{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "TH", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 56.08, "avg_conviction_label": "56.1", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "TH", "leader_score": "56", "leader_direction": "volatility", "leader_direction_label": "Volatility", "leader_tone": "warning", "leader_read": "The strongest current read is about a larger expected move, not a clean up-or-down direction."}, "charts": {"sectors": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "56.08", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "volatility", "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": "TH", "name": "Target Hospitality Corp", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Specialty Business Services", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/specialty-business-services/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 56.08, "options_pressure_score": 98.84, "trend_confirmation_score": 18.11, "speculation_score": 9.53, "volatility_score": 77.66, "edge_label": "Volatility expansion watch", "insight": "TH shows volatility options pressure with a 56/100 conviction score, put-call volume ratio of 0.05, expected move of 12.2%, and Sharemaestro trend signal active.", "fetched_at": "2026-09-20T05:30:39.035031+00:00", "snapshot": {"fetched_at": "2026-09-20T05:30:39.035031+00:00", "underlying_price": 21.19, "total_contracts": 242, "call_contracts": 121, "put_contracts": 121, "call_volume": 996, "put_volume": 46, "call_open_interest": 22182, "put_open_interest": 8012, "put_call_volume_ratio": 0.04618474, "put_call_open_interest_ratio": 0.36119376, "volume_open_interest_ratio": 0.03451017, "avg_implied_volatility": 0.53803625, "max_pain_strike": 18.0, "expected_move_percent": 12.15195847, "nearest_expiration": "2026-10-16"}, "market": {"latest_close": 21.19, "one_week_change": 10.077922077922079, "one_week_change_label": "+10.1%", "relative_strength": 58.775506, "fair_value_gap_label": "+106.9%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "12.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "18", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 99% / P 1%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.03", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "18/100", "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": "Volatility flow versus price", "tone": "warning", "score": 76.4, "score_label": "76/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+99"}, {"label": "1W price", "value": "+10.1%"}, {"label": "Call premium", "value": "99%"}, {"label": "Put premium", "value": "1%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 430, "open_interest": 12861, "premium": 229890.0, "premium_label": "$229,890", "premium_share": 50.79431715238958, "weighted_strike": 17.148837209302325, "avg_iv": 0.6613470588235294, "max_voi": 0.71910112, "why": "calls cluster with 430 contracts traded, $229,890 estimated gross traded notional, and 51% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 306, "open_interest": 6493, "premium": 109300.0, "premium_label": "$109,300", "premium_share": 24.14989283899335, "weighted_strike": 29.764705882352942, "avg_iv": 0.5844488235294117, "max_voi": 0.57142857, "why": "calls cluster with 306 contracts traded, $109,300 estimated gross traded notional, and 24% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 98, "open_interest": 0, "premium": 91290.0, "premium_label": "$91,290", "premium_share": 20.17057380852427, "weighted_strike": 12.571428571428571, "avg_iv": 0.613888, "max_voi": 0.0, "why": "calls cluster with 98 contracts traded, $91,290 estimated gross traded notional, and 20% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 32, "open_interest": 1284, "premium": 8210.0, "premium_label": "$8,210", "premium_share": 1.8140038445392077, "weighted_strike": 18.96875, "avg_iv": 2.8591985, "max_voi": 0.1, "why": "calls cluster with 32 contracts traded, $8,210 estimated gross traded notional, and 2% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 121, "open_interest": 1055, "premium": 6822.5, "premium_label": "$6,822", "premium_share": 1.5074349853067899, "weighted_strike": 22.96694214876033, "avg_iv": 0.5769653846153846, "max_voi": 0.25490196, "why": "calls cluster with 121 contracts traded, $6,822 estimated gross traded notional, and 2% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $452,590 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, and a volatility flow versus 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/414fd297-0fdf-4c05-8873-686f5794219a/", "research_links": {"chart": "/terminal/414fd297-0fdf-4c05-8873-686f5794219a/", "report": "/terminal/414fd297-0fdf-4c05-8873-686f5794219a/report/", "factor": "/factors/ticker/414fd297-0fdf-4c05-8873-686f5794219a/", "insider": "/insider-activity/company/th/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}