{"latest_run": "2026-09-18T20:50:00.030366+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "WELL", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 39.71, "avg_conviction_label": "39.7", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "WELL", "leader_score": "40", "leader_direction": "mixed", "leader_direction_label": "Mixed", "leader_tone": "neutral", "leader_read": "The strongest current read is mixed, so the options tape is not giving a clean direction yet."}, "charts": {"sectors": [{"ticker__sector": "Real Estate", "count": 1, "avg_score": "39.71", "sector_label": "Real Estate", "industry_label": "", "sector_url": "/structure/us/real-estate/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "mixed", "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": 0, "url": "/options/conviction/40-59/", "bar_width": 0.0}, {"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": 1, "url": "/options/conviction/under-40/", "bar_width": 100.0}]}, "signals": [{"symbol": "WELL", "name": "Welltower Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Real Estate", "industry": "Reit - Healthcare Facilities", "sector_url": "https://sharemaestro.com/structure/us/real-estate/", "industry_url": "https://sharemaestro.com/structure/us/real-estate/reit-healthcare-facilities/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 39.71, "options_pressure_score": -3.55, "trend_confirmation_score": 96.68, "speculation_score": 40.99, "volatility_score": 40.6, "edge_label": "Options-market disagreement", "insight": "WELL shows mixed options pressure with a 40/100 conviction score, put-call volume ratio of 1.10, expected move of 6.2%, and Sharemaestro trend signal active.", "fetched_at": "2026-09-19T13:09:43.110015+00:00", "snapshot": {"fetched_at": "2026-09-19T13:09:43.110015+00:00", "underlying_price": 235.62, "total_contracts": 684, "call_contracts": 342, "put_contracts": 342, "call_volume": 757, "put_volume": 830, "call_open_interest": 19469, "put_open_interest": 17771, "put_call_volume_ratio": 1.09643329, "put_call_open_interest_ratio": 0.91278443, "volume_open_interest_ratio": 0.04261547, "avg_implied_volatility": 0.22828625, "max_pain_strike": 240.0, "expected_move_percent": 6.15397674, "nearest_expiration": "2026-10-16"}, "market": {"latest_close": 228.87, "one_week_change": -2.8647822765469826, "one_week_change_label": "-2.9%", "relative_strength": 2.782385, "fair_value_gap_label": "+55.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-1.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Priced move", "value": "6.2%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "97", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "put-heavy-activity", "label": "Put-heavy activity", "tone": "negative", "confidence": 64.5, "confidence_label": "64/100", "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 17% / P 83%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.04", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "97/100", "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": "No clean flow/price divergence", "tone": "neutral", "score": 17.6, "score_label": "18/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-4"}, {"label": "1W price", "value": "-2.9%"}, {"label": "Call premium", "value": "17%"}, {"label": "Put premium", "value": "83%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 289, "open_interest": 11146, "premium": 372025.0, "premium_label": "$372,025", "premium_share": 40.65938089323313, "weighted_strike": 218.89273356401384, "avg_iv": 0.3100467777777778, "max_voi": 0.36363636, "why": "puts cluster with 289 contracts traded, $372,025 estimated gross traded notional, and 41% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 ATM", "tone": "negative", "volume": 336, "open_interest": 625, "premium": 280570.0, "premium_label": "$280,570", "premium_share": 30.664074987472397, "weighted_strike": 233.86904761904762, "avg_iv": 0.22463, "max_voi": 1.05102041, "why": "puts cluster with 336 contracts traded, $280,570 estimated gross traded notional, and 31% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ATM", "tone": "negative", "volume": 46, "open_interest": 283, "premium": 66255.0, "premium_label": "$66,255", "premium_share": 7.241145839879473, "weighted_strike": 237.6086956521739, "avg_iv": 0.2612125, "max_voi": 0.0, "why": "puts cluster with 46 contracts traded, $66,255 estimated gross traded notional, and 7% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ATM", "tone": "positive", "volume": 38, "open_interest": 561, "premium": 34720.0, "premium_label": "$34,720", "premium_share": 3.794620535214177, "weighted_strike": 233.68421052631578, "avg_iv": 0.2490175, "max_voi": 12.0, "why": "calls cluster with 38 contracts traded, $34,720 estimated gross traded notional, and 4% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 OTM", "tone": "positive", "volume": 553, "open_interest": 1380, "premium": 31007.0, "premium_label": "$31,007", "premium_share": 3.388819093761117, "weighted_strike": 250.39783001808317, "avg_iv": 0.22951, "max_voi": 0.6873385, "why": "calls cluster with 553 contracts traded, $31,007 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: $914,980 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 otm, and a no clean flow/price divergence 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/00e917ac-c5be-42a9-a8e2-3378cdaf2e84/", "research_links": {"chart": "/terminal/00e917ac-c5be-42a9-a8e2-3378cdaf2e84/", "report": "/terminal/00e917ac-c5be-42a9-a8e2-3378cdaf2e84/report/", "factor": "/factors/ticker/00e917ac-c5be-42a9-a8e2-3378cdaf2e84/", "insider": "/insider-activity/company/well/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}