{"latest_run": "2026-07-30T20:50:00.022982+00:00", "coverage_count": 6116, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "WEX", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 48.35, "avg_conviction_label": "48.4", "bullish": 0, "bearish": 1, "volatility": 0, "mixed": 0, "leader": "WEX", "leader_score": "48", "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": "Technology", "count": 1, "avg_score": "48.35", "sector_label": "Technology", "industry_label": "", "sector_url": "/structure/us/technology/", "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": "WEX", "name": "Wex Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Technology", "industry": "Software - Infrastructure", "sector_url": "https://sharemaestro.com/structure/us/technology/", "industry_url": "https://sharemaestro.com/structure/us/technology/software-infrastructure/", "direction": "bearish", "direction_label": "Bearish", "tone": "negative", "conviction_score": 48.35, "options_pressure_score": -27.69, "trend_confirmation_score": 98.83, "speculation_score": 20.2, "volatility_score": 65.74, "edge_label": "Put-side pressure", "insight": "WEX shows bearish options pressure with a 48/100 conviction score, put-call volume ratio of 1.68, expected move of 9.6%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-07-31T06:04:17.335998+00:00", "snapshot": {"fetched_at": "2026-07-31T06:04:17.335998+00:00", "underlying_price": 176.15, "total_contracts": 248, "call_contracts": 124, "put_contracts": 124, "call_volume": 19, "put_volume": 32, "call_open_interest": 2724, "put_open_interest": 3224, "put_call_volume_ratio": 1.68421053, "put_call_open_interest_ratio": 1.1835536, "volume_open_interest_ratio": 0.00857431, "avg_implied_volatility": 0.38925875, "max_pain_strike": 165.0, "expected_move_percent": 9.62248084, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 176.15, "one_week_change": 7.212416311625076, "one_week_change_label": "+7.2%", "relative_strength": 4.707134, "fair_value_gap_label": "+1.9%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bearish pressure has repeated across recent market sessions."}, {"label": "Priced move", "value": "9.6%", "detail": "Options are pricing a wider near-term move."}, {"label": "Trend agreement", "value": "99", "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": "65/100", "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 59% / P 41%", "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": "99/100", "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": 37.7, "score_label": "38/100", "summary": "Put-side pressure is building while price is rising, a cautionary divergence.", "metrics": [{"label": "Options pressure", "value": "-28"}, {"label": "1W price", "value": "+7.2%"}, {"label": "Call premium", "value": "59%"}, {"label": "Put premium", "value": "41%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 OTM", "tone": "positive", "volume": 18, "open_interest": 58, "premium": 12875.0, "premium_label": "$12875", "premium_share": 40.65361540890433, "weighted_strike": 185.83333333333334, "avg_iv": 0.3183933333333333, "max_voi": 0.5862069, "why": "calls cluster with 18 contracts traded, $12875 estimated gross traded notional, and 41% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 ITM", "tone": "negative", "volume": 8, "open_interest": 2, "premium": 5985.0, "premium_label": "$5985", "premium_share": 18.89801073571203, "weighted_strike": 186.875, "avg_iv": 0.5005022222222222, "max_voi": 2.5, "why": "puts cluster with 8 contracts traded, $5985 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 1, "open_interest": 861, "premium": 5865.0, "premium_label": "$5865", "premium_share": 18.519103252289234, "weighted_strike": 130.0, "avg_iv": 0.3490732558139535, "max_voi": 0.5, "why": "calls cluster with 1 contracts traded, $5865 estimated gross traded notional, and 19% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 19, "open_interest": 2160, "premium": 3590.0, "premium_label": "$3590", "premium_share": 11.335648879065362, "weighted_strike": 165.26315789473685, "avg_iv": 0.6027984210526316, "max_voi": 0.33333333, "why": "puts cluster with 19 contracts traded, $3590 estimated gross traded notional, and 11% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 ITM", "tone": "negative", "volume": 2, "open_interest": 10, "premium": 2390.0, "premium_label": "$2390", "premium_share": 7.546574044837386, "weighted_strike": 190.0, "avg_iv": 0.40371714285714283, "max_voi": 0.5, "why": "puts cluster with 2 contracts traded, $2390 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Put-heavy activity matters because it connects the options headline to the actual evidence: $31670 of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 otm, 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/ff7aa6b8-8d6d-458e-8e6b-12199c358cdb/", "research_links": {"chart": "/terminal/ff7aa6b8-8d6d-458e-8e6b-12199c358cdb/", "report": "/terminal/ff7aa6b8-8d6d-458e-8e6b-12199c358cdb/report/", "factor": "/factors/ticker/ff7aa6b8-8d6d-458e-8e6b-12199c358cdb/", "insider": "/insider-activity/company/wex/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}