{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ECL", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 43.49, "avg_conviction_label": "43.5", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "ECL", "leader_score": "43", "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": "Basic Materials", "count": 1, "avg_score": "43.49", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "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": "ECL", "name": "Ecolab Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Specialty Chemicals", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/specialty-chemicals/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 43.49, "options_pressure_score": -20.4, "trend_confirmation_score": 83.42, "speculation_score": 43.1, "volatility_score": 37.55, "edge_label": "Put-side pressure", "insight": "ECL shows bearish options pressure with a 43/100 conviction score, put-call volume ratio of 1.74, expected move of 4.9%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T00:57:27.208185+00:00", "snapshot": {"fetched_at": "2026-08-02T00:57:27.208185+00:00", "underlying_price": 277.63, "total_contracts": 304, "call_contracts": 152, "put_contracts": 152, "call_volume": 753, "put_volume": 1313, "call_open_interest": 10732, "put_open_interest": 4734, "put_call_volume_ratio": 1.7436919, "put_call_open_interest_ratio": 0.4411107, "volume_open_interest_ratio": 0.13358334, "avg_implied_volatility": 0.25755375, "max_pain_strike": 270.0, "expected_move_percent": 4.88059648, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 277.63, "one_week_change": 3.304186046511628, "one_week_change_label": "+3.3%", "relative_strength": -5.73442, "fair_value_gap_label": "+15.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Trend agreement", "value": "83", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 71.3, "confidence_label": "71/100", "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 14% / P 86%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.13", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "83/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 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": "Bearish flow against rising price", "tone": "warning", "score": 26.9, "score_label": "27/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-20"}, {"label": "1W price", "value": "+3.3%"}, {"label": "Call premium", "value": "14%"}, {"label": "Put premium", "value": "86%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 237, "open_interest": 257, "premium": 253590.0, "premium_label": "$253590", "premium_share": 30.562770041037197, "weighted_strike": 280.0, "avg_iv": 0.24902, "max_voi": 0.95180723, "why": "puts cluster with 237 contracts traded, $253590 estimated gross traded notional, and 31% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 567, "open_interest": 449, "premium": 247664.5, "premium_label": "$247664", "premium_share": 29.848626368659872, "weighted_strike": 263.84479717813053, "avg_iv": 0.28695814814814813, "max_voi": 17.6, "why": "puts cluster with 567 contracts traded, $247664 estimated gross traded notional, and 30% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 91, "open_interest": 30, "premium": 126945.0, "premium_label": "$126945", "premium_share": 15.299463081586289, "weighted_strike": 290.0, "avg_iv": 0.5259353846153846, "max_voi": 3.25, "why": "puts cluster with 91 contracts traded, $126945 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 333, "open_interest": 1547, "premium": 61189.0, "premium_label": "$61189", "premium_share": 7.37452319113934, "weighted_strike": 300.33033033033036, "avg_iv": 0.23159857142857143, "max_voi": 17.61111111, "why": "calls cluster with 333 contracts traded, $61189 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 309, "open_interest": 2905, "premium": 49736.5, "premium_label": "$49736", "premium_share": 5.994263228621186, "weighted_strike": 255.210355987055, "avg_iv": 0.44283533333333336, "max_voi": 0.12022746, "why": "puts cluster with 309 contracts traded, $49736 estimated gross traded notional, and 6% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $829735 of estimated gross traded notional, puts \u00b7 46-90 days \u00b7 atm, and a bearish flow against rising 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/c3b28d3c-2941-4652-b527-11dc0b42171f/", "research_links": {"chart": "/terminal/c3b28d3c-2941-4652-b527-11dc0b42171f/", "report": "/terminal/c3b28d3c-2941-4652-b527-11dc0b42171f/report/", "factor": "/factors/ticker/c3b28d3c-2941-4652-b527-11dc0b42171f/", "insider": "/insider-activity/company/ecl/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}