{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "FWRG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 30.17, "avg_conviction_label": "30.2", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "FWRG", "leader_score": "30", "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": "Consumer Cyclical", "count": 1, "avg_score": "30.17", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": 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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "FWRG", "name": "First Watch Restaurant Group Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Restaurants", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/restaurants/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 30.17, "options_pressure_score": 17.69, "trend_confirmation_score": 50.35, "speculation_score": 7.19, "volatility_score": 80.65, "edge_label": "Options-market disagreement", "insight": "FWRG shows mixed options pressure with a 30/100 conviction score, put-call volume ratio of 0.54, expected move of 13.2%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T19:25:22.347068+00:00", "snapshot": {"fetched_at": "2026-08-01T19:25:22.347068+00:00", "underlying_price": 12.85, "total_contracts": 82, "call_contracts": 41, "put_contracts": 41, "call_volume": 83, "put_volume": 45, "call_open_interest": 1496, "put_open_interest": 5117, "put_call_volume_ratio": 0.54216867, "put_call_open_interest_ratio": 3.42045455, "volume_open_interest_ratio": 0.01935581, "avg_implied_volatility": 0.58072, "max_pain_strike": 12.5, "expected_move_percent": 13.22957198, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 12.85, "one_week_change": 6.023102310231023, "one_week_change_label": "+6.0%", "relative_strength": -21.021984, "fair_value_gap_label": "-25.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "13.2%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 76.3, "confidence_label": "76/100", "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 90% / P 10%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "50/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 3 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": "No clean flow/price divergence", "tone": "neutral", "score": 27.3, "score_label": "27/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+18"}, {"label": "1W price", "value": "+6.0%"}, {"label": "Call premium", "value": "90%"}, {"label": "Put premium", "value": "10%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 80, "open_interest": 117, "premium": 6600.0, "premium_label": "$6600", "premium_share": 85.4368932038835, "weighted_strike": 15.0, "avg_iv": 0.370968, "max_voi": 0.84210526, "why": "calls cluster with 80 contracts traded, $6600 estimated gross traded notional, and 85% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 45, "open_interest": 3209, "premium": 810.0, "premium_label": "$810", "premium_share": 10.485436893203884, "weighted_strike": 7.5, "avg_iv": 0.573889, "max_voi": 0.02023381, "why": "puts cluster with 45 contracts traded, $810 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 1018, "premium": 315.0, "premium_label": "$315", "premium_share": 4.077669902912621, "weighted_strike": 12.5, "avg_iv": 2.510426, "max_voi": 0.00379267, "why": "calls cluster with 3 contracts traded, $315 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $7725 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/7d1a9483-821e-4275-b3ea-ed6c74d27b0f/", "research_links": {"chart": "/terminal/7d1a9483-821e-4275-b3ea-ed6c74d27b0f/", "report": "/terminal/7d1a9483-821e-4275-b3ea-ed6c74d27b0f/report/", "factor": "/factors/ticker/7d1a9483-821e-4275-b3ea-ed6c74d27b0f/", "insider": "/insider-activity/company/fwrg/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}