{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "XLE", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 39.97, "avg_conviction_label": "40.0", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "XLE", "leader_score": "40", "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": [], "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": "XLE", "name": "SELECT SECTOR SPDR TRUST STATE STREET ENERGY SELECT SECTOR SPDR E", "exchange": "NYSEARCA", "country": "US", "currency": "USD", "sector": "", "industry": "", "sector_url": "", "industry_url": "", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 39.97, "options_pressure_score": 24.06, "trend_confirmation_score": 70.28, "speculation_score": 40.34, "volatility_score": 27.18, "edge_label": "Call-side pressure", "insight": "XLE shows bullish options pressure with a 40/100 conviction score, put-call volume ratio of 0.53, expected move of 2.6%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-03T08:02:04.812308+00:00", "snapshot": {"fetched_at": "2026-08-03T08:02:04.812308+00:00", "underlying_price": 59.55, "total_contracts": 1668, "call_contracts": 834, "put_contracts": 834, "call_volume": 41569, "put_volume": 22147, "call_open_interest": 1704126, "put_open_interest": 2616060, "put_call_volume_ratio": 0.53277683, "put_call_open_interest_ratio": 1.53513297, "volume_open_interest_ratio": 0.01474844, "avg_implied_volatility": 0.2380425, "max_pain_strike": 59.0, "expected_move_percent": 2.62804366, "nearest_expiration": "2026-08-07"}, "market": {"latest_close": 59.55, "one_week_change": -0.11741026501174102, "one_week_change_label": "-0.1%", "relative_strength": 8.534391, "fair_value_gap_label": "+33.1%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "+0.9%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}, {"label": "Trend agreement", "value": "70", "detail": "Options positioning and Sharemaestro trend context are aligned."}], "intent": {"slug": "call-heavy-activity-with-trend-alignment", "label": "Call-heavy activity with trend alignment", "tone": "positive", "confidence": 78.6, "confidence_label": "79/100", "summary": "Call concentration and the underlying trend align, but aggregate volume cannot establish whether calls were bought or sold.", "evidence": [{"label": "Notional split", "value": "C 73% / P 27%", "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": "70/100", "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": "Bullish flow before price confirmation", "tone": "positive", "score": 18.4, "score_label": "18/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+24"}, {"label": "1W price", "value": "-0.1%"}, {"label": "Call premium", "value": "73%"}, {"label": "Put premium", "value": "27%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 12692, "open_interest": 98082, "premium": 1624792.5, "premium_label": "$1.6M", "premium_share": 16.332708908579885, "weighted_strike": 60.04152221872045, "avg_iv": 0.2603975, "max_voi": 3.65796345, "why": "calls cluster with 12692 contracts traded, $1.6M estimated gross traded notional, and 16% of visible notional."}, {"label": "Puts \u00b7 91+ days \u00b7 OTM", "tone": "negative", "volume": 3528, "open_interest": 342270, "premium": 1111853.5, "premium_label": "$1.1M", "premium_share": 11.176553045687818, "weighted_strike": 52.9546485260771, "avg_iv": 0.26997629629629627, "max_voi": 2.37536657, "why": "puts cluster with 3528 contracts traded, $1.1M estimated gross traded notional, and 11% of visible notional."}, {"label": "Calls \u00b7 0-7 days \u00b7 ITM", "tone": "positive", "volume": 2497, "open_interest": 7495, "premium": 915239.5, "premium_label": "$915240", "premium_share": 9.200153456600889, "weighted_strike": 56.106327593111736, "avg_iv": 0.27462875, "max_voi": 9.01716738, "why": "calls cluster with 2497 contracts traded, $915240 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 1034, "open_interest": 109981, "premium": 865980.0, "premium_label": "$865980", "premium_share": 8.704988028103285, "weighted_strike": 51.518375241779495, "avg_iv": 0.289261875, "max_voi": 22.57142857, "why": "calls cluster with 1034 contracts traded, $865980 estimated gross traded notional, and 9% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 897, "open_interest": 61723, "premium": 816447.5, "premium_label": "$816448", "premium_share": 8.20707835409, "weighted_strike": 51.600891861761426, "avg_iv": 0.28873857142857146, "max_voi": 13.0, "why": "calls cluster with 897 contracts traded, $816448 estimated gross traded notional, and 8% of visible notional."}], "why_this_matters": "Call-heavy activity with trend alignment matters because it connects the options headline to the actual evidence: $9.9M of estimated gross traded notional, calls \u00b7 8-21 days \u00b7 atm, and a bullish flow before price confirmation 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/8b40c7c6-a3c7-4d0b-8d87-648db5deb3e1/", "research_links": {"chart": "/terminal/8b40c7c6-a3c7-4d0b-8d87-648db5deb3e1/", "report": "", "factor": ""}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}