{"latest_run": "2026-08-13T20:50:38.829406+00:00", "coverage_count": 6124, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "XEL", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 44.23, "avg_conviction_label": "44.2", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "XEL", "leader_score": "44", "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": "Utilities", "count": 1, "avg_score": "44.23", "sector_label": "Utilities", "industry_label": "", "sector_url": "/structure/us/utilities/", "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": 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": "XEL", "name": "Xcel Energy Inc", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Utilities", "industry": "Utilities - Regulated Electric", "sector_url": "https://sharemaestro.com/structure/us/utilities/", "industry_url": "https://sharemaestro.com/structure/us/utilities/utilities-regulated-electric/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 44.23, "options_pressure_score": -16.08, "trend_confirmation_score": 98.74, "speculation_score": 40.03, "volatility_score": 29.98, "edge_label": "Options-market disagreement", "insight": "XEL shows mixed options pressure with a 44/100 conviction score, put-call volume ratio of 1.09, expected move of 3.3%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-14T00:51:47.375348+00:00", "snapshot": {"fetched_at": "2026-08-14T00:51:47.375348+00:00", "underlying_price": 78.07, "total_contracts": 300, "call_contracts": 150, "put_contracts": 150, "call_volume": 47, "put_volume": 51, "call_open_interest": 17371, "put_open_interest": 59388, "put_call_volume_ratio": 1.08510638, "put_call_open_interest_ratio": 3.41880145, "volume_open_interest_ratio": 0.00127672, "avg_implied_volatility": 0.24170125, "max_pain_strike": 80.0, "expected_move_percent": 3.26629947, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 78.07, "one_week_change": -0.16624040920716113, "one_week_change_label": "-0.2%", "relative_strength": -11.833794, "fair_value_gap_label": "+20.3%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "-2.5%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"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": 64.8, "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 38% / P 62%", "detail": "Estimated gross traded notional uses volume \u00d7 contract multiplier \u00d7 midpoint, or last price when no valid midpoint is available."}, {"label": "Freshness", "value": "0.00", "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": "No clean flow/price divergence", "tone": "neutral", "score": 14.9, "score_label": "15/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "-16"}, {"label": "1W price", "value": "-0.2%"}, {"label": "Call premium", "value": "38%"}, {"label": "Put premium", "value": "62%"}]}, "conviction_clusters": [{"label": "Puts \u00b7 91+ days \u00b7 ATM", "tone": "negative", "volume": 9, "open_interest": 2396, "premium": 6390.0, "premium_label": "$6,390", "premium_share": 31.53219837157661, "weighted_strike": 80.0, "avg_iv": 0.26295714285714283, "max_voi": 9.0, "why": "puts cluster with 9 contracts traded, $6,390 estimated gross traded notional, and 32% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 13, "open_interest": 50488, "premium": 3785.0, "premium_label": "$3,785", "premium_share": 18.677522822600544, "weighted_strike": 66.15384615384616, "avg_iv": 0.33558018181818183, "max_voi": 0.15384615, "why": "puts cluster with 13 contracts traded, $3,785 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ATM", "tone": "positive", "volume": 19, "open_interest": 1562, "premium": 2707.5, "premium_label": "$2,708", "premium_share": 13.360473723168024, "weighted_strike": 80.0, "avg_iv": 0.18073, "max_voi": 0.01216389, "why": "calls cluster with 19 contracts traded, $2,708 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 3, "open_interest": 1913, "premium": 2445.0, "premium_label": "$2,445", "premium_share": 12.065136935603256, "weighted_strike": 75.0, "avg_iv": 0.10889054545454545, "max_voi": 0.6, "why": "calls cluster with 3 contracts traded, $2,445 estimated gross traded notional, and 12% of visible notional."}, {"label": "Puts \u00b7 22-45 days \u00b7 OTM", "tone": "negative", "volume": 22, "open_interest": 3508, "premium": 1547.5, "premium_label": "$1,548", "premium_share": 7.636318776215149, "weighted_strike": 74.31818181818181, "avg_iv": 0.4380375, "max_voi": 0.0114873, "why": "puts cluster with 22 contracts traded, $1,548 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: $20,265 of estimated gross traded notional, puts \u00b7 91+ days \u00b7 atm, 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/ffba05bf-7361-4c23-8e72-08b7ea3f70ae/", "research_links": {"chart": "/terminal/ffba05bf-7361-4c23-8e72-08b7ea3f70ae/", "report": "/terminal/ffba05bf-7361-4c23-8e72-08b7ea3f70ae/report/", "factor": "/factors/ticker/ffba05bf-7361-4c23-8e72-08b7ea3f70ae/", "insider": "/insider-activity/company/xel/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}