{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ETON", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 44.43, "avg_conviction_label": "44.4", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "ETON", "leader_score": "44", "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": "Healthcare", "count": 1, "avg_score": "44.43", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "ETON", "name": "Eton Pharmaceuticals Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Drug Manufacturers - Specialty & Generic", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/drug-manufacturers-specialty-generic/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 44.43, "options_pressure_score": -27.81, "trend_confirmation_score": 45.71, "speculation_score": 51.23, "volatility_score": 96.0, "edge_label": "Put-side pressure", "insight": "ETON shows bearish options pressure with a 44/100 conviction score, put-call volume ratio of 2.17, expected move of 19.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T14:53:35.027477+00:00", "snapshot": {"fetched_at": "2026-07-30T14:53:35.027477+00:00", "underlying_price": 42.59, "total_contracts": 68, "call_contracts": 43, "put_contracts": 25, "call_volume": 533, "put_volume": 1156, "call_open_interest": 2806, "put_open_interest": 683, "put_call_volume_ratio": 2.16885553, "put_call_open_interest_ratio": 0.24340699, "volume_open_interest_ratio": 0.48409286, "avg_implied_volatility": 0.93670925, "max_pain_strike": 30.0, "expected_move_percent": 19.01854896, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 42.59, "one_week_change": 0.6379962192816635, "one_week_change_label": "+0.6%", "relative_strength": 79.969353, "fair_value_gap_label": "+233.7%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "19.0%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 82.9, "confidence_label": "83/100", "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 74% / P 26%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.48", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "46/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 6 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": 23.6, "score_label": "24/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-28"}, {"label": "1W price", "value": "+0.6%"}, {"label": "Call premium", "value": "74%"}, {"label": "Put premium", "value": "26%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 146, "open_interest": 236, "premium": 308520.0, "premium_label": "$308520", "premium_share": 42.90679190650959, "weighted_strike": 27.345890410958905, "avg_iv": 0.7212100005882353, "max_voi": 4.0, "why": "calls cluster with 146 contracts traded, $308520 estimated gross traded notional, and 43% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 537, "open_interest": 279, "premium": 119522.0, "premium_label": "$119522", "premium_share": 16.622279211233757, "weighted_strike": 34.57169459962756, "avg_iv": 0.8373276154545455, "max_voi": 2.5, "why": "puts cluster with 537 contracts traded, $119522 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 52, "open_interest": 866, "premium": 91355.0, "premium_label": "$91355", "premium_share": 12.705010938088886, "weighted_strike": 27.115384615384617, "avg_iv": 1.3005828816666667, "max_voi": 5.0, "why": "calls cluster with 52 contracts traded, $91355 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 613, "open_interest": 393, "premium": 67250.0, "premium_label": "$67250", "premium_share": 9.352657058578925, "weighted_strike": 29.261827079934747, "avg_iv": 1.535746387, "max_voi": 2.56410256, "why": "puts cluster with 613 contracts traded, $67250 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 253, "open_interest": 1309, "premium": 67200.0, "premium_label": "$67200", "premium_share": 9.345703410208234, "weighted_strike": 49.940711462450594, "avg_iv": 0.791017715, "max_voi": 0.34013605, "why": "calls cluster with 253 contracts traded, $67200 estimated gross traded notional, and 9% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $719047 of estimated gross traded notional, calls \u00b7 91+ 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/18951d8f-f4c6-449a-a382-55fa05c2c1b2/", "research_links": {"chart": "/terminal/18951d8f-f4c6-449a-a382-55fa05c2c1b2/", "report": "/terminal/18951d8f-f4c6-449a-a382-55fa05c2c1b2/report/", "factor": "/factors/ticker/18951d8f-f4c6-449a-a382-55fa05c2c1b2/", "insider": "/insider-activity/company/eton/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}