{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PAA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 54.88, "avg_conviction_label": "54.9", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "PAA", "leader_score": "55", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Energy", "count": 1, "avg_score": "54.88", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "PAA", "name": "Plains All American Pipeline LP", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Midstream", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-midstream/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 54.88, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 43.39, "volatility_score": 33.33, "edge_label": "Call-side pressure", "insight": "PAA shows bullish options pressure with a 55/100 conviction score, put-call volume ratio of 0.02, expected move of 3.0%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T12:57:08.096746+00:00", "snapshot": {"fetched_at": "2026-08-02T12:57:08.096746+00:00", "underlying_price": 24.57, "total_contracts": 582, "call_contracts": 291, "put_contracts": 291, "call_volume": 25246, "put_volume": 531, "call_open_interest": 157707, "put_open_interest": 18661, "put_call_volume_ratio": 0.02103303, "put_call_open_interest_ratio": 0.11832702, "volume_open_interest_ratio": 0.14615463, "avg_implied_volatility": 0.30755375, "max_pain_strike": 24.5, "expected_move_percent": 2.95075295, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 24.57, "one_week_change": 1.5752052980833333, "one_week_change_label": "+1.6%", "relative_strength": 17.230524, "fair_value_gap_label": "+50.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.3%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 78.9, "confidence_label": "79/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 99% / P 1%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.15", "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": "7 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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 57.5, "score_label": "58/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "+1.6%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 15025, "open_interest": 44844, "premium": 4294545.0, "premium_label": "$4.3M", "premium_share": 82.38284091502024, "weighted_strike": 22.158935108153077, "avg_iv": 0.06033808510638298, "max_voi": 1.95184194, "why": "calls cluster with 15025 contracts traded, $4.3M estimated gross traded notional, and 82% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 3837, "open_interest": 45105, "premium": 527707.5, "premium_label": "$527708", "premium_share": 10.123084755698926, "weighted_strike": 24.945269741985925, "avg_iv": 0.16121625, "max_voi": 1.25, "why": "calls cluster with 3837 contracts traded, $527708 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2516, "open_interest": 51902, "premium": 184510.0, "premium_label": "$184510", "premium_share": 3.5394804285972983, "weighted_strike": 26.309220985691574, "avg_iv": 0.1772164, "max_voi": 3.33110368, "why": "calls cluster with 2516 contracts traded, $184510 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 3069, "open_interest": 8009, "premium": 109970.0, "premium_label": "$109970", "premium_share": 2.109569469041488, "weighted_strike": 24.879276637341153, "avg_iv": 0.22137833333333334, "max_voi": 0.46533128, "why": "calls cluster with 3069 contracts traded, $109970 estimated gross traded notional, and 2% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 501, "open_interest": 6200, "premium": 32462.5, "premium_label": "$32462", "premium_share": 0.622732553321445, "weighted_strike": 24.776447105788424, "avg_iv": 0.19048, "max_voi": 0.34461538, "why": "calls cluster with 501 contracts traded, $32462 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $5.2M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bullish flow confirms 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/5461ebde-b1cf-4a76-a641-055ec87f9fb1/", "research_links": {"chart": "/terminal/5461ebde-b1cf-4a76-a641-055ec87f9fb1/", "report": "/terminal/5461ebde-b1cf-4a76-a641-055ec87f9fb1/report/", "factor": "/factors/ticker/5461ebde-b1cf-4a76-a641-055ec87f9fb1/", "insider": "/insider-activity/company/paa/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}