{"latest_run": "2026-08-07T20:50:00.017347+00:00", "coverage_count": 6091, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "TSM", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.88, "avg_conviction_label": "45.9", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "TSM", "leader_score": "46", "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": "Technology", "count": 1, "avg_score": "45.88", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "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": "TSM", "name": "Taiwan Semiconductor Manufacturing", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Semiconductors", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/semiconductors/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 45.88, "options_pressure_score": -29.48, "trend_confirmation_score": 74.87, "speculation_score": 41.31, "volatility_score": 49.44, "edge_label": "Put-side pressure", "insight": "TSM shows bearish options pressure with a 46/100 conviction score, put-call volume ratio of 1.74, expected move of 5.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-08T09:27:34.623089+00:00", "snapshot": {"fetched_at": "2026-08-08T09:27:34.623089+00:00", "underlying_price": 404.25, "total_contracts": 2000, "call_contracts": 1000, "put_contracts": 1000, "call_volume": 37036, "put_volume": 64298, "call_open_interest": 810362, "put_open_interest": 984615, "put_call_volume_ratio": 1.73609461, "put_call_open_interest_ratio": 1.21503106, "volume_open_interest_ratio": 0.05645421, "avg_implied_volatility": 0.3953575, "max_pain_strike": 420.0, "expected_move_percent": 5.44217687, "nearest_expiration": "2026-08-14"}, "market": {"latest_close": 404.25, "one_week_change": 0.20822488287350338, "one_week_change_label": "+0.2%", "relative_strength": 11.443682, "fair_value_gap_label": "+87.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Trend agreement", "value": "75", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 63.0, "confidence_label": "63/100", "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 67% / P 33%", "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": "75/100", "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 before price confirmation", "tone": "negative", "score": 21.3, "score_label": "21/100", "summary": "Put-side pressure is present before a decisive weekly price breakdown.", "metrics": [{"label": "Options pressure", "value": "-29"}, {"label": "1W price", "value": "+0.2%"}, {"label": "Call premium", "value": "67%"}, {"label": "Put premium", "value": "33%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 5214, "open_interest": 75459, "premium": 16589374.0, "premium_label": "$16.6M", "premium_share": 23.059520752395365, "weighted_strike": 489.01227464518604, "avg_iv": 0.4421868, "max_voi": 15.0, "why": "calls cluster with 5214 contracts traded, $16.6M estimated gross traded notional, and 23% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 5459, "open_interest": 94096, "premium": 7580599.0, "premium_label": "$7.6M", "premium_share": 10.537165534762647, "weighted_strike": 319.95786774134456, "avg_iv": 0.477585, "max_voi": 0.66326531, "why": "puts cluster with 5459 contracts traded, $7.6M estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 9951, "open_interest": 106551, "premium": 6484314.5, "premium_label": "$6.5M", "premium_share": 9.013310856564459, "weighted_strike": 461.67545975278864, "avg_iv": 0.46206594594594597, "max_voi": 7.3, "why": "calls cluster with 9951 contracts traded, $6.5M estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 4504, "open_interest": 52466, "premium": 5190748.5, "premium_label": "$5.2M", "premium_share": 7.215231434062256, "weighted_strike": 456.39653641207815, "avg_iv": 0.40172, "max_voi": 94.0, "why": "calls cluster with 4504 contracts traded, $5.2M estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 OTM", "tone": "positive", "volume": 10525, "open_interest": 20605, "premium": 5143430.5, "premium_label": "$5.1M", "premium_share": 7.149458584347623, "weighted_strike": 434.33824228028504, "avg_iv": 0.4043312, "max_voi": 2.47410359, "why": "calls cluster with 10525 contracts traded, $5.1M estimated gross traded notional, and 7% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $71.9M of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, and a bearish 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/0fc5b547-236b-495a-a86d-e260fa76bda2/", "research_links": {"chart": "/terminal/0fc5b547-236b-495a-a86d-e260fa76bda2/", "report": "/terminal/0fc5b547-236b-495a-a86d-e260fa76bda2/report/", "factor": "/factors/ticker/0fc5b547-236b-495a-a86d-e260fa76bda2/", "insider": "/insider-activity/company/tsm/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}