{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MCHP", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 54.73, "avg_conviction_label": "54.7", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "MCHP", "leader_score": "55", "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": [{"ticker__sector": "Technology", "count": 1, "avg_score": "54.73", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 100.0}], "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": "MCHP", "name": "Microchip Technology Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Semiconductors", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/semiconductors/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 54.73, "options_pressure_score": 85.63, "trend_confirmation_score": 0.0, "speculation_score": 41.67, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "MCHP shows volatility options pressure with a 55/100 conviction score, put-call volume ratio of 0.10, expected move of 10.4%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T11:23:22.564452+00:00", "snapshot": {"fetched_at": "2026-08-01T11:23:22.564452+00:00", "underlying_price": 74.29, "total_contracts": 1198, "call_contracts": 599, "put_contracts": 599, "call_volume": 28669, "put_volume": 2768, "call_open_interest": 252135, "put_open_interest": 184008, "put_call_volume_ratio": 0.09655028, "put_call_open_interest_ratio": 0.72979951, "volume_open_interest_ratio": 0.07207957, "avg_implied_volatility": 0.94290375, "max_pain_strike": 78.0, "expected_move_percent": 10.43209046, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 74.29, "one_week_change": -5.79507988840984, "one_week_change_label": "-5.8%", "relative_strength": -5.246394, "fair_value_gap_label": "+4.1%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "10.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 85.9, "confidence_label": "86/100", "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 95% / P 5%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.07", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 5 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": "Volatility flow versus price", "tone": "warning", "score": 63.4, "score_label": "63/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+86"}, {"label": "1W price", "value": "-5.8%"}, {"label": "Call premium", "value": "95%"}, {"label": "Put premium", "value": "5%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 12723, "open_interest": 5399, "premium": 22039950.0, "premium_label": "$22.0M", "premium_share": 72.68753075066321, "weighted_strike": 65.09313841075218, "avg_iv": 0.6542623076923076, "max_voi": 231.7, "why": "calls cluster with 12723 contracts traded, $22.0M estimated gross traded notional, and 73% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 12009, "open_interest": 71991, "premium": 4291646.0, "premium_label": "$4.3M", "premium_share": 14.153804822422954, "weighted_strike": 84.93109334665668, "avg_iv": 0.624619, "max_voi": 0.57251908, "why": "calls cluster with 12009 contracts traded, $4.3M estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 1632, "open_interest": 109160, "premium": 1256775.0, "premium_label": "$1.3M", "premium_share": 4.144831157020082, "weighted_strike": 73.50796568627452, "avg_iv": 0.6652666666666667, "max_voi": 3.66165414, "why": "calls cluster with 1632 contracts traded, $1.3M estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 720, "open_interest": 3157, "premium": 904495.0, "premium_label": "$904495", "premium_share": 2.9830153029530977, "weighted_strike": 73.95138888888889, "avg_iv": 0.6311216666666667, "max_voi": 3.24731183, "why": "calls cluster with 720 contracts traded, $904495 estimated gross traded notional, and 3% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 632, "open_interest": 7562, "premium": 492960.0, "premium_label": "$492960", "premium_share": 1.6257770620553558, "weighted_strike": 74.82199367088607, "avg_iv": 0.7002275, "max_voi": 0.10379608, "why": "puts cluster with 632 contracts traded, $492960 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $30.3M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, 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/f314c4d9-447e-4de3-a67d-fb5ad9e9d6f6/", "research_links": {"chart": "/terminal/f314c4d9-447e-4de3-a67d-fb5ad9e9d6f6/", "report": "/terminal/f314c4d9-447e-4de3-a67d-fb5ad9e9d6f6/report/", "factor": "/factors/ticker/f314c4d9-447e-4de3-a67d-fb5ad9e9d6f6/", "insider": "/insider-activity/company/mchp/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}