{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SLS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 33.26, "avg_conviction_label": "33.3", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "SLS", "leader_score": "33", "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": "Healthcare", "count": 1, "avg_score": "33.26", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "SLS", "name": "Sellas Life Sciences Group Inc", "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": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 33.26, "options_pressure_score": -13.89, "trend_confirmation_score": 34.23, "speculation_score": 40.58, "volatility_score": 96.0, "edge_label": "Options-market disagreement", "insight": "SLS shows mixed options pressure with a 33/100 conviction score, put-call volume ratio of 1.53, expected move of 15.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T19:29:09.396209+00:00", "snapshot": {"fetched_at": "2026-07-30T19:29:09.396209+00:00", "underlying_price": 11.32, "total_contracts": 565, "call_contracts": 313, "put_contracts": 252, "call_volume": 9360, "put_volume": 14303, "call_open_interest": 667546, "put_open_interest": 278036, "put_call_volume_ratio": 1.52809829, "put_call_open_interest_ratio": 0.41650463, "volume_open_interest_ratio": 0.0250248, "avg_implied_volatility": 1.68750301, "max_pain_strike": 11.0, "expected_move_percent": 15.45936396, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 11.32, "one_week_change": -14.177407126611069, "one_week_change_label": "-14.2%", "relative_strength": 136.416897, "fair_value_gap_label": "+378.6%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "15.5%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 84.7, "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 22% / P 78%", "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": "34/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "11 Aug", "detail": "Matched earnings event is 11 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": 56.1, "score_label": "56/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-14"}, {"label": "1W price", "value": "-14.2%"}, {"label": "Call premium", "value": "22%"}, {"label": "Put premium", "value": "78%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 4435, "open_interest": 16670, "premium": 3993000.0, "premium_label": "$4.0M", "premium_share": 51.233383071928245, "weighted_strike": 16.122660653889515, "avg_iv": 2.3720255545, "max_voi": 2.0, "why": "puts cluster with 4435 contracts traded, $4.0M estimated gross traded notional, and 51% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 719, "open_interest": 3484, "premium": 1163270.0, "premium_label": "$1.2M", "premium_share": 14.925684329096411, "weighted_strike": 22.025034770514605, "avg_iv": 2.0346308266666666, "max_voi": 2.0, "why": "puts cluster with 719 contracts traded, $1.2M estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 665, "open_interest": 271932, "premium": 499145.0, "premium_label": "$499145", "premium_share": 6.404429499984379, "weighted_strike": 4.464661654135338, "avg_iv": 1.8964640447619048, "max_voi": 0.03706294, "why": "calls cluster with 665 contracts traded, $499145 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 5192, "open_interest": 85140, "premium": 397890.0, "premium_label": "$397890", "premium_share": 5.105246879661791, "weighted_strike": 3.936055469953775, "avg_iv": 2.9790324247368423, "max_voi": 1.11298932, "why": "puts cluster with 5192 contracts traded, $397890 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 1191, "open_interest": 49996, "premium": 242837.5, "premium_label": "$242838", "premium_share": 3.11579931423225, "weighted_strike": 17.988245172124266, "avg_iv": 2.3589796, "max_voi": 1.32142857, "why": "calls cluster with 1191 contracts traded, $242838 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $7.8M of estimated gross traded notional, puts \u00b7 46-90 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/5cf1d2ae-3cde-4a13-b8da-a4c46fac8d27/", "research_links": {"chart": "/terminal/5cf1d2ae-3cde-4a13-b8da-a4c46fac8d27/", "report": "/terminal/5cf1d2ae-3cde-4a13-b8da-a4c46fac8d27/report/", "factor": "/factors/ticker/5cf1d2ae-3cde-4a13-b8da-a4c46fac8d27/", "insider": "/insider-activity/company/sls/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}