{"latest_run": "2026-09-14T20:50:00.987483+00:00", "coverage_count": 6114, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PATX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.08, "avg_conviction_label": "38.1", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "PATX", "leader_score": "38", "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": [], "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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "PATX", "name": "Tradr 2X Long PATH Daily ETF", "exchange": "CBOE", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 38.08, "options_pressure_score": -30.3, "trend_confirmation_score": 52.33, "speculation_score": 9.75, "volatility_score": 96.0, "edge_label": "Put-side pressure", "insight": "PATX shows bearish options pressure with a 38/100 conviction score, put-call volume ratio of 2.00, expected move of 10.9%, and Sharemaestro trend signal active.", "fetched_at": "2026-09-15T01:04:36.654934+00:00", "snapshot": {"fetched_at": "2026-09-15T01:04:36.654934+00:00", "underlying_price": 10.78, "total_contracts": 200, "call_contracts": 100, "put_contracts": 100, "call_volume": 4, "put_volume": 8, "call_open_interest": 91, "put_open_interest": 68, "put_call_volume_ratio": 2.0, "put_call_open_interest_ratio": 0.74725275, "volume_open_interest_ratio": 0.0754717, "avg_implied_volatility": 1.03680375, "max_pain_strike": 11.0, "expected_move_percent": 10.85375772, "nearest_expiration": "2026-09-18"}, "market": {"latest_close": 10.78, "one_week_change": -20.38404726735598, "one_week_change_label": "-20.4%", "relative_strength": null, "fair_value_gap_label": "+2.5%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-2.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "10.9%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 58.4, "confidence_label": "58/100", "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 82% / P 18%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.08", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "52/100", "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 confirms price", "tone": "negative", "score": 76.5, "score_label": "77/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-30"}, {"label": "1W price", "value": "-20.4%"}, {"label": "Call premium", "value": "82%"}, {"label": "Put premium", "value": "18%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 2, "open_interest": 1, "premium": 1540.0, "premium_label": "$1,540", "premium_share": 58.113207547169814, "weighted_strike": 5.0, "avg_iv": 0.970464, "max_voi": 0.0, "why": "calls cluster with 2 contracts traded, $1,540 estimated gross traded notional, and 58% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 42, "premium": 645.0, "premium_label": "$645", "premium_share": 24.339622641509433, "weighted_strike": 12.0, "avg_iv": 1.2715076923076922, "max_voi": 0.125, "why": "calls cluster with 2 contracts traded, $645 estimated gross traded notional, and 24% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 6, "open_interest": 8, "premium": 402.5, "premium_label": "$402", "premium_share": 15.18867924528302, "weighted_strike": 9.833333333333334, "avg_iv": 1.0489983333333333, "max_voi": 1.0, "why": "puts cluster with 6 contracts traded, $402 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 10, "premium": 52.5, "premium_label": "$52", "premium_share": 1.9811320754716981, "weighted_strike": 12.0, "avg_iv": 3.053827, "max_voi": 0.11111111, "why": "puts cluster with 1 contracts traded, $52 estimated gross traded notional, and 2% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 37, "premium": 10.0, "premium_label": "$10", "premium_share": 0.37735849056603776, "weighted_strike": 10.0, "avg_iv": 4.057705, "max_voi": 0.03571429, "why": "puts cluster with 1 contracts traded, $10 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $2,650 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bearish 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/ce6d3abc-051e-4ca4-886f-99c03858b89e/", "research_links": {"chart": "/terminal/ce6d3abc-051e-4ca4-886f-99c03858b89e/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}