{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NAVN", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 63.94, "avg_conviction_label": "63.9", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "NAVN", "leader_score": "64", "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": "63.94", "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": 1, "url": "/options/conviction/60-79/", "bar_width": 100.0}, {"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": 0, "url": "/options/conviction/under-40/", "bar_width": 0.0}]}, "signals": [{"symbol": "NAVN", "name": "Navan, Inc. Class A Common Stock", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Software - Application", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/software-application/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 63.94, "options_pressure_score": 98.66, "trend_confirmation_score": 14.34, "speculation_score": 41.69, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "NAVN shows volatility options pressure with a 64/100 conviction score, put-call volume ratio of 0.05, expected move of 13.7%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-14T01:29:31.289481+00:00", "snapshot": {"fetched_at": "2026-08-14T01:29:31.289481+00:00", "underlying_price": 29.08, "total_contracts": 96, "call_contracts": 48, "put_contracts": 48, "call_volume": 1435, "put_volume": 67, "call_open_interest": 15110, "put_open_interest": 5566, "put_call_volume_ratio": 0.0466899, "put_call_open_interest_ratio": 0.36836532, "volume_open_interest_ratio": 0.07264461, "avg_implied_volatility": 1.29655375, "max_pain_strike": 25.0, "expected_move_percent": 13.66918845, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 29.08, "one_week_change": 9.241172051089407, "one_week_change_label": "+9.2%", "relative_strength": null, "fair_value_gap_label": "+71.2%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "13.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "14", "detail": "Options positioning is not confirming the underlying trend context."}], "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 98% / P 2%", "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": "14/100", "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": 79.6, "score_label": "80/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+99"}, {"label": "1W price", "value": "+9.2%"}, {"label": "Call premium", "value": "98%"}, {"label": "Put premium", "value": "2%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 451, "open_interest": 1041, "premium": 155287.5, "premium_label": "$155,288", "premium_share": 43.825670984675305, "weighted_strike": 30.188470066518846, "avg_iv": 0.9286766666666667, "max_voi": 0.64705882, "why": "calls cluster with 451 contracts traded, $155,288 estimated gross traded notional, and 44% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 183, "open_interest": 1206, "premium": 96075.0, "premium_label": "$96,075", "premium_share": 27.114554229108457, "weighted_strike": 25.0, "avg_iv": 3.446014, "max_voi": 0.18136769, "why": "calls cluster with 183 contracts traded, $96,075 estimated gross traded notional, and 27% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 772, "open_interest": 2450, "premium": 82390.0, "premium_label": "$82,390", "premium_share": 23.252335393559676, "weighted_strike": 34.48186528497409, "avg_iv": 1.0750133333333334, "max_voi": 15.0, "why": "calls cluster with 772 contracts traded, $82,390 estimated gross traded notional, and 23% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 19, "open_interest": 3987, "premium": 8070.0, "premium_label": "$8,070", "premium_share": 2.27753788840911, "weighted_strike": 35.78947368421053, "avg_iv": 0.7920933333333333, "max_voi": 0.01456311, "why": "calls cluster with 19 contracts traded, $8,070 estimated gross traded notional, and 2% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 36, "open_interest": 83, "premium": 5130.0, "premium_label": "$5,130", "premium_share": 1.4478028956057911, "weighted_strike": 25.0, "avg_iv": 0.8571333333333333, "max_voi": 0.87804878, "why": "puts cluster with 36 contracts traded, $5,130 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $354,330 of estimated gross traded notional, calls \u00b7 22-45 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/f7270e11-b7f8-4dcd-bd34-6d656e7eb2a5/", "research_links": {"chart": "/terminal/f7270e11-b7f8-4dcd-bd34-6d656e7eb2a5/", "report": "/terminal/f7270e11-b7f8-4dcd-bd34-6d656e7eb2a5/report/", "factor": "/factors/ticker/f7270e11-b7f8-4dcd-bd34-6d656e7eb2a5/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}