{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "TRV", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 40.19, "avg_conviction_label": "40.2", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "TRV", "leader_score": "40", "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": "Financial Services", "count": 1, "avg_score": "40.19", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": 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": "TRV", "name": "The Travelers Companies Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Insurance - Property & Casualty", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/insurance-property-casualty/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 40.19, "options_pressure_score": 38.99, "trend_confirmation_score": 57.26, "speculation_score": 21.93, "volatility_score": 41.06, "edge_label": "Call-side pressure", "insight": "TRV shows bullish options pressure with a 40/100 conviction score, put-call volume ratio of 0.49, expected move of 5.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-09-20T16:16:10.782099+00:00", "snapshot": {"fetched_at": "2026-09-20T16:16:10.782099+00:00", "underlying_price": 374.62, "total_contracts": 690, "call_contracts": 345, "put_contracts": 345, "call_volume": 224, "put_volume": 110, "call_open_interest": 8080, "put_open_interest": 4810, "put_call_volume_ratio": 0.49107143, "put_call_open_interest_ratio": 0.59529703, "volume_open_interest_ratio": 0.02591156, "avg_implied_volatility": 0.25633375, "max_pain_strike": 340.0, "expected_move_percent": 5.77918958, "nearest_expiration": "2026-10-16"}, "market": {"latest_close": 374.62, "one_week_change": -0.15458422174840086, "one_week_change_label": "-0.2%", "relative_strength": 12.771542, "fair_value_gap_label": "+48.6%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}], "intent": {"slug": "call-heavy-activity-with-trend-alignment", "label": "Call-heavy activity with trend alignment", "tone": "positive", "confidence": 81.0, "confidence_label": "81/100", "summary": "Call concentration and the underlying trend align, but aggregate volume cannot establish whether calls were bought or sold.", "evidence": [{"label": "Notional split", "value": "C 81% / P 19%", "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": "57/100", "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": "Bullish flow before price confirmation", "tone": "positive", "score": 22.0, "score_label": "22/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+39"}, {"label": "1W price", "value": "-0.2%"}, {"label": "Call premium", "value": "81%"}, {"label": "Put premium", "value": "19%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 82, "open_interest": 1685, "premium": 187040.0, "premium_label": "$187,040", "premium_share": 51.4062229453589, "weighted_strike": 357.3170731707317, "avg_iv": 0.579499375, "max_voi": 0.32258065, "why": "calls cluster with 82 contracts traded, $187,040 estimated gross traded notional, and 51% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ITM", "tone": "negative", "volume": 22, "open_interest": 59, "premium": 41470.0, "premium_label": "$41,470", "premium_share": 11.397647912446715, "weighted_strike": 390.0, "avg_iv": 0.24901666666666666, "max_voi": 0.91666667, "why": "puts cluster with 22 contracts traded, $41,470 estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ATM", "tone": "positive", "volume": 26, "open_interest": 570, "premium": 24460.0, "premium_label": "$24,460", "premium_share": 6.722605930514749, "weighted_strike": 378.46153846153845, "avg_iv": 0.25877, "max_voi": 0.10891089, "why": "calls cluster with 26 contracts traded, $24,460 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 10, "open_interest": 0, "premium": 19250.0, "premium_label": "$19,250", "premium_share": 5.290685370499139, "weighted_strike": 370.0, "avg_iv": 0.24902, "max_voi": 0.0, "why": "calls cluster with 10 contracts traded, $19,250 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 77, "open_interest": 729, "premium": 18053.5, "premium_label": "$18,054", "premium_share": 4.961838355132789, "weighted_strike": 413.5064935064935, "avg_iv": 0.2368225, "max_voi": 2.66666667, "why": "calls cluster with 77 contracts traded, $18,054 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Call-heavy activity with trend alignment matters because it connects the options headline to the actual evidence: $363,847 of estimated gross traded notional, calls \u00b7 22-45 days \u00b7 itm, and a bullish flow before price confirmation 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/98deef21-dc8f-4b7c-8220-164fd740591c/", "research_links": {"chart": "/terminal/98deef21-dc8f-4b7c-8220-164fd740591c/", "report": "/terminal/98deef21-dc8f-4b7c-8220-164fd740591c/report/", "factor": "/factors/ticker/98deef21-dc8f-4b7c-8220-164fd740591c/", "insider": "/insider-activity/company/trv/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}