{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ITW", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 29.14, "avg_conviction_label": "29.1", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "ITW", "leader_score": "29", "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": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "29.14", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "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": "ITW", "name": "Illinois Tool Works Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Specialty Industrial Machinery", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/specialty-industrial-machinery/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 29.14, "options_pressure_score": 36.75, "trend_confirmation_score": 29.47, "speculation_score": 12.11, "volatility_score": 33.79, "edge_label": "Call-side pressure", "insight": "ITW shows bullish options pressure with a 29/100 conviction score, put-call volume ratio of 0.54, expected move of 4.8%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T11:31:27.656702+00:00", "snapshot": {"fetched_at": "2026-08-01T11:31:27.656702+00:00", "underlying_price": 283.02, "total_contracts": 356, "call_contracts": 178, "put_contracts": 178, "call_volume": 35, "put_volume": 19, "call_open_interest": 8127, "put_open_interest": 3307, "put_call_volume_ratio": 0.54285714, "put_call_open_interest_ratio": 0.40691522, "volume_open_interest_ratio": 0.00472276, "avg_implied_volatility": 0.20755625, "max_pain_strike": 270.0, "expected_move_percent": 4.81414741, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 283.02, "one_week_change": 2.524904908531063, "one_week_change_label": "+2.5%", "relative_strength": 1.00495, "fair_value_gap_label": "+15.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 63.4, "confidence_label": "63/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 71% / P 29%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.00", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "29/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 26.3, "score_label": "26/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+37"}, {"label": "1W price", "value": "+2.5%"}, {"label": "Call premium", "value": "71%"}, {"label": "Put premium", "value": "29%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 4, "open_interest": 799, "premium": 5800.0, "premium_label": "$5800", "premium_share": 25.807599893209932, "weighted_strike": 290.0, "avg_iv": 0.22393285714285716, "max_voi": 0.00735294, "why": "calls cluster with 4 contracts traded, $5800 estimated gross traded notional, and 26% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 19, "open_interest": 1264, "premium": 4630.0, "premium_label": "$4630", "premium_share": 20.6015840526831, "weighted_strike": 308.94736842105266, "avg_iv": 0.21531818181818183, "max_voi": 0.0994152, "why": "calls cluster with 19 contracts traded, $4630 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 3, "open_interest": 2633, "premium": 3685.0, "premium_label": "$3685", "premium_share": 16.396725104565274, "weighted_strike": 283.3333333333333, "avg_iv": 0.22463, "max_voi": 0.00246914, "why": "calls cluster with 3 contracts traded, $3685 estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 2, "open_interest": 1026, "premium": 3260.0, "premium_label": "$3260", "premium_share": 14.505650974459375, "weighted_strike": 300.0, "avg_iv": 0.3722981818181818, "max_voi": 0.00194932, "why": "puts cluster with 2 contracts traded, $3260 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 9, "open_interest": 1041, "premium": 1608.0, "premium_label": "$1608", "premium_share": 7.1549345910830295, "weighted_strike": 227.22222222222223, "avg_iv": 0.26887298245614033, "max_voi": 1.5, "why": "puts cluster with 9 contracts traded, $1608 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $22474 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 atm, 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/9af00c36-2ecd-47b6-a31b-50b0a2827924/", "research_links": {"chart": "/terminal/9af00c36-2ecd-47b6-a31b-50b0a2827924/", "report": "/terminal/9af00c36-2ecd-47b6-a31b-50b0a2827924/report/", "factor": "/factors/ticker/9af00c36-2ecd-47b6-a31b-50b0a2827924/", "insider": "/insider-activity/company/itw/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}