{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "UGP", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 53.44, "avg_conviction_label": "53.4", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "UGP", "leader_score": "53", "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": "Energy", "count": 1, "avg_score": "53.44", "sector_label": "Energy", "industry_label": "", "sector_url": "/structure/us/energy/", "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": "UGP", "name": "Ultrapar Participacoes SA ADR", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Energy", "industry": "Oil & Gas Refining & Marketing", "sector_url": "https://sharemaestro.com/structure/us/energy/", "industry_url": "https://sharemaestro.com/structure/us/energy/oil-gas-refining-marketing/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 53.44, "options_pressure_score": 100.0, "trend_confirmation_score": 4.61, "speculation_score": 12.01, "volatility_score": 76.03, "edge_label": "Volatility expansion watch", "insight": "UGP shows volatility options pressure with a 53/100 conviction score, put-call volume ratio of 0.02, expected move of 21.8%, and Sharemaestro trend signal active.", "fetched_at": "2026-07-31T03:41:51.124151+00:00", "snapshot": {"fetched_at": "2026-07-31T03:41:51.124151+00:00", "underlying_price": 6.43, "total_contracts": 13, "call_contracts": 9, "put_contracts": 4, "call_volume": 91, "put_volume": 2, "call_open_interest": 530, "put_open_interest": 8, "put_call_volume_ratio": 0.02197802, "put_call_open_interest_ratio": 0.01509434, "volume_open_interest_ratio": 0.17286245, "avg_implied_volatility": 0.51465329, "max_pain_strike": 5.0, "expected_move_percent": 21.77293935, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 6.43, "one_week_change": 2.88, "one_week_change_label": "+2.9%", "relative_strength": 31.34592, "fair_value_gap_label": "+63.4%", "trend_signal": "1"}, "premium_flags": [{"label": "Priced move", "value": "21.8%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "5", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 83.9, "confidence_label": "84/100", "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 100% / P 0%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.17", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "5/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "12 Aug", "detail": "Matched earnings event is 12 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": "Volatility flow versus price", "tone": "warning", "score": 55.8, "score_label": "56/100", "summary": "Options are pricing movement more than direction; compare expected move with the stock's actual weekly change.", "metrics": [{"label": "Options pressure", "value": "+100"}, {"label": "1W price", "value": "+2.9%"}, {"label": "Call premium", "value": "100%"}, {"label": "Put premium", "value": "0%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 40, "open_interest": 193, "premium": 3325.0, "premium_label": "$3325", "premium_share": 36.66942376619796, "weighted_strike": 7.5, "avg_iv": 0.68457347, "max_voi": 0.3030303, "why": "calls cluster with 40 contracts traded, $3325 estimated gross traded notional, and 37% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 22, "open_interest": 169, "premium": 3112.0, "premium_label": "$3112", "premium_share": 34.32037496553625, "weighted_strike": 4.7727272727272725, "avg_iv": 0.37500625, "max_voi": 0.1183432, "why": "calls cluster with 22 contracts traded, $3112 estimated gross traded notional, and 34% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 13, "open_interest": 65, "premium": 2487.5, "premium_label": "$2488", "premium_share": 27.433140336366144, "weighted_strike": 4.615384615384615, "avg_iv": 1.515386455, "max_voi": 1.0, "why": "calls cluster with 13 contracts traded, $2488 estimated gross traded notional, and 27% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 16, "open_interest": 103, "premium": 128.0, "premium_label": "$128", "premium_share": 1.4116349600220568, "weighted_strike": 7.5, "avg_iv": 0.51172363, "max_voi": 0.15533981, "why": "calls cluster with 16 contracts traded, $128 estimated gross traded notional, and 1% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 1, "open_interest": 5, "premium": 10.0, "premium_label": "$10", "premium_share": 0.11028398125172319, "weighted_strike": 5.0, "avg_iv": 0.79687703, "max_voi": 0.2, "why": "puts cluster with 1 contracts traded, $10 estimated gross traded notional, and 0% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $9068 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 otm, 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/4a685f1b-244e-4850-ba57-13af52aad77b/", "research_links": {"chart": "/terminal/4a685f1b-244e-4850-ba57-13af52aad77b/", "report": "/terminal/4a685f1b-244e-4850-ba57-13af52aad77b/report/", "factor": "/factors/ticker/4a685f1b-244e-4850-ba57-13af52aad77b/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}