{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6119, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "FNF", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 68.61, "avg_conviction_label": "68.6", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "FNF", "leader_score": "69", "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": "Financial Services", "count": 1, "avg_score": "68.61", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "FNF", "name": "Fidelity National Financial Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Insurance - Specialty", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/insurance-specialty/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 68.61, "options_pressure_score": -100.0, "trend_confirmation_score": 31.66, "speculation_score": 46.46, "volatility_score": 81.56, "edge_label": "Volatility expansion watch", "insight": "FNF shows volatility options pressure with a 69/100 conviction score, put-call volume ratio of 68.02, expected move of 6.4%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-19T02:01:03.167747+00:00", "snapshot": {"fetched_at": "2026-09-19T02:01:03.167747+00:00", "underlying_price": 44.13, "total_contracts": 106, "call_contracts": 53, "put_contracts": 53, "call_volume": 61, "put_volume": 4149, "call_open_interest": 2006, "put_open_interest": 13107, "put_call_volume_ratio": 68.01639344, "put_call_open_interest_ratio": 6.53389831, "volume_open_interest_ratio": 0.27856812, "avg_implied_volatility": 1.00022, "max_pain_strike": 50.0, "expected_move_percent": 6.39021074, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 44.13, "one_week_change": -3.604193971166448, "one_week_change_label": "-3.6%", "relative_strength": -20.347903, "fair_value_gap_label": "-11.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "6.4%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 87.0, "confidence_label": "87/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 0% / P 100%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.28", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "32/100", "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": "Volatility flow versus price", "tone": "warning", "score": 64.2, "score_label": "64/100", "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": "-3.6%"}, {"label": "Call premium", "value": "0%"}, {"label": "Put premium", "value": "100%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 2050, "open_interest": 2050, "premium": 1558000.0, "premium_label": "$1.6M", "premium_share": 71.88684512260676, "weighted_strike": 50.0, "avg_iv": 0.451942, "max_voi": 1.0, "why": "puts cluster with 2050 contracts traded, $1.6M estimated gross traded notional, and 72% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 2059, "open_interest": 4108, "premium": 591962.5, "premium_label": "$591,962", "premium_share": 27.313425260520603, "weighted_strike": 45.0, "avg_iv": 0.28804, "max_voi": 0.50121714, "why": "puts cluster with 2059 contracts traded, $591,962 estimated gross traded notional, and 27% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 33, "open_interest": 41, "premium": 4840.0, "premium_label": "$4,840", "premium_share": 0.22331985262735346, "weighted_strike": 45.0, "avg_iv": 0.31243, "max_voi": 7.66666667, "why": "calls cluster with 33 contracts traded, $4,840 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 19, "open_interest": 32, "premium": 4702.5, "premium_label": "$4,702", "premium_share": 0.21697553863225819, "weighted_strike": 45.0, "avg_iv": 0.26853, "max_voi": 0.59375, "why": "calls cluster with 19 contracts traded, $4,702 estimated gross traded notional, and 0% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 10, "open_interest": 11, "premium": 2700.0, "premium_label": "$2,700", "premium_share": 0.12457925663096164, "weighted_strike": 45.0, "avg_iv": 1.08802, "max_voi": 0.90909091, "why": "puts cluster with 10 contracts traded, $2,700 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $2.2M of estimated gross traded notional, puts \u00b7 22-45 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/6e1c893b-cf25-494c-a254-bb9e4d73bee6/", "research_links": {"chart": "/terminal/6e1c893b-cf25-494c-a254-bb9e4d73bee6/", "report": "/terminal/6e1c893b-cf25-494c-a254-bb9e4d73bee6/report/", "factor": "/factors/ticker/6e1c893b-cf25-494c-a254-bb9e4d73bee6/", "insider": "/insider-activity/company/fnf/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}