{"latest_run": "2026-08-12T20:50:00.030871+00:00", "coverage_count": 6123, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "HDB", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 46.23, "avg_conviction_label": "46.2", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "HDB", "leader_score": "46", "leader_direction": "bearish", "leader_direction_label": "Bearish", "leader_tone": "negative", "leader_read": "The strongest current read leans put-side, which is usually a caution flag or downside-risk signal."}, "charts": {"sectors": [{"ticker__sector": "Financial Services", "count": 1, "avg_score": "46.23", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bearish", "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": "HDB", "name": "HDFC Bank Limited ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Regional", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-regional/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 46.23, "options_pressure_score": -23.6, "trend_confirmation_score": 87.16, "speculation_score": 40.27, "volatility_score": 47.94, "edge_label": "Put-side pressure", "insight": "HDB shows bearish options pressure with a 46/100 conviction score, put-call volume ratio of 1.79, expected move of 3.9%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-13T07:24:00.871186+00:00", "snapshot": {"fetched_at": "2026-08-13T07:24:00.871186+00:00", "underlying_price": 23.63, "total_contracts": 90, "call_contracts": 45, "put_contracts": 45, "call_volume": 156, "put_volume": 279, "call_open_interest": 22959, "put_open_interest": 14016, "put_call_volume_ratio": 1.78846154, "put_call_open_interest_ratio": 0.61047955, "volume_open_interest_ratio": 0.01176471, "avg_implied_volatility": 0.4612075, "max_pain_strike": 27.5, "expected_move_percent": 3.91451545, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 23.63, "one_week_change": 0.49646016848531377, "one_week_change_label": "+0.5%", "relative_strength": -30.990159, "fair_value_gap_label": "-21.5%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "87", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 70.0, "confidence_label": "70/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 27% / P 73%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "87/100", "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": "Bearish flow before price confirmation", "tone": "negative", "score": 19.4, "score_label": "19/100", "summary": "Put-side pressure is present before a decisive weekly price breakdown.", "metrics": [{"label": "Options pressure", "value": "-24"}, {"label": "1W price", "value": "+0.5%"}, {"label": "Call premium", "value": "27%"}, {"label": "Put premium", "value": "73%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 49, "open_interest": 1793, "premium": 15145.0, "premium_label": "$15,145", "premium_share": 22.622203965794093, "weighted_strike": 26.122448979591837, "avg_iv": 1.042495, "max_voi": 0.0940919, "why": "puts cluster with 49 contracts traded, $15,145 estimated gross traded notional, and 23% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 55, "open_interest": 31, "premium": 11275.0, "premium_label": "$11,275", "premium_share": 16.84155494977408, "weighted_strike": 25.0, "avg_iv": 0.5693366666666667, "max_voi": 5.0, "why": "puts cluster with 55 contracts traded, $11,275 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 24, "open_interest": 584, "premium": 11032.5, "premium_label": "$11,032", "premium_share": 16.479330818925277, "weighted_strike": 27.083333333333332, "avg_iv": 0.371942, "max_voi": 0.03696498, "why": "puts cluster with 24 contracts traded, $11,032 estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 87, "open_interest": 2928, "premium": 9005.0, "premium_label": "$9,005", "premium_share": 13.450838343478098, "weighted_strike": 21.92528735632184, "avg_iv": 0.289994, "max_voi": 0.41666667, "why": "puts cluster with 87 contracts traded, $9,005 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 72, "open_interest": 2380, "premium": 5605.0, "premium_label": "$5,605", "premium_share": 8.372231972814518, "weighted_strike": 26.25, "avg_iv": 0.264628, "max_voi": 0.09883721, "why": "calls cluster with 72 contracts traded, $5,605 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $66,948 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 itm, and a bearish flow before price confirmation 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/f854c28f-d037-409c-bbb5-b9a700cf1b47/", "research_links": {"chart": "/terminal/f854c28f-d037-409c-bbb5-b9a700cf1b47/", "report": "/terminal/f854c28f-d037-409c-bbb5-b9a700cf1b47/report/", "factor": "/factors/ticker/f854c28f-d037-409c-bbb5-b9a700cf1b47/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}