{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SGHC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 49.41, "avg_conviction_label": "49.4", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "SGHC", "leader_score": "49", "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": [{"ticker__sector": "Consumer Cyclical", "count": 1, "avg_score": "49.41", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "industry_url": "", "bar_width": 100.0}], "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": "SGHC", "name": "SGHC Limited", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Gambling", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/gambling/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 49.41, "options_pressure_score": -24.71, "trend_confirmation_score": 80.24, "speculation_score": 43.81, "volatility_score": 85.35, "edge_label": "Volatility expansion watch", "insight": "SGHC shows volatility options pressure with a 49/100 conviction score, put-call volume ratio of 2.11, expected move of 11.2%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-02T09:11:25.756651+00:00", "snapshot": {"fetched_at": "2026-08-02T09:11:25.756651+00:00", "underlying_price": 14.0, "total_contracts": 170, "call_contracts": 85, "put_contracts": 85, "call_volume": 3155, "put_volume": 6668, "call_open_interest": 55383, "put_open_interest": 4382, "put_call_volume_ratio": 2.11347068, "put_call_open_interest_ratio": 0.07912175, "volume_open_interest_ratio": 0.16436041, "avg_implied_volatility": 0.64778875, "max_pain_strike": 14.0, "expected_move_percent": 11.25, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 14.0, "one_week_change": -2.5069637883008355, "one_week_change_label": "-2.5%", "relative_strength": 10.112344, "fair_value_gap_label": "+97.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "4x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "11.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "80", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 88.9, "confidence_label": "89/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 45% / P 55%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.16", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "80/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 2 days away."}], "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": 26.5, "score_label": "27/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "-25"}, {"label": "1W price", "value": "-2.5%"}, {"label": "Call premium", "value": "45%"}, {"label": "Put premium", "value": "55%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 6565, "open_interest": 835, "premium": 492375.0, "premium_label": "$492375", "premium_share": 53.93939725907343, "weighted_strike": 14.0, "avg_iv": 0.57096, "max_voi": 7.86227545, "why": "puts cluster with 6565 contracts traded, $492375 estimated gross traded notional, and 54% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 2632, "open_interest": 20253, "premium": 368480.0, "premium_label": "$368480", "premium_share": 40.366771468948215, "weighted_strike": 14.0, "avg_iv": 0.53194, "max_voi": 0.13010381, "why": "calls cluster with 2632 contracts traded, $368480 estimated gross traded notional, and 40% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 410, "open_interest": 3087, "premium": 28982.5, "premium_label": "$28982", "premium_share": 3.1750161585399255, "weighted_strike": 15.863414634146341, "avg_iv": 0.530109375, "max_voi": 0.27856366, "why": "calls cluster with 410 contracts traded, $28982 estimated gross traded notional, and 3% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 58, "open_interest": 81, "premium": 7685.0, "premium_label": "$7685", "premium_share": 0.8418873174632736, "weighted_strike": 14.0, "avg_iv": 0.536815, "max_voi": 0.76315789, "why": "puts cluster with 58 contracts traded, $7685 estimated gross traded notional, and 1% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 92, "open_interest": 24477, "premium": 7590.0, "premium_label": "$7590", "premium_share": 0.8314801222571563, "weighted_strike": 14.0, "avg_iv": 0.60023, "max_voi": 0.00375863, "why": "calls cluster with 92 contracts traded, $7590 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $912830 of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 atm, 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/4f692ab2-751c-4070-8556-cc642e6c3f27/", "research_links": {"chart": "/terminal/4f692ab2-751c-4070-8556-cc642e6c3f27/", "report": "/terminal/4f692ab2-751c-4070-8556-cc642e6c3f27/report/", "factor": "/factors/ticker/4f692ab2-751c-4070-8556-cc642e6c3f27/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}