{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "PEGA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.62, "avg_conviction_label": "38.6", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "PEGA", "leader_score": "39", "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": "Technology", "count": 1, "avg_score": "38.62", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "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": 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": "PEGA", "name": "Pegasystems Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Software - Application", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/software-application/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 38.62, "options_pressure_score": 57.37, "trend_confirmation_score": 2.52, "speculation_score": 23.77, "volatility_score": 86.35, "edge_label": "Call-side pressure", "insight": "PEGA shows bullish options pressure with a 39/100 conviction score, put-call volume ratio of 0.33, expected move of 7.9%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-13T23:33:23.709923+00:00", "snapshot": {"fetched_at": "2026-08-13T23:33:23.709923+00:00", "underlying_price": 32.74, "total_contracts": 191, "call_contracts": 107, "put_contracts": 84, "call_volume": 1004, "put_volume": 329, "call_open_interest": 8811, "put_open_interest": 3867, "put_call_volume_ratio": 0.32768924, "put_call_open_interest_ratio": 0.43888321, "volume_open_interest_ratio": 0.10514277, "avg_implied_volatility": 0.78418283, "max_pain_strike": 30.0, "expected_move_percent": 7.86499695, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 32.74, "one_week_change": 7.168576104746317, "one_week_change_label": "+7.2%", "relative_strength": -39.1345, "fair_value_gap_label": "-16.3%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.9%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "3", "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": 65.2, "confidence_label": "65/100", "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 55% / P 45%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.11", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "3/100", "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.", "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": 51.6, "score_label": "52/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+57"}, {"label": "1W price", "value": "+7.2%"}, {"label": "Call premium", "value": "55%"}, {"label": "Put premium", "value": "45%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 114, "open_interest": 661, "premium": 204335.0, "premium_label": "$204,335", "premium_share": 37.38243381442243, "weighted_strike": 54.53947368421053, "avg_iv": 0.3811347441025641, "max_voi": 2.66666667, "why": "puts cluster with 114 contracts traded, $204,335 estimated gross traded notional, and 37% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 92, "open_interest": 386, "premium": 120050.0, "premium_label": "$120,050", "premium_share": 21.962763008889386, "weighted_strike": 22.934782608695652, "avg_iv": 0.6688875885, "max_voi": 2.0, "why": "calls cluster with 92 contracts traded, $120,050 estimated gross traded notional, and 22% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 299, "open_interest": 3883, "premium": 80220.5, "premium_label": "$80,220", "premium_share": 14.676083548143364, "weighted_strike": 62.66722408026756, "avg_iv": 1.1002528238709677, "max_voi": 1.14285714, "why": "calls cluster with 299 contracts traded, $80,220 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 31, "open_interest": 163, "premium": 48710.0, "premium_label": "$48,710", "premium_share": 8.91133849365266, "weighted_strike": 17.903225806451612, "avg_iv": 0.703032538, "max_voi": 1.0, "why": "calls cluster with 31 contracts traded, $48,710 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 479, "open_interest": 1052, "premium": 38217.0, "premium_label": "$38,217", "premium_share": 6.991677750193467, "weighted_strike": 54.85386221294363, "avg_iv": 0.7577279636363636, "max_voi": 0.87258687, "why": "calls cluster with 479 contracts traded, $38,217 estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $546,607 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/4cd2db37-de7e-4e69-89f3-6a97ace4002b/", "research_links": {"chart": "/terminal/4cd2db37-de7e-4e69-89f3-6a97ace4002b/", "report": "/terminal/4cd2db37-de7e-4e69-89f3-6a97ace4002b/report/", "factor": "/factors/ticker/4cd2db37-de7e-4e69-89f3-6a97ace4002b/", "insider": "/insider-activity/company/pega/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}