{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "LNC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 49.29, "avg_conviction_label": "49.3", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "LNC", "leader_score": "49", "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": "49.29", "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": "LNC", "name": "Lincoln National Corporation", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Insurance - Life", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/insurance-life/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 49.29, "options_pressure_score": -49.21, "trend_confirmation_score": 56.65, "speculation_score": 40.52, "volatility_score": 49.74, "edge_label": "Put-side pressure", "insight": "LNC shows bearish options pressure with a 49/100 conviction score, put-call volume ratio of 2.89, expected move of 6.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T04:58:23.025224+00:00", "snapshot": {"fetched_at": "2026-08-02T04:58:23.025224+00:00", "underlying_price": 45.61, "total_contracts": 296, "call_contracts": 148, "put_contracts": 148, "call_volume": 379, "put_volume": 1094, "call_open_interest": 31782, "put_open_interest": 33559, "put_call_volume_ratio": 2.88654354, "put_call_open_interest_ratio": 1.05591215, "volume_open_interest_ratio": 0.02254327, "avg_implied_volatility": 0.34413875, "max_pain_strike": 40.0, "expected_move_percent": 6.41306731, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 45.61, "one_week_change": 10.275628626692457, "one_week_change_label": "+10.3%", "relative_strength": 8.075811, "fair_value_gap_label": "+45.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "6.4%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 76.0, "confidence_label": "76/100", "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 39% / P 61%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "57/100", "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": 60.3, "score_label": "60/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-49"}, {"label": "1W price", "value": "+10.3%"}, {"label": "Call premium", "value": "39%"}, {"label": "Put premium", "value": "61%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 443, "open_interest": 20939, "premium": 113857.5, "premium_label": "$113858", "premium_share": 40.64662612386676, "weighted_strike": 36.331828442437924, "avg_iv": 0.46229692307692305, "max_voi": 6.94339623, "why": "puts cluster with 443 contracts traded, $113858 estimated gross traded notional, and 41% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 71, "open_interest": 8537, "premium": 41250.0, "premium_label": "$41250", "premium_share": 14.726068353946854, "weighted_strike": 40.73943661971831, "avg_iv": 0.16033, "max_voi": 0.02079912, "why": "calls cluster with 71 contracts traded, $41250 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 246, "open_interest": 22, "premium": 28290.0, "premium_label": "$28290", "premium_share": 10.099405423834098, "weighted_strike": 45.0, "avg_iv": 0.33682, "max_voi": 11.18181818, "why": "puts cluster with 246 contracts traded, $28290 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 47, "open_interest": 2208, "premium": 27540.0, "premium_label": "$27540", "premium_share": 9.831658726489609, "weighted_strike": 40.0, "avg_iv": 0.174875, "max_voi": 1.0, "why": "calls cluster with 47 contracts traded, $27540 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 151, "open_interest": 1162, "premium": 14395.0, "premium_label": "$14395", "premium_share": 5.138951611031878, "weighted_strike": 50.08278145695364, "avg_iv": 0.294873, "max_voi": 2.73684211, "why": "calls cluster with 151 contracts traded, $14395 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $280116 of estimated gross traded notional, puts \u00b7 91+ 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/7bbbd9d8-1073-4399-b28b-9bf280506cf4/", "research_links": {"chart": "/terminal/7bbbd9d8-1073-4399-b28b-9bf280506cf4/", "report": "/terminal/7bbbd9d8-1073-4399-b28b-9bf280506cf4/report/", "factor": "/factors/ticker/7bbbd9d8-1073-4399-b28b-9bf280506cf4/", "insider": "/insider-activity/company/lnc/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}