{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MAR", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.95, "avg_conviction_label": "46.0", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "MAR", "leader_score": "46", "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": "Consumer Cyclical", "count": 1, "avg_score": "45.95", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "MAR", "name": "Marriott International Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Lodging", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/lodging/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 45.95, "options_pressure_score": -34.31, "trend_confirmation_score": 71.52, "speculation_score": 42.53, "volatility_score": 35.84, "edge_label": "Put-side pressure", "insight": "MAR shows bearish options pressure with a 46/100 conviction score, put-call volume ratio of 2.22, expected move of 1.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T20:17:35.800254+00:00", "snapshot": {"fetched_at": "2026-07-30T20:17:35.800254+00:00", "underlying_price": 374.43, "total_contracts": 722, "call_contracts": 387, "put_contracts": 335, "call_volume": 1624, "put_volume": 3608, "call_open_interest": 28227, "put_open_interest": 19728, "put_call_volume_ratio": 2.22167488, "put_call_open_interest_ratio": 0.6989053, "volume_open_interest_ratio": 0.10910228, "avg_implied_volatility": 0.42844199, "max_pain_strike": 372.5, "expected_move_percent": 1.46222258, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 374.43, "one_week_change": 2.2362385321100917, "one_week_change_label": "+2.2%", "relative_strength": 8.154269, "fair_value_gap_label": "+41.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.5%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "72", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 64.9, "confidence_label": "65/100", "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 65% / P 35%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.11", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "72/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "3 Aug", "detail": "Matched earnings event is 3 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": "Bearish flow against rising price", "tone": "warning", "score": 29.8, "score_label": "30/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-34"}, {"label": "1W price", "value": "+2.2%"}, {"label": "Call premium", "value": "65%"}, {"label": "Put premium", "value": "35%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 427, "open_interest": 1126, "premium": 6189907.0, "premium_label": "$6.2M", "premium_share": 49.77601862342634, "weighted_strike": 234.66042154566745, "avg_iv": 0.35450243, "max_voi": 7.33333333, "why": "calls cluster with 427 contracts traded, $6.2M estimated gross traded notional, and 50% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 1700, "open_interest": 3656, "premium": 3086853.0, "premium_label": "$3.1M", "premium_share": 24.822869296062034, "weighted_strike": 332.41764705882355, "avg_iv": 0.4587704865116279, "max_voi": 1.09090909, "why": "puts cluster with 1700 contracts traded, $3.1M estimated gross traded notional, and 25% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 150, "open_interest": 374, "premium": 707390.0, "premium_label": "$707390", "premium_share": 5.688463140726599, "weighted_strike": 404.46666666666664, "avg_iv": 0.27410041125, "max_voi": 1.42857143, "why": "puts cluster with 150 contracts traded, $707390 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 63, "open_interest": 10525, "premium": 658330.0, "premium_label": "$658330", "premium_share": 5.293948090069893, "weighted_strike": 248.33333333333334, "avg_iv": 0.39964537363636365, "max_voi": 1.5, "why": "calls cluster with 63 contracts traded, $658330 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 320, "open_interest": 1563, "premium": 555452.5, "premium_label": "$555452", "premium_share": 4.466660643597508, "weighted_strike": 430.0, "avg_iv": 0.3263966841666667, "max_voi": 1.0, "why": "calls cluster with 320 contracts traded, $555452 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $12.4M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, 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/d8150a6d-3203-4f36-a921-a3ebf379f1c0/", "research_links": {"chart": "/terminal/d8150a6d-3203-4f36-a921-a3ebf379f1c0/", "report": "/terminal/d8150a6d-3203-4f36-a921-a3ebf379f1c0/report/", "factor": "/factors/ticker/d8150a6d-3203-4f36-a921-a3ebf379f1c0/", "insider": "/insider-activity/company/mar/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}