{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "GBTG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 39.91, "avg_conviction_label": "39.9", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "GBTG", "leader_score": "40", "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": "39.91", "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": "GBTG", "name": "Global Business Travel Group Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Travel Services", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/travel-services/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 39.91, "options_pressure_score": 13.71, "trend_confirmation_score": 83.66, "speculation_score": 12.73, "volatility_score": 96.0, "edge_label": "Options-market disagreement", "insight": "GBTG shows mixed options pressure with a 40/100 conviction score, put-call volume ratio of 0.93, expected move of 27.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T14:08:38.646080+00:00", "snapshot": {"fetched_at": "2026-07-30T14:08:38.646080+00:00", "underlying_price": 9.41, "total_contracts": 18, "call_contracts": 11, "put_contracts": 7, "call_volume": 184, "put_volume": 171, "call_open_interest": 1498, "put_open_interest": 244, "put_call_volume_ratio": 0.92934783, "put_call_open_interest_ratio": 0.16288385, "volume_open_interest_ratio": 0.20378875, "avg_implied_volatility": 1.09961388, "max_pain_strike": 10.0, "expected_move_percent": 26.99635436, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 9.41, "one_week_change": 0.0, "one_week_change_label": "+0.0%", "relative_strength": 15.263843, "fair_value_gap_label": "+33.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "27.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "84", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 82.1, "confidence_label": "82/100", "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 85% / P 15%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.20", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "84/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 4 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": 8.5, "score_label": "8/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+14"}, {"label": "1W price", "value": "+0.0%"}, {"label": "Call premium", "value": "85%"}, {"label": "Put premium", "value": "15%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 48, "open_interest": 124, "premium": 10991.5, "premium_label": "$10992", "premium_share": 67.96833936245865, "weighted_strike": 7.291666666666667, "avg_iv": 0.14877153333333334, "max_voi": 0.36290323, "why": "calls cluster with 48 contracts traded, $10992 estimated gross traded notional, and 68% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 5, "open_interest": 25, "premium": 2145.0, "premium_label": "$2145", "premium_share": 13.264075688711623, "weighted_strike": 5.5, "avg_iv": 2.20898767, "max_voi": 1.0, "why": "calls cluster with 5 contracts traded, $2145 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 2, "open_interest": 0, "premium": 1180.0, "premium_label": "$1180", "premium_share": 7.296787558358841, "weighted_strike": 15.0, "avg_iv": 1.12109814, "max_voi": 0.0, "why": "puts cluster with 2 contracts traded, $1180 estimated gross traded notional, and 7% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 160, "open_interest": 236, "premium": 800.0, "premium_label": "$800", "premium_share": 4.946974615836503, "weighted_strike": 5.0, "avg_iv": 0.66406586, "max_voi": 1.0, "why": "puts cluster with 160 contracts traded, $800 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 130, "open_interest": 831, "premium": 650.0, "premium_label": "$650", "premium_share": 4.019416875367158, "weighted_strike": 10.0, "avg_iv": 0.35612623, "max_voi": 0.85034014, "why": "calls cluster with 130 contracts traded, $650 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: $16172 of estimated gross traded notional, calls \u00b7 91+ 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/9d9dab67-f665-42b3-84b6-f65549f950e3/", "research_links": {"chart": "/terminal/9d9dab67-f665-42b3-84b6-f65549f950e3/", "report": "/terminal/9d9dab67-f665-42b3-84b6-f65549f950e3/report/", "factor": "/factors/ticker/9d9dab67-f665-42b3-84b6-f65549f950e3/", "insider": "/insider-activity/company/gbtg/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}