{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NAT", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 57.64, "avg_conviction_label": "57.6", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "NAT", "leader_score": "58", "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": "Energy", "count": 1, "avg_score": "57.64", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "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": "NAT", "name": "Nordic American Tankers Limited", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Midstream", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-midstream/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 57.64, "options_pressure_score": 80.67, "trend_confirmation_score": 29.38, "speculation_score": 40.39, "volatility_score": 72.37, "edge_label": "Volatility expansion watch", "insight": "NAT shows volatility options pressure with a 58/100 conviction score, put-call volume ratio of 0.16, expected move of 12.9%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T02:29:20.120269+00:00", "snapshot": {"fetched_at": "2026-07-31T02:29:20.120269+00:00", "underlying_price": 6.45, "total_contracts": 102, "call_contracts": 51, "put_contracts": 51, "call_volume": 685, "put_volume": 111, "call_open_interest": 36408, "put_open_interest": 10451, "put_call_volume_ratio": 0.1620438, "put_call_open_interest_ratio": 0.2870523, "volume_open_interest_ratio": 0.01698713, "avg_implied_volatility": 0.46242625, "max_pain_strike": 6.0, "expected_move_percent": 12.86821705, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 6.45, "one_week_change": 6.6115702479338845, "one_week_change_label": "+6.6%", "relative_strength": 43.433118, "fair_value_gap_label": "+99.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "12.9%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than 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": "29/100", "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."]}, "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": "+81"}, {"label": "1W price", "value": "+6.6%"}, {"label": "Call premium", "value": "92%"}, {"label": "Put premium", "value": "8%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 160, "open_interest": 4145, "premium": 23390.0, "premium_label": "$23390", "premium_share": 55.557534946140784, "weighted_strike": 5.21875, "avg_iv": 0.09292666666666667, "max_voi": 1.33333333, "why": "calls cluster with 160 contracts traded, $23390 estimated gross traded notional, and 56% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 94, "open_interest": 7946, "premium": 5590.0, "premium_label": "$5590", "premium_share": 13.27775204570017, "weighted_strike": 7.031914893617022, "avg_iv": 0.391454, "max_voi": 0.01370873, "why": "calls cluster with 94 contracts traded, $5590 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 205, "open_interest": 5043, "premium": 2905.0, "premium_label": "$2905", "premium_share": 6.900155580099999, "weighted_strike": 7.082926829268293, "avg_iv": 0.5563275, "max_voi": 0.15315315, "why": "calls cluster with 205 contracts traded, $2905 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 195, "open_interest": 4472, "premium": 2877.5, "premium_label": "$2878", "premium_share": 6.8348356907875205, "weighted_strike": 7.82051282051282, "avg_iv": 0.44522, "max_voi": 7.42857143, "why": "calls cluster with 195 contracts traded, $2878 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 23, "open_interest": 6943, "premium": 2070.0, "premium_label": "$2070", "premium_share": 4.916806213702925, "weighted_strike": 5.956521739130435, "avg_iv": 0.47535533333333335, "max_voi": 0.02205882, "why": "calls cluster with 23 contracts traded, $2070 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $42100 of estimated gross traded notional, calls \u00b7 8-21 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/d11fc7ba-c4c6-44a0-8e74-a3e3084f4ee7/", "research_links": {"chart": "/terminal/d11fc7ba-c4c6-44a0-8e74-a3e3084f4ee7/", "report": "/terminal/d11fc7ba-c4c6-44a0-8e74-a3e3084f4ee7/report/", "factor": "/factors/ticker/d11fc7ba-c4c6-44a0-8e74-a3e3084f4ee7/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}