{"latest_run": "2026-08-05T20:50:00.032124+00:00", "coverage_count": 6094, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "IHI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 37.03, "avg_conviction_label": "37.0", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "IHI", "leader_score": "37", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [], "directions": [{"direction": "bullish", "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": "IHI", "name": "ISHARES TRUST U.S. MEDICAL DEVICES ETF", "exchange": "NYSEARCA", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 37.03, "options_pressure_score": 76.01, "trend_confirmation_score": 0.0, "speculation_score": 6.57, "volatility_score": 36.63, "edge_label": "Call-side pressure", "insight": "IHI shows bullish options pressure with a 37/100 conviction score, put-call volume ratio of 0.06, expected move of 4.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-06T03:22:35.470726+00:00", "snapshot": {"fetched_at": "2026-08-06T03:22:35.470726+00:00", "underlying_price": 52.51, "total_contracts": 192, "call_contracts": 96, "put_contracts": 96, "call_volume": 1113, "put_volume": 71, "call_open_interest": 48961, "put_open_interest": 138211, "put_call_volume_ratio": 0.06379155, "put_call_open_interest_ratio": 2.82287943, "volume_open_interest_ratio": 0.00632573, "avg_implied_volatility": 0.2648725, "max_pain_strike": 52.0, "expected_move_percent": 4.52294801, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 52.51, "one_week_change": 4.539120047780211, "one_week_change_label": "+4.5%", "relative_strength": -15.879694, "fair_value_gap_label": "-7.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+1.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "call-activity-against-legacy-put-oi", "label": "Call activity against legacy put OI", "tone": "positive", "confidence": 59.0, "confidence_label": "59/100", "summary": "Call activity is dominant while put open interest remains large but current put volume is not leading.", "evidence": [{"label": "Notional split", "value": "C 98% / P 2%", "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": "0/100", "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.", "Do not infer a hedge unwind without next-session open-interest changes and opening/closing data."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 49.0, "score_label": "49/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+76"}, {"label": "1W price", "value": "+4.5%"}, {"label": "Call premium", "value": "98%"}, {"label": "Put premium", "value": "2%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 290, "open_interest": 3261, "premium": 94640.0, "premium_label": "$94,640", "premium_share": 36.56277466026638, "weighted_strike": 55.220689655172414, "avg_iv": 0.23316625, "max_voi": 0.13333333, "why": "calls cluster with 290 contracts traded, $94,640 estimated gross traded notional, and 37% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 510, "open_interest": 827, "premium": 64637.5, "premium_label": "$64,638", "premium_share": 24.971749229743956, "weighted_strike": 55.023529411764706, "avg_iv": 0.20442142857142856, "max_voi": 0.80286169, "why": "calls cluster with 510 contracts traded, $64,638 estimated gross traded notional, and 25% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 150, "open_interest": 1042, "premium": 54750.0, "premium_label": "$54,750", "premium_share": 21.1518587558071, "weighted_strike": 52.0, "avg_iv": 0.28804, "max_voi": 0.15166835, "why": "calls cluster with 150 contracts traded, $54,750 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 16, "open_interest": 1400, "premium": 14645.0, "premium_label": "$14,645", "premium_share": 5.657880757603562, "weighted_strike": 46.625, "avg_iv": 0.29083, "max_voi": 0.33333333, "why": "calls cluster with 16 contracts traded, $14,645 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 66, "open_interest": 32414, "premium": 12650.0, "premium_label": "$12,650", "premium_share": 4.887141794720728, "weighted_strike": 54.96969696969697, "avg_iv": 0.20691473684210526, "max_voi": 0.01234568, "why": "calls cluster with 66 contracts traded, $12,650 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $258,842 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, and a bullish flow confirms 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/677f4ccb-e2bf-448f-9a2b-f818238b104e/", "research_links": {"chart": "/terminal/677f4ccb-e2bf-448f-9a2b-f818238b104e/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}