{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "GGB", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 57.04, "avg_conviction_label": "57.0", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "GGB", "leader_score": "57", "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": "Basic Materials", "count": 1, "avg_score": "57.04", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "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": 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": "GGB", "name": "Gerdau SA ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Steel", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/steel/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 57.04, "options_pressure_score": 91.1, "trend_confirmation_score": 7.81, "speculation_score": 32.51, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "GGB shows volatility options pressure with a 57/100 conviction score, put-call volume ratio of 0.11, expected move of 27.7%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T15:23:09.583971+00:00", "snapshot": {"fetched_at": "2026-07-30T15:23:09.583971+00:00", "underlying_price": 4.81, "total_contracts": 19, "call_contracts": 11, "put_contracts": 8, "call_volume": 154, "put_volume": 17, "call_open_interest": 7175, "put_open_interest": 610, "put_call_volume_ratio": 0.11038961, "put_call_open_interest_ratio": 0.08501742, "volume_open_interest_ratio": 0.02196532, "avg_implied_volatility": 1.12760741, "max_pain_strike": 2.5, "expected_move_percent": 27.68361679, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 4.81, "one_week_change": 1.9067796610169492, "one_week_change_label": "+1.9%", "relative_strength": 18.676527, "fair_value_gap_label": "+43.5%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "27.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "8", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 85.1, "confidence_label": "85/100", "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": "8/100", "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": "Volatility flow versus price", "tone": "warning", "score": 52.6, "score_label": "53/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+91"}, {"label": "1W price", "value": "+1.9%"}, {"label": "Call premium", "value": "90%"}, {"label": "Put premium", "value": "10%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 20, "open_interest": 6, "premium": 4900.0, "premium_label": "$4900", "premium_share": 45.46930821695356, "weighted_strike": 2.5, "avg_iv": 0.92090231, "max_voi": 4.0, "why": "calls cluster with 20 contracts traded, $4900 estimated gross traded notional, and 45% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 75, "open_interest": 1332, "premium": 3573.0, "premium_label": "$3573", "premium_share": 33.15547719575001, "weighted_strike": 5.066666666666666, "avg_iv": 0.6232947825, "max_voi": 1.01612903, "why": "calls cluster with 75 contracts traded, $3573 estimated gross traded notional, and 33% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 7, "open_interest": 513, "premium": 825.0, "premium_label": "$825", "premium_share": 7.655546791629935, "weighted_strike": 5.714285714285714, "avg_iv": 0.966799875, "max_voi": 2.0, "why": "puts cluster with 7 contracts traded, $825 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 38, "open_interest": 5110, "premium": 616.0, "premium_label": "$616", "premium_share": 5.716141604417018, "weighted_strike": 5.526315789473684, "avg_iv": 0.670901725, "max_voi": 0.47058824, "why": "calls cluster with 38 contracts traded, $616 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 20, "open_interest": 687, "premium": 350.0, "premium_label": "$350", "premium_share": 3.247807729782397, "weighted_strike": 5.0, "avg_iv": 0.894535095, "max_voi": 0.02915452, "why": "calls cluster with 20 contracts traded, $350 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $10776 of estimated gross traded notional, calls \u00b7 91+ 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/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/", "research_links": {"chart": "/terminal/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/", "report": "/terminal/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/report/", "factor": "/factors/ticker/9e2b6c1f-acb1-494a-b202-7c62e3cc5f50/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}