{"latest_run": null, "coverage_count": 6093, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "QQQ", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 43.82, "avg_conviction_label": "43.8", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "QQQ", "leader_score": "44", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [], "directions": [{"direction": "mixed", "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": "QQQ", "name": "Invesco QQQ Trust Series 1", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 43.82, "options_pressure_score": -15.09, "trend_confirmation_score": 71.91, "speculation_score": 73.46, "volatility_score": 26.21, "edge_label": "Options-market disagreement", "insight": "QQQ shows mixed options pressure with a 44/100 conviction score, put-call volume ratio of 1.17, expected move of 1.9%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-04T09:31:41.002059+00:00", "snapshot": {"fetched_at": "2026-08-04T09:31:41.002059+00:00", "underlying_price": 687.99, "total_contracts": 2000, "call_contracts": 1000, "put_contracts": 1000, "call_volume": 685567, "put_volume": 801361, "call_open_interest": 395203, "put_open_interest": 635720, "put_call_volume_ratio": 1.16890253, "put_call_open_interest_ratio": 1.60859103, "volume_open_interest_ratio": 1.44232692, "avg_implied_volatility": 0.26609, "max_pain_strike": 681.0, "expected_move_percent": 1.8968299, "nearest_expiration": "2026-08-04"}, "market": {"latest_close": 687.99, "one_week_change": 0.5495228212735483, "one_week_change_label": "+0.5%", "relative_strength": 0.0, "fair_value_gap_label": "+33.6%", "trend_signal": "1"}, "premium_flags": [{"label": "Fresh flow", "value": "1.44", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Pin watch", "value": "+1.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "72", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "directional-flow-confirmation-needed", "label": "Directional flow, confirmation needed", "tone": "neutral", "confidence": 32.4, "confidence_label": "32/100", "summary": "There is useful activity, but aggregate chain data does not isolate participant intent.", "evidence": [{"label": "Notional split", "value": "C 70% / P 30%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "1.44", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "72/100", "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": "No clean flow/price divergence", "tone": "neutral", "score": 21.7, "score_label": "22/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-15"}, {"label": "1W price", "value": "+0.5%"}, {"label": "Call premium", "value": "70%"}, {"label": "Put premium", "value": "30%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 0-7 days \u00b7 ATM", "tone": "positive", "volume": 398689, "open_interest": 144816, "premium": 241703754.5, "premium_label": "$241.7M", "premium_share": 63.754001081717405, "weighted_strike": 698.0820940632924, "avg_iv": 0.23524623529411764, "max_voi": 55.50596659, "why": "calls cluster with 398689 contracts traded, $241.7M estimated gross traded notional, and 64% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 562002, "open_interest": 121617, "premium": 108201293.0, "premium_label": "$108.2M", "premium_share": 28.54016630910556, "weighted_strike": 690.5973199383632, "avg_iv": 0.2491945045045045, "max_voi": 973.96153846, "why": "puts cluster with 562002 contracts traded, $108.2M estimated gross traded notional, and 29% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 240836, "open_interest": 106979, "premium": 23220663.5, "premium_label": "$23.2M", "premium_share": 6.124895366063484, "weighted_strike": 713.4687961932601, "avg_iv": 0.20921032258064517, "max_voi": 77.875, "why": "calls cluster with 240836 contracts traded, $23.2M estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ITM", "tone": "negative", "volume": 2096, "open_interest": 10, "premium": 3178584.0, "premium_label": "$3.2M", "premium_share": 0.83841249464054, "weighted_strike": 715.0, "avg_iv": 0.20024, "max_voi": 209.6, "why": "puts cluster with 2096 contracts traded, $3.2M estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 OTM", "tone": "negative", "volume": 174053, "open_interest": 267990, "premium": 2815055.0, "premium_label": "$2.8M", "premium_share": 0.7425247484730072, "weighted_strike": 626.1056747082785, "avg_iv": 0.43038163934426227, "max_voi": 1750.25, "why": "puts cluster with 174053 contracts traded, $2.8M estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Directional flow, confirmation needed matters because it connects the options headline to the actual evidence: $379.1M of estimated gross traded notional, calls \u00b7 0-7 days \u00b7 atm, and a no clean flow/price divergence 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/38c7c6dc-0546-4e0c-8bc9-4a3e0281634a/", "research_links": {"chart": "/terminal/38c7c6dc-0546-4e0c-8bc9-4a3e0281634a/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}