{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MIAX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 50.77, "avg_conviction_label": "50.8", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "MIAX", "leader_score": "51", "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": "Financial Services", "count": 1, "avg_score": "50.77", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "MIAX", "name": "Miami International Holdings, Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Capital Markets", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/capital-markets/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 50.77, "options_pressure_score": 94.81, "trend_confirmation_score": 0.0, "speculation_score": 11.86, "volatility_score": 83.47, "edge_label": "Volatility expansion watch", "insight": "MIAX shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 0.04, expected move of 10.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T11:27:59.493985+00:00", "snapshot": {"fetched_at": "2026-08-02T11:27:59.493985+00:00", "underlying_price": 47.04, "total_contracts": 162, "call_contracts": 81, "put_contracts": 81, "call_volume": 322, "put_volume": 13, "call_open_interest": 8945, "put_open_interest": 7032, "put_call_volume_ratio": 0.04037267, "put_call_open_interest_ratio": 0.78613751, "volume_open_interest_ratio": 0.02096764, "avg_implied_volatility": 0.62096, "max_pain_strike": 40.0, "expected_move_percent": 10.04464286, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 47.04, "one_week_change": 9.957924263674615, "one_week_change_label": "+10.0%", "relative_strength": null, "fair_value_gap_label": "+10.5%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "10.0%", "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": 91.1, "confidence_label": "91/100", "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 92% / P 8%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "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": "5 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": "Volatility flow versus price", "tone": "warning", "score": 74.7, "score_label": "75/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+95"}, {"label": "1W price", "value": "+10.0%"}, {"label": "Call premium", "value": "92%"}, {"label": "Put premium", "value": "8%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 280, "open_interest": 211, "premium": 34300.0, "premium_label": "$34300", "premium_share": 55.26909442475024, "weighted_strike": 50.0, "avg_iv": 0.5465725, "max_voi": 1.4213198, "why": "calls cluster with 280 contracts traded, $34300 estimated gross traded notional, and 55% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 31, "open_interest": 540, "premium": 18865.0, "premium_label": "$18865", "premium_share": 30.398001933612633, "weighted_strike": 44.67741935483871, "avg_iv": 0.5852215384615385, "max_voi": 0.5, "why": "calls cluster with 31 contracts traded, $18865 estimated gross traded notional, and 30% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 6, "open_interest": 0, "premium": 2730.0, "premium_label": "$2730", "premium_share": 4.398968739929101, "weighted_strike": 50.0, "avg_iv": 0.7685175, "max_voi": 0.0, "why": "puts cluster with 6 contracts traded, $2730 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 7, "open_interest": 366, "premium": 2275.0, "premium_label": "$2275", "premium_share": 3.6658072832742508, "weighted_strike": 45.0, "avg_iv": 0.9667714285714286, "max_voi": 0.03414634, "why": "calls cluster with 7 contracts traded, $2275 estimated gross traded notional, and 4% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 4, "open_interest": 4413, "premium": 1940.0, "premium_label": "$1940", "premium_share": 3.1260070899129873, "weighted_strike": 40.0, "avg_iv": 0.4734034615384615, "max_voi": 0.5, "why": "puts cluster with 4 contracts traded, $1940 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $62060 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 otm, 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/28a15f3d-4cfd-4888-b6be-4a5627a2317a/", "research_links": {"chart": "/terminal/28a15f3d-4cfd-4888-b6be-4a5627a2317a/", "report": "/terminal/28a15f3d-4cfd-4888-b6be-4a5627a2317a/report/", "factor": "/factors/ticker/28a15f3d-4cfd-4888-b6be-4a5627a2317a/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}