{"latest_run": null, "coverage_count": 6119, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "TCOM", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 29.34, "avg_conviction_label": "29.3", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "TCOM", "leader_score": "29", "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": "Consumer Cyclical", "count": 1, "avg_score": "29.34", "sector_label": "Consumer Cyclical", "industry_label": "", "sector_url": "/structure/us/consumer-cyclical/", "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": "TCOM", "name": "Trip.com Group Ltd ADR", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Consumer Cyclical", "industry": "Travel Services", "sector_url": "https://sharemaestro.com/structure/us/consumer-cyclical/", "industry_url": "https://sharemaestro.com/structure/us/consumer-cyclical/travel-services/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 29.34, "options_pressure_score": 34.24, "trend_confirmation_score": 27.89, "speculation_score": 9.22, "volatility_score": 56.71, "edge_label": "Call-side pressure", "insight": "TCOM shows bullish options pressure with a 29/100 conviction score, put-call volume ratio of 0.47, expected move of 8.1%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T09:08:31.115766+00:00", "snapshot": {"fetched_at": "2026-07-31T09:08:31.115766+00:00", "underlying_price": 43.64, "total_contracts": 208, "call_contracts": 104, "put_contracts": 104, "call_volume": 1387, "put_volume": 646, "call_open_interest": 65037, "put_open_interest": 76981, "put_call_volume_ratio": 0.46575342, "put_call_open_interest_ratio": 1.18364931, "volume_open_interest_ratio": 0.01431509, "avg_implied_volatility": 0.34535875, "max_pain_strike": 45.0, "expected_move_percent": 8.13473877, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 43.64, "one_week_change": 2.8032979976442873, "one_week_change_label": "+2.8%", "relative_strength": -34.134778, "fair_value_gap_label": "-19.2%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "8.1%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "call-activity-against-legacy-put-oi", "label": "Call activity against legacy put OI", "tone": "positive", "confidence": 61.2, "confidence_label": "61/100", "summary": "Call activity is dominant while put open interest remains large but current put volume is not leading.", "evidence": [{"label": "Notional split", "value": "C 88% / P 12%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "28/100", "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.", "Do not infer a hedge unwind without next-session open-interest changes and opening/closing data."]}, "flow_divergence": {"label": "Bullish flow confirms price", "tone": "positive", "score": 25.5, "score_label": "25/100", "summary": "Options pressure and weekly price action are pointing in the same constructive direction.", "metrics": [{"label": "Options pressure", "value": "+34"}, {"label": "1W price", "value": "+2.8%"}, {"label": "Call premium", "value": "88%"}, {"label": "Put premium", "value": "12%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 953, "open_interest": 41389, "premium": 219685.0, "premium_label": "$219685", "premium_share": 65.00373567682327, "weighted_strike": 86.99370409233998, "avg_iv": 0.3982822, "max_voi": 0.31463196, "why": "calls cluster with 953 contracts traded, $219685 estimated gross traded notional, and 65% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 108, "open_interest": 13584, "premium": 26372.5, "premium_label": "$26372", "premium_share": 7.8034960017161925, "weighted_strike": 48.379629629629626, "avg_iv": 0.5716106666666667, "max_voi": 0.0263048, "why": "calls cluster with 108 contracts traded, $26372 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 21, "open_interest": 1312, "premium": 21730.0, "premium_label": "$21730", "premium_share": 6.4298025639318555, "weighted_strike": 39.04761904761905, "avg_iv": 0.4469808333333333, "max_voi": 1.11111111, "why": "calls cluster with 21 contracts traded, $21730 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 293, "open_interest": 7742, "premium": 19721.5, "premium_label": "$19722", "premium_share": 5.83549706693889, "weighted_strike": 50.18771331058021, "avg_iv": 0.4506383333333333, "max_voi": 0.07989541, "why": "calls cluster with 293 contracts traded, $19722 estimated gross traded notional, and 6% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 13, "open_interest": 21723, "premium": 15145.0, "premium_label": "$15145", "premium_share": 4.481332711953426, "weighted_strike": 55.0, "avg_iv": 0.5438412, "max_voi": 0.05434783, "why": "puts cluster with 13 contracts traded, $15145 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $337958 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/d4f92f08-a4e5-4c9b-8452-6720f955e894/", "research_links": {"chart": "/terminal/d4f92f08-a4e5-4c9b-8452-6720f955e894/", "report": "/terminal/d4f92f08-a4e5-4c9b-8452-6720f955e894/report/", "factor": "/factors/ticker/d4f92f08-a4e5-4c9b-8452-6720f955e894/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}