{"latest_run": "2026-08-12T20:50:00.030871+00:00", "coverage_count": 6122, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ETN", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 46.12, "avg_conviction_label": "46.1", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "ETN", "leader_score": "46", "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": "Industrials", "count": 1, "avg_score": "46.12", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": "ETN", "name": "Eaton Corporation PLC", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Specialty Industrial Machinery", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/specialty-industrial-machinery/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 46.12, "options_pressure_score": -28.78, "trend_confirmation_score": 77.18, "speculation_score": 43.3, "volatility_score": 44.4, "edge_label": "Put-side pressure", "insight": "ETN shows bearish options pressure with a 46/100 conviction score, put-call volume ratio of 1.81, expected move of 3.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-12T21:26:14.786106+00:00", "snapshot": {"fetched_at": "2026-08-12T21:26:14.786106+00:00", "underlying_price": 448.68, "total_contracts": 1004, "call_contracts": 518, "put_contracts": 486, "call_volume": 5206, "put_volume": 9401, "call_open_interest": 51286, "put_open_interest": 51528, "put_call_volume_ratio": 1.805801, "put_call_open_interest_ratio": 1.00471864, "volume_open_interest_ratio": 0.14207209, "avg_implied_volatility": 0.4447077, "max_pain_strike": 425.0, "expected_move_percent": 3.31862352, "nearest_expiration": "2026-08-14"}, "market": {"latest_close": 448.68, "one_week_change": 8.328516438939287, "one_week_change_label": "+8.3%", "relative_strength": 7.866101, "fair_value_gap_label": "+40.7%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "5x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Trend agreement", "value": "77", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 60.6, "confidence_label": "61/100", "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 77% / P 23%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.14", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "77/100", "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 against rising price", "tone": "warning", "score": 45.7, "score_label": "46/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-29"}, {"label": "1W price", "value": "+8.3%"}, {"label": "Call premium", "value": "77%"}, {"label": "Put premium", "value": "23%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 348, "open_interest": 323, "premium": 3216095.0, "premium_label": "$3.2M", "premium_share": 20.208052595684126, "weighted_strike": 368.22557471264366, "avg_iv": 0.8748404055555555, "max_voi": 12.0, "why": "calls cluster with 348 contracts traded, $3.2M estimated gross traded notional, and 20% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 167, "open_interest": 1362, "premium": 2822540.0, "premium_label": "$2.8M", "premium_share": 17.7351840581271, "weighted_strike": 307.54491017964074, "avg_iv": 0.33593255555555557, "max_voi": 1.71428571, "why": "calls cluster with 167 contracts traded, $2.8M estimated gross traded notional, and 18% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 1893, "open_interest": 9779, "premium": 2538077.5, "premium_label": "$2.5M", "premium_share": 15.947788735072338, "weighted_strike": 485.43317485472795, "avg_iv": 0.4228393009090909, "max_voi": 7.4, "why": "calls cluster with 1893 contracts traded, $2.5M estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 5669, "open_interest": 8252, "premium": 1719925.0, "premium_label": "$1.7M", "premium_share": 10.8069988170847, "weighted_strike": 345.4692185570647, "avg_iv": 0.5985818639285714, "max_voi": 3.66666667, "why": "puts cluster with 5669 contracts traded, $1.7M estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 302, "open_interest": 2850, "premium": 1529055.0, "premium_label": "$1.5M", "premium_share": 9.60768380961812, "weighted_strike": 531.0264900662252, "avg_iv": 0.444131307, "max_voi": 12.0, "why": "calls cluster with 302 contracts traded, $1.5M estimated gross traded notional, and 10% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $15.9M of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 itm, 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/81c58cda-68c2-4075-8e34-ddf7da703ea1/", "research_links": {"chart": "/terminal/81c58cda-68c2-4075-8e34-ddf7da703ea1/", "report": "/terminal/81c58cda-68c2-4075-8e34-ddf7da703ea1/report/", "factor": "/factors/ticker/81c58cda-68c2-4075-8e34-ddf7da703ea1/", "insider": "/insider-activity/company/etn/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}