{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "VNDA", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 52.55, "avg_conviction_label": "52.5", "bullish": 0, "bearish": 0, "volatility": 1, "mixed": 0, "leader": "VNDA", "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": "Healthcare", "count": 1, "avg_score": "52.55", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "VNDA", "name": "Vanda Pharmaceuticals Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Biotechnology", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/biotechnology/", "direction": "volatility", "direction_label": "Volatility", "tone": "warning", "conviction_score": 52.55, "options_pressure_score": 100.0, "trend_confirmation_score": 0.0, "speculation_score": 4.3, "volatility_score": 96.0, "edge_label": "Volatility expansion watch", "insight": "VNDA shows volatility options pressure with a 53/100 conviction score, put-call volume ratio of 0.01, expected move of 15.0%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-14T00:35:19.435281+00:00", "snapshot": {"fetched_at": "2026-08-14T00:35:19.435281+00:00", "underlying_price": 5.0, "total_contracts": 116, "call_contracts": 58, "put_contracts": 58, "call_volume": 158, "put_volume": 1, "call_open_interest": 10318, "put_open_interest": 1389, "put_call_volume_ratio": 0.00632911, "put_call_open_interest_ratio": 0.13461911, "volume_open_interest_ratio": 0.01358162, "avg_implied_volatility": 1.009975, "max_pain_strike": 5.0, "expected_move_percent": 14.95234073, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 5.0, "one_week_change": -1.9607843137254901, "one_week_change_label": "-2.0%", "relative_strength": -28.587194, "fair_value_gap_label": "-2.8%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Volatility pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "+0.0%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "15.0%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend conflict", "value": "0", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "volatility-expansion-bet", "label": "Volatility expansion bet", "tone": "warning", "confidence": 92, "confidence_label": "92/100", "summary": "The strongest message is movement risk: expected move and implied volatility are carrying more signal than direction.", "evidence": [{"label": "Notional split", "value": "C 97% / P 3%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.01", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "0/100", "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": "Volatility flow versus price", "tone": "warning", "score": 51.7, "score_label": "52/100", "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": "-2.0%"}, {"label": "Call premium", "value": "97%"}, {"label": "Put premium", "value": "3%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 132, "open_interest": 1833, "premium": 1320.0, "premium_label": "$1,320", "premium_share": 38.01295896328294, "weighted_strike": 6.0, "avg_iv": 1.1549192857142858, "max_voi": 0.49811321, "why": "calls cluster with 132 contracts traded, $1,320 estimated gross traded notional, and 38% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 10, "open_interest": 755, "premium": 1225.0, "premium_label": "$1,225", "premium_share": 35.27717782577394, "weighted_strike": 5.0, "avg_iv": 0.90266, "max_voi": 0.01367989, "why": "calls cluster with 10 contracts traded, $1,225 estimated gross traded notional, and 35% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 10, "open_interest": 4112, "premium": 750.0, "premium_label": "$750", "premium_share": 21.598272138228943, "weighted_strike": 7.0, "avg_iv": 0.7042922222222222, "max_voi": 0.0097371, "why": "calls cluster with 10 contracts traded, $750 estimated gross traded notional, and 22% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 1, "open_interest": 181, "premium": 112.5, "premium_label": "$112", "premium_share": 3.239740820734341, "weighted_strike": 5.0, "avg_iv": 0.746565, "max_voi": 0.0, "why": "puts cluster with 1 contracts traded, $112 estimated gross traded notional, and 3% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ATM", "tone": "positive", "volume": 2, "open_interest": 34, "premium": 45.0, "premium_label": "$45", "premium_share": 1.2958963282937366, "weighted_strike": 5.0, "avg_iv": 0.32707, "max_voi": 0.05882353, "why": "calls cluster with 2 contracts traded, $45 estimated gross traded notional, and 1% of visible notional."}], "why_this_matters": "Volatility expansion bet matters because it connects the options headline to the actual evidence: $3,472 of estimated gross traded notional, calls \u00b7 22-45 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/5b83d7c6-3fb6-4e8f-ae92-0dda95026387/", "research_links": {"chart": "/terminal/5b83d7c6-3fb6-4e8f-ae92-0dda95026387/", "report": "/terminal/5b83d7c6-3fb6-4e8f-ae92-0dda95026387/report/", "factor": "/factors/ticker/5b83d7c6-3fb6-4e8f-ae92-0dda95026387/", "insider": "/insider-activity/company/vnda/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}