{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "FER", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 40.92, "avg_conviction_label": "40.9", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "FER", "leader_score": "41", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "40.92", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "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": "FER", "name": "Ferrovial SE", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Engineering & Construction", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/engineering-construction/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 40.92, "options_pressure_score": -17.03, "trend_confirmation_score": 77.17, "speculation_score": 31.78, "volatility_score": 67.1, "edge_label": "Options-market disagreement", "insight": "FER shows mixed options pressure with a 41/100 conviction score, put-call volume ratio of 1.21, expected move of 4.4%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-13T23:28:47.136039+00:00", "snapshot": {"fetched_at": "2026-08-13T23:28:47.136039+00:00", "underlying_price": 66.51, "total_contracts": 43, "call_contracts": 25, "put_contracts": 18, "call_volume": 91, "put_volume": 110, "call_open_interest": 659, "put_open_interest": 1075, "put_call_volume_ratio": 1.20879121, "put_call_open_interest_ratio": 1.63125948, "volume_open_interest_ratio": 0.11591696, "avg_implied_volatility": 0.70940655, "max_pain_strike": 65.0, "expected_move_percent": 4.36024658, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 66.51, "one_week_change": 2.165898617511521, "one_week_change_label": "+2.2%", "relative_strength": -9.689593, "fair_value_gap_label": "+39.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Pin watch", "value": "+2.3%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "77", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 64.5, "confidence_label": "65/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 41% / P 59%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.12", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "No clean flow/price divergence", "tone": "neutral", "score": 19.9, "score_label": "20/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-17"}, {"label": "1W price", "value": "+2.2%"}, {"label": "Call premium", "value": "41%"}, {"label": "Put premium", "value": "59%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 24, "open_interest": 640, "premium": 21670.0, "premium_label": "$21,670", "premium_share": 31.010303377218086, "weighted_strike": 72.91666666666667, "avg_iv": 0.1833577775, "max_voi": 0.0619469, "why": "puts cluster with 24 contracts traded, $21,670 estimated gross traded notional, and 31% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 15, "open_interest": 106, "premium": 14180.0, "premium_label": "$14,180", "premium_share": 20.291929021179165, "weighted_strike": 58.666666666666664, "avg_iv": 0.53081524, "max_voi": 1.0, "why": "calls cluster with 15 contracts traded, $14,180 estimated gross traded notional, and 20% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 15, "open_interest": 251, "premium": 11750.0, "premium_label": "$11,750", "premium_share": 16.814539210074415, "weighted_strike": 71.66666666666667, "avg_iv": 0.34009449333333336, "max_voi": 0.10204082, "why": "puts cluster with 15 contracts traded, $11,750 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 16, "open_interest": 81, "premium": 11590.0, "premium_label": "$11,590", "premium_share": 16.585575271894676, "weighted_strike": 57.8125, "avg_iv": 0.9045442575, "max_voi": 2.33333333, "why": "calls cluster with 16 contracts traded, $11,590 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 6, "open_interest": 45, "premium": 3167.5, "premium_label": "$3,168", "premium_share": 4.532770463651975, "weighted_strike": 65.0, "avg_iv": 0.368353485, "max_voi": 1.0, "why": "puts cluster with 6 contracts traded, $3,168 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $69,880 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 itm, and a no clean flow/price divergence 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/9179018a-23f2-41ec-bb4a-148275b291d2/", "research_links": {"chart": "/terminal/9179018a-23f2-41ec-bb4a-148275b291d2/", "report": "/terminal/9179018a-23f2-41ec-bb4a-148275b291d2/report/", "factor": "/factors/ticker/9179018a-23f2-41ec-bb4a-148275b291d2/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}