{"latest_run": "2026-08-03T20:50:00.024052+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "OILK", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 49.9, "avg_conviction_label": "49.9", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "OILK", "leader_score": "50", "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": [], "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": "OILK", "name": "PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF", "exchange": "CBOE", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 49.9, "options_pressure_score": 42.05, "trend_confirmation_score": 54.13, "speculation_score": 47.98, "volatility_score": 76.06, "edge_label": "Volatility expansion watch", "insight": "OILK shows volatility options pressure with a 50/100 conviction score, put-call volume ratio of 0.49, expected move of 7.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-03T20:29:28.049191+00:00", "snapshot": {"fetched_at": "2026-08-03T20:29:28.049191+00:00", "underlying_price": 52.73, "total_contracts": 119, "call_contracts": 74, "put_contracts": 45, "call_volume": 689, "put_volume": 337, "call_open_interest": 2200, "put_open_interest": 781, "put_call_volume_ratio": 0.48911466, "put_call_open_interest_ratio": 0.355, "volume_open_interest_ratio": 0.34417981, "avg_implied_volatility": 0.63959186, "max_pain_strike": 51.0, "expected_move_percent": 7.82287123, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 52.73, "one_week_change": -3.8300200620098486, "one_week_change_label": "-3.8%", "relative_strength": 12.609972, "fair_value_gap_label": "+30.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.8%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 87.5, "confidence_label": "87/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 62% / P 38%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.34", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "54/100", "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": "Volatility flow versus price", "tone": "warning", "score": 39.0, "score_label": "39/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+42"}, {"label": "1W price", "value": "-3.8%"}, {"label": "Call premium", "value": "62%"}, {"label": "Put premium", "value": "38%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 376, "open_interest": 812, "premium": 162762.0, "premium_label": "$162,762", "premium_share": 40.771839820441784, "weighted_strike": 48.27925531914894, "avg_iv": 0.3826588475, "max_voi": 6.0, "why": "calls cluster with 376 contracts traded, $162,762 estimated gross traded notional, and 41% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 92, "open_interest": 122, "premium": 53850.0, "premium_label": "$53,850", "premium_share": 13.48941137569451, "weighted_strike": 46.19565217391305, "avg_iv": 1.6939168546666667, "max_voi": 1.8, "why": "calls cluster with 92 contracts traded, $53,850 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 29, "open_interest": 118, "premium": 52320.0, "premium_label": "$52,320", "premium_share": 13.10614676279177, "weighted_strike": 65.55172413793103, "avg_iv": 0.46444801785714285, "max_voi": 2.0, "why": "puts cluster with 29 contracts traded, $52,320 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 159, "open_interest": 286, "premium": 37053.0, "premium_label": "$37,053", "premium_share": 9.281767125415204, "weighted_strike": 49.509433962264154, "avg_iv": 0.8153286435714285, "max_voi": 1.0, "why": "puts cluster with 159 contracts traded, $37,053 estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 38, "open_interest": 63, "premium": 29470.0, "premium_label": "$29,470", "premium_share": 7.38222754395018, "weighted_strike": 57.76315789473684, "avg_iv": 0.21647919, "max_voi": 0.45, "why": "puts cluster with 38 contracts traded, $29,470 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $399,202 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, 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/bbf70324-f06e-4447-9929-0aa7edd4435e/", "research_links": {"chart": "/terminal/bbf70324-f06e-4447-9929-0aa7edd4435e/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}