{"latest_run": null, "coverage_count": 6119, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SBSW", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 44.46, "avg_conviction_label": "44.5", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "SBSW", "leader_score": "44", "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": "Basic Materials", "count": 1, "avg_score": "44.46", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "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": "SBSW", "name": "Sibanye Gold Ltd ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Other Precious Metals & Mining", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/other-precious-metals-mining/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 44.46, "options_pressure_score": 69.49, "trend_confirmation_score": 0.0, "speculation_score": 34.17, "volatility_score": 77.58, "edge_label": "Call-side pressure", "insight": "SBSW shows bullish options pressure with a 44/100 conviction score, put-call volume ratio of 0.24, expected move of 17.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T10:02:18.166749+00:00", "snapshot": {"fetched_at": "2026-07-31T10:02:18.166749+00:00", "underlying_price": 8.36, "total_contracts": 198, "call_contracts": 99, "put_contracts": 99, "call_volume": 3840, "put_volume": 926, "call_open_interest": 149401, "put_open_interest": 45459, "put_call_volume_ratio": 0.24114583, "put_call_open_interest_ratio": 0.30427507, "volume_open_interest_ratio": 0.02445859, "avg_implied_volatility": 0.5368175, "max_pain_strike": 9.0, "expected_move_percent": 17.34449761, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 8.36, "one_week_change": 4.5, "one_week_change_label": "+4.5%", "relative_strength": -34.003601, "fair_value_gap_label": "+17.6%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "17.3%", "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": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 77.0, "confidence_label": "77/100", "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 79% / P 21%", "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": "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.", "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": 50.9, "score_label": "51/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+69"}, {"label": "1W price", "value": "+4.5%"}, {"label": "Call premium", "value": "79%"}, {"label": "Put premium", "value": "21%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2642, "open_interest": 100488, "premium": 239170.0, "premium_label": "$239170", "premium_share": 55.20770696542276, "weighted_strike": 13.040499621498865, "avg_iv": 0.6331554166666666, "max_voi": 0.21047263, "why": "calls cluster with 2642 contracts traded, $239170 estimated gross traded notional, and 55% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 124, "open_interest": 18749, "premium": 53380.0, "premium_label": "$53380", "premium_share": 12.321726796062496, "weighted_strike": 5.306451612903226, "avg_iv": 0.13143631578947368, "max_voi": 0.1742671, "why": "calls cluster with 124 contracts traded, $53380 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 260, "open_interest": 10807, "premium": 53185.0, "premium_label": "$53185", "premium_share": 12.276714867901532, "weighted_strike": 10.01923076923077, "avg_iv": 0.9213591666666666, "max_voi": 0.11006826, "why": "puts cluster with 260 contracts traded, $53185 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 226, "open_interest": 6978, "premium": 21905.0, "premium_label": "$21905", "premium_share": 5.056339930081472, "weighted_strike": 9.079646017699115, "avg_iv": 1.1700437037037037, "max_voi": 0.26829268, "why": "puts cluster with 226 contracts traded, $21905 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 67, "open_interest": 1870, "premium": 19600.0, "premium_label": "$19600", "premium_share": 4.524275856178811, "weighted_strike": 6.253731343283582, "avg_iv": 0.25633666666666666, "max_voi": 0.20491803, "why": "calls cluster with 67 contracts traded, $19600 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $433218 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/06a19047-40f5-4ef9-aca5-b6d7a515d598/", "research_links": {"chart": "/terminal/06a19047-40f5-4ef9-aca5-b6d7a515d598/", "report": "/terminal/06a19047-40f5-4ef9-aca5-b6d7a515d598/report/", "factor": "/factors/ticker/06a19047-40f5-4ef9-aca5-b6d7a515d598/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}