{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "MRSH", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 37.61, "avg_conviction_label": "37.6", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "MRSH", "leader_score": "38", "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": "37.61", "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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "MRSH", "name": "Marsh & McLennan Companies, Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Insurance Brokers", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/insurance-brokers/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 37.61, "options_pressure_score": 25.51, "trend_confirmation_score": 48.36, "speculation_score": 42.75, "volatility_score": 49.19, "edge_label": "Call-side pressure", "insight": "MRSH shows bullish options pressure with a 38/100 conviction score, put-call volume ratio of 0.63, expected move of 7.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T18:22:25.692116+00:00", "snapshot": {"fetched_at": "2026-07-30T18:22:25.692116+00:00", "underlying_price": 180.74, "total_contracts": 217, "call_contracts": 106, "put_contracts": 111, "call_volume": 979, "put_volume": 614, "call_open_interest": 7524, "put_open_interest": 5895, "put_call_volume_ratio": 0.62717058, "put_call_open_interest_ratio": 0.78349282, "volume_open_interest_ratio": 0.11871227, "avg_implied_volatility": 0.30521325, "max_pain_strike": 180.0, "expected_move_percent": 6.95750802, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 180.74, "one_week_change": -0.23363842295910903, "one_week_change_label": "-0.2%", "relative_strength": -8.060612, "fair_value_gap_label": "-8.4%", "trend_signal": "0"}, "premium_flags": [{"label": "Pin watch", "value": "+0.4%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "7.0%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 65.1, "confidence_label": "65/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 66% / P 34%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.12", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "48/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow before price confirmation", "tone": "positive", "score": 19.9, "score_label": "20/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+26"}, {"label": "1W price", "value": "-0.2%"}, {"label": "Call premium", "value": "66%"}, {"label": "Put premium", "value": "34%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 107, "open_interest": 525, "premium": 438562.0, "premium_label": "$438562", "premium_share": 28.431877839949536, "weighted_strike": 156.30841121495328, "avg_iv": 0.3568000244736842, "max_voi": 2.0, "why": "calls cluster with 107 contracts traded, $438562 estimated gross traded notional, and 28% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 224, "open_interest": 1380, "premium": 241224.5, "premium_label": "$241224", "premium_share": 15.638531190579455, "weighted_strike": 211.71875, "avg_iv": 0.24467681068965516, "max_voi": 1.0, "why": "calls cluster with 224 contracts traded, $241224 estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 270, "open_interest": 1213, "premium": 210728.0, "premium_label": "$210728", "premium_share": 13.661449814295096, "weighted_strike": 149.25925925925927, "avg_iv": 0.33846436557692305, "max_voi": 1.77777778, "why": "puts cluster with 270 contracts traded, $210728 estimated gross traded notional, and 14% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 61, "open_interest": 54, "premium": 134635.0, "premium_label": "$134635", "premium_share": 8.728357388423087, "weighted_strike": 200.65573770491804, "avg_iv": 0.22860617214285714, "max_voi": 22.0, "why": "puts cluster with 61 contracts traded, $134635 estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 108, "open_interest": 125, "premium": 132675.0, "premium_label": "$132675", "premium_share": 8.601291020232726, "weighted_strike": 199.9537037037037, "avg_iv": 0.244331285, "max_voi": 1.0, "why": "puts cluster with 108 contracts traded, $132675 estimated gross traded notional, and 9% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.5M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bullish flow before price confirmation 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/b94dc15a-9d78-4bfe-aebb-1c2c36ebe41a/", "research_links": {"chart": "/terminal/b94dc15a-9d78-4bfe-aebb-1c2c36ebe41a/", "report": "/terminal/b94dc15a-9d78-4bfe-aebb-1c2c36ebe41a/report/", "factor": "/factors/ticker/b94dc15a-9d78-4bfe-aebb-1c2c36ebe41a/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}