{"latest_run": "2026-08-04T16:50:20.983070+00:00", "coverage_count": 6094, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "SSO", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 48.61, "avg_conviction_label": "48.6", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "SSO", "leader_score": "49", "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": [], "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": "SSO", "name": "PROSHARES TRUST PSHS ULT S&P 500", "exchange": "NYSEARCA", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 48.61, "options_pressure_score": 56.23, "trend_confirmation_score": 36.4, "speculation_score": 43.56, "volatility_score": 59.38, "edge_label": "Call-side pressure", "insight": "SSO shows bullish options pressure with a 49/100 conviction score, put-call volume ratio of 0.33, expected move of 5.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-04T16:11:46.303705+00:00", "snapshot": {"fetched_at": "2026-08-04T16:11:46.303705+00:00", "underlying_price": 66.99, "total_contracts": 570, "call_contracts": 293, "put_contracts": 277, "call_volume": 2923, "put_volume": 979, "call_open_interest": 17331, "put_open_interest": 8070, "put_call_volume_ratio": 0.33492987, "put_call_open_interest_ratio": 0.46563961, "volume_open_interest_ratio": 0.153616, "avg_implied_volatility": 0.53613745, "max_pain_strike": 67.0, "expected_move_percent": 5.46350202, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 66.99, "one_week_change": 2.0100502512562812, "one_week_change_label": "+2.0%", "relative_strength": 4.750472, "fair_value_gap_label": "+46.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "5x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-0.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 67.4, "confidence_label": "67/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 94% / P 6%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.15", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "36/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 39.2, "score_label": "39/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+56"}, {"label": "1W price", "value": "+2.0%"}, {"label": "Call premium", "value": "94%"}, {"label": "Put premium", "value": "6%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 983, "open_interest": 4516, "premium": 2412115.0, "premium_label": "$2.4M", "premium_share": 51.17254753415557, "weighted_strike": 43.79857578840285, "avg_iv": 0.202574113, "max_voi": 127.0, "why": "calls cluster with 983 contracts traded, $2.4M estimated gross traded notional, and 51% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 687, "open_interest": 3754, "premium": 1222508.0, "premium_label": "$1.2M", "premium_share": 25.93526790426056, "weighted_strike": 84.5414847161572, "avg_iv": 0.42687259804347827, "max_voi": 5.0, "why": "calls cluster with 687 contracts traded, $1.2M estimated gross traded notional, and 26% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 239, "open_interest": 34, "premium": 269235.0, "premium_label": "$269,235", "premium_share": 5.711767820090823, "weighted_strike": 58.84937238493724, "avg_iv": 0.6848447311111111, "max_voi": 13.0, "why": "calls cluster with 239 contracts traded, $269,235 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 184, "open_interest": 1011, "premium": 249210.0, "premium_label": "$249,210", "premium_share": 5.286941365145074, "weighted_strike": 56.619565217391305, "avg_iv": 0.4364244407142857, "max_voi": 1.09090909, "why": "calls cluster with 184 contracts traded, $249,210 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 116, "open_interest": 52, "premium": 126130.0, "premium_label": "$126,130", "premium_share": 2.675823259041564, "weighted_strike": 59.07327586206897, "avg_iv": 1.2478064975, "max_voi": 2.81818182, "why": "calls cluster with 116 contracts traded, $126,130 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $4.7M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a bullish flow confirms 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/5e9ffa3c-e0f6-420f-9fd8-ccd80729df5f/", "research_links": {"chart": "/terminal/5e9ffa3c-e0f6-420f-9fd8-ccd80729df5f/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}