{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "LULG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 56.32, "avg_conviction_label": "56.3", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "LULG", "leader_score": "56", "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": [], "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": "LULG", "name": "Leverage Shares 2X Long LULU Daily ETF", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 56.32, "options_pressure_score": 97.92, "trend_confirmation_score": 2.08, "speculation_score": 28.88, "volatility_score": 82.96, "edge_label": "Volatility expansion watch", "insight": "LULG shows volatility options pressure with a 56/100 conviction score, put-call volume ratio of 0.06, expected move of 17.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-09-20T16:55:12.604581+00:00", "snapshot": {"fetched_at": "2026-09-20T16:55:12.604581+00:00", "underlying_price": 3.9763, "total_contracts": 114, "call_contracts": 57, "put_contracts": 57, "call_volume": 78, "put_volume": 5, "call_open_interest": 876, "put_open_interest": 148, "put_call_volume_ratio": 0.06410256, "put_call_open_interest_ratio": 0.16894977, "volume_open_interest_ratio": 0.08105469, "avg_implied_volatility": 0.613645, "max_pain_strike": 2.0, "expected_move_percent": 16.99611979, "nearest_expiration": "2026-10-16"}, "market": {"latest_close": 3.9763, "one_week_change": -2.779951100244499, "one_week_change_label": "-2.8%", "relative_strength": null, "fair_value_gap_label": "-68.5%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "17.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "2", "detail": "Options positioning is not confirming the underlying trend context."}], "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 83% / P 17%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.08", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "2/100", "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": 57.6, "score_label": "58/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+98"}, {"label": "1W price", "value": "-2.8%"}, {"label": "Call premium", "value": "83%"}, {"label": "Put premium", "value": "17%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 64, "open_interest": 16, "premium": 4930.0, "premium_label": "$4,930", "premium_share": 71.7090909090909, "weighted_strike": 4.0, "avg_iv": 0.88315, "max_voi": 3.375, "why": "calls cluster with 64 contracts traded, $4,930 estimated gross traded notional, and 72% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 4, "open_interest": 3, "premium": 1017.5, "premium_label": "$1,018", "premium_share": 14.8, "weighted_strike": 6.5, "avg_iv": 1.2386966666666666, "max_voi": 3.0, "why": "puts cluster with 4 contracts traded, $1,018 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 7, "open_interest": 112, "premium": 490.0, "premium_label": "$490", "premium_share": 7.127272727272727, "weighted_strike": 6.0, "avg_iv": 0.6902011111111112, "max_voi": 0.38888889, "why": "calls cluster with 7 contracts traded, $490 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ATM", "tone": "positive", "volume": 5, "open_interest": 151, "premium": 187.5, "premium_label": "$188", "premium_share": 2.727272727272727, "weighted_strike": 4.0, "avg_iv": 0.88315, "max_voi": 0.03311258, "why": "calls cluster with 5 contracts traded, $188 estimated gross traded notional, and 3% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 1, "open_interest": 22, "premium": 137.5, "premium_label": "$138", "premium_share": 2.0, "weighted_strike": 4.0, "avg_iv": 1.31241, "max_voi": 0.04545455, "why": "puts cluster with 1 contracts traded, $138 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $6,875 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 atm, 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/eaadd175-3ee7-4128-b1db-37f84647e54d/", "research_links": {"chart": "/terminal/eaadd175-3ee7-4128-b1db-37f84647e54d/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}