{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "RWT", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 42.78, "avg_conviction_label": "42.8", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "RWT", "leader_score": "43", "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": "Real Estate", "count": 1, "avg_score": "42.78", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "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": "RWT", "name": "Redwood Trust Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Mortgage", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-mortgage/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 42.78, "options_pressure_score": 77.0, "trend_confirmation_score": 0.0, "speculation_score": 8.09, "volatility_score": 86.63, "edge_label": "Call-side pressure", "insight": "RWT shows bullish options pressure with a 43/100 conviction score, put-call volume ratio of 0.06, expected move of 12.4%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-01T17:29:17.548147+00:00", "snapshot": {"fetched_at": "2026-08-01T17:29:17.548147+00:00", "underlying_price": 4.57, "total_contracts": 86, "call_contracts": 43, "put_contracts": 43, "call_volume": 32, "put_volume": 2, "call_open_interest": 2863, "put_open_interest": 5543, "put_call_volume_ratio": 0.0625, "put_call_open_interest_ratio": 1.93608103, "volume_open_interest_ratio": 0.00404473, "avg_implied_volatility": 0.66608125, "max_pain_strike": 5.0, "expected_move_percent": 12.36323851, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 4.57, "one_week_change": -7.1138211382113825, "one_week_change_label": "-7.1%", "relative_strength": -21.595195, "fair_value_gap_label": "-15.5%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "12.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "call-activity-against-legacy-put-oi", "label": "Call activity against legacy put OI", "tone": "positive", "confidence": 60.4, "confidence_label": "60/100", "summary": "Call activity is dominant while put open interest remains large but current put volume is not leading.", "evidence": [{"label": "Notional split", "value": "C 99% / P 1%", "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": "0/100", "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.", "Do not infer a hedge unwind without next-session open-interest changes and opening/closing data."]}, "flow_divergence": {"label": "Bullish flow against weak price", "tone": "warning", "score": 57.4, "score_label": "57/100", "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": "+77"}, {"label": "1W price", "value": "-7.1%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 21, "open_interest": 66, "premium": 6180.0, "premium_label": "$6180", "premium_share": 75.43024533138045, "weighted_strike": 1.6666666666666667, "avg_iv": 1.0050975, "max_voi": 1.0, "why": "calls cluster with 21 contracts traded, $6180 estimated gross traded notional, and 75% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 7, "open_interest": 118, "premium": 1915.0, "premium_label": "$1915", "premium_share": 23.373611619675334, "weighted_strike": 1.8571428571428572, "avg_iv": 1.4343575, "max_voi": 0.22222222, "why": "calls cluster with 7 contracts traded, $1915 estimated gross traded notional, and 23% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 754, "premium": 47.5, "premium_label": "$48", "premium_share": 0.5797632124984743, "weighted_strike": 5.0, "avg_iv": 0.18560666666666667, "max_voi": 0.00298507, "why": "puts cluster with 1 contracts traded, $48 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 1839, "premium": 26.0, "premium_label": "$26", "premium_share": 0.3173440742096912, "weighted_strike": 5.0, "avg_iv": 0.613888, "max_voi": 0.02380952, "why": "calls cluster with 2 contracts traded, $26 estimated gross traded notional, and 0% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 1, "open_interest": 394, "premium": 17.5, "premium_label": "$18", "premium_share": 0.2135969730257537, "weighted_strike": 5.0, "avg_iv": 0.34983, "max_voi": 0.00724638, "why": "calls cluster with 1 contracts traded, $18 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $8193 of estimated gross traded notional, calls \u00b7 46-90 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/31ac43e1-3a03-4afa-ac5c-ec896d9c2e67/", "research_links": {"chart": "/terminal/31ac43e1-3a03-4afa-ac5c-ec896d9c2e67/", "report": "/terminal/31ac43e1-3a03-4afa-ac5c-ec896d9c2e67/report/", "factor": "/factors/ticker/31ac43e1-3a03-4afa-ac5c-ec896d9c2e67/", "insider": "/insider-activity/company/rwt/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}