{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "TRGP", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 32.76, "avg_conviction_label": "32.8", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "TRGP", "leader_score": "33", "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": "Energy", "count": 1, "avg_score": "32.76", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "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": 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": "TRGP", "name": "Targa Resources Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Midstream", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-midstream/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 32.76, "options_pressure_score": -5.5, "trend_confirmation_score": 92.44, "speculation_score": 4.04, "volatility_score": 55.21, "edge_label": "Options-market disagreement", "insight": "TRGP shows mixed options pressure with a 33/100 conviction score, put-call volume ratio of 1.36, expected move of 7.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T11:01:50.908403+00:00", "snapshot": {"fetched_at": "2026-08-01T11:01:50.908403+00:00", "underlying_price": 281.33, "total_contracts": 532, "call_contracts": 266, "put_contracts": 266, "call_volume": 11, "put_volume": 15, "call_open_interest": 13283, "put_open_interest": 2342, "put_call_volume_ratio": 1.36363636, "put_call_open_interest_ratio": 0.17631559, "volume_open_interest_ratio": 0.001664, "avg_implied_volatility": 0.36730875, "max_pain_strike": 270.0, "expected_move_percent": 7.37567981, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 270.37, "one_week_change": -3.451462553754917, "one_week_change_label": "-3.5%", "relative_strength": 18.773872, "fair_value_gap_label": "+70.2%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "7.4%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "92", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 76.7, "confidence_label": "77/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "evidence": [{"label": "Notional split", "value": "C 58% / P 42%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.00", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "92/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "6 Aug", "detail": "Matched earnings event is 5 days away."}], "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": "No clean flow/price divergence", "tone": "neutral", "score": 13.6, "score_label": "14/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-6"}, {"label": "1W price", "value": "-3.5%"}, {"label": "Call premium", "value": "58%"}, {"label": "Put premium", "value": "42%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 2, "open_interest": 1527, "premium": 6085.0, "premium_label": "$6085", "premium_share": 28.994139229046553, "weighted_strike": 260.0, "avg_iv": 0.24762666666666666, "max_voi": 0.01785714, "why": "calls cluster with 2 contracts traded, $6085 estimated gross traded notional, and 29% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 1, "open_interest": 5, "premium": 4230.0, "premium_label": "$4230", "premium_share": 20.155334254538523, "weighted_strike": 310.0, "avg_iv": 0.37259333333333333, "max_voi": 0.5, "why": "puts cluster with 1 contracts traded, $4230 estimated gross traded notional, and 20% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 304, "premium": 3575.0, "premium_label": "$3575", "premium_share": 17.034354600466955, "weighted_strike": 266.6666666666667, "avg_iv": 0.6545230434782608, "max_voi": 0.016, "why": "calls cluster with 3 contracts traded, $3575 estimated gross traded notional, and 17% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 11, "open_interest": 813, "premium": 2647.5, "premium_label": "$2648", "premium_share": 12.614952113212942, "weighted_strike": 244.54545454545453, "avg_iv": 0.6053191304347826, "max_voi": 0.03370787, "why": "puts cluster with 11 contracts traded, $2648 estimated gross traded notional, and 13% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 2, "open_interest": 691, "premium": 1655.0, "premium_label": "$1655", "premium_share": 7.885834087768619, "weighted_strike": 250.0, "avg_iv": 0.4886732608695652, "max_voi": 0.2, "why": "puts cluster with 2 contracts traded, $1655 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $20987 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/971145d3-c50d-4d5f-973c-61161901518a/", "research_links": {"chart": "/terminal/971145d3-c50d-4d5f-973c-61161901518a/", "report": "/terminal/971145d3-c50d-4d5f-973c-61161901518a/report/", "factor": "/factors/ticker/971145d3-c50d-4d5f-973c-61161901518a/", "insider": "/insider-activity/company/trgp/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}