{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "STLD", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 44.47, "avg_conviction_label": "44.5", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "STLD", "leader_score": "44", "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": "Basic Materials", "count": 1, "avg_score": "44.47", "sector_label": "Basic Materials", "industry_label": "", "sector_url": "/structure/us/basic-materials/", "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": 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": "STLD", "name": "Steel Dynamics Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Basic Materials", "industry": "Steel", "sector_url": "https://sharemaestro.com/structure/us/basic-materials/", "industry_url": "https://sharemaestro.com/structure/us/basic-materials/steel/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 44.47, "options_pressure_score": 12.08, "trend_confirmation_score": 89.83, "speculation_score": 42.93, "volatility_score": 66.01, "edge_label": "Options-market disagreement", "insight": "STLD shows mixed options pressure with a 44/100 conviction score, put-call volume ratio of 0.88, expected move of 8.5%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-30T16:04:27.354927+00:00", "snapshot": {"fetched_at": "2026-07-30T16:04:27.354927+00:00", "underlying_price": 247.11, "total_contracts": 614, "call_contracts": 352, "put_contracts": 262, "call_volume": 1955, "put_volume": 1722, "call_open_interest": 19142, "put_open_interest": 9985, "put_call_volume_ratio": 0.88081841, "put_call_open_interest_ratio": 0.52162783, "volume_open_interest_ratio": 0.12624026, "avg_implied_volatility": 0.45735711, "max_pain_strike": 230.0, "expected_move_percent": 8.49823965, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 247.11, "one_week_change": 4.925480871300581, "one_week_change_label": "+4.9%", "relative_strength": 25.359986, "fair_value_gap_label": "+74.5%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "8.5%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "90", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 67.0, "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 73% / P 27%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.13", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "90/100", "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": "No clean flow/price divergence", "tone": "neutral", "score": 27.9, "score_label": "28/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+12"}, {"label": "1W price", "value": "+4.9%"}, {"label": "Call premium", "value": "73%"}, {"label": "Put premium", "value": "27%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 646, "open_interest": 1252, "premium": 4833810.0, "premium_label": "$4.8M", "premium_share": 48.772602926319855, "weighted_strike": 172.3684210526316, "avg_iv": 0.2546436242622951, "max_voi": 8.57142857, "why": "calls cluster with 646 contracts traded, $4.8M estimated gross traded notional, and 49% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 743, "open_interest": 1946, "premium": 1379318.0, "premium_label": "$1.4M", "premium_share": 13.917164539592092, "weighted_strike": 325.8950201884253, "avg_iv": 0.4117416420588235, "max_voi": 1.41520468, "why": "calls cluster with 743 contracts traded, $1.4M estimated gross traded notional, and 14% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 222, "open_interest": 294, "premium": 1377915.0, "premium_label": "$1.4M", "premium_share": 13.90300842631796, "weighted_strike": 278.01801801801804, "avg_iv": 0.37691534, "max_voi": 2.0, "why": "puts cluster with 222 contracts traded, $1.4M estimated gross traded notional, and 14% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 922, "open_interest": 2434, "premium": 966506.5, "premium_label": "$966506", "premium_share": 9.751942618805282, "weighted_strike": 169.40347071583514, "avg_iv": 0.5039232833333334, "max_voi": 3.0, "why": "puts cluster with 922 contracts traded, $966506 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 167, "open_interest": 2582, "premium": 772431.0, "premium_label": "$772431", "premium_share": 7.793742503528308, "weighted_strike": 146.52694610778443, "avg_iv": 0.410720688, "max_voi": 1.55072464, "why": "calls cluster with 167 contracts traded, $772431 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $9.9M of estimated gross traded notional, calls \u00b7 91+ 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/9c50c57f-7c89-4927-bac4-319795be470e/", "research_links": {"chart": "/terminal/9c50c57f-7c89-4927-bac4-319795be470e/", "report": "/terminal/9c50c57f-7c89-4927-bac4-319795be470e/report/", "factor": "/factors/ticker/9c50c57f-7c89-4927-bac4-319795be470e/", "insider": "/insider-activity/company/stld/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}