NEW Tour v251
CLF
CLEVELAND-CLIFFS INC
$9.42 +0.32%
$9.53 (+1.21%)🌙
as of 07/01 06:16 PM
7/1 18:16

Option Volume

Detail
Current (07/01) 39,947
Calls: 31,047 (78%)
Puts: 8,900 (22%)
Prior (06/30) 21,356
Calls: 15,314 (72%)
Puts: 6,042 (28%)
Current vs Prior +87.05%
Calls: +102.74% (Calls)
Puts: +47.30% (Puts)
Prior 7-Day Total 312,374
Calls: 232,930 (75%)
Puts: 79,444 (25%)
Prior 7-Day Average 44,624
Calls: 33,275 (75%)
Puts: 11,349 (25%)
Current vs Prior 7-Day Avg -10.48%
Calls: -6.70%
Puts: -21.58%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/01) $3.32M
Calls: $1.77M (53%)
Puts: $1.55M (47%)
Prior (06/30) $1.29M
Calls: $846.1K (66%)
Puts: $439.4K (34%)
Current vs Prior +158.06%
Calls: +109.24%
Puts: +252.07%
Prior 7-Day Total $23.29M
Calls: $15.77M (68%)
Puts: $7.53M (32%)
Prior 7-Day Average $3.33M
Calls: $2.25M (68%)
Puts: $1.08M (32%)
Current vs Prior 7-Day Avg -0.30%
Calls: -21.39%
Puts: +43.89%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/01) 0.29
Prior (06/30) 0.39
Current vs Prior -27.34%
Prior 7-Day Average 0.35
Current vs Prior 7-Day Avg -18.44%
Sentiment BULLISH

Open Interest

Detail
Current (07/01) 421,027
Calls: 334,035 (79%)
Puts: 86,992 (21%)
Prior (06/30) 429,067
Calls: 371,655 (87%)
Puts: 57,412 (13%)
Current vs Prior -1.87%
Prior 7-Day Total 3,101,303
Calls: 2,518,511 (81%)
Puts: 582,792 (19%)
Prior 7-Day Average 443,043
Calls: 359,787 (81%)
Puts: 83,256 (19%)
Current vs Prior 7-Day Avg -4.97%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 9.66% | 11.89%9.66% | 11.89%11.89% | 22.72%
Prior 5.11% | 9.37%-- | ---- | --
Current vs Prior -35.62% | +3.08%-- | ---- | --
Prior 7-Day Avg 7.23% | 10.59%-- | ---- | --
Current vs 7-Day Avg -54.47% | -8.78%-- | ---- | --
Prior 7-Day Eod 5.11% | 9.37%-- | ---- | --
Current vs 7-Day Eod -35.62% | +3.08%-- | ---- | --
Sentiment BULLISH----

Relative Spread

Detail
Expiry | Next
Current 10.05% | 12.29%
Calls: 8.11% | 11.76%
Puts: 12.00% | 12.82%
Prior 10.05% | 12.29%
Calls: 8.11% | 11.76%
Puts: 12.00% | 12.82%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 24.30% | 23.62%
Calls: 17.62% | 27.75%
Puts: 30.98% | 19.49%
Current vs 7-Day Avg -58.64% | -47.97%
Liquidity Expensive
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🤖 AI Insights

Massive premium surge with dollar volume up 158% vs prior. Above-average activity with volume up 87% vs prior. Extreme bullish P/C ratio of 0.29 - heavy call buying (31,047 calls vs 8,900 puts). P/C ratio dropping 27% - sentiment shifting bullish.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 8 of results (avg 8.2%, best 5.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.340.36$0.355.7%3350.386.8K
$9.00Jul 240.971.07$1.029.8%20.6417
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 240.520.56$0.547.4%610.37166
$9.50Jul 240.760.82$0.797.6%20.47--
$10.00Jul 170.870.94$0.917.7%2390.623.7K
$10.00Jul 241.061.16$1.119.0%40.57118
$10.50Jul 101.141.25$1.199.2%20.821.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 21 found (avg $0.61, cheapest $0.21)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 100.190.23$0.2119.0%3470.31754
$10.50Jul 170.200.24$0.2218.2%4.4K0.275.0K
$10.00Jul 170.340.36$0.355.7%3350.386.8K
$9.50Jul 170.500.57$0.5313.2%2170.51402
$10.00Jul 240.510.58$0.5413.0%8260.43233
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 240.200.23$0.2213.6%700.18369
$8.50Jul 240.330.38$0.3613.9%460.2751
$9.00Jul 170.350.39$0.3710.8%1590.355.2K
$9.00Jul 240.520.56$0.547.4%610.37166
$9.50Jul 170.540.64$0.5916.9%970.49490

