{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NOV", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 40.23, "avg_conviction_label": "40.2", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "NOV", "leader_score": "40", "leader_direction": "bearish", "leader_direction_label": "Bearish", "leader_tone": "negative", "leader_read": "The strongest current read leans put-side, which is usually a caution flag or downside-risk signal."}, "charts": {"sectors": [{"ticker__sector": "Energy", "count": 1, "avg_score": "40.23", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bearish", "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": "NOV", "name": "NOV Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Equipment & Services", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-equipment-services/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 40.23, "options_pressure_score": -21.53, "trend_confirmation_score": 85.13, "speculation_score": 16.15, "volatility_score": 54.96, "edge_label": "Put-side pressure", "insight": "NOV shows bearish options pressure with a 40/100 conviction score, put-call volume ratio of 1.96, expected move of 7.2%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T23:22:21.085363+00:00", "snapshot": {"fetched_at": "2026-08-01T23:22:21.085363+00:00", "underlying_price": 19.43, "total_contracts": 276, "call_contracts": 138, "put_contracts": 138, "call_volume": 49, "put_volume": 96, "call_open_interest": 20155, "put_open_interest": 1876, "put_call_volume_ratio": 1.95918367, "put_call_open_interest_ratio": 0.09307864, "volume_open_interest_ratio": 0.00658163, "avg_implied_volatility": 0.373405, "max_pain_strike": 18.0, "expected_move_percent": 7.20535255, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 19.43, "one_week_change": -6.40655105973025, "one_week_change_label": "-6.4%", "relative_strength": 5.858744, "fair_value_gap_label": "+19.2%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "85", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 64.6, "confidence_label": "65/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 43% / P 57%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "85/100", "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": "Bearish flow confirms price", "tone": "negative", "score": 31.8, "score_label": "32/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-22"}, {"label": "1W price", "value": "-6.4%"}, {"label": "Call premium", "value": "43%"}, {"label": "Put premium", "value": "57%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 28, "open_interest": 11900, "premium": 3780.0, "premium_label": "$3780", "premium_share": 38.84892086330935, "weighted_strike": 20.0, "avg_iv": 0.27579553191489364, "max_voi": 0.8, "why": "calls cluster with 28 contracts traded, $3780 estimated gross traded notional, and 39% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 40, "open_interest": 0, "premium": 2600.0, "premium_label": "$2600", "premium_share": 26.72147995889003, "weighted_strike": 19.0, "avg_iv": 0.31731, "max_voi": 0.0, "why": "puts cluster with 40 contracts traded, $2600 estimated gross traded notional, and 27% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 16, "open_interest": 131, "premium": 1760.0, "premium_label": "$1760", "premium_share": 18.088386433710173, "weighted_strike": 19.0, "avg_iv": 0.3791, "max_voi": 0.12403101, "why": "puts cluster with 16 contracts traded, $1760 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 29, "open_interest": 64, "premium": 870.0, "premium_label": "$870", "premium_share": 8.94141829393628, "weighted_strike": 19.0, "avg_iv": 0.26853, "max_voi": 0.453125, "why": "puts cluster with 29 contracts traded, $870 estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 2, "open_interest": 768, "premium": 250.0, "premium_label": "$250", "premium_share": 2.5693730729701953, "weighted_strike": 18.0, "avg_iv": 0.3534268085106383, "max_voi": 0.4, "why": "puts cluster with 2 contracts traded, $250 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $9730 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, and a bearish 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/5b14893d-fc13-4df4-a2c8-6036353b1a95/", "research_links": {"chart": "/terminal/5b14893d-fc13-4df4-a2c8-6036353b1a95/", "report": "/terminal/5b14893d-fc13-4df4-a2c8-6036353b1a95/report/", "factor": "/factors/ticker/5b14893d-fc13-4df4-a2c8-6036353b1a95/", "insider": "/insider-activity/company/nov/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}