{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ESS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 50.81, "avg_conviction_label": "50.8", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "ESS", "leader_score": "51", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Real Estate", "count": 1, "avg_score": "50.81", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "ESS", "name": "Essex Property Trust Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Residential", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-residential/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 50.81, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 25.49, "volatility_score": 32.05, "edge_label": "Call-side pressure", "insight": "ESS shows bullish options pressure with a 51/100 conviction score, put-call volume ratio of 0.00, expected move of 4.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T18:28:18.606174+00:00", "snapshot": {"fetched_at": "2026-08-01T18:28:18.606174+00:00", "underlying_price": 284.14, "total_contracts": 232, "call_contracts": 116, "put_contracts": 116, "call_volume": 53, "put_volume": 0, "call_open_interest": 1825, "put_open_interest": 677, "put_call_volume_ratio": 0.0, "put_call_open_interest_ratio": 0.3709589, "volume_open_interest_ratio": 0.02118305, "avg_implied_volatility": 0.20389875, "max_pain_strike": 290.0, "expected_move_percent": 4.44323221, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 284.14, "one_week_change": -3.1759013153411026, "one_week_change_label": "-3.2%", "relative_strength": 0.424297, "fair_value_gap_label": "+12.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-2.1%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 74.5, "confidence_label": "74/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 100% / P 0%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 3 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": "Bullish flow against weak price", "tone": "warning", "score": 59.1, "score_label": "59/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "-3.2%"}, {"label": "Call premium", "value": "100%"}, {"label": "Put premium", "value": "0%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 25, "open_interest": 32, "premium": 17375.0, "premium_label": "$17375", "premium_share": 75.47784535186794, "weighted_strike": 290.0, "avg_iv": 0.212435, "max_voi": 3.125, "why": "calls cluster with 25 contracts traded, $17375 estimated gross traded notional, and 75% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 27, "premium": 2785.0, "premium_label": "$2785", "premium_share": 12.098175499565595, "weighted_strike": 260.0, "avg_iv": 0.20212806451612902, "max_voi": 0.0, "why": "calls cluster with 1 contracts traded, $2785 estimated gross traded notional, and 12% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 25, "open_interest": 814, "premium": 2180.0, "premium_label": "$2180", "premium_share": 9.47002606429192, "weighted_strike": 301.6, "avg_iv": 0.31655923076923076, "max_voi": 0.07843137, "why": "calls cluster with 25 contracts traded, $2180 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 2, "open_interest": 400, "premium": 680.0, "premium_label": "$680", "premium_share": 2.953953084274544, "weighted_strike": 290.0, "avg_iv": 0.219755, "max_voi": 0.00501253, "why": "calls cluster with 2 contracts traded, $680 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $23020 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 atm, and a bullish flow against weak 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/130ef108-3ca6-4ca8-a9eb-d81e3330caea/", "research_links": {"chart": "/terminal/130ef108-3ca6-4ca8-a9eb-d81e3330caea/", "report": "/terminal/130ef108-3ca6-4ca8-a9eb-d81e3330caea/report/", "factor": "/factors/ticker/130ef108-3ca6-4ca8-a9eb-d81e3330caea/", "insider": "/insider-activity/company/ess/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}