{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NET", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 51.02, "avg_conviction_label": "51.0", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "NET", "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": "Technology", "count": 1, "avg_score": "51.02", "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": 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": "NET", "name": "Cloudflare Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Software - Infrastructure", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/software-infrastructure/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 51.02, "options_pressure_score": -38.95, "trend_confirmation_score": 63.59, "speculation_score": 41.84, "volatility_score": 89.25, "edge_label": "Volatility expansion watch", "insight": "NET shows volatility options pressure with a 51/100 conviction score, put-call volume ratio of 2.36, expected move of 8.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T05:04:08.570327+00:00", "snapshot": {"fetched_at": "2026-07-31T05:04:08.570327+00:00", "underlying_price": 262.15, "total_contracts": 1694, "call_contracts": 847, "put_contracts": 847, "call_volume": 5196, "put_volume": 12272, "call_open_interest": 117724, "put_open_interest": 102399, "put_call_volume_ratio": 2.36181678, "put_call_open_interest_ratio": 0.86982264, "volume_open_interest_ratio": 0.07935563, "avg_implied_volatility": 0.88071, "max_pain_strike": 265.0, "expected_move_percent": 8.31203509, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 262.15, "one_week_change": -5.5859684506230645, "one_week_change_label": "-5.6%", "relative_strength": 15.47776, "fair_value_gap_label": "+91.5%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-1.1%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "8.3%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 91.8, "confidence_label": "92/100", "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 65% / P 35%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.08", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "64/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 6 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": 41.8, "score_label": "42/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-39"}, {"label": "1W price", "value": "-5.6%"}, {"label": "Call premium", "value": "65%"}, {"label": "Put premium", "value": "35%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 809, "open_interest": 15377, "premium": 4023970.0, "premium_label": "$4.0M", "premium_share": 20.56184484659173, "weighted_strike": 361.39678615574786, "avg_iv": 0.6616326470588235, "max_voi": 27.5, "why": "calls cluster with 809 contracts traded, $4.0M estimated gross traded notional, and 21% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 2556, "open_interest": 4331, "premium": 1981123.0, "premium_label": "$2.0M", "premium_share": 10.123222526016434, "weighted_strike": 262.61737089201876, "avg_iv": 0.9416844444444444, "max_voi": 8.60169492, "why": "puts cluster with 2556 contracts traded, $2.0M estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 152, "open_interest": 5049, "premium": 1815122.5, "premium_label": "$1.8M", "premium_share": 9.274986449341744, "weighted_strike": 168.51973684210526, "avg_iv": 0.894854, "max_voi": 1.125, "why": "calls cluster with 152 contracts traded, $1.8M estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 121, "open_interest": 3213, "premium": 1487280.0, "premium_label": "$1.5M", "premium_share": 7.599763567680412, "weighted_strike": 191.32231404958677, "avg_iv": 0.7119781818181818, "max_voi": 2.0, "why": "calls cluster with 121 contracts traded, $1.5M estimated gross traded notional, and 8% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 OTM", "tone": "negative", "volume": 5163, "open_interest": 15038, "premium": 1444566.0, "premium_label": "$1.4M", "premium_share": 7.38150184088391, "weighted_strike": 228.56042998256828, "avg_iv": 1.4099658333333334, "max_voi": 14.35714286, "why": "puts cluster with 5163 contracts traded, $1.4M estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $19.6M of estimated gross traded notional, calls \u00b7 91+ 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/d574a1c8-15c4-4483-9646-47234dffcaf1/", "research_links": {"chart": "/terminal/d574a1c8-15c4-4483-9646-47234dffcaf1/", "report": "/terminal/d574a1c8-15c4-4483-9646-47234dffcaf1/report/", "factor": "/factors/ticker/d574a1c8-15c4-4483-9646-47234dffcaf1/", "insider": "/insider-activity/company/net/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}