{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PBI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 42.23, "avg_conviction_label": "42.2", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "PBI", "leader_score": "42", "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": "Industrials", "count": 1, "avg_score": "42.23", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": "PBI", "name": "Pitney Bowes Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Integrated Freight & Logistics", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/integrated-freight-logistics/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 42.23, "options_pressure_score": 31.9, "trend_confirmation_score": 72.58, "speculation_score": 16.11, "volatility_score": 64.18, "edge_label": "Call-side pressure", "insight": "PBI shows bullish options pressure with a 42/100 conviction score, put-call volume ratio of 0.63, expected move of 9.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T02:07:03.073049+00:00", "snapshot": {"fetched_at": "2026-08-02T02:07:03.073049+00:00", "underlying_price": 17.53, "total_contracts": 314, "call_contracts": 157, "put_contracts": 157, "call_volume": 230, "put_volume": 146, "call_open_interest": 65005, "put_open_interest": 13244, "put_call_volume_ratio": 0.63478261, "put_call_open_interest_ratio": 0.20373817, "volume_open_interest_ratio": 0.00480517, "avg_implied_volatility": 0.3953575, "max_pain_strike": 15.0, "expected_move_percent": 9.1272105, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 17.53, "one_week_change": -1.9574944071588367, "one_week_change_label": "-2.0%", "relative_strength": 31.06149, "fair_value_gap_label": "+112.7%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.1%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "73", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 65.4, "confidence_label": "65/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 67% / P 33%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.00", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "73/100", "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": "Bullish flow against weak price", "tone": "warning", "score": 23.1, "score_label": "23/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+32"}, {"label": "1W price", "value": "-2.0%"}, {"label": "Call premium", "value": "67%"}, {"label": "Put premium", "value": "33%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 83, "open_interest": 31092, "premium": 39335.0, "premium_label": "$39335", "premium_share": 57.01385667903525, "weighted_strike": 15.771084337349398, "avg_iv": 0.6132376470588236, "max_voi": 0.31578947, "why": "calls cluster with 83 contracts traded, $39335 estimated gross traded notional, and 57% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 74, "open_interest": 11518, "premium": 15825.0, "premium_label": "$15825", "premium_share": 22.93744202226345, "weighted_strike": 15.716216216216216, "avg_iv": 0.6233760784313725, "max_voi": 0.7, "why": "puts cluster with 74 contracts traded, $15825 estimated gross traded notional, and 23% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 22, "open_interest": 37, "premium": 3170.0, "premium_label": "$3170", "premium_share": 4.594735621521336, "weighted_strike": 18.181818181818183, "avg_iv": 0.5573891304347826, "max_voi": 0.5, "why": "puts cluster with 22 contracts traded, $3170 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 119, "open_interest": 1664, "premium": 2832.0, "premium_label": "$2832", "premium_share": 4.10482374768089, "weighted_strike": 21.88235294117647, "avg_iv": 0.5395266666666667, "max_voi": 1.4, "why": "calls cluster with 119 contracts traded, $2832 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 13, "open_interest": 1933, "premium": 1945.0, "premium_label": "$1945", "premium_share": 2.819167439703154, "weighted_strike": 16.307692307692307, "avg_iv": 0.919923076923077, "max_voi": 0.02912621, "why": "calls cluster with 13 contracts traded, $1945 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $68992 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bullish flow against weak 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/ccb0c9de-b8fc-464f-a7b1-d0ef3740d40b/", "research_links": {"chart": "/terminal/ccb0c9de-b8fc-464f-a7b1-d0ef3740d40b/", "report": "/terminal/ccb0c9de-b8fc-464f-a7b1-d0ef3740d40b/report/", "factor": "/factors/ticker/ccb0c9de-b8fc-464f-a7b1-d0ef3740d40b/", "insider": "/insider-activity/company/pbi/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}