{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NOW", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 42.43, "avg_conviction_label": "42.4", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "NOW", "leader_score": "42", "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": "Technology", "count": 1, "avg_score": "42.43", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "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": 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": "NOW", "name": "ServiceNow Inc", "exchange": "NYSE", "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": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 42.43, "options_pressure_score": 58.05, "trend_confirmation_score": 8.09, "speculation_score": 41.59, "volatility_score": 67.93, "edge_label": "Call-side pressure", "insight": "NOW shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.28, expected move of 6.6%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T03:32:46.444709+00:00", "snapshot": {"fetched_at": "2026-08-02T03:32:46.444709+00:00", "underlying_price": 111.23, "total_contracts": 2000, "call_contracts": 1000, "put_contracts": 1000, "call_volume": 70393, "put_volume": 19949, "call_open_interest": 725844, "put_open_interest": 591738, "put_call_volume_ratio": 0.28339466, "put_call_open_interest_ratio": 0.81524129, "volume_open_interest_ratio": 0.06856651, "avg_implied_volatility": 0.5941325, "max_pain_strike": 101.0, "expected_move_percent": 6.58545356, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 111.23, "one_week_change": 12.603765944523182, "one_week_change_label": "+12.6%", "relative_strength": -25.229786, "fair_value_gap_label": "-28.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "6.6%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "8", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 94, "confidence_label": "94/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 84% / P 16%", "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": "8/100", "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": "Bullish flow confirms price", "tone": "positive", "score": 71.4, "score_label": "71/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+58"}, {"label": "1W price", "value": "+12.6%"}, {"label": "Call premium", "value": "84%"}, {"label": "Put premium", "value": "16%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 21618, "open_interest": 95409, "premium": 5998346.5, "premium_label": "$6.0M", "premium_share": 16.929381729846636, "weighted_strike": 126.10680914053104, "avg_iv": 0.6349174074074074, "max_voi": 1197.0, "why": "calls cluster with 21618 contracts traded, $6.0M estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 4603, "open_interest": 126175, "premium": 3587111.0, "premium_label": "$3.6M", "premium_share": 10.124051924364807, "weighted_strike": 167.1748859439496, "avg_iv": 0.6088154, "max_voi": 1.43577982, "why": "calls cluster with 4603 contracts traded, $3.6M estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 6364, "open_interest": 65945, "premium": 3163659.0, "premium_label": "$3.2M", "premium_share": 8.92892580881496, "weighted_strike": 134.36376492771842, "avg_iv": 0.6037396, "max_voi": 0.87853577, "why": "calls cluster with 6364 contracts traded, $3.2M estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 975, "open_interest": 32260, "premium": 3109435.0, "premium_label": "$3.1M", "premium_share": 8.775887168096354, "weighted_strike": 92.75897435897436, "avg_iv": 0.6455257142857143, "max_voi": 2.3, "why": "calls cluster with 975 contracts traded, $3.1M estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 17940, "open_interest": 15072, "premium": 2414451.5, "premium_label": "$2.4M", "premium_share": 6.8144064554624855, "weighted_strike": 119.95105908584169, "avg_iv": 0.6421815, "max_voi": 2.53784861, "why": "calls cluster with 17940 contracts traded, $2.4M estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $35.4M of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 otm, and a bullish 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/6ae9c3a6-2e27-4666-acc2-4345c0a50e78/", "research_links": {"chart": "/terminal/6ae9c3a6-2e27-4666-acc2-4345c0a50e78/", "report": "/terminal/6ae9c3a6-2e27-4666-acc2-4345c0a50e78/report/", "factor": "/factors/ticker/6ae9c3a6-2e27-4666-acc2-4345c0a50e78/", "insider": "/insider-activity/company/now/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}