{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "RIO", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 54.4, "avg_conviction_label": "54.4", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "RIO", "leader_score": "54", "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": [{"ticker__sector": "Basic Materials", "count": 1, "avg_score": "54.40", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "industry_url": "", "bar_width": 100.0}], "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": 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": "RIO", "name": "Rio Tinto ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Other Industrial Metals & Mining", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/other-industrial-metals-mining/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 54.4, "options_pressure_score": -37.07, "trend_confirmation_score": 94.85, "speculation_score": 40.46, "volatility_score": 52.69, "edge_label": "Put-side pressure", "insight": "RIO shows bearish options pressure with a 54/100 conviction score, put-call volume ratio of 2.34, expected move of 6.7%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T21:25:39.341230+00:00", "snapshot": {"fetched_at": "2026-08-01T21:25:39.341230+00:00", "underlying_price": 96.85, "total_contracts": 540, "call_contracts": 270, "put_contracts": 270, "call_volume": 789, "put_volume": 1846, "call_open_interest": 76070, "put_open_interest": 56757, "put_call_volume_ratio": 2.33967047, "put_call_open_interest_ratio": 0.74611542, "volume_open_interest_ratio": 0.01983783, "avg_implied_volatility": 0.3721875, "max_pain_strike": 95.0, "expected_move_percent": 6.65978317, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 96.85, "one_week_change": 6.171892128919096, "one_week_change_label": "+6.2%", "relative_strength": 7.965198, "fair_value_gap_label": "+46.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Pin watch", "value": "+1.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "6.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "95", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 65.1, "confidence_label": "65/100", "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 75% / P 25%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "95/100", "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 against rising price", "tone": "warning", "score": 42.5, "score_label": "42/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-37"}, {"label": "1W price", "value": "+6.2%"}, {"label": "Call premium", "value": "75%"}, {"label": "Put premium", "value": "25%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 277, "open_interest": 11317, "premium": 602510.0, "premium_label": "$602510", "premium_share": 48.68925056163432, "weighted_strike": 78.06859205776173, "avg_iv": 0.1503135294117647, "max_voi": 2.65517241, "why": "calls cluster with 277 contracts traded, $602510 estimated gross traded notional, and 49% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 150, "open_interest": 9010, "premium": 220315.0, "premium_label": "$220315", "premium_share": 17.803807799848077, "weighted_strike": 82.76666666666667, "avg_iv": 0.08984473684210527, "max_voi": 13.4, "why": "calls cluster with 150 contracts traded, $220315 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 1291, "open_interest": 10593, "premium": 153547.5, "premium_label": "$153548", "premium_share": 12.40827986359155, "weighted_strike": 89.65917893106119, "avg_iv": 0.54727, "max_voi": 0.65711253, "why": "puts cluster with 1291 contracts traded, $153548 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 354, "open_interest": 17237, "premium": 73967.5, "premium_label": "$73968", "premium_share": 5.977364924926866, "weighted_strike": 87.71186440677967, "avg_iv": 0.5398486486486487, "max_voi": 0.25, "why": "puts cluster with 354 contracts traded, $73968 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 129, "open_interest": 18435, "premium": 48135.0, "premium_label": "$48135", "premium_share": 3.8898227013398414, "weighted_strike": 77.26744186046511, "avg_iv": 0.4507604938271605, "max_voi": 1.0, "why": "puts cluster with 129 contracts traded, $48135 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $1.2M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bearish flow against rising 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/116f3366-b2e2-4485-b950-b5e096a89d8e/", "research_links": {"chart": "/terminal/116f3366-b2e2-4485-b950-b5e096a89d8e/", "report": "/terminal/116f3366-b2e2-4485-b950-b5e096a89d8e/report/", "factor": "/factors/ticker/116f3366-b2e2-4485-b950-b5e096a89d8e/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}