{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ONON", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 52.23, "avg_conviction_label": "52.2", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "ONON", "leader_score": "52", "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": "Consumer Cyclical", "count": 1, "avg_score": "52.23", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "ONON", "name": "On Holding Ltd", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Footwear & Accessories", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/footwear-accessories/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 52.23, "options_pressure_score": -32.23, "trend_confirmation_score": 99.48, "speculation_score": 25.25, "volatility_score": 72.78, "edge_label": "Volatility expansion watch", "insight": "ONON shows volatility options pressure with a 52/100 conviction score, put-call volume ratio of 1.98, expected move of 4.9%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T14:01:10.580685+00:00", "snapshot": {"fetched_at": "2026-07-30T14:01:10.580685+00:00", "underlying_price": 35.82, "total_contracts": 454, "call_contracts": 242, "put_contracts": 212, "call_volume": 4536, "put_volume": 8993, "call_open_interest": 129472, "put_open_interest": 121814, "put_call_volume_ratio": 1.98258377, "put_call_open_interest_ratio": 0.94085208, "volume_open_interest_ratio": 0.05383905, "avg_implied_volatility": 0.75976872, "max_pain_strike": 38.0, "expected_move_percent": 4.89949749, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 35.82, "one_week_change": -3.7096774193548385, "one_week_change_label": "-3.7%", "relative_strength": -20.465064, "fair_value_gap_label": "-13.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "99", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 81.3, "confidence_label": "81/100", "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 36% / P 64%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.05", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "99/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "11 Aug", "detail": "Matched earnings event is 11 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": 30.2, "score_label": "30/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-32"}, {"label": "1W price", "value": "-3.7%"}, {"label": "Call premium", "value": "36%"}, {"label": "Put premium", "value": "64%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 991, "open_interest": 19137, "premium": 857009.0, "premium_label": "$857009", "premium_share": 22.472850289252964, "weighted_strike": 40.708879919273464, "avg_iv": 0.384436087, "max_voi": 1.0, "why": "puts cluster with 991 contracts traded, $857009 estimated gross traded notional, and 22% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 4075, "open_interest": 37148, "premium": 804085.5, "premium_label": "$804086", "premium_share": 21.085068022925213, "weighted_strike": 29.766871165644172, "avg_iv": 0.5651654806666667, "max_voi": 0.60714286, "why": "puts cluster with 4075 contracts traded, $804086 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2340, "open_interest": 68173, "premium": 654330.5, "premium_label": "$654330", "premium_share": 17.158129455107282, "weighted_strike": 68.62820512820512, "avg_iv": 0.528971780877193, "max_voi": 0.9787234, "why": "calls cluster with 2340 contracts traded, $654330 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 2552, "open_interest": 2644, "premium": 630311.5, "premium_label": "$630312", "premium_share": 16.528293139388815, "weighted_strike": 38.01978840125392, "avg_iv": 0.812747877, "max_voi": 1.004, "why": "puts cluster with 2552 contracts traded, $630312 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 313, "open_interest": 1254, "premium": 303355.0, "premium_label": "$303355", "premium_share": 7.954702342094812, "weighted_strike": 28.01916932907348, "avg_iv": 0.927492695, "max_voi": 0.8630137, "why": "calls cluster with 313 contracts traded, $303355 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $3.8M of estimated gross traded notional, puts \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/d141a208-55a3-4450-8a77-88ca16ab32a5/", "research_links": {"chart": "/terminal/d141a208-55a3-4450-8a77-88ca16ab32a5/", "report": "/terminal/d141a208-55a3-4450-8a77-88ca16ab32a5/report/", "factor": "/factors/ticker/d141a208-55a3-4450-8a77-88ca16ab32a5/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}