{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ERAS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 58.38, "avg_conviction_label": "58.4", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "ERAS", "leader_score": "58", "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": "58.38", "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": "ERAS", "name": "Erasca Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 58.38, "options_pressure_score": 71.5, "trend_confirmation_score": 65.3, "speculation_score": 8.06, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "ERAS shows volatility options pressure with a 58/100 conviction score, put-call volume ratio of 0.24, expected move of 20.7%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T08:12:24.464278+00:00", "snapshot": {"fetched_at": "2026-07-31T08:12:24.464278+00:00", "underlying_price": 19.11, "total_contracts": 240, "call_contracts": 120, "put_contracts": 120, "call_volume": 300, "put_volume": 71, "call_open_interest": 125434, "put_open_interest": 23254, "put_call_volume_ratio": 0.23666667, "put_call_open_interest_ratio": 0.18538833, "volume_open_interest_ratio": 0.00249516, "avg_implied_volatility": 1.1026575, "max_pain_strike": 17.5, "expected_move_percent": 20.66980638, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 19.11, "one_week_change": -0.3129890453834116, "one_week_change_label": "-0.3%", "relative_strength": 102.878746, "fair_value_gap_label": "+335.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "20.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "65", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 85.8, "confidence_label": "86/100", "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 86% / P 14%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.00", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "65/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "11 Aug", "detail": "Matched earnings event is 11 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": 34.6, "score_label": "35/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+72"}, {"label": "1W price", "value": "-0.3%"}, {"label": "Call premium", "value": "86%"}, {"label": "Put premium", "value": "14%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 181, "open_interest": 17427, "premium": 104405.0, "premium_label": "$104405", "premium_share": 53.38293004052102, "weighted_strike": 14.737569060773481, "avg_iv": 0.5389078571428572, "max_voi": 0.10845987, "why": "calls cluster with 181 contracts traded, $104405 estimated gross traded notional, and 53% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 57, "open_interest": 42614, "premium": 43980.0, "premium_label": "$43980", "premium_share": 22.487249300149557, "weighted_strike": 13.24561403508772, "avg_iv": 0.7497532653061224, "max_voi": 0.03831418, "why": "calls cluster with 57 contracts traded, $43980 estimated gross traded notional, and 22% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 62, "open_interest": 16156, "premium": 26195.0, "premium_label": "$26195", "premium_share": 13.393667471974025, "weighted_strike": 12.5, "avg_iv": 0.9838930612244898, "max_voi": 0.07888041, "why": "puts cluster with 62 contracts traded, $26195 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 37, "open_interest": 37377, "premium": 14350.0, "premium_label": "$14350", "premium_share": 7.337244826219785, "weighted_strike": 23.986486486486488, "avg_iv": 0.9386177142857143, "max_voi": 0.18292683, "why": "calls cluster with 37 contracts traded, $14350 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 18, "open_interest": 23801, "premium": 3690.0, "premium_label": "$3690", "premium_share": 1.8867200981708019, "weighted_strike": 23.88888888888889, "avg_iv": 0.901685, "max_voi": 0.03004292, "why": "calls cluster with 18 contracts traded, $3690 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $195578 of estimated gross traded notional, calls \u00b7 46-90 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/896301e5-b0f4-4abb-a4ad-b6d9249cee70/", "research_links": {"chart": "/terminal/896301e5-b0f4-4abb-a4ad-b6d9249cee70/", "report": "/terminal/896301e5-b0f4-4abb-a4ad-b6d9249cee70/report/", "factor": "/factors/ticker/896301e5-b0f4-4abb-a4ad-b6d9249cee70/", "insider": "/insider-activity/company/eras/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}