{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "VICI", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 51.27, "avg_conviction_label": "51.3", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "VICI", "leader_score": "51", "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": "Real Estate", "count": 1, "avg_score": "51.27", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "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": "VICI", "name": "VICI Properties Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Diversified", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-diversified/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 51.27, "options_pressure_score": -32.59, "trend_confirmation_score": 96.49, "speculation_score": 40.53, "volatility_score": 35.75, "edge_label": "Put-side pressure", "insight": "VICI shows bearish options pressure with a 51/100 conviction score, put-call volume ratio of 2.27, expected move of 5.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T05:18:47.635457+00:00", "snapshot": {"fetched_at": "2026-08-02T05:18:47.635457+00:00", "underlying_price": 26.35, "total_contracts": 174, "call_contracts": 87, "put_contracts": 87, "call_volume": 577, "put_volume": 1308, "call_open_interest": 55914, "put_open_interest": 27095, "put_call_volume_ratio": 2.26689775, "put_call_open_interest_ratio": 0.48458347, "volume_open_interest_ratio": 0.02270838, "avg_implied_volatility": 0.22341, "max_pain_strike": 27.5, "expected_move_percent": 5.028463, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 26.35, "one_week_change": -1.421623643845866, "one_week_change_label": "-1.4%", "relative_strength": -14.638564, "fair_value_gap_label": "-4.7%", "trend_signal": "0"}, "premium_flags": [{"label": "Trend agreement", "value": "96", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 77.6, "confidence_label": "78/100", "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 10% / P 90%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "96/100", "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 confirms price", "tone": "negative", "score": 26.2, "score_label": "26/100", "summary": "Options pressure and weekly price action are both cautionary.", "metrics": [{"label": "Options pressure", "value": "-33"}, {"label": "1W price", "value": "-1.4%"}, {"label": "Call premium", "value": "10%"}, {"label": "Put premium", "value": "90%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ITM", "tone": "negative", "volume": 821, "open_interest": 6907, "premium": 245045.0, "premium_label": "$245045", "premium_share": 74.36061613905613, "weighted_strike": 27.503045066991472, "avg_iv": 0.45389225, "max_voi": 0.46178862, "why": "puts cluster with 821 contracts traded, $245045 estimated gross traded notional, and 74% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 148, "open_interest": 1743, "premium": 25677.5, "premium_label": "$25678", "premium_share": 7.792016653719169, "weighted_strike": 27.618243243243242, "avg_iv": 0.5904733333333333, "max_voi": 0.10165826, "why": "puts cluster with 148 contracts traded, $25678 estimated gross traded notional, and 8% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 138, "open_interest": 1679, "premium": 16560.0, "premium_label": "$16560", "premium_share": 5.025247620897262, "weighted_strike": 27.5, "avg_iv": 0.6278716666666667, "max_voi": 0.08219178, "why": "puts cluster with 138 contracts traded, $16560 estimated gross traded notional, and 5% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 227, "open_interest": 28967, "premium": 16249.0, "premium_label": "$16249", "premium_share": 4.930872499514469, "weighted_strike": 29.493392070484582, "avg_iv": 0.19023925, "max_voi": 0.07645723, "why": "calls cluster with 227 contracts traded, $16249 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 139, "open_interest": 11528, "premium": 8867.0, "premium_label": "$8867", "premium_share": 2.690753058846378, "weighted_strike": 21.02517985611511, "avg_iv": 0.2962372, "max_voi": 13.8, "why": "puts cluster with 139 contracts traded, $8867 estimated gross traded notional, and 3% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $329536 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 itm, and a bearish flow confirms 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/41e87f19-82af-4b41-a2dc-1de0721f2c65/", "research_links": {"chart": "/terminal/41e87f19-82af-4b41-a2dc-1de0721f2c65/", "report": "/terminal/41e87f19-82af-4b41-a2dc-1de0721f2c65/report/", "factor": "/factors/ticker/41e87f19-82af-4b41-a2dc-1de0721f2c65/", "insider": "/insider-activity/company/vici/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}