{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "T", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 44.64, "avg_conviction_label": "44.6", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "T", "leader_score": "45", "leader_direction": "bearish", "leader_direction_label": "Bearish", "leader_tone": "negative", "leader_read": "The strongest current read leans put-side, which is usually a caution flag or downside-risk signal."}, "charts": {"sectors": [{"ticker__sector": "Communication Services", "count": 1, "avg_score": "44.64", "sector_label": "Communication Services", "industry_label": "", "sector_url": "/structure/us/communication-services/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bearish", "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": "T", "name": "AT&T Inc.", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Communication Services", "industry": "Telecom Services", "sector_url": "https://sharemaestro.com/structure/us/communication-services/", "industry_url": "https://sharemaestro.com/structure/us/communication-services/telecom-services/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 44.64, "options_pressure_score": -22.58, "trend_confirmation_score": 82.8, "speculation_score": 41.28, "volatility_score": 45.5, "edge_label": "Put-side pressure", "insight": "T shows bearish options pressure with a 45/100 conviction score, put-call volume ratio of 1.72, expected move of 3.3%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-30T15:57:08.778134+00:00", "snapshot": {"fetched_at": "2026-07-30T15:57:08.778134+00:00", "underlying_price": 24.13, "total_contracts": 599, "call_contracts": 303, "put_contracts": 296, "call_volume": 23425, "put_volume": 40399, "call_open_interest": 694244, "put_open_interest": 461970, "put_call_volume_ratio": 1.72461046, "put_call_open_interest_ratio": 0.66542887, "volume_open_interest_ratio": 0.05520085, "avg_implied_volatility": 0.462896, "max_pain_strike": 23.0, "expected_move_percent": 3.27393286, "nearest_expiration": "2026-07-31"}, "market": {"latest_close": 24.13, "one_week_change": 10.637322329206786, "one_week_change_label": "+10.6%", "relative_strength": -12.780973, "fair_value_gap_label": "+14.1%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "83", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 68.9, "confidence_label": "69/100", "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 29% / P 71%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.06", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "83/100", "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": "Bearish flow against rising price", "tone": "warning", "score": 49.5, "score_label": "50/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-23"}, {"label": "1W price", "value": "+10.6%"}, {"label": "Call premium", "value": "29%"}, {"label": "Put premium", "value": "71%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 1372, "open_interest": 34127, "premium": 700433.0, "premium_label": "$700433", "premium_share": 17.515293589276965, "weighted_strike": 28.49854227405248, "avg_iv": 0.40747663, "max_voi": 0.65466448, "why": "puts cluster with 1372 contracts traded, $700433 estimated gross traded notional, and 18% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 2355, "open_interest": 4711, "premium": 538859.5, "premium_label": "$538860", "premium_share": 13.474925290314692, "weighted_strike": 25.497876857749468, "avg_iv": 0.6187688353846154, "max_voi": 5.33333333, "why": "puts cluster with 2355 contracts traded, $538860 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 1118, "open_interest": 27922, "premium": 512194.0, "premium_label": "$512194", "premium_share": 12.808117671020819, "weighted_strike": 26.659212880143112, "avg_iv": 0.32741366470588235, "max_voi": 1.0, "why": "puts cluster with 1118 contracts traded, $512194 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 4029, "open_interest": 10105, "premium": 317634.5, "premium_label": "$317634", "premium_share": 7.942888929538149, "weighted_strike": 24.021841648051627, "avg_iv": 0.51758295, "max_voi": 0.45228313, "why": "puts cluster with 4029 contracts traded, $317634 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 568, "open_interest": 57363, "premium": 316039.0, "premium_label": "$316039", "premium_share": 7.90299125064282, "weighted_strike": 18.45950704225352, "avg_iv": 0.4659335028, "max_voi": 4.0, "why": "calls cluster with 568 contracts traded, $316039 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: $4.0M of estimated gross traded notional, puts \u00b7 46-90 days \u00b7 itm, and a bearish flow against rising 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/d4a5e0b8-cddb-44c1-82f0-f892eafdbee8/", "research_links": {"chart": "/terminal/d4a5e0b8-cddb-44c1-82f0-f892eafdbee8/", "report": "/terminal/d4a5e0b8-cddb-44c1-82f0-f892eafdbee8/report/", "factor": "/factors/ticker/d4a5e0b8-cddb-44c1-82f0-f892eafdbee8/", "insider": "/insider-activity/company/t/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}