{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "OBIO", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.89, "avg_conviction_label": "45.9", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "OBIO", "leader_score": "46", "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": "45.89", "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": "OBIO", "name": "Orchestra BioMed Holdings Inc.", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 45.89, "options_pressure_score": 82.01, "trend_confirmation_score": 0.0, "speculation_score": 8.37, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "OBIO shows volatility options pressure with a 46/100 conviction score, put-call volume ratio of 0.15, expected move of 55.2%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T00:10:48.500908+00:00", "snapshot": {"fetched_at": "2026-07-30T00:10:48.500908+00:00", "underlying_price": 3.74, "total_contracts": 13, "call_contracts": 8, "put_contracts": 5, "call_volume": 26, "put_volume": 4, "call_open_interest": 1488, "put_open_interest": 412, "put_call_volume_ratio": 0.15384615, "put_call_open_interest_ratio": 0.27688172, "volume_open_interest_ratio": 0.01578947, "avg_implied_volatility": 2.80924721, "max_pain_strike": 2.5, "expected_move_percent": 55.21390374, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 3.74, "one_week_change": 1.6304347826086956, "one_week_change_label": "+1.6%", "relative_strength": -9.933752, "fair_value_gap_label": "-25.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "55.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 83.1, "confidence_label": "83/100", "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 75% / P 25%", "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": "0/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 6 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": 43.3, "score_label": "43/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+82"}, {"label": "1W price", "value": "+1.6%"}, {"label": "Call premium", "value": "75%"}, {"label": "Put premium", "value": "25%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 18, "open_interest": 945, "premium": 808.0, "premium_label": "$808", "premium_share": 42.45927482921702, "weighted_strike": 5.138888888888889, "avg_iv": 1.2675817866666668, "max_voi": 1.0, "why": "calls cluster with 18 contracts traded, $808 estimated gross traded notional, and 42% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 208, "premium": 517.5, "premium_label": "$518", "premium_share": 27.19390436153442, "weighted_strike": 2.5, "avg_iv": 3.0781273, "max_voi": 0.01442308, "why": "calls cluster with 3 contracts traded, $518 estimated gross traded notional, and 27% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 2, "open_interest": 108, "premium": 280.0, "premium_label": "$280", "premium_share": 14.713610089332633, "weighted_strike": 5.0, "avg_iv": 4.152345865, "max_voi": 0.01923077, "why": "puts cluster with 2 contracts traded, $280 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 303, "premium": 157.5, "premium_label": "$158", "premium_share": 8.276405675249606, "weighted_strike": 5.0, "avg_iv": 0.88574333, "max_voi": 0.003663, "why": "puts cluster with 1 contracts traded, $158 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 5, "open_interest": 333, "premium": 106.0, "premium_label": "$106", "premium_share": 5.570152390961639, "weighted_strike": 6.5, "avg_iv": 1.669923525, "max_voi": 0.01818182, "why": "calls cluster with 5 contracts traded, $106 estimated gross traded notional, and 6% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $1903 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/f3cae6a6-aa07-477b-a27c-1309caaf6272/", "research_links": {"chart": "/terminal/f3cae6a6-aa07-477b-a27c-1309caaf6272/", "report": "/terminal/f3cae6a6-aa07-477b-a27c-1309caaf6272/report/", "factor": "/factors/ticker/f3cae6a6-aa07-477b-a27c-1309caaf6272/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}