{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "LEGN", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 46.89, "avg_conviction_label": "46.9", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "LEGN", "leader_score": "47", "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": "Healthcare", "count": 1, "avg_score": "46.89", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "LEGN", "name": "Legend Biotech\u00a0Corp", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 46.89, "options_pressure_score": 26.83, "trend_confirmation_score": 65.94, "speculation_score": 40.9, "volatility_score": 94.82, "edge_label": "Volatility expansion watch", "insight": "LEGN shows volatility options pressure with a 47/100 conviction score, put-call volume ratio of 0.66, expected move of 20.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T02:21:26.233361+00:00", "snapshot": {"fetched_at": "2026-07-31T02:21:26.233361+00:00", "underlying_price": 22.22, "total_contracts": 362, "call_contracts": 181, "put_contracts": 181, "call_volume": 600, "put_volume": 397, "call_open_interest": 17533, "put_open_interest": 8088, "put_call_volume_ratio": 0.66166667, "put_call_open_interest_ratio": 0.46130155, "volume_open_interest_ratio": 0.03891339, "avg_implied_volatility": 0.7831525, "max_pain_strike": 22.5, "expected_move_percent": 20.4770477, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 22.22, "one_week_change": -0.17969451931716082, "one_week_change_label": "-0.2%", "relative_strength": -23.850582, "fair_value_gap_label": "-46.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-1.3%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "20.5%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "66", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 85.7, "confidence_label": "86/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 9% / P 91%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "66/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "10 Aug", "detail": "Matched earnings event is 10 days away."}], "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": 20.0, "score_label": "20/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+27"}, {"label": "1W price", "value": "-0.2%"}, {"label": "Call premium", "value": "9%"}, {"label": "Put premium", "value": "91%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 262, "open_interest": 1235, "premium": 105740.0, "premium_label": "$105740", "premium_share": 54.2705882051032, "weighted_strike": 19.818702290076335, "avg_iv": 0.5954606666666666, "max_voi": 108.0, "why": "puts cluster with 262 contracts traded, $105740 estimated gross traded notional, and 54% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 48, "open_interest": 303, "premium": 35280.0, "premium_label": "$35280", "premium_share": 18.10730425454928, "weighted_strike": 22.5, "avg_iv": 0.6376266666666667, "max_voi": 0.0, "why": "puts cluster with 48 contracts traded, $35280 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 31, "open_interest": 1739, "premium": 31000.0, "premium_label": "$31000", "premium_share": 15.910613148838653, "weighted_strike": 27.5, "avg_iv": 0.8115540322580646, "max_voi": 0.05363322, "why": "puts cluster with 31 contracts traded, $31000 estimated gross traded notional, and 16% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 29, "open_interest": 551, "premium": 5240.0, "premium_label": "$5240", "premium_share": 2.6894068677391787, "weighted_strike": 19.655172413793103, "avg_iv": 0.25267875, "max_voi": 0.21052632, "why": "calls cluster with 29 contracts traded, $5240 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 62, "open_interest": 969, "premium": 4987.5, "premium_label": "$4988", "premium_share": 2.5598123574139606, "weighted_strike": 19.677419354838708, "avg_iv": 0.21975285714285714, "max_voi": 0.33333333, "why": "calls cluster with 62 contracts traded, $4988 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $194838 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/ab5da8d0-97dd-4209-8510-70ad3dac23d5/", "research_links": {"chart": "/terminal/ab5da8d0-97dd-4209-8510-70ad3dac23d5/", "report": "/terminal/ab5da8d0-97dd-4209-8510-70ad3dac23d5/report/", "factor": "/factors/ticker/ab5da8d0-97dd-4209-8510-70ad3dac23d5/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}