{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MKTX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 56.56, "avg_conviction_label": "56.6", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "MKTX", "leader_score": "57", "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": "Financial Services", "count": 1, "avg_score": "56.56", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "MKTX", "name": "MarketAxess Holdings Inc", "exchange": "NASDAQ", "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": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 56.56, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 57.74, "volatility_score": 18.61, "edge_label": "Call-side pressure", "insight": "MKTX shows bullish options pressure with a 57/100 conviction score, put-call volume ratio of 0.01, expected move of 2.7%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T00:12:15.041045+00:00", "snapshot": {"fetched_at": "2026-08-02T00:12:15.041045+00:00", "underlying_price": 162.3, "total_contracts": 254, "call_contracts": 127, "put_contracts": 127, "call_volume": 20770, "put_volume": 133, "call_open_interest": 25832, "put_open_interest": 1499, "put_call_volume_ratio": 0.00640347, "put_call_open_interest_ratio": 0.0580288, "volume_open_interest_ratio": 0.76480919, "avg_implied_volatility": 0.1099975, "max_pain_strike": 135.0, "expected_move_percent": 2.72643253, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 162.3, "one_week_change": 39.08646842060159, "one_week_change_label": "+39.1%", "relative_strength": -9.028571, "fair_value_gap_label": "-19.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Fresh flow", "value": "0.76", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "directional-flow-confirmation-needed", "label": "Directional flow, confirmation needed", "tone": "neutral", "confidence": 41.9, "confidence_label": "42/100", "summary": "There is useful activity, but aggregate chain data does not isolate participant intent.", "evidence": [{"label": "Notional split", "value": "C 97% / P 3%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.76", "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": "Bullish flow confirms price", "tone": "positive", "score": 100, "score_label": "100/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "+39.1%"}, {"label": "Call premium", "value": "97%"}, {"label": "Put premium", "value": "3%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 20394, "open_interest": 22922, "premium": 295905.0, "premium_label": "$295905", "premium_share": 58.67836115831785, "weighted_strike": 177.35878199470432, "avg_iv": 0.2212523076923077, "max_voi": 0.96183426, "why": "calls cluster with 20394 contracts traded, $295905 estimated gross traded notional, and 59% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 131, "open_interest": 479, "premium": 103555.0, "premium_label": "$103555", "premium_share": 20.53509636454134, "weighted_strike": 154.6946564885496, "avg_iv": 0.488036875, "max_voi": 21.66666667, "why": "calls cluster with 131 contracts traded, $103555 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 137, "open_interest": 155, "premium": 42390.0, "premium_label": "$42390", "premium_share": 8.405994253226858, "weighted_strike": 160.25547445255475, "avg_iv": 0.08317, "max_voi": 65.0, "why": "calls cluster with 137 contracts traded, $42390 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 37, "open_interest": 339, "premium": 30710.0, "premium_label": "$30710", "premium_share": 6.089834477862628, "weighted_strike": 155.0, "avg_iv": 0.028538, "max_voi": 0.0, "why": "calls cluster with 37 contracts traded, $30710 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 49, "open_interest": 24, "premium": 14177.5, "premium_label": "$14178", "premium_share": 2.8114173985639015, "weighted_strike": 160.20408163265307, "avg_iv": 0.044145, "max_voi": 3.91666667, "why": "calls cluster with 49 contracts traded, $14178 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $504283 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 otm, and a bullish flow confirms 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/4eec2666-7dae-4567-a9af-1d650e4dc1c5/", "research_links": {"chart": "/terminal/4eec2666-7dae-4567-a9af-1d650e4dc1c5/", "report": "/terminal/4eec2666-7dae-4567-a9af-1d650e4dc1c5/report/", "factor": "/factors/ticker/4eec2666-7dae-4567-a9af-1d650e4dc1c5/", "insider": "/insider-activity/company/mktx/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}