{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SPG", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.89, "avg_conviction_label": "45.9", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "SPG", "leader_score": "46", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Real Estate", "count": 1, "avg_score": "45.89", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "SPG", "name": "Simon Property Group Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Retail", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-retail/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 45.89, "options_pressure_score": 57.07, "trend_confirmation_score": 39.33, "speculation_score": 35.73, "volatility_score": 38.37, "edge_label": "Call-side pressure", "insight": "SPG shows bullish options pressure with a 46/100 conviction score, put-call volume ratio of 0.25, expected move of 4.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T10:24:06.754346+00:00", "snapshot": {"fetched_at": "2026-08-01T10:24:06.754346+00:00", "underlying_price": 229.78, "total_contracts": 534, "call_contracts": 267, "put_contracts": 267, "call_volume": 818, "put_volume": 202, "call_open_interest": 19769, "put_open_interest": 25236, "put_call_volume_ratio": 0.24694377, "put_call_open_interest_ratio": 1.27654408, "volume_open_interest_ratio": 0.02266415, "avg_implied_volatility": 0.27341, "max_pain_strike": 230.0, "expected_move_percent": 4.80894769, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 229.78, "one_week_change": 0.47223436816790554, "one_week_change_label": "+0.5%", "relative_strength": 13.117508, "fair_value_gap_label": "+48.2%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-0.1%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 83.8, "confidence_label": "84/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 74% / P 26%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "39/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "3 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": "Bullish flow before price confirmation", "tone": "positive", "score": 33.5, "score_label": "34/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+57"}, {"label": "1W price", "value": "+0.5%"}, {"label": "Call premium", "value": "74%"}, {"label": "Put premium", "value": "26%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 160, "open_interest": 4491, "premium": 141662.5, "premium_label": "$141662", "premium_share": 31.065486143471944, "weighted_strike": 257.0, "avg_iv": 0.19786702702702702, "max_voi": 0.51612903, "why": "calls cluster with 160 contracts traded, $141662 estimated gross traded notional, and 31% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 127, "open_interest": 16366, "premium": 74710.0, "premium_label": "$74710", "premium_share": 16.38332282558044, "weighted_strike": 183.93700787401573, "avg_iv": 0.34613354545454544, "max_voi": 4.4, "why": "puts cluster with 127 contracts traded, $74710 estimated gross traded notional, and 16% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 12, "open_interest": 4761, "premium": 55880.0, "premium_label": "$55880", "premium_share": 12.254050053452483, "weighted_strike": 192.5, "avg_iv": 0.09385555555555555, "max_voi": 0.25, "why": "calls cluster with 12 contracts traded, $55880 estimated gross traded notional, and 12% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 442, "open_interest": 2120, "premium": 51722.5, "premium_label": "$51722", "premium_share": 11.342342589293057, "weighted_strike": 249.6153846153846, "avg_iv": 0.2417, "max_voi": 0.67891374, "why": "calls cluster with 442 contracts traded, $51722 estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 21, "open_interest": 1169, "premium": 43320.0, "premium_label": "$43320", "premium_share": 9.499739590471753, "weighted_strike": 230.0, "avg_iv": 0.204144, "max_voi": 0.16, "why": "calls cluster with 21 contracts traded, $43320 estimated gross traded notional, and 9% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $456012 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, and a bullish flow before price confirmation 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/2e1b37a6-9362-4d17-aabf-c2a2539365e7/", "research_links": {"chart": "/terminal/2e1b37a6-9362-4d17-aabf-c2a2539365e7/", "report": "/terminal/2e1b37a6-9362-4d17-aabf-c2a2539365e7/report/", "factor": "/factors/ticker/2e1b37a6-9362-4d17-aabf-c2a2539365e7/", "insider": "/insider-activity/company/spg/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}