{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SION", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 53.61, "avg_conviction_label": "53.6", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "SION", "leader_score": "54", "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": "Healthcare", "count": 1, "avg_score": "53.61", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "SION", "name": "Sionna Therapeutics, Inc. Common Stock", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 53.61, "options_pressure_score": 81.94, "trend_confirmation_score": 15.61, "speculation_score": 25.16, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "SION shows volatility options pressure with a 54/100 conviction score, put-call volume ratio of 0.03, expected move of 68.7%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T02:04:29.199008+00:00", "snapshot": {"fetched_at": "2026-07-31T02:04:29.199008+00:00", "underlying_price": 45.7, "total_contracts": 104, "call_contracts": 52, "put_contracts": 52, "call_volume": 256, "put_volume": 8, "call_open_interest": 1683, "put_open_interest": 4642, "put_call_volume_ratio": 0.03125, "put_call_open_interest_ratio": 2.75816993, "volume_open_interest_ratio": 0.04173913, "avg_implied_volatility": 3.60137625, "max_pain_strike": 45.0, "expected_move_percent": 68.70897155, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 45.7, "one_week_change": -7.508601497672536, "one_week_change_label": "-7.5%", "relative_strength": 15.673636, "fair_value_gap_label": "+54.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+1.5%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "68.7%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "16", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 84.9, "confidence_label": "85/100", "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 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": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "16/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "10 Aug", "detail": "Matched earnings event is 10 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": 63.9, "score_label": "64/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+82"}, {"label": "1W price", "value": "-7.5%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 251, "open_interest": 633, "premium": 389050.0, "premium_label": "$389050", "premium_share": 96.71304899042316, "weighted_strike": 60.0, "avg_iv": 2.595303, "max_voi": 3.02409639, "why": "calls cluster with 251 contracts traded, $389050 estimated gross traded notional, and 97% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 5, "open_interest": 457, "premium": 7450.0, "premium_label": "$7450", "premium_share": 1.8519784474454506, "weighted_strike": 50.0, "avg_iv": 3.56601, "max_voi": 0.02793296, "why": "calls cluster with 5 contracts traded, $7450 estimated gross traded notional, and 2% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ATM", "tone": "negative", "volume": 2, "open_interest": 18, "premium": 3000.0, "premium_label": "$3000", "premium_share": 0.7457631331995103, "weighted_strike": 45.0, "avg_iv": 3.66357, "max_voi": 0.11111111, "why": "puts cluster with 2 contracts traded, $3000 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 5, "open_interest": 4014, "premium": 2635.0, "premium_label": "$2635", "premium_share": 0.6550286186602365, "weighted_strike": 24.5, "avg_iv": 2.5277085714285716, "max_voi": 0.5, "why": "puts cluster with 5 contracts traded, $2635 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 455, "premium": 137.5, "premium_label": "$138", "premium_share": 0.03418081027164422, "weighted_strike": 20.0, "avg_iv": 3.26358, "max_voi": 0.01, "why": "puts cluster with 1 contracts traded, $138 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $402272 of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 otm, 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/836e63da-349c-4861-ae9b-551873d9b2de/", "research_links": {"chart": "/terminal/836e63da-349c-4861-ae9b-551873d9b2de/", "report": "/terminal/836e63da-349c-4861-ae9b-551873d9b2de/report/", "factor": "/factors/ticker/836e63da-349c-4861-ae9b-551873d9b2de/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}