Tour v303
CLF
CLEVELAND-CLIFFS INC
$9.51 -0.31%
$9.49 (-0.21%)🌙
as of 07/08 06:19 PM
7/8 18:19

Option Volume

Detail
Current (07/08) 37,137
Calls: 30,064 (81%)
Puts: 7,073 (19%)
Prior (07/07) 55,079
Calls: 50,902 (92%)
Puts: 4,177 (8%)
Current vs Prior -32.58%
Calls: -40.94% (Calls)
Puts: +69.33% (Puts)
Prior 7-Day Total 291,057
Calls: 218,240 (75%)
Puts: 72,817 (25%)
Prior 7-Day Average 41,579
Calls: 31,177 (75%)
Puts: 10,402 (25%)
Current vs Prior 7-Day Avg -10.68%
Calls: -3.57%
Puts: -32.01%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/08) $1.54M
Calls: $1.05M (68%)
Puts: $491.3K (32%)
Prior (07/07) $2.83M
Calls: $2.53M (89%)
Puts: $301.5K (11%)
Current vs Prior -45.48%
Calls: -58.41%
Puts: +62.95%
Prior 7-Day Total $19.50M
Calls: $12.82M (66%)
Puts: $6.68M (34%)
Prior 7-Day Average $2.79M
Calls: $1.83M (66%)
Puts: $954.7K (34%)
Current vs Prior 7-Day Avg -44.64%
Calls: -42.61%
Puts: -48.54%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/08) 0.24
Prior (07/07) 0.08
Current vs Prior +186.70%
Prior 7-Day Average 0.36
Current vs Prior 7-Day Avg -35.06%
Sentiment BULLISH

Open Interest

Detail
Current (07/08) 454,261
Calls: 362,115 (80%)
Puts: 92,146 (20%)
Prior (07/07) 444,978
Calls: 366,501 (82%)
Puts: 78,477 (18%)
Current vs Prior +2.09%
Prior 7-Day Total 3,144,134
Calls: 2,550,579 (81%)
Puts: 593,555 (19%)
Prior 7-Day Average 449,162
Calls: 364,368 (81%)
Puts: 84,793 (19%)
Current vs Prior 7-Day Avg +1.14%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 4.84% | 9.25%9.25% | 23.03%
Prior 5.45% | 10.27%10.27% | 22.75%
Current vs Prior -11.26% | -9.92%-9.92% | +1.24%
Prior 7-Day Avg 5.87% | 10.47%12.04% | 22.81%
Current vs 7-Day Avg -17.62% | -11.61%-23.13% | +0.95%
Prior 7-Day Eod 5.45% | 10.27%-- | --
Current vs 7-Day Eod -11.26% | -9.92%-- | --
Sentiment BULLISHBULLISH

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 11.74% | 15.71%
Calls: 10.08% | 16.46%
Puts: 13.42% | 14.96%
Current vs 7-Day Avg -14.43% | -21.76%
Liquidity Expensive
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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($1.05M). Extreme bullish P/C ratio of 0.24 - heavy call buying (30,064 calls vs 7,073 puts). P/C ratio rising 187% - increased hedging/bearish positioning. Call-heavy open interest (362,115 calls vs 92,146 puts) suggests bullish positioning.

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 20 of results (avg 7.6%, best 4.7%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.840.88$0.864.7%1530.483.9K
$9.00Aug 211.291.36$1.335.3%890.634.4K
$8.00Jul 171.501.60$1.556.5%50.92286
$9.00Jul 170.700.75$0.736.8%4510.711.9K
$8.00Jul 101.431.54$1.497.4%80.9346
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 311.771.87$1.825.5%20.7160
$11.00Aug 71.831.96$1.906.8%10.6980
$9.50Jul 170.410.44$0.437.0%1230.472.0K
$8.00Aug 210.380.41$0.407.5%3600.231.7K
$10.00Aug 211.281.38$1.337.5%70.523.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 27 found (avg $0.61, cheapest $0.07)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 100.060.07$0.0714.3%7320.202.8K
$10.50Jul 170.120.14$0.1315.4%1930.223.0K
$10.00Jul 170.230.27$0.2516.0%3280.367.4K
$10.50Jul 240.350.42$0.3917.9%70.3476
$9.50Jul 170.430.47$0.458.9%4640.531.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 70.280.32$0.3013.3%30.2017
$8.00Aug 210.380.41$0.407.5%3600.231.7K
$9.50Jul 170.410.44$0.437.0%1230.472.0K
$8.50Aug 70.420.51$0.4719.1%200.2824
$9.00Aug 70.610.71$0.6615.2%10.37--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.71, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 100.861.06$0.9620.8%30.9566
$8.00Jul 101.431.54$1.497.4%80.9346
$8.00Jul 171.501.60$1.556.5%50.92286
$8.50Jul 170.821.15$0.9833.7%60.85154
$8.00Jul 241.321.85$1.5933.3%20.8326
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 101.321.88$1.6035.0%100.98338
$10.50Jul 100.981.10$1.0411.5%1.1K0.932.1K
$11.00Jul 171.431.80$1.6222.8%70.876.5K
$10.00Jul 100.530.68$0.6124.6%2890.79609
$10.50Jul 171.051.53$1.2937.2%220.781.7K

