{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NTRA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 48.84, "avg_conviction_label": "48.8", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "NTRA", "leader_score": "49", "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": "Healthcare", "count": 1, "avg_score": "48.84", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "NTRA", "name": "Natera Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Diagnostics & Research", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/diagnostics-research/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 48.84, "options_pressure_score": 53.85, "trend_confirmation_score": 44.42, "speculation_score": 27.8, "volatility_score": 85.52, "edge_label": "Volatility expansion watch", "insight": "NTRA shows volatility options pressure with a 49/100 conviction score, put-call volume ratio of 0.32, expected move of 12.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T21:25:31.498601+00:00", "snapshot": {"fetched_at": "2026-08-01T21:25:31.498601+00:00", "underlying_price": 267.76, "total_contracts": 516, "call_contracts": 258, "put_contracts": 258, "call_volume": 1873, "put_volume": 592, "call_open_interest": 15369, "put_open_interest": 12954, "put_call_volume_ratio": 0.31607048, "put_call_open_interest_ratio": 0.84286551, "volume_open_interest_ratio": 0.08703174, "avg_implied_volatility": 0.6502275, "max_pain_strike": 230.0, "expected_move_percent": 12.34314311, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 267.76, "one_week_change": 2.2023741364174203, "one_week_change_label": "+2.2%", "relative_strength": 17.283093, "fair_value_gap_label": "+85.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "12.3%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 89.3, "confidence_label": "89/100", "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 92% / P 8%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.09", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "44/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 5 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": 35.8, "score_label": "36/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+54"}, {"label": "1W price", "value": "+2.2%"}, {"label": "Call premium", "value": "92%"}, {"label": "Put premium", "value": "8%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 1005, "open_interest": 2712, "premium": 1562775.0, "premium_label": "$1.6M", "premium_share": 57.20014918834003, "weighted_strike": 270.0, "avg_iv": 0.63925, "max_voi": 0.37057522, "why": "calls cluster with 1005 contracts traded, $1.6M estimated gross traded notional, and 57% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 138, "open_interest": 2437, "premium": 483000.0, "premium_label": "$483000", "premium_share": 17.678598683731334, "weighted_strike": 270.0, "avg_iv": 0.57096, "max_voi": 0.27326733, "why": "calls cluster with 138 contracts traded, $483000 estimated gross traded notional, and 18% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 508, "open_interest": 3865, "premium": 175442.0, "premium_label": "$175442", "premium_share": 6.4214673090500884, "weighted_strike": 317.8937007874016, "avg_iv": 0.4969808333333333, "max_voi": 0.99022801, "why": "calls cluster with 508 contracts traded, $175442 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 203, "open_interest": 8711, "premium": 103557.5, "premium_label": "$103558", "premium_share": 3.7903757415952537, "weighted_strike": 177.3399014778325, "avg_iv": 0.570962, "max_voi": 3.22222222, "why": "puts cluster with 203 contracts traded, $103558 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 159, "open_interest": 473, "premium": 92290.0, "premium_label": "$92290", "premium_share": 3.3779666097754966, "weighted_strike": 327.7358490566038, "avg_iv": 0.512427619047619, "max_voi": 0.09210526, "why": "calls cluster with 159 contracts traded, $92290 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.7M of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 atm, 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/125f8cfb-18df-4bd2-a1a4-c526de810e9b/", "research_links": {"chart": "/terminal/125f8cfb-18df-4bd2-a1a4-c526de810e9b/", "report": "/terminal/125f8cfb-18df-4bd2-a1a4-c526de810e9b/report/", "factor": "/factors/ticker/125f8cfb-18df-4bd2-a1a4-c526de810e9b/", "insider": "/insider-activity/company/ntra/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}