{"latest_run": null, "coverage_count": 6093, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SPXC", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 34.61, "avg_conviction_label": "34.6", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "SPXC", "leader_score": "35", "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": "Industrials", "count": 1, "avg_score": "34.61", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": 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": "SPXC", "name": "SPX Corp", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Building Products & Equipment", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/building-products-equipment/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 34.61, "options_pressure_score": 21.82, "trend_confirmation_score": 67.14, "speculation_score": 8.4, "volatility_score": 61.38, "edge_label": "Call-side pressure", "insight": "SPXC shows bullish options pressure with a 35/100 conviction score, put-call volume ratio of 0.53, expected move of 7.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-06T09:54:38.276145+00:00", "snapshot": {"fetched_at": "2026-08-06T09:54:38.276145+00:00", "underlying_price": 219.62, "total_contracts": 266, "call_contracts": 133, "put_contracts": 133, "call_volume": 36, "put_volume": 19, "call_open_interest": 1143, "put_open_interest": 2009, "put_call_volume_ratio": 0.52777778, "put_call_open_interest_ratio": 1.75765529, "volume_open_interest_ratio": 0.01744924, "avg_implied_volatility": 0.45145375, "max_pain_strike": 220.0, "expected_move_percent": 7.44467717, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 219.62, "one_week_change": -0.2044803926023538, "one_week_change_label": "-0.2%", "relative_strength": -3.420838, "fair_value_gap_label": "+39.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-0.2%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "7.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "67", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "short-dated-otm-call-concentration", "label": "Short-dated OTM call concentration", "tone": "warning", "confidence": 66.9, "confidence_label": "67/100", "summary": "Call activity is concentrated in upside and shorter-dated contracts; trade direction remains unconfirmed without aggressor data.", "evidence": [{"label": "Notional split", "value": "C 82% / P 18%", "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": "67/100", "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": "Bullish flow before price confirmation", "tone": "positive", "score": 11.9, "score_label": "12/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+22"}, {"label": "1W price", "value": "-0.2%"}, {"label": "Call premium", "value": "82%"}, {"label": "Put premium", "value": "18%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 4, "open_interest": 70, "premium": 4680.0, "premium_label": "$4,680", "premium_share": 21.33819673999772, "weighted_strike": 210.0, "avg_iv": 0.6961633333333334, "max_voi": 0.66666667, "why": "calls cluster with 4 contracts traded, $4,680 estimated gross traded notional, and 21% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 24, "open_interest": 236, "premium": 4500.0, "premium_label": "$4,500", "premium_share": 20.517496865382423, "weighted_strike": 240.0, "avg_iv": 0.5402985714285714, "max_voi": 0.5, "why": "calls cluster with 24 contracts traded, $4,500 estimated gross traded notional, and 21% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 19, "open_interest": 443, "premium": 3957.5, "premium_label": "$3,958", "premium_share": 18.043998632166875, "weighted_strike": 197.3684210526316, "avg_iv": 0.4660875, "max_voi": 1.0, "why": "puts cluster with 19 contracts traded, $3,958 estimated gross traded notional, and 18% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 2, "open_interest": 112, "premium": 3280.0, "premium_label": "$3,280", "premium_share": 14.954975492989854, "weighted_strike": 210.0, "avg_iv": 0.6843161904761905, "max_voi": 0.03333333, "why": "calls cluster with 2 contracts traded, $3,280 estimated gross traded notional, and 15% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 1, "open_interest": 30, "premium": 3085.0, "premium_label": "$3,085", "premium_share": 14.065883962156617, "weighted_strike": 220.0, "avg_iv": 0.45877, "max_voi": 1.0, "why": "calls cluster with 1 contracts traded, $3,085 estimated gross traded notional, and 14% of visible notional."}], "why_this_matters": "Short-dated OTM call concentration matters because it connects the options headline to the actual evidence: $21,932 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 itm, 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/e20f590d-32ba-488e-a05b-fda6941b6efa/", "research_links": {"chart": "/terminal/e20f590d-32ba-488e-a05b-fda6941b6efa/", "report": "/terminal/e20f590d-32ba-488e-a05b-fda6941b6efa/report/", "factor": "/factors/ticker/e20f590d-32ba-488e-a05b-fda6941b6efa/", "insider": "/insider-activity/company/spxc/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}