{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "FIGS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 60.42, "avg_conviction_label": "60.4", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "FIGS", "leader_score": "60", "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": "Consumer Cyclical", "count": 1, "avg_score": "60.42", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": 1, "url": "/options/conviction/60-79/", "bar_width": 100.0}, {"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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": "FIGS", "name": "Figs Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Apparel Manufacturing", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/apparel-manufacturing/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 60.42, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 40.11, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "FIGS shows volatility options pressure with a 60/100 conviction score, put-call volume ratio of 0.05, expected move of 18.7%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T20:23:04.518762+00:00", "snapshot": {"fetched_at": "2026-08-01T20:23:04.518762+00:00", "underlying_price": 10.7, "total_contracts": 76, "call_contracts": 38, "put_contracts": 38, "call_volume": 106, "put_volume": 5, "call_open_interest": 22524, "put_open_interest": 1810, "put_call_volume_ratio": 0.04716981, "put_call_open_interest_ratio": 0.08035873, "volume_open_interest_ratio": 0.00456152, "avg_implied_volatility": 0.99046375, "max_pain_strike": 10.0, "expected_move_percent": 18.69158879, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 10.7, "one_week_change": 12.513144058885384, "one_week_change_label": "+12.5%", "relative_strength": -9.167784, "fair_value_gap_label": "+44.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "18.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 95, "confidence_label": "95/100", "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 99% / P 1%", "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": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 5 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": 89.8, "score_label": "90/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "+12.5%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 46, "open_interest": 460, "premium": 37720.0, "premium_label": "$37720", "premium_share": 93.03816982179195, "weighted_strike": 2.5, "avg_iv": 1.061195, "max_voi": 5.75, "why": "calls cluster with 46 contracts traded, $37720 estimated gross traded notional, and 93% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 48, "open_interest": 372, "premium": 1320.0, "premium_label": "$1320", "premium_share": 3.255842634272677, "weighted_strike": 12.5, "avg_iv": 1.0116016666666667, "max_voi": 0.13994169, "why": "calls cluster with 48 contracts traded, $1320 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 7, "open_interest": 16150, "premium": 892.5, "premium_label": "$892", "premium_share": 2.2013935993093665, "weighted_strike": 12.5, "avg_iv": 0.477304, "max_voi": 0.00069993, "why": "calls cluster with 7 contracts traded, $892 estimated gross traded notional, and 2% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 5, "open_interest": 629, "premium": 350.0, "premium_label": "$350", "premium_share": 0.8632916075723007, "weighted_strike": 10.0, "avg_iv": 1.580695, "max_voi": 0.01515152, "why": "puts cluster with 5 contracts traded, $350 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 5, "open_interest": 4008, "premium": 260.0, "premium_label": "$260", "premium_share": 0.6413023370537091, "weighted_strike": 13.0, "avg_iv": 0.6259490909090909, "max_voi": 0.00243605, "why": "calls cluster with 5 contracts traded, $260 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $40542 of estimated gross traded notional, calls \u00b7 8-21 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/d4dfcc94-58f5-4b6b-aea1-1cf48f90b8ab/", "research_links": {"chart": "/terminal/d4dfcc94-58f5-4b6b-aea1-1cf48f90b8ab/", "report": "/terminal/d4dfcc94-58f5-4b6b-aea1-1cf48f90b8ab/report/", "factor": "/factors/ticker/d4dfcc94-58f5-4b6b-aea1-1cf48f90b8ab/", "insider": "/insider-activity/company/figs/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}