Most actively traded options today. High liquidity = easy entry/exit. 79 active (total vol 14.1K, top 2.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 240.230.29$0.2623.1%2.7K0.26397
$9.50Jul 310.760.86$0.8112.3%1.1K0.54107
$10.00Jul 100.060.07$0.0714.3%7320.202.8K
$9.50Jul 100.200.25$0.2321.7%6690.511.7K
$9.50Jul 170.430.47$0.458.9%4640.531.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 100.981.10$1.0411.5%1.1K0.932.1K
$9.00Jul 170.170.22$0.2025.0%9820.295.6K
$10.00Jul 240.981.07$1.028.8%9270.57131
$9.50Jul 100.200.26$0.2326.1%9040.491.4K
$8.00Aug 210.380.41$0.407.5%3600.231.7K

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 24.1%, max 99.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 10Aug 21159.0%79.9%99.1%12106
$11.00Jul 10Aug 2197.8%81.3%20.3%34228.7K
$8.50Jul 10Aug 796.2%84.8%13.4%469
$10.50Jul 10Aug 793.3%85.0%9.8%1052.5K
$9.00Jul 10Aug 2184.5%80.0%5.6%1745.4K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 10Aug 21159.0%79.9%99.1%3762.0K
$11.00Jul 10Aug 2197.8%81.3%20.3%60903
$10.50Jul 10Aug 1493.3%81.2%14.9%1.1K2.2K
$8.50Jul 10Aug 796.2%84.8%13.4%2582.2K
$9.50Jul 10Aug 1483.0%78.3%6.1%9071.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 47 found (best R:R 4.00, avg 1.46)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$10.50Jul 17$0.12$0.38$0.123.17$10.12
$10.00$10.50Jul 24$0.13$0.37$0.132.85$10.13
$10.50$11.00Jul 24$0.13$0.37$0.132.85$10.63
$10.50$11.00Aug 7$0.14$0.36$0.142.57$10.64
$10.00$11.00Jul 31$0.30$0.70$0.302.33$10.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.00$8.50Jul 17$0.10$0.40$0.104.00$8.90
$8.50$8.00Jul 24$0.13$0.37$0.132.85$8.37
$8.50$8.00Jul 31$0.15$0.35$0.152.33$8.35
$9.00$8.50Jul 31$0.16$0.34$0.162.12$8.84
$9.50$9.00Jul 10$0.17$0.33$0.171.94$9.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 4.00, avg 1.17)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$9.00Jul 10$0.40$0.40$0.104.00$8.90
$8.50$9.00Aug 7$0.36$0.36$0.142.57$8.86
$9.00$9.50Jul 10$0.33$0.33$0.171.94$9.33
$8.50$9.00Jul 31$0.32$0.32$0.181.78$8.82
$8.00$8.50Jul 24$0.30$0.30$0.201.50$8.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$9.50Jul 10$0.38$0.38$0.123.17$9.62
$11.00$10.00Jul 24$0.76$0.76$0.243.17$10.24
$11.00$10.00Aug 7$0.71$0.71$0.292.45$10.29
$11.00$10.00Jul 31$0.70$0.70$0.302.33$10.30
$11.00$10.00Aug 21$0.67$0.67$0.332.03$10.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.15, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 10Jul 17$0.06159.0%82.1%
$11.00Jul 10Jul 17$0.0697.8%77.5%
$10.50Jul 10Jul 17$0.1193.3%74.7%
$9.00Jul 10Jul 17$0.1784.5%69.6%
$10.00Jul 10Jul 17$0.1884.1%74.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 10Jul 17$0.0896.2%75.3%
$9.00Jul 10Jul 17$0.1484.5%69.6%
$10.00Jul 10Jul 17$0.1484.1%74.2%
$9.50Jul 10Jul 17$0.2083.0%73.1%
$10.50Jul 10Jul 17$0.2593.3%74.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 35 found (cheapest 4.84% of stock, avg 16.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 10$0.23$0.23$0.46$9.04$9.964.84%
$9.00Jul 10$0.56$0.06$0.62$8.38$9.626.52%
$10.00Jul 10$0.07$0.61$0.68$9.32$10.687.15%
$9.50Jul 17$0.45$0.43$0.88$8.62$10.389.25%
$9.00Jul 17$0.73$0.20$0.93$8.07$9.939.78%
$8.50Jul 10$0.96$0.02$0.98$7.52$9.4810.30%
$10.00Jul 17$0.25$0.75$1.00$9.00$11.0010.52%
$10.50Jul 10$0.02$1.04$1.06$9.44$11.5611.15%
$8.50Jul 17$0.98$0.10$1.08$7.42$9.5811.36%
$10.50Jul 17$0.13$1.29$1.42$9.08$11.9214.93%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 58 found (cheapest 0.42% of stock, avg 8.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$8.50Jul 10$0.02$0.02$0.04$8.46$10.54
$10.50$8.00Jul 10$0.02$0.03$0.05$7.95$10.55
$10.50$9.00Jul 10$0.02$0.06$0.08$8.92$10.58
$10.00$8.50Jul 10$0.07$0.02$0.09$8.41$10.09
$10.00$8.00Jul 10$0.07$0.03$0.10$7.90$10.10
$11.00$8.00Jul 17$0.07$0.05$0.12$7.88$11.12
$10.00$9.00Jul 10$0.07$0.06$0.13$8.87$10.13
$11.00$8.50Jul 17$0.07$0.10$0.17$8.33$11.17
$10.50$8.00Jul 17$0.13$0.05$0.18$7.82$10.68
$10.50$8.50Jul 17$0.13$0.10$0.23$8.27$10.73