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 33 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 20.861.23$1.0535.2%10.96--
$8.00Jul 101.351.60$1.4816.9%360.95--
$8.00Jul 21.341.65$1.5020.7%70.9321
$8.50Jul 100.811.47$1.1457.9%390.8750
$9.00Jul 20.290.58$0.4367.4%480.85545
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 21.411.72$1.5719.7%4951.00492
$10.50Jul 21.001.16$1.0814.8%30.97--
$11.00Jul 101.431.69$1.5616.7%50.89290
$10.00Jul 20.520.72$0.6232.3%1650.871.5K
$10.50Jul 101.141.25$1.199.2%20.821.4K

Most actively traded options today. High liquidity = easy entry/exit. 68 active (total vol 15.2K, top 4.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 170.200.24$0.2218.2%4.4K0.275.0K
$10.00Jul 20.020.06$0.04100.0%8920.152.7K
$10.00Jul 240.510.58$0.5413.0%8260.43233
$9.50Jul 20.110.15$0.1330.8%6540.461.2K
$9.00Jul 100.600.69$0.6513.8%3530.68360
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 170.070.12$0.1050.0%1.7K0.124.4K
$9.00Jul 20.020.05$0.0475.0%1.1K0.152.4K
$8.50Jul 100.080.10$0.0922.2%7110.171.2K
$11.00Jul 21.411.72$1.5719.7%4951.00492
$9.50Jul 20.110.25$0.1877.8%3450.55938

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 55.1%, max 199.4%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 2Jul 10232.4%77.6%199.4%4321
$11.00Jul 2Aug 7145.2%78.1%86.0%675.5K
$10.50Jul 2Aug 7131.7%78.4%67.9%281.3K
$8.50Jul 2Jul 31124.4%79.5%56.4%2--
$10.00Jul 2Aug 7108.1%77.7%39.1%9072.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Jul 2Jul 31145.2%82.3%76.4%496492
$10.50Jul 2Jul 31131.7%81.5%61.5%5--
$8.50Jul 2Jul 24124.4%82.5%50.7%93264
$10.00Jul 2Jul 31108.1%81.8%32.1%1721.8K
$9.00Jul 2Aug 795.0%78.5%21.0%1.2K2.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 34 found (best R:R 3.55, avg 1.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 10$0.11$0.39$0.113.55$10.11
$10.00$11.00Jul 24$0.25$0.75$0.253.00$10.25
$10.00$10.50Jul 17$0.13$0.37$0.132.85$10.13
$10.50$11.00Aug 7$0.13$0.37$0.132.85$10.63
$10.00$11.00Jul 31$0.29$0.71$0.292.45$10.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$8.00Jul 17$0.11$0.39$0.113.55$8.39
$9.00$8.50Jul 10$0.12$0.38$0.123.17$8.88
$9.50$9.00Jul 2$0.14$0.36$0.142.57$9.36
$8.50$8.00Jul 24$0.14$0.36$0.142.57$8.36
$9.00$8.50Jul 17$0.16$0.34$0.162.12$8.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 40 found (best R:R 3.55, avg 1.14)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$9.00Jul 17$0.39$0.39$0.113.55$8.89
$8.00$8.50Jul 10$0.34$0.34$0.162.13$8.34
$9.00$9.50Jul 2$0.30$0.30$0.201.50$9.30
$8.50$9.00Jul 24$0.30$0.30$0.201.50$8.80
$8.50$9.00Jul 31$0.28$0.28$0.221.27$8.78
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.50$10.00Jul 10$0.38$0.38$0.123.17$10.12
$11.00$10.50Jul 10$0.37$0.37$0.132.85$10.63
$11.00$10.00Jul 24$0.71$0.71$0.292.45$10.29
$10.50$10.00Jul 17$0.34$0.34$0.162.12$10.16
$10.00$9.50Jul 31$0.33$0.33$0.171.94$9.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.16, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 2Jul 10$0.08131.7%74.6%
$8.50Jul 2Jul 10$0.09124.4%65.9%
$10.00Jul 2Jul 10$0.17108.1%77.7%
$9.00Jul 2Jul 10$0.2295.0%61.8%
$9.50Jul 2Jul 10$0.2581.3%76.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 10Jul 17$0.0577.6%73.2%
$8.50Jul 2Jul 10$0.08124.4%65.9%
$10.50Jul 2Jul 10$0.11131.7%74.6%
$9.00Jul 2Jul 10$0.1795.0%61.8%
$10.00Jul 2Jul 10$0.19108.1%77.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 3.29% of stock, avg 14.81%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 2$0.13$0.18$0.31$9.19$9.813.29%
$9.00Jul 2$0.43$0.04$0.47$8.53$9.474.99%
$10.00Jul 2$0.04$0.62$0.66$9.34$10.667.01%
$9.00Jul 10$0.65$0.21$0.86$8.14$9.869.13%
$9.50Jul 10$0.38$0.53$0.91$8.59$10.419.66%
$10.00Jul 10$0.21$0.81$1.02$8.98$11.0210.83%
$8.50Jul 2$1.05$0.01$1.06$7.44$9.5611.25%
$10.50Jul 2$0.02$1.08$1.10$9.40$11.6011.68%
$9.50Jul 17$0.53$0.59$1.12$8.38$10.6211.89%
$9.00Jul 17$0.80$0.37$1.17$7.83$10.1712.42%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 45 found (cheapest 0.64% of stock, avg 7.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$9.00Jul 2$0.02$0.04$0.06$8.94$10.56
$10.00$9.00Jul 2$0.04$0.04$0.08$8.92$10.08
$11.00$8.00Jul 10$0.06$0.05$0.11$7.89$11.11
$10.50$8.00Jul 10$0.10$0.05$0.15$7.85$10.65
$11.00$8.50Jul 10$0.06$0.09$0.15$8.35$11.15
$9.50$9.00Jul 2$0.13$0.04$0.17$8.83$9.67
$10.50$8.50Jul 10$0.10$0.09$0.19$8.31$10.69
$11.00$8.00Jul 17$0.13$0.10$0.23$7.77$11.23
$10.00$8.00Jul 10$0.21$0.05$0.26$7.74$10.26
$11.00$9.00Jul 10$0.06$0.21$0.27$8.73$11.27

