{"latest_run": "2026-08-12T20:50:00.030871+00:00", "coverage_count": 6123, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ZION", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 37.85, "avg_conviction_label": "37.9", "bullish": 1, "bearish": 0, "volatility": 0, "mixed": 0, "leader": "ZION", "leader_score": "38", "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": "Financial Services", "count": 1, "avg_score": "37.85", "sector_label": "Financial Services", "industry_label": "", "sector_url": "/structure/us/financial-services/", "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": "ZION", "name": "Zions Bancorporation", "exchange": "NASDAQ", "country": "US", "currency": "USD", "sector": "Financial Services", "industry": "Banks - Regional", "sector_url": "https://sharemaestro.com/structure/us/financial-services/", "industry_url": "https://sharemaestro.com/structure/us/financial-services/banks-regional/", "direction": "bullish", "direction_label": "Bullish", "tone": "positive", "conviction_score": 37.85, "options_pressure_score": 64.42, "trend_confirmation_score": 28.06, "speculation_score": 1.51, "volatility_score": 31.6, "edge_label": "Call-side pressure", "insight": "ZION shows bullish options pressure with a 38/100 conviction score, put-call volume ratio of 0.20, expected move of 3.4%, and Sharemaestro trend signal active.", "fetched_at": "2026-08-11T13:28:26.837166+00:00", "snapshot": {"fetched_at": "2026-08-11T13:28:26.837166+00:00", "underlying_price": 70.32, "total_contracts": 444, "call_contracts": 222, "put_contracts": 222, "call_volume": 106, "put_volume": 21, "call_open_interest": 16170, "put_open_interest": 19548, "put_call_volume_ratio": 0.19811321, "put_call_open_interest_ratio": 1.20890538, "volume_open_interest_ratio": 0.00355563, "avg_implied_volatility": 0.25633625, "max_pain_strike": 70.0, "expected_move_percent": 3.41296928, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 70.32, "one_week_change": 0.8895265423242468, "one_week_change_label": "+0.9%", "relative_strength": 4.415711, "fair_value_gap_label": "+44.8%", "trend_signal": "1"}, "premium_flags": [{"label": "Pin watch", "value": "+0.5%", "detail": "Underlying price is close to max pain, useful for expiry-week context."}], "intent": {"slug": "call-activity-against-legacy-put-oi", "label": "Call activity against legacy put OI", "tone": "positive", "confidence": 63.4, "confidence_label": "63/100", "summary": "Call activity is dominant while put open interest remains large but current put volume is not leading.", "evidence": [{"label": "Notional split", "value": "C 90% / P 10%", "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": "28/100", "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.", "Do not infer a hedge unwind without next-session open-interest changes and opening/closing data."]}, "flow_divergence": {"label": "Bullish flow before price confirmation", "tone": "positive", "score": 31.9, "score_label": "32/100", "summary": "Call-side pressure is building before a meaningful weekly price response.", "metrics": [{"label": "Options pressure", "value": "+64"}, {"label": "1W price", "value": "+0.9%"}, {"label": "Call premium", "value": "90%"}, {"label": "Put premium", "value": "10%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 8-21 days \u00b7 ATM", "tone": "positive", "volume": 55, "open_interest": 309, "premium": 6875.0, "premium_label": "$6,875", "premium_share": 31.763265494698423, "weighted_strike": 70.0, "avg_iv": 0.18073, "max_voi": 0.17799353, "why": "calls cluster with 55 contracts traded, $6,875 estimated gross traded notional, and 32% of visible notional."}, {"label": "Calls \u00b7 8-21 days \u00b7 ITM", "tone": "positive", "volume": 20, "open_interest": 408, "premium": 6250.0, "premium_label": "$6,250", "premium_share": 28.875695904271293, "weighted_strike": 67.5, "avg_iv": 0.01488, "max_voi": 0.05540166, "why": "calls cluster with 20 contracts traded, $6,250 estimated gross traded notional, and 29% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 ITM", "tone": "positive", "volume": 4, "open_interest": 356, "premium": 2750.0, "premium_label": "$2,750", "premium_share": 12.705306197879368, "weighted_strike": 65.0, "avg_iv": 0.11383142857142857, "max_voi": 0.01869159, "why": "calls cluster with 4 contracts traded, $2,750 estimated gross traded notional, and 13% of visible notional."}, {"label": "Calls \u00b7 22-45 days \u00b7 ITM", "tone": "positive", "volume": 2, "open_interest": 2292, "premium": 1230.0, "premium_label": "$1,230", "premium_share": 5.682736953960591, "weighted_strike": 65.0, "avg_iv": 0.06487875, "max_voi": 0.01639344, "why": "calls cluster with 2 contracts traded, $1,230 estimated gross traded notional, and 6% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 3, "open_interest": 4449, "premium": 835.0, "premium_label": "$835", "premium_share": 3.857792972810645, "weighted_strike": 78.33333333333333, "avg_iv": 0.25198652173913044, "max_voi": 0.00571429, "why": "calls cluster with 3 contracts traded, $835 estimated gross traded notional, and 4% of visible notional."}], "why_this_matters": "Call activity against legacy put OI matters because it connects the options headline to the actual evidence: $21,644 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/fca94c26-4e07-44fa-9945-198342b10e11/", "research_links": {"chart": "/terminal/fca94c26-4e07-44fa-9945-198342b10e11/", "report": "/terminal/fca94c26-4e07-44fa-9945-198342b10e11/report/", "factor": "/factors/ticker/fca94c26-4e07-44fa-9945-198342b10e11/", "insider": "/insider-activity/company/zion/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}