{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MAC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 47.39, "avg_conviction_label": "47.4", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "MAC", "leader_score": "47", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Real Estate", "count": 1, "avg_score": "47.39", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "MAC", "name": "Macerich Company", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Retail", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-retail/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 47.39, "options_pressure_score": 100.0, "trend_confirmation_score": 0.97, "speculation_score": 1.8, "volatility_score": 47.41, "edge_label": "Call-side pressure", "insight": "MAC shows bullish options pressure with a 47/100 conviction score, put-call volume ratio of 0.02, expected move of 6.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T01:50:38.305463+00:00", "snapshot": {"fetched_at": "2026-07-31T01:50:38.305463+00:00", "underlying_price": 25.83, "total_contracts": 174, "call_contracts": 87, "put_contracts": 87, "call_volume": 55, "put_volume": 1, "call_open_interest": 5658, "put_open_interest": 2010, "put_call_volume_ratio": 0.01818182, "put_call_open_interest_ratio": 0.3552492, "volume_open_interest_ratio": 0.00730308, "avg_implied_volatility": 0.3343825, "max_pain_strike": 24.0, "expected_move_percent": 6.00077429, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 25.83, "one_week_change": -0.3472222222222222, "one_week_change_label": "-0.3%", "relative_strength": 23.264034, "fair_value_gap_label": "+57.9%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "6.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "1", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 81.8, "confidence_label": "82/100", "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 99% / P 1%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "1/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 4 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": "Bullish flow before price confirmation", "tone": "positive", "score": 46.4, "score_label": "46/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "-0.3%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 50, "open_interest": 371, "premium": 9125.0, "premium_label": "$9125", "premium_share": 97.25552891020517, "weighted_strike": 24.0, "avg_iv": 0.9957836363636363, "max_voi": 0.20325203, "why": "calls cluster with 50 contracts traded, $9125 estimated gross traded notional, and 97% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 2, "open_interest": 157, "premium": 125.0, "premium_label": "$125", "premium_share": 1.332267519317879, "weighted_strike": 26.0, "avg_iv": 0.32707, "max_voi": 0.01273885, "why": "calls cluster with 2 contracts traded, $125 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 3, "open_interest": 234, "premium": 75.0, "premium_label": "$75", "premium_share": 0.7993605115907274, "weighted_strike": 27.333333333333332, "avg_iv": 0.34414, "max_voi": 0.02247191, "why": "calls cluster with 3 contracts traded, $75 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 96, "premium": 57.5, "premium_label": "$58", "premium_share": 0.6128430588862244, "weighted_strike": 25.0, "avg_iv": 0.4787263636363636, "max_voi": 0.01136364, "why": "puts cluster with 1 contracts traded, $58 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $9382 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 itm, and a bullish flow before price confirmation 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/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/", "research_links": {"chart": "/terminal/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/", "report": "/terminal/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/report/", "factor": "/factors/ticker/c6d6755c-a5a6-451f-84a9-f1da6e1d674c/", "insider": "/insider-activity/company/mac/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}