{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MANU", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 40.58, "avg_conviction_label": "40.6", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "MANU", "leader_score": "41", "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": "Communication Services", "count": 1, "avg_score": "40.58", "sector_label": "Communication Services", "industry_label": "", "sector_url": "/structure/us/communication-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": "MANU", "name": "Manchester United Ltd", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Communication Services", "industry": "Entertainment", "sector_url": "https://sharemaestro.com/structure/us/communication-services/", "industry_url": "https://sharemaestro.com/structure/us/communication-services/entertainment/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 40.58, "options_pressure_score": -44.53, "trend_confirmation_score": 56.82, "speculation_score": 1.55, "volatility_score": 67.63, "edge_label": "Put-side pressure", "insight": "MANU shows bearish options pressure with a 41/100 conviction score, put-call volume ratio of 2.78, expected move of 9.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T12:18:21.661130+00:00", "snapshot": {"fetched_at": "2026-08-02T12:18:21.661130+00:00", "underlying_price": 23.01, "total_contracts": 236, "call_contracts": 118, "put_contracts": 118, "call_volume": 37, "put_volume": 103, "call_open_interest": 12122, "put_open_interest": 9485, "put_call_volume_ratio": 2.78378378, "put_call_open_interest_ratio": 0.78246164, "volume_open_interest_ratio": 0.00647938, "avg_implied_volatility": 0.40755, "max_pain_strike": 22.0, "expected_move_percent": 9.77561553, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 23.01, "one_week_change": 1.4997794441993824, "one_week_change_label": "+1.5%", "relative_strength": 18.104258, "fair_value_gap_label": "+32.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.8%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 72.2, "confidence_label": "72/100", "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 42% / P 58%", "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": "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": 24.8, "score_label": "25/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-45"}, {"label": "1W price", "value": "+1.5%"}, {"label": "Call premium", "value": "42%"}, {"label": "Put premium", "value": "58%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 43, "open_interest": 917, "premium": 1075.0, "premium_label": "$1075", "premium_share": 44.375644994840044, "weighted_strike": 17.0, "avg_iv": 0.5186985714285715, "max_voi": 0.1755102, "why": "puts cluster with 43 contracts traded, $1075 estimated gross traded notional, and 44% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 35, "open_interest": 81, "premium": 607.5, "premium_label": "$608", "premium_share": 25.077399380804952, "weighted_strike": 26.82857142857143, "avg_iv": 0.3660875, "max_voi": 0.06, "why": "calls cluster with 35 contracts traded, $608 estimated gross traded notional, and 25% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 2178, "premium": 302.5, "premium_label": "$302", "premium_share": 12.487100103199175, "weighted_strike": 22.0, "avg_iv": 0.45601239130434784, "max_voi": 0.01754386, "why": "calls cluster with 1 contracts traded, $302 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 58, "open_interest": 189, "premium": 290.0, "premium_label": "$290", "premium_share": 11.971104231166152, "weighted_strike": 19.0, "avg_iv": 0.5319377777777777, "max_voi": 0.0, "why": "puts cluster with 58 contracts traded, $290 estimated gross traded notional, and 12% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 1, "open_interest": 6366, "premium": 117.5, "premium_label": "$118", "premium_share": 4.8503611971104235, "weighted_strike": 24.0, "avg_iv": 0.34739, "max_voi": 0.00444444, "why": "calls cluster with 1 contracts traded, $118 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: $2422 of estimated gross traded notional, puts \u00b7 46-90 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/662650f7-258a-458b-a56d-c5c29dcf26cd/", "research_links": {"chart": "/terminal/662650f7-258a-458b-a56d-c5c29dcf26cd/", "report": "/terminal/662650f7-258a-458b-a56d-c5c29dcf26cd/report/", "factor": "/factors/ticker/662650f7-258a-458b-a56d-c5c29dcf26cd/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}