{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "JEF", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 58.2, "avg_conviction_label": "58.2", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "JEF", "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": "Financial Services", "count": 1, "avg_score": "58.20", "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": "JEF", "name": "Jefferies Financial Group Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Capital Markets", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/capital-markets/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 58.2, "options_pressure_score": -100.0, "trend_confirmation_score": 35.4, "speculation_score": 5.73, "volatility_score": 57.36, "edge_label": "Put-side pressure", "insight": "JEF shows bearish options pressure with a 58/100 conviction score, put-call volume ratio of 33.58, expected move of 7.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T11:30:25.046123+00:00", "snapshot": {"fetched_at": "2026-08-01T11:30:25.046123+00:00", "underlying_price": 55.86, "total_contracts": 300, "call_contracts": 150, "put_contracts": 150, "call_volume": 92, "put_volume": 3089, "call_open_interest": 14371, "put_open_interest": 28254, "put_call_volume_ratio": 33.57608696, "put_call_open_interest_ratio": 1.96604272, "volume_open_interest_ratio": 0.07462757, "avg_implied_volatility": 0.40511125, "max_pain_strike": 52.5, "expected_move_percent": 7.25026853, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 55.86, "one_week_change": 1.8042646254784036, "one_week_change_label": "+1.8%", "relative_strength": -5.320398, "fair_value_gap_label": "+10.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.3%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 94, "confidence_label": "94/100", "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 5% / P 95%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.07", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "35/100", "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": 51.4, "score_label": "51/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-100"}, {"label": "1W price", "value": "+1.8%"}, {"label": "Call premium", "value": "5%"}, {"label": "Put premium", "value": "95%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 2842, "open_interest": 10482, "premium": 385410.0, "premium_label": "$385410", "premium_share": 91.254779860067, "weighted_strike": 50.02111189303307, "avg_iv": 0.5716585714285715, "max_voi": 0.44673431, "why": "puts cluster with 2842 contracts traded, $385410 estimated gross traded notional, and 91% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 38, "open_interest": 85, "premium": 10925.0, "premium_label": "$10925", "premium_share": 2.5867478009684026, "weighted_strike": 55.0, "avg_iv": 0.36609, "max_voi": 0.44705882, "why": "calls cluster with 38 contracts traded, $10925 estimated gross traded notional, and 3% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 200, "open_interest": 9735, "premium": 7000.0, "premium_label": "$7000", "premium_share": 1.6574127786525235, "weighted_strike": 32.5, "avg_iv": 0.4788668, "max_voi": 0.5, "why": "puts cluster with 200 contracts traded, $7000 estimated gross traded notional, and 2% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 29, "open_interest": 168, "premium": 5147.5, "premium_label": "$5148", "premium_share": 1.2187903254448378, "weighted_strike": 55.0, "avg_iv": 0.36609, "max_voi": 0.17261905, "why": "calls cluster with 29 contracts traded, $5148 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 30, "open_interest": 770, "premium": 3037.5, "premium_label": "$3038", "premium_share": 0.7191987593081486, "weighted_strike": 50.5, "avg_iv": 0.5180028571428571, "max_voi": 0.19047619, "why": "puts cluster with 30 contracts traded, $3038 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $422345 of estimated gross traded notional, puts \u00b7 46-90 days \u00b7 otm, 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/ab6d7e94-5692-4e9c-a3aa-a25d0564eba0/", "research_links": {"chart": "/terminal/ab6d7e94-5692-4e9c-a3aa-a25d0564eba0/", "report": "/terminal/ab6d7e94-5692-4e9c-a3aa-a25d0564eba0/report/", "factor": "/factors/ticker/ab6d7e94-5692-4e9c-a3aa-a25d0564eba0/", "insider": "/insider-activity/company/jef/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}