{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SHOP", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 34.69, "avg_conviction_label": "34.7", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "SHOP", "leader_score": "35", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Technology", "count": 1, "avg_score": "34.69", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "SHOP", "name": "Shopify Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Software - Application", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/software-application/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 34.69, "options_pressure_score": 10.3, "trend_confirmation_score": 45.49, "speculation_score": 40.65, "volatility_score": 96.0, "edge_label": "Options-market disagreement", "insight": "SHOP shows mixed options pressure with a 35/100 conviction score, put-call volume ratio of 0.93, expected move of 12.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T09:56:22.388855+00:00", "snapshot": {"fetched_at": "2026-08-02T09:56:22.388855+00:00", "underlying_price": 117.15, "total_contracts": 1580, "call_contracts": 790, "put_contracts": 790, "call_volume": 10725, "put_volume": 9922, "call_open_interest": 503009, "put_open_interest": 234444, "put_call_volume_ratio": 0.92512821, "put_call_open_interest_ratio": 0.46608311, "volume_open_interest_ratio": 0.02799772, "avg_implied_volatility": 1.133145, "max_pain_strike": 124.0, "expected_move_percent": 12.50533504, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 117.15, "one_week_change": 2.989010989010989, "one_week_change_label": "+3.0%", "relative_strength": -21.36667, "fair_value_gap_label": "+16.4%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "12.5%", "detail": "Options are pricing a wider near-term move."}], "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 38% / P 62%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "45/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "5 Aug", "detail": "Matched earnings event is 3 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": "No clean flow/price divergence", "tone": "neutral", "score": 20.9, "score_label": "21/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+10"}, {"label": "1W price", "value": "+3.0%"}, {"label": "Call premium", "value": "38%"}, {"label": "Put premium", "value": "62%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 933, "open_interest": 1792, "premium": 2792182.5, "premium_label": "$2.8M", "premium_share": 19.739424810114127, "weighted_strike": 144.63451232583066, "avg_iv": 0.7654286666666666, "max_voi": 44.0, "why": "puts cluster with 933 contracts traded, $2.8M estimated gross traded notional, and 20% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 894, "open_interest": 4469, "premium": 1105487.5, "premium_label": "$1.1M", "premium_share": 7.815279762254451, "weighted_strike": 118.92058165548099, "avg_iv": 0.6538875, "max_voi": 0.5043755, "why": "puts cluster with 894 contracts traded, $1.1M estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 1522, "open_interest": 324581, "premium": 912507.5, "premium_label": "$912508", "premium_share": 6.451001388668261, "weighted_strike": 141.11038107752955, "avg_iv": 0.6527247619047619, "max_voi": 1.04587156, "why": "calls cluster with 1522 contracts traded, $912508 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 3765, "open_interest": 12760, "premium": 892946.0, "premium_label": "$892946", "premium_share": 6.312710729507175, "weighted_strike": 137.07397078353253, "avg_iv": 1.1602771875, "max_voi": 4.33333333, "why": "calls cluster with 3765 contracts traded, $892946 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 903, "open_interest": 32467, "premium": 775249.0, "premium_label": "$775249", "premium_share": 5.480647967894708, "weighted_strike": 175.40974529346622, "avg_iv": 0.6213673333333334, "max_voi": 0.2804878, "why": "calls cluster with 903 contracts traded, $775249 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $14.1M of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 itm, and a no clean flow/price divergence 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/f44f9b97-1d1f-4838-aa5b-93a7130db2c1/", "research_links": {"chart": "/terminal/f44f9b97-1d1f-4838-aa5b-93a7130db2c1/", "report": "/terminal/f44f9b97-1d1f-4838-aa5b-93a7130db2c1/report/", "factor": "/factors/ticker/f44f9b97-1d1f-4838-aa5b-93a7130db2c1/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}