{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "NTRS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 42.94, "avg_conviction_label": "42.9", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "NTRS", "leader_score": "43", "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": "Financial Services", "count": 1, "avg_score": "42.94", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "NTRS", "name": "Northern Trust Corporation", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Asset Management", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/asset-management/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 42.94, "options_pressure_score": -67.69, "trend_confirmation_score": 34.94, "speculation_score": 8.36, "volatility_score": 35.89, "edge_label": "Put-side pressure", "insight": "NTRS shows bearish options pressure with a 43/100 conviction score, put-call volume ratio of 6.94, expected move of 4.9%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T21:25:44.422861+00:00", "snapshot": {"fetched_at": "2026-08-01T21:25:44.422861+00:00", "underlying_price": 182.19, "total_contracts": 354, "call_contracts": 177, "put_contracts": 177, "call_volume": 18, "put_volume": 125, "call_open_interest": 6611, "put_open_interest": 2680, "put_call_volume_ratio": 6.94444444, "put_call_open_interest_ratio": 0.40538496, "volume_open_interest_ratio": 0.01539124, "avg_implied_volatility": 0.23438625, "max_pain_strike": 180.0, "expected_move_percent": 4.87128822, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 182.19, "one_week_change": 0.9251052514956791, "one_week_change_label": "+0.9%", "relative_strength": 15.267179, "fair_value_gap_label": "+70.6%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+1.2%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 80.4, "confidence_label": "80/100", "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 41% / P 59%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "35/100", "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 against rising price", "tone": "warning", "score": 34.7, "score_label": "35/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-68"}, {"label": "1W price", "value": "+0.9%"}, {"label": "Call premium", "value": "41%"}, {"label": "Put premium", "value": "59%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 114, "open_interest": 721, "premium": 7980.0, "premium_label": "$7980", "premium_share": 45.46879006296117, "weighted_strike": 170.0, "avg_iv": 0.3628375, "max_voi": 0.22574257, "why": "puts cluster with 114 contracts traded, $7980 estimated gross traded notional, and 45% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 12, "open_interest": 200, "premium": 5760.0, "premium_label": "$5760", "premium_share": 32.81957778980656, "weighted_strike": 181.66666666666666, "avg_iv": 0.234385, "max_voi": 0.08988764, "why": "calls cluster with 12 contracts traded, $5760 estimated gross traded notional, and 33% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 3, "open_interest": 1516, "premium": 900.0, "premium_label": "$900", "premium_share": 5.128059029657274, "weighted_strike": 100.0, "avg_iv": 0.38758203125, "max_voi": 0.0, "why": "puts cluster with 3 contracts traded, $900 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 2, "open_interest": 67, "premium": 827.5, "premium_label": "$828", "premium_share": 4.71496538560155, "weighted_strike": 182.5, "avg_iv": 0.234385, "max_voi": 0.04, "why": "puts cluster with 2 contracts traded, $828 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 1, "open_interest": 91, "premium": 790.0, "premium_label": "$790", "premium_share": 4.50129625936583, "weighted_strike": 180.0, "avg_iv": 0.2295075, "max_voi": 0.5, "why": "calls cluster with 1 contracts traded, $790 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $17550 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 otm, and a bearish flow against rising 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/c75eb976-1160-40a6-8d24-ae92d6b09eee/", "research_links": {"chart": "/terminal/c75eb976-1160-40a6-8d24-ae92d6b09eee/", "report": "/terminal/c75eb976-1160-40a6-8d24-ae92d6b09eee/report/", "factor": "/factors/ticker/c75eb976-1160-40a6-8d24-ae92d6b09eee/", "insider": "/insider-activity/company/ntrs/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}