{
  "coverage": {
    "trade_files_total": 8,
    "full_days_used": 3,
    "large_prints_total": 4700,
    "date_min": "2026-03-03",
    "date_max": "2026-03-06"
  },
  "bucket_counts": {
    "likely_directional": 2344,
    "likely_hedge": 1258,
    "unclear": 1098
  },
  "root_counts": {
    "SPX": 3031,
    "SPXW": 1120,
    "SPY": 549
  },
  "premium_by_bucket_M": {
    "likely_directional": 6009.77,
    "likely_hedge": 10548.36,
    "unclear": 10145.79
  },
  "daily_summary": [
    {
      "date": "2026-03-03",
      "es_ret_pct": -0.04027238778648312,
      "n_large_prints": 1642,
      "n_directional": 922,
      "n_hedge": 405,
      "n_unclear": 315,
      "directional_bull_prem_M": 839.628433,
      "directional_bear_prem_M": 1506.94704,
      "directional_net_prem_M": -667.318607,
      "hedge_total_prem_M": 2164.596136,
      "directional_share_pct": 56.1510353227771,
      "hedge_share_pct": 24.66504263093788
    },
    {
      "date": "2026-03-05",
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      "n_large_prints": 1074,
      "n_directional": 369,
      "n_hedge": 376,
      "n_unclear": 329,
      "directional_bull_prem_M": 285.750787,
      "directional_bear_prem_M": 689.359985,
      "directional_net_prem_M": -403.609198,
      "hedge_total_prem_M": 6365.507126,
      "directional_share_pct": 34.357541899441344,
      "hedge_share_pct": 35.00931098696462
    },
    {
      "date": "2026-03-06",
      "es_ret_pct": -0.373092977725241,
      "n_large_prints": 1984,
      "n_directional": 1053,
      "n_hedge": 477,
      "n_unclear": 454,
      "directional_bull_prem_M": 998.574208,
      "directional_bear_prem_M": 1689.51406,
      "directional_net_prem_M": -690.939852,
      "hedge_total_prem_M": 2018.254031,
      "directional_share_pct": 53.07459677419355,
      "hedge_share_pct": 24.04233870967742
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  ],
  "metrics": {
    "corr_spearman_directional_net_vs_es_ret": 0.5,
    "corr_p_value": 0.6666666666666667,
    "n_days_for_corr": 3
  }
}