{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "KLAC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 50.17, "avg_conviction_label": "50.2", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "KLAC", "leader_score": "50", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [{"ticker__sector": "Technology", "count": 1, "avg_score": "50.17", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "volatility", "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": "KLAC", "name": "KLA Corporation", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Semiconductor Equipment & Materials", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/semiconductor-equipment-materials/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 50.17, "options_pressure_score": -29.71, "trend_confirmation_score": 73.53, "speculation_score": 40.79, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "KLAC shows volatility options pressure with a 50/100 conviction score, put-call volume ratio of 1.53, expected move of 15.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T17:34:17.921223+00:00", "snapshot": {"fetched_at": "2026-08-02T17:34:17.921223+00:00", "underlying_price": 182.82, "total_contracts": 2000, "call_contracts": 1000, "put_contracts": 1000, "call_volume": 5827, "put_volume": 8929, "call_open_interest": 158998, "put_open_interest": 274082, "put_call_volume_ratio": 1.53234941, "put_call_open_interest_ratio": 1.72380785, "volume_open_interest_ratio": 0.03407223, "avg_implied_volatility": 0.8051, "max_pain_strike": 218.0, "expected_move_percent": 15.34296029, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 182.82, "one_week_change": -13.157894736842104, "one_week_change_label": "-13.2%", "relative_strength": 13.92102, "fair_value_gap_label": "+92.7%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "15.3%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "74", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 22% / P 78%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "74/100", "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": "Volatility flow versus price", "tone": "warning", "score": 60.2, "score_label": "60/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-30"}, {"label": "1W price", "value": "-13.2%"}, {"label": "Call premium", "value": "22%"}, {"label": "Put premium", "value": "78%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 3216, "open_interest": 18677, "premium": 10117825.0, "premium_label": "$10.1M", "premium_share": 32.348386058416544, "weighted_strike": 154.11753731343285, "avg_iv": 0.8176660606060606, "max_voi": 6.45454545, "why": "puts cluster with 3216 contracts traded, $10.1M estimated gross traded notional, and 32% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 1864, "open_interest": 26431, "premium": 8730935.0, "premium_label": "$8.7M", "premium_share": 27.914265766697984, "weighted_strike": 223.468347639485, "avg_iv": 0.7454833333333334, "max_voi": 0.10562141, "why": "puts cluster with 1864 contracts traded, $8.7M estimated gross traded notional, and 28% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 1504, "open_interest": 20804, "premium": 3181375.0, "premium_label": "$3.2M", "premium_share": 10.17139026387538, "weighted_strike": 270.8670212765957, "avg_iv": 0.7798710344827586, "max_voi": 6.95652174, "why": "calls cluster with 1504 contracts traded, $3.2M estimated gross traded notional, and 10% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 1132, "open_interest": 5910, "premium": 1592655.0, "premium_label": "$1.6M", "premium_share": 5.0919855599269015, "weighted_strike": 183.8577738515901, "avg_iv": 0.78754, "max_voi": 1.0540201, "why": "puts cluster with 1132 contracts traded, $1.6M estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 297, "open_interest": 3878, "premium": 1480220.0, "premium_label": "$1.5M", "premium_share": 4.7325119787493195, "weighted_strike": 201.22222222222223, "avg_iv": 0.7634172727272728, "max_voi": 3.43396226, "why": "puts cluster with 297 contracts traded, $1.5M estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $31.3M of estimated gross traded notional, puts \u00b7 91+ days \u00b7 otm, and a volatility flow versus 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/11c349da-11b7-4b73-bfbd-304aee82449b/", "research_links": {"chart": "/terminal/11c349da-11b7-4b73-bfbd-304aee82449b/", "report": "/terminal/11c349da-11b7-4b73-bfbd-304aee82449b/report/", "factor": "/factors/ticker/11c349da-11b7-4b73-bfbd-304aee82449b/", "insider": "/insider-activity/company/klac/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}