{"latest_run": null, "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PBT", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 46.7, "avg_conviction_label": "46.7", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "PBT", "leader_score": "47", "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": "46.70", "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": "PBT", "name": "Permian Basin Royalty Trust", "exchange": "NYSE", "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": 46.7, "options_pressure_score": 66.32, "trend_confirmation_score": 39.11, "speculation_score": 8.34, "volatility_score": 68.44, "edge_label": "Call-side pressure", "insight": "PBT shows bullish options pressure with a 47/100 conviction score, put-call volume ratio of 0.28, expected move of 11.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T13:01:03.769706+00:00", "snapshot": {"fetched_at": "2026-07-31T13:01:03.769706+00:00", "underlying_price": 29.23, "total_contracts": 76, "call_contracts": 38, "put_contracts": 38, "call_volume": 90, "put_volume": 25, "call_open_interest": 6683, "put_open_interest": 1226, "put_call_volume_ratio": 0.27777778, "put_call_open_interest_ratio": 0.18345055, "volume_open_interest_ratio": 0.0145404, "avg_implied_volatility": 0.4063325, "max_pain_strike": 25.0, "expected_move_percent": 11.28977078, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 29.23, "one_week_change": 2.9225352112676055, "one_week_change_label": "+2.9%", "relative_strength": 33.169608, "fair_value_gap_label": "+91.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "11.3%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 77.4, "confidence_label": "77/100", "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 43% / P 57%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "39/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "12 Aug", "detail": "Matched earnings event is 12 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": "Bullish flow confirms price", "tone": "positive", "score": 40.1, "score_label": "40/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+66"}, {"label": "1W price", "value": "+2.9%"}, {"label": "Call premium", "value": "43%"}, {"label": "Put premium", "value": "57%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 25, "open_interest": 4, "premium": 17000.0, "premium_label": "$17000", "premium_share": 57.0230607966457, "weighted_strike": 35.0, "avg_iv": 0.43438, "max_voi": 0.0, "why": "puts cluster with 25 contracts traded, $17000 estimated gross traded notional, and 57% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 20, "open_interest": 343, "premium": 5700.0, "premium_label": "$5700", "premium_share": 19.11949685534591, "weighted_strike": 32.5, "avg_iv": 0.39372833333333335, "max_voi": 0.08196721, "why": "calls cluster with 20 contracts traded, $5700 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 51, "open_interest": 4933, "premium": 2932.5, "premium_label": "$2932", "premium_share": 9.836477987421384, "weighted_strike": 35.0, "avg_iv": 0.45389, "max_voi": 0.01242993, "why": "calls cluster with 51 contracts traded, $2932 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 18, "open_interest": 63, "premium": 2610.0, "premium_label": "$2610", "premium_share": 8.754716981132075, "weighted_strike": 30.0, "avg_iv": 0.43438, "max_voi": 0.33962264, "why": "calls cluster with 18 contracts traded, $2610 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 321, "premium": 1570.0, "premium_label": "$1570", "premium_share": 5.266247379454927, "weighted_strike": 15.0, "avg_iv": 0.51154, "max_voi": 1.0, "why": "calls cluster with 1 contracts traded, $1570 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $29812 of estimated gross traded notional, puts \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/aec5dd31-6e42-45df-abfc-b9ffd5f5712a/", "research_links": {"chart": "/terminal/aec5dd31-6e42-45df-abfc-b9ffd5f5712a/", "report": "/terminal/aec5dd31-6e42-45df-abfc-b9ffd5f5712a/report/", "factor": "/factors/ticker/aec5dd31-6e42-45df-abfc-b9ffd5f5712a/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}