{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "IP", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 58.11, "avg_conviction_label": "58.1", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "IP", "leader_score": "58", "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": "Consumer Cyclical", "count": 1, "avg_score": "58.11", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "IP", "name": "International Paper", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Packaging & Containers", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/packaging-containers/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 58.11, "options_pressure_score": -49.48, "trend_confirmation_score": 82.89, "speculation_score": 42.93, "volatility_score": 63.31, "edge_label": "Put-side pressure", "insight": "IP shows bearish options pressure with a 58/100 conviction score, put-call volume ratio of 2.75, expected move of 3.6%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T19:38:50.029190+00:00", "snapshot": {"fetched_at": "2026-07-30T19:38:50.029190+00:00", "underlying_price": 42.16, "total_contracts": 387, "call_contracts": 203, "put_contracts": 184, "call_volume": 1955, "put_volume": 5377, "call_open_interest": 25994, "put_open_interest": 32071, "put_call_volume_ratio": 2.75038363, "put_call_open_interest_ratio": 1.23378472, "volume_open_interest_ratio": 0.12627228, "avg_implied_volatility": 0.69775785, "max_pain_strike": 37.0, "expected_move_percent": 3.61717268, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 42.16, "one_week_change": 12.247071352502662, "one_week_change_label": "+12.2%", "relative_strength": -1.908858, "fair_value_gap_label": "+4.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "83", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 74.2, "confidence_label": "74/100", "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 55% / P 45%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.13", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "83/100", "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 against rising price", "tone": "warning", "score": 66.7, "score_label": "67/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-49"}, {"label": "1W price", "value": "+12.2%"}, {"label": "Call premium", "value": "55%"}, {"label": "Put premium", "value": "45%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 267, "open_interest": 4912, "premium": 320065.0, "premium_label": "$320065", "premium_share": 18.63651502729695, "weighted_strike": 30.98314606741573, "avg_iv": 0.34172947545454546, "max_voi": 5.5, "why": "calls cluster with 267 contracts traded, $320065 estimated gross traded notional, and 19% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 250, "open_interest": 1039, "premium": 312205.0, "premium_label": "$312205", "premium_share": 18.178848590433955, "weighted_strike": 49.04, "avg_iv": 0.46274106153846156, "max_voi": 1.42857143, "why": "puts cluster with 250 contracts traded, $312205 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 2756, "open_interest": 17736, "premium": 239437.5, "premium_label": "$239438", "premium_share": 13.941794844323539, "weighted_strike": 27.675072568940493, "avg_iv": 0.5768981075609756, "max_voi": 1.44547257, "why": "puts cluster with 2756 contracts traded, $239438 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 193, "open_interest": 2143, "premium": 220170.0, "premium_label": "$220170", "premium_share": 12.819900687547747, "weighted_strike": 31.04922279792746, "avg_iv": 0.41175622705882353, "max_voi": 1.25, "why": "calls cluster with 193 contracts traded, $220170 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 322, "open_interest": 6436, "premium": 121780.0, "premium_label": "$121780", "premium_share": 7.090918407274218, "weighted_strike": 54.38664596273292, "avg_iv": 0.45142150194444447, "max_voi": 0.90909091, "why": "calls cluster with 322 contracts traded, $121780 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $1.7M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bearish flow against rising 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/b1f2e166-906c-455d-a812-b5f0471b77bd/", "research_links": {"chart": "/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/", "report": "/terminal/b1f2e166-906c-455d-a812-b5f0471b77bd/report/", "factor": "/factors/ticker/b1f2e166-906c-455d-a812-b5f0471b77bd/", "insider": "/insider-activity/company/ip/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}