "open_interest": 112, "premium": 8355.0, "premium_label": "$8355", "premium_share": 5.91299301481256, "weighted_strike": 187.93478260869566, "avg_iv": 0.28153666666666666, "max_voi": 0.55555556, "why": "calls cluster with 23 contracts traded, $8355 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 55, "open_interest": 2428, "premium": 7462.5, "premium_label": "$7462", "premium_share": 5.281353725079441, "weighted_strike": 199.22727272727272, "avg_iv": 0.3137157894736842, "max_voi": 3.33333333, "why": "calls cluster with 55 contracts traded, $7462 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $141299 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 atm, 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/86d36905-c0b8-473d-a908-4946ebbf4cd7/", "research_links": {"chart": "/terminal/86d36905-c0b8-473d-a908-4946ebbf4cd7/", "report": "/terminal/86d36905-c0b8-473d-a908-4946ebbf4cd7/report/", "factor": "/factors/ticker/86d36905-c0b8-473d-a908-4946ebbf4cd7/", "insider": "/insider-activity/company/dlr/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}