{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "VRTX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 49.86, "avg_conviction_label": "49.9", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "VRTX", "leader_score": "50", "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": "Healthcare", "count": 1, "avg_score": "49.86", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": "VRTX", "name": "Vertex 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": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 49.86, "options_pressure_score": -41.72, "trend_confirmation_score": 65.5, "speculation_score": 41.21, "volatility_score": 62.43, "edge_label": "Put-side pressure", "insight": "VRTX shows bearish options pressure with a 50/100 conviction score, put-call volume ratio of 2.30, expected move of 6.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-01T09:57:29.793772+00:00", "snapshot": {"fetched_at": "2026-08-01T09:57:29.793772+00:00", "underlying_price": 477.36, "total_contracts": 1600, "call_contracts": 800, "put_contracts": 800, "call_volume": 760, "put_volume": 1747, "call_open_interest": 21810, "put_open_interest": 26080, "put_call_volume_ratio": 2.29868421, "put_call_open_interest_ratio": 1.19578175, "volume_open_interest_ratio": 0.05234913, "avg_implied_volatility": 0.54413375, "max_pain_strike": 485.0, "expected_move_percent": 6.08555388, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 477.1, "one_week_change": -0.054466230936819175, "one_week_change_label": "-0.1%", "relative_strength": -1.142886, "fair_value_gap_label": "+8.9%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "3x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-1.6%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "6.1%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "66", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 78.6, "confidence_label": "79/100", "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 63% / P 37%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.05", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "66/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "3 Aug", "detail": "Matched earnings event is 2 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": "Bearish flow before price confirmation", "tone": "negative", "score": 26.4, "score_label": "26/100", "summary": "Put-side pressure is present before a decisive weekly price breakdown.", "metrics": [{"label": "Options pressure", "value": "-42"}, {"label": "1W price", "value": "-0.1%"}, {"label": "Call premium", "value": "63%"}, {"label": "Put premium", "value": "37%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 154, "open_interest": 621, "premium": 426540.0, "premium_label": "$426540", "premium_share": 19.395336052366588, "weighted_strike": 479.8051948051948, "avg_iv": 0.3807225, "max_voi": 1.1796875, "why": "calls cluster with 154 contracts traded, $426540 estimated gross traded notional, and 19% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 176, "open_interest": 3164, "premium": 214682.5, "premium_label": "$214682", "premium_share": 9.761896263098865, "weighted_strike": 438.8068181818182, "avg_iv": 0.40910318181818184, "max_voi": 1.84415584, "why": "puts cluster with 176 contracts traded, $214682 estimated gross traded notional, and 10% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 105, "open_interest": 132, "premium": 199855.0, "premium_label": "$199855", "premium_share": 9.087670292928506, "weighted_strike": 475.0, "avg_iv": 0.45946714285714285, "max_voi": 5.0, "why": "calls cluster with 105 contracts traded, $199855 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 56, "open_interest": 10228, "premium": 196067.5, "premium_label": "$196068", "premium_share": 8.915447675358433, "weighted_strike": 551.0714285714286, "avg_iv": 0.32690383333333334, "max_voi": 1.16666667, "why": "calls cluster with 56 contracts traded, $196068 estimated gross traded notional, and 9% of visible notional."}, {"label": "Puts \u00b7 0-7 days \u00b7 ATM", "tone": "negative", "volume": 181, "open_interest": 168, "premium": 177790.0, "premium_label": "$177790", "premium_share": 8.084345657500483, "weighted_strike": 471.1740331491713, "avg_iv": 0.514378, "max_voi": 5.71428571, "why": "puts cluster with 181 contracts traded, $177790 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $2.2M of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 atm, 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/85cf1839-5d87-4b1b-8118-600d01682cf0/", "research_links": {"chart": "/terminal/85cf1839-5d87-4b1b-8118-600d01682cf0/", "report": "/terminal/85cf1839-5d87-4b1b-8118-600d01682cf0/report/", "factor": "/factors/ticker/85cf1839-5d87-4b1b-8118-600d01682cf0/", "insider": "/insider-activity/company/vrtx/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}