{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "WBS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 45.04, "avg_conviction_label": "45.0", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "WBS", "leader_score": "45", "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": "Financial Services", "count": 1, "avg_score": "45.04", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "WBS", "name": "Webster Financial Corporation", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Regional", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-regional/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 45.04, "options_pressure_score": -33.88, "trend_confirmation_score": 72.82, "speculation_score": 30.63, "volatility_score": 51.37, "edge_label": "Put-side pressure", "insight": "WBS shows bearish options pressure with a 45/100 conviction score, put-call volume ratio of 1.56, expected move of 7.1%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-13T14:02:46.163905+00:00", "snapshot": {"fetched_at": "2026-08-13T14:02:46.163905+00:00", "underlying_price": 79.03, "total_contracts": 79, "call_contracts": 41, "put_contracts": 38, "call_volume": 282, "put_volume": 440, "call_open_interest": 558, "put_open_interest": 1969, "put_call_volume_ratio": 1.56028369, "put_call_open_interest_ratio": 3.52867384, "volume_open_interest_ratio": 0.28571429, "avg_implied_volatility": 0.32675844, "max_pain_strike": 75.0, "expected_move_percent": 7.12387701, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 79.03, "one_week_change": 2.3439523439523438, "one_week_change_label": "+2.3%", "relative_strength": 6.210172, "fair_value_gap_label": "+48.2%", "trend_signal": "1"}, "premium_flags": [{"label": "Persistent pressure", "value": "5x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "7.1%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "73", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 68.7, "confidence_label": "69/100", "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 46% / P 54%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.29", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "73/100", "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": 27.8, "score_label": "28/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-34"}, {"label": "1W price", "value": "+2.3%"}, {"label": "Call premium", "value": "46%"}, {"label": "Put premium", "value": "54%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 229, "open_interest": 279, "premium": 278235.0, "premium_label": "$278,235", "premium_share": 39.93211533217561, "weighted_strike": 80.0, "avg_iv": 1.17065844, "max_voi": 0.82078853, "why": "puts cluster with 229 contracts traded, $278,235 estimated gross traded notional, and 40% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 142, "open_interest": 106, "premium": 219310.0, "premium_label": "$219,310", "premium_share": 31.475235730585414, "weighted_strike": 58.644366197183096, "avg_iv": 0.15157542272727273, "max_voi": 3.0, "why": "calls cluster with 142 contracts traded, $219,310 estimated gross traded notional, and 31% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 186, "open_interest": 176, "premium": 94160.0, "premium_label": "$94,160", "premium_share": 13.513785036669201, "weighted_strike": 70.41666666666667, "avg_iv": 0.6119035006666667, "max_voi": 1.0, "why": "puts cluster with 186 contracts traded, $94,160 estimated gross traded notional, and 14% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 42, "open_interest": 57, "premium": 51785.0, "premium_label": "$51,785", "premium_share": 7.432151212021184, "weighted_strike": 60.892857142857146, "avg_iv": 0.15169610625, "max_voi": 1.0, "why": "calls cluster with 42 contracts traded, $51,785 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 15, "open_interest": 27, "premium": 22355.0, "premium_label": "$22,355", "premium_share": 3.208375791150595, "weighted_strike": 65.66666666666667, "avg_iv": 0.323761644, "max_voi": 2.5, "why": "calls cluster with 15 contracts traded, $22,355 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: $696,770 of estimated gross traded notional, puts \u00b7 22-45 days \u00b7 atm, 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/e46757a3-4ecb-47a5-926b-a22d8cd4e4ce/", "research_links": {"chart": "/terminal/e46757a3-4ecb-47a5-926b-a22d8cd4e4ce/", "report": "/terminal/e46757a3-4ecb-47a5-926b-a22d8cd4e4ce/report/", "factor": "/factors/ticker/e46757a3-4ecb-47a5-926b-a22d8cd4e4ce/", "insider": "/insider-activity/company/wbs/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}