{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NSC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 35.61, "avg_conviction_label": "35.6", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "NSC", "leader_score": "36", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "35.61", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "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": 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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "NSC", "name": "Norfolk Southern Corporation", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Railroads", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/railroads/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 35.61, "options_pressure_score": -14.63, "trend_confirmation_score": 90.49, "speculation_score": 10.07, "volatility_score": 37.17, "edge_label": "Options-market disagreement", "insight": "NSC shows mixed options pressure with a 36/100 conviction score, put-call volume ratio of 1.11, expected move of 5.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T03:52:13.819844+00:00", "snapshot": {"fetched_at": "2026-07-31T03:52:13.819844+00:00", "underlying_price": 350.66, "total_contracts": 546, "call_contracts": 273, "put_contracts": 273, "call_volume": 61, "put_volume": 68, "call_open_interest": 5674, "put_open_interest": 10028, "put_call_volume_ratio": 1.1147541, "put_call_open_interest_ratio": 1.76735989, "volume_open_interest_ratio": 0.00821551, "avg_implied_volatility": 0.2185325, "max_pain_strike": 330.0, "expected_move_percent": 5.46825985, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 350.66, "one_week_change": 3.086782690498589, "one_week_change_label": "+3.1%", "relative_strength": 9.726114, "fair_value_gap_label": "+40.0%", "trend_signal": "1"}, "premium_flags": [{"label": "Trend agreement", "value": "90", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 65.0, "confidence_label": "65/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 48% / P 52%", "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": "90/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 4 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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "No clean flow/price divergence", "tone": "neutral", "score": 17.7, "score_label": "18/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-15"}, {"label": "1W price", "value": "+3.1%"}, {"label": "Call premium", "value": "48%"}, {"label": "Put premium", "value": "52%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 36, "open_interest": 1146, "premium": 38530.0, "premium_label": "$38530", "premium_share": 33.23686333032853, "weighted_strike": 335.27777777777777, "avg_iv": 0.096827, "max_voi": 0.11764706, "why": "calls cluster with 36 contracts traded, $38530 estimated gross traded notional, and 33% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 52, "open_interest": 577, "premium": 29273.0, "premium_label": "$29273", "premium_share": 25.25156242586834, "weighted_strike": 320.5769230769231, "avg_iv": 0.4083645833333333, "max_voi": 1.23529412, "why": "puts cluster with 52 contracts traded, $29273 estimated gross traded notional, and 25% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 10, "open_interest": 15, "premium": 19950.0, "premium_label": "$19950", "premium_share": 17.209328404880722, "weighted_strike": 350.0, "avg_iv": 0.22951, "max_voi": 0.66666667, "why": "puts cluster with 10 contracts traded, $19950 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 11, "premium": 7310.0, "premium_label": "$7310", "premium_share": 6.305773966901157, "weighted_strike": 400.0, "avg_iv": 0.26853, "max_voi": 1.0, "why": "puts cluster with 1 contracts traded, $7310 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 1819, "premium": 6350.0, "premium_label": "$6350", "premium_share": 5.47765590832043, "weighted_strike": 330.0, "avg_iv": 0.13821089552238805, "max_voi": 0.01052632, "why": "calls cluster with 3 contracts traded, $6350 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $115926 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 itm, and a no clean flow/price divergence 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/03a6f0a6-cf62-460d-ac28-6da6d1206555/", "research_links": {"chart": "/terminal/03a6f0a6-cf62-460d-ac28-6da6d1206555/", "report": "/terminal/03a6f0a6-cf62-460d-ac28-6da6d1206555/report/", "factor": "/factors/ticker/03a6f0a6-cf62-460d-ac28-6da6d1206555/", "insider": "/insider-activity/company/nsc/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}