{"latest_run": "2026-07-31T20:50:00.033648+00:00", "coverage_count": 6120, "result_count": 1, "page": 1, "pages": 1, "filters": {"q": "", "ticker": "ZTS", "sector": "", "industry": "", "direction": "", "min_score": 0, "page": 1}, "summary": {"total": 1, "avg_conviction": 33.33, "avg_conviction_label": "33.3", "bullish": 0, "bearish": 0, "volatility": 0, "mixed": 1, "leader": "ZTS", "leader_score": "33", "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": "Healthcare", "count": 1, "avg_score": "33.33", "sector_label": "Healthcare", "industry_label": "", "sector_url": "/structure/us/healthcare/", "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": 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": "ZTS", "name": "Zoetis Inc", "exchange": "NYSE", "country": "US", "currency": "USD", "sector": "Healthcare", "industry": "Drug Manufacturers - Specialty & Generic", "sector_url": "https://sharemaestro.com/structure/us/healthcare/", "industry_url": "https://sharemaestro.com/structure/us/healthcare/drug-manufacturers-specialty-generic/", "direction": "mixed", "direction_label": "Mixed", "tone": "neutral", "conviction_score": 33.33, "options_pressure_score": 6.08, "trend_confirmation_score": 53.5, "speculation_score": 40.35, "volatility_score": 79.88, "edge_label": "Options-market disagreement", "insight": "ZTS shows mixed options pressure with a 33/100 conviction score, put-call volume ratio of 0.96, expected move of 11.1%, and Sharemaestro trend signal inactive.", "fetched_at": "2026-08-02T02:28:41.395097+00:00", "snapshot": {"fetched_at": "2026-08-02T02:28:41.395097+00:00", "underlying_price": 77.29, "total_contracts": 490, "call_contracts": 245, "put_contracts": 245, "call_volume": 1141, "put_volume": 1099, "call_open_interest": 89763, "put_open_interest": 58274, "put_call_volume_ratio": 0.96319018, "put_call_open_interest_ratio": 0.64919844, "volume_open_interest_ratio": 0.01513135, "avg_implied_volatility": 0.569745, "max_pain_strike": 75.0, "expected_move_percent": 11.09457886, "nearest_expiration": "2026-08-21"}, "market": {"latest_close": 77.29, "one_week_change": 2.574651625746516, "one_week_change_label": "+2.6%", "relative_strength": -39.806917, "fair_value_gap_label": "-49.1%", "trend_signal": "0"}, "premium_flags": [{"label": "Priced move", "value": "11.1%", "detail": "Options are pricing a wider near-term move."}], "intent": {"slug": "earningsevent-positioning", "label": "Earnings/event positioning", "tone": "warning", "confidence": 80.2, "confidence_label": "80/100", "summary": "Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.", "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": "0.02", "detail": "Volume divided by open interest across the visible chain."}, {"label": "Trend fit", "value": "54/100", "detail": "Agreement between options pressure and Sharemaestro market context."}, {"label": "Event window", "value": "4 Aug", "detail": "Matched earnings event is 2 days away."}], "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": 17.7, "score_label": "18/100", "summary": "The options read is mixed, so divergence is not strong enough to classify.", "metrics": [{"label": "Options pressure", "value": "+6"}, {"label": "1W price", "value": "+2.6%"}, {"label": "Call premium", "value": "59%"}, {"label": "Put premium", "value": "41%"}]}, "conviction_clusters": [{"label": "Calls \u00b7 91+ days \u00b7 ITM", "tone": "positive", "volume": 96, "open_interest": 42785, "premium": 135165.0, "premium_label": "$135165", "premium_share": 19.005589962112555, "weighted_strike": 73.95833333333333, "avg_iv": 0.3554714705882353, "max_voi": 3.38461538, "why": "calls cluster with 96 contracts traded, $135165 estimated gross traded notional, and 19% of visible notional."}, {"label": "Calls \u00b7 91+ days \u00b7 OTM", "tone": "positive", "volume": 152, "open_interest": 24481, "premium": 123607.5, "premium_label": "$123608", "premium_share": 17.380486525667354, "weighted_strike": 92.03947368421052, "avg_iv": 0.40568617647058824, "max_voi": 9.0, "why": "calls cluster with 152 contracts traded, $123608 estimated gross traded notional, and 17% of visible notional."}, {"label": "Calls \u00b7 46-90 days \u00b7 OTM", "tone": "positive", "volume": 644, "open_interest": 10320, "premium": 110197.5, "premium_label": "$110198", "premium_share": 15.49490252543113, "weighted_strike": 88.9751552795031, "avg_iv": 0.5214685365853658, "max_voi": 0.75263952, "why": "calls cluster with 644 contracts traded, $110198 estimated gross traded notional, and 15% of visible notional."}, {"label": "Puts \u00b7 8-21 days \u00b7 OTM", "tone": "negative", "volume": 418, "open_interest": 11747, "premium": 78575.5, "premium_label": "$78576", "premium_share": 11.048523908319279, "weighted_strike": 70.80143540669856, "avg_iv": 0.6141671428571429, "max_voi": 0.0982575, "why": "puts cluster with 418 contracts traded, $78576 estimated gross traded notional, and 11% of visible notional."}, {"label": "Puts \u00b7 46-90 days \u00b7 OTM", "tone": "negative", "volume": 250, "open_interest": 22229, "premium": 69362.5, "premium_label": "$69362", "premium_share": 9.753081298761012, "weighted_strike": 70.74, "avg_iv": 0.42462428571428573, "max_voi": 0.18352941, "why": "puts cluster with 250 contracts traded, $69362 estimated gross traded notional, and 10% of visible notional."}], "why_this_matters": "Earnings/event positioning matters because it connects the options headline to the actual evidence: $711186 of estimated gross traded notional, calls \u00b7 91+ days \u00b7 itm, 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/41d60a13-a660-4aac-b968-f260cc88399b/", "research_links": {"chart": "/terminal/41d60a13-a660-4aac-b968-f260cc88399b/", "report": "/terminal/41d60a13-a660-4aac-b968-f260cc88399b/report/", "factor": "/factors/ticker/41d60a13-a660-4aac-b968-f260cc88399b/", "insider": "/insider-activity/company/zts/"}}], "disclaimer": "Educational market research only. Not financial, investment, trading, tax, or legal advice."}