{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SPGI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.72, "avg_conviction_label": "38.7", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "SPGI", "leader_score": "39", "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": "Financial Services", "count": 1, "avg_score": "38.72", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "SPGI", "name": "S&P Global Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Financial Data & Stock Exchanges", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/financial-data-stock-exchanges/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 38.72, "options_pressure_score": -11.71, "trend_confirmation_score": 82.17, "speculation_score": 42.03, "volatility_score": 31.92, "edge_label": "Options-market disagreement", "insight": "SPGI shows mixed options pressure with a 39/100 conviction score, put-call volume ratio of 1.13, expected move of 3.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T00:21:29.979887+00:00", "snapshot": {"fetched_at": "2026-08-02T00:21:29.979887+00:00", "underlying_price": 411.93, "total_contracts": 1326, "call_contracts": 663, "put_contracts": 663, "call_volume": 581, "put_volume": 655, "call_open_interest": 5693, "put_open_interest": 8406, "put_call_volume_ratio": 1.12736661, "put_call_open_interest_ratio": 1.47655015, "volume_open_interest_ratio": 0.08766579, "avg_implied_volatility": 0.2868225, "max_pain_strike": 440.0, "expected_move_percent": 2.96166824, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 411.93, "one_week_change": -3.3935272045028144, "one_week_change_label": "-3.4%", "relative_strength": -15.637142, "fair_value_gap_label": "-6.0%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "82", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 62.0, "confidence_label": "62/100", "summary": "Put-side activity dominates. This can reflect hedging or directional positioning, but the chain alone cannot distinguish buying from selling.", "evidence": [{"label": "Notional split", "value": "C 40% / P 60%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.09", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "82/100", "detail": "Agreement between options pressure and Sharemaestro market context."}], "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": 23.0, "score_label": "23/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-12"}, {"label": "1W price", "value": "-3.4%"}, {"label": "Call premium", "value": "40%"}, {"label": "Put premium", "value": "60%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 118, "open_interest": 1109, "premium": 256615.0, "premium_label": "$256615", "premium_share": 15.485265116862866, "weighted_strike": 367.3728813559322, "avg_iv": 0.3576518918918919, "max_voi": 4.0, "why": "puts cluster with 118 contracts traded, $256615 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 101, "open_interest": 384, "premium": 249820.0, "premium_label": "$249820", "premium_share": 15.075225265454792, "weighted_strike": 417.2277227722772, "avg_iv": 0.31975, "max_voi": 1.10769231, "why": "puts cluster with 101 contracts traded, $249820 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 221, "open_interest": 1170, "premium": 172585.0, "premium_label": "$172585", "premium_share": 10.41452947097316, "weighted_strike": 452.94117647058823, "avg_iv": 0.28094681818181816, "max_voi": 10.0, "why": "calls cluster with 221 contracts traded, $172585 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 78, "open_interest": 542, "premium": 156185.0, "premium_label": "$156185", "premium_share": 9.424882147486416, "weighted_strike": 419.4871794871795, "avg_iv": 0.29536, "max_voi": 0.98611111, "why": "calls cluster with 78 contracts traded, $156185 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 28, "open_interest": 46, "premium": 139025.0, "premium_label": "$139025", "premium_share": 8.38937311876492, "weighted_strike": 410.0, "avg_iv": 0.32121, "max_voi": 1.5, "why": "calls cluster with 28 contracts traded, $139025 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $1.7M of estimated gross traded notional, puts \u00b7 91+ days \u00b7 otm, 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/b3453e12-8097-4da2-a265-19c070912c4b/", "research_links": {"chart": "/terminal/b3453e12-8097-4da2-a265-19c070912c4b/", "report": "/terminal/b3453e12-8097-4da2-a265-19c070912c4b/report/", "factor": "/factors/ticker/b3453e12-8097-4da2-a265-19c070912c4b/", "insider": "/insider-activity/company/spgi/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}