{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "WM", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 38.72, "avg_conviction_label": "38.7", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "WM", "leader_score": "39", "leader_direction": "bullish", "leader_direction_label": "Bullish", "leader_tone": "positive", "leader_read": "The strongest current read leans call-side, which is generally constructive if the chart also supports it."}, "charts": {"sectors": [{"ticker__sector": "Industrials", "count": 1, "avg_score": "38.72", "sector_label": "Industrials", "industry_label": "", "sector_url": "/structure/us/industrials/", "industry_url": "", "bar_width": 100.0}], "directions": [{"direction": "bullish", "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": "WM", "name": "Waste Management Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Industrials", "industry": "Waste Management", "sector_url": "https://sharemaestro.com/structure/us/industrials/", "industry_url": "https://sharemaestro.com/structure/us/industrials/waste-management/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 38.72, "options_pressure_score": 60.1, "trend_confirmation_score": 4.15, "speculation_score": 41.03, "volatility_score": 33.73, "edge_label": "Call-side pressure", "insight": "WM shows bullish options pressure with a 39/100 conviction score, put-call volume ratio of 0.30, expected move of 4.5%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T00:21:28.370782+00:00", "snapshot": {"fetched_at": "2026-08-02T00:21:28.370782+00:00", "underlying_price": 226.55, "total_contracts": 634, "call_contracts": 317, "put_contracts": 317, "call_volume": 1117, "put_volume": 330, "call_open_interest": 21402, "put_open_interest": 11223, "put_call_volume_ratio": 0.2954342, "put_call_open_interest_ratio": 0.52439024, "volume_open_interest_ratio": 0.04435249, "avg_implied_volatility": 0.22462875, "max_pain_strike": 230.0, "expected_move_percent": 4.50231737, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 226.55, "one_week_change": -5.109947643979058, "one_week_change_label": "-5.1%", "relative_strength": -6.216465, "fair_value_gap_label": "+9.8%", "trend_signal": "0"}, "premium_flags": [{"label": "Persistent pressure", "value": "2x", "detail": "Bullish pressure has repeated across recent market sessions."}, {"label": "Pin watch", "value": "-1.5%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend conflict", "value": "4", "detail": "Options positioning is not confirming the underlying trend context."}], "intent": {"slug": "multi-expiry-position-maintenance-candidate", "label": "Multi-expiry position-maintenance candidate", "tone": "neutral", "confidence": 67.2, "confidence_label": "67/100", "summary": "Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.", "evidence": [{"label": "Notional split", "value": "C 87% / P 13%", "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": "4/100", "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.", "Roll detection is conservative because opening and closing legs are not directly observable in this snapshot."]}, "flow_divergence": {"label": "Bullish flow against weak price", "tone": "warning", "score": 49.8, "score_label": "50/100", "summary": "Options are leaning call-side while the stock is down on the week, a divergence that needs price confirmation.", "metrics": [{"label": "Options pressure", "value": "+60"}, {"label": "1W price", "value": "-5.1%"}, {"label": "Call premium", "value": "87%"}, {"label": "Put premium", "value": "13%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 92, "open_interest": 813, "premium": 744260.0, "premium_label": "$744260", "premium_share": 57.7609315508204, "weighted_strike": 147.5, "avg_iv": 0.341699, "max_voi": 0.15384615, "why": "calls cluster with 92 contracts traded, $744260 estimated gross traded notional, and 58% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 22, "open_interest": 2265, "premium": 97405.0, "premium_label": "$97405", "premium_share": 7.559459782478786, "weighted_strike": 195.0, "avg_iv": 0.14495746031746032, "max_voi": 0.25, "why": "calls cluster with 22 contracts traded, $97405 estimated gross traded notional, and 8% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 584, "open_interest": 5822, "premium": 77185.5, "premium_label": "$77186", "premium_share": 5.990253919619284, "weighted_strike": 249.263698630137, "avg_iv": 0.2220464705882353, "max_voi": 0.43018563, "why": "calls cluster with 584 contracts traded, $77186 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ATM", "tone": "positive", "volume": 44, "open_interest": 987, "premium": 67260.0, "premium_label": "$67260", "premium_share": 5.219950361578185, "weighted_strike": 230.0, "avg_iv": 0.225606, "max_voi": 0.14634146, "why": "calls cluster with 44 contracts traded, $67260 estimated gross traded notional, and 5% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 78, "open_interest": 4047, "premium": 60072.5, "premium_label": "$60072", "premium_share": 4.66213898447674, "weighted_strike": 201.98717948717947, "avg_iv": 0.2758465, "max_voi": 6.0, "why": "puts cluster with 78 contracts traded, $60072 estimated gross traded notional, and 5% of visible notional."}], "why_this_matters": "Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $1.3M of estimated gross traded notional, calls \u00b7 46-90 days \u00b7 itm, and a bullish flow against weak 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/b2885e9f-53c2-4c63-b8a0-319c1913a3ae/", "research_links": {"chart": "/terminal/b2885e9f-53c2-4c63-b8a0-319c1913a3ae/", "report": "/terminal/b2885e9f-53c2-4c63-b8a0-319c1913a3ae/report/", "factor": "/factors/ticker/b2885e9f-53c2-4c63-b8a0-319c1913a3ae/", "insider": "/insider-activity/company/wm/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}