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 16 found (best R:R 3.55, avg credit $0.36)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/89/10Jul 24$0.39$0.113.55$8.11$9.39
9/1010/10Aug 7$0.39$0.113.55$9.11$10.39
8/89/10Jul 17$0.38$0.123.17$8.12$9.38
8/810/10Jul 24$0.37$0.132.85$8.13$9.87
9/1010/11Aug 7$0.36$0.142.57$9.14$10.86
9/1010/10Jul 17$0.35$0.152.33$9.15$10.35
8/910/10Jul 17$0.34$0.162.13$8.66$9.84
8/910/10Jul 10$0.29$0.211.38$8.71$9.79
8/810/10Jul 17$0.29$0.211.38$8.21$9.79
8/910/10Jul 17$0.29$0.211.38$8.71$10.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 24 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$9.50$10.00$10.50Jul 17$0.05$0.459.00
$9.50$10.00$10.50Jul 10$0.06$0.447.33
$9.50$10.00$10.50Aug 7$0.06$0.447.33
$9.50$10.00$10.50Jul 2$0.07$0.436.14
$10.00$10.50$11.00Jul 10$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 17$0.06$0.447.33
$8.50$9.00$9.50Jul 24$0.07$0.436.14
$9.00$9.50$10.00Jul 24$0.07$0.436.14
$8.00$8.50$9.00Jul 10$0.08$0.425.25
$10.00$10.50$11.00Jul 17$0.08$0.425.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 30 found (best net $-0.09, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Jul 31-$0.09$0.91
$10.00$10.501:2Jul 17-$0.09$0.41
$9.00$9.501:2Jul 10-$0.11$0.39
$8.50$9.001:2Jul 10-$0.16$0.34
$9.50$10.001:2Jul 17-$0.17$0.33
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Jul 24-$0.40$0.60
$8.50$8.001:2Jul 24-$0.08$0.42
$9.50$9.001:2Jul 17-$0.15$0.35
$10.50$10.001:2Jul 2-$0.16$0.34
$9.00$8.501:2Jul 24-$0.18$0.32

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 9.02%, avg 4.34%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.50Aug 7$0.850.550.8%9.02%9.87%3235
$9.50Jul 31$0.780.540.8%8.28%9.13%2756
$9.50Jul 24$0.720.540.8%7.64%8.49%3--
$10.00Aug 7$0.630.466.2%6.69%12.85%15122
$10.00Jul 31$0.610.466.2%6.48%12.63%2568
$10.00Jul 24$0.510.436.2%5.41%11.57%826233
$9.50Jul 17$0.500.510.8%5.31%6.16%217402
$10.50Aug 7$0.470.3911.5%4.99%16.45%112
$11.00Aug 7$0.360.3216.8%3.82%20.59%3844
$10.00Jul 17$0.340.386.2%3.61%9.77%3356.8K

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 31,047
Total Puts 8,900
Put/Call Ratio 0.29
Net Difference 22,147

Prior's Put/Call Breakdown

Total Calls 15,314
Total Puts 6,042
Put/Call Ratio 0.39
Net Difference 9,272

Prior 7-Day Put/Call Summary

Total Calls 232,930
Total Puts 79,444
Average Put/Call Ratio 0.35
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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