{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "UAL", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 46.82, "avg_conviction_label": "46.8", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "UAL", "leader_score": "47", "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": "Industrials", "count": 1, "avg_score": "46.82", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "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": "UAL", "name": "United Airlines Holdings Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Airlines", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/airlines/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 46.82, "options_pressure_score": -27.2, "trend_confirmation_score": 79.59, "speculation_score": 40.96, "volatility_score": 56.94, "edge_label": "Put-side pressure", "insight": "UAL shows bearish options pressure with a 47/100 conviction score, put-call volume ratio of 1.68, expected move of 5.6%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T14:50:01.736249+00:00", "snapshot": {"fetched_at": "2026-08-01T14:50:01.736249+00:00", "underlying_price": 121.33, "total_contracts": 1420, "call_contracts": 710, "put_contracts": 710, "call_volume": 4767, "put_volume": 7988, "call_open_interest": 142018, "put_open_interest": 165015, "put_call_volume_ratio": 1.67568701, "put_call_open_interest_ratio": 1.16193018, "volume_open_interest_ratio": 0.04154277, "avg_implied_volatility": 0.49535375, "max_pain_strike": 119.0, "expected_move_percent": 5.56746064, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 121.33, "one_week_change": 2.587300245201657, "one_week_change_label": "+2.6%", "relative_strength": 6.030547, "fair_value_gap_label": "+59.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "+1.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "80", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 64.6, "confidence_label": "65/100", "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 57% / P 43%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "80/100", "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 against rising price", "tone": "warning", "score": 27.4, "score_label": "27/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-27"}, {"label": "1W price", "value": "+2.6%"}, {"label": "Call premium", "value": "57%"}, {"label": "Put premium", "value": "43%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 5051, "open_interest": 8873, "premium": 1007089.5, "premium_label": "$1.0M", "premium_share": 22.12279321683617, "weighted_strike": 111.67719263512176, "avg_iv": 0.4977925, "max_voi": 136.52941176, "why": "puts cluster with 5051 contracts traded, $1.0M estimated gross traded notional, and 22% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 649, "open_interest": 8695, "premium": 850449.0, "premium_label": "$850449", "premium_share": 18.6818623056492, "weighted_strike": 154.1602465331279, "avg_iv": 0.49844466666666665, "max_voi": 6.64285714, "why": "calls cluster with 649 contracts traded, $850449 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 1848, "open_interest": 16289, "premium": 533944.0, "premium_label": "$533944", "premium_share": 11.72917868905432, "weighted_strike": 147.22402597402598, "avg_iv": 0.45974533333333334, "max_voi": 2.18222222, "why": "calls cluster with 1848 contracts traded, $533944 estimated gross traded notional, and 12% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 104, "open_interest": 2925, "premium": 300347.5, "premium_label": "$300348", "premium_share": 6.5977508808240986, "weighted_strike": 120.0, "avg_iv": 0.5173025, "max_voi": 0.2202381, "why": "calls cluster with 104 contracts traded, $300348 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 225, "open_interest": 4648, "premium": 209392.5, "premium_label": "$209392", "premium_share": 4.599737142186834, "weighted_strike": 115.32444444444444, "avg_iv": 0.623644, "max_voi": 17.0, "why": "calls cluster with 225 contracts traded, $209392 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $4.6M of estimated gross traded notional, puts \u00b7 8-21 days \u00b7 otm, and a bearish flow against rising 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/d4e9af52-c5f8-473a-9110-57dbcd7c3f9e/", "research_links": {"chart": "/terminal/d4e9af52-c5f8-473a-9110-57dbcd7c3f9e/", "report": "/terminal/d4e9af52-c5f8-473a-9110-57dbcd7c3f9e/report/", "factor": "/factors/ticker/d4e9af52-c5f8-473a-9110-57dbcd7c3f9e/", "insider": "/insider-activity/company/ual/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}