{"latest_run": null, "coverage_count": 6118, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SBU", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 59.66, "avg_conviction_label": "59.7", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "SBU", "leader_score": "60", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [], "directions": [{"direction": "volatility", "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": "SBU", "name": "Leverage Shares 2X Long SBUX Daily ETF", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 59.66, "options_pressure_score": 69.5, "trend_confirmation_score": 46.41, "speculation_score": 40.0, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "SBU shows volatility options pressure with a 60/100 conviction score, put-call volume ratio of 0.25, expected move of 27.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-03T12:59:29.987396+00:00", "snapshot": {"fetched_at": "2026-08-03T12:59:29.987396+00:00", "underlying_price": 19.8698, "total_contracts": 20, "call_contracts": 17, "put_contracts": 3, "call_volume": 24, "put_volume": 6, "call_open_interest": 24, "put_open_interest": 5, "put_call_volume_ratio": 0.25, "put_call_open_interest_ratio": 0.20833333, "volume_open_interest_ratio": 1.03448276, "avg_implied_volatility": 1.54321686, "max_pain_strike": 18.0, "expected_move_percent": 27.80601717, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 19.8698, "one_week_change": -0.32856290098468544, "one_week_change_label": "-0.3%", "relative_strength": null, "fair_value_gap_label": "+8.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Fresh flow", "value": "1.03", "detail": "Volume/open-interest participation is elevated versus normal chain activity."}, {"label": "Priced move", "value": "27.8%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 90% / P 10%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "1.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "46/100", "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": "Volatility flow versus price", "tone": "warning", "score": 39.5, "score_label": "39/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+70"}, {"label": "1W price", "value": "-0.3%"}, {"label": "Call premium", "value": "90%"}, {"label": "Put premium", "value": "10%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 9, "open_interest": 6, "premium": 6227.5, "premium_label": "$6,228", "premium_share": 53.37475894578959, "weighted_strike": 14.11111111111111, "avg_iv": 2.294142572, "max_voi": 1.0, "why": "calls cluster with 9 contracts traded, $6,228 estimated gross traded notional, and 53% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 10, "open_interest": 4, "premium": 3695.0, "premium_label": "$3,695", "premium_share": 31.669166488107994, "weighted_strike": 17.6, "avg_iv": 0.154793608, "max_voi": 1.25, "why": "calls cluster with 10 contracts traded, $3,695 estimated gross traded notional, and 32% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 6, "open_interest": 4, "premium": 1155.0, "premium_label": "$1,155", "premium_share": 9.899292907649453, "weighted_strike": 15.0, "avg_iv": 1.034184515, "max_voi": 2.0, "why": "puts cluster with 6 contracts traded, $1,155 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 3, "premium": 320.0, "premium_label": "$320", "premium_share": 2.7426612384829654, "weighted_strike": 24.0, "avg_iv": 0.33138689666666665, "max_voi": 1.0, "why": "calls cluster with 2 contracts traded, $320 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 2, "open_interest": 3, "premium": 180.0, "premium_label": "$180", "premium_share": 1.5427469466466681, "weighted_strike": 21.0, "avg_iv": 0.06250938, "max_voi": 0.66666667, "why": "calls cluster with 2 contracts traded, $180 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $11,668 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 itm, and a volatility flow versus 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/d587eff4-37c2-4516-a3f5-8a0c6db81229/", "research_links": {"chart": "/terminal/d587eff4-37c2-4516-a3f5-8a0c6db81229/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}