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 24 found (best R:R 3.55, avg credit $0.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/89/10Jul 24$0.39$0.113.55$8.11$9.39
9/1010/11Aug 7$0.39$0.113.55$9.11$10.89
8/910/10Jul 24$0.38$0.123.17$8.62$9.88
9/1010/10Jul 24$0.37$0.132.85$9.13$10.37
9/1010/11Jul 24$0.37$0.132.85$9.13$10.87
8/910/11Aug 21$0.72$0.282.57$8.28$10.72
9/1010/10Jul 17$0.35$0.152.33$9.15$10.35
8/910/10Jul 31$0.35$0.152.33$8.65$9.85
8/810/10Jul 31$0.34$0.162.13$8.16$9.84
8/810/10Jul 24$0.34$0.162.12$8.16$9.84

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$9.00$9.50$10.00Jul 24$0.05$0.459.00
$10.00$10.50$11.00Jul 17$0.06$0.447.33
$8.50$9.00$9.50Jul 31$0.06$0.447.33
$8.50$9.00$9.50Jul 10$0.07$0.436.14
$9.00$9.50$10.00Jul 31$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$9.50$10.00$10.50Jul 10$0.05$0.459.00
$9.00$9.50$10.00Jul 24$0.05$0.459.00
$8.50$9.00$9.50Aug 7$0.06$0.447.33
$8.00$9.00$10.00Aug 21$0.13$0.876.69
$8.50$9.00$9.50Jul 24$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 41 found (best net $--, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 14-$0.14$0.86
$10.00$11.001:2Aug 21-$0.22$0.78
$9.00$10.001:2Aug 21-$0.39$0.61
$10.50$11.001:2Jul 24-$0.13$0.37
$8.50$9.001:2Jul 10-$0.16$0.34
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 21$0.00$1.00
$11.00$10.001:2Jul 24-$0.26$0.74
$10.00$9.001:2Aug 21-$0.27$0.73
$11.00$10.001:2Jul 31-$0.42$0.58
$11.00$10.001:2Aug 7-$0.48$0.52

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 15 found (best yield 8.83%, avg 3.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.840.485.2%8.83%13.99%1533.9K
$10.00Aug 14$0.690.475.2%7.26%12.41%2--
$10.00Jul 31$0.580.445.2%6.10%11.25%7646
$11.00Aug 21$0.520.3515.7%5.47%21.14%31627.0K
$10.50Aug 7$0.490.3810.4%5.15%15.56%1--
$10.00Jul 24$0.460.435.2%4.84%9.99%1711.4K
$11.00Aug 14$0.380.3215.7%4.00%19.66%218
$11.00Aug 7$0.360.3115.7%3.79%19.45%1099
$10.50Jul 24$0.350.3410.4%3.68%14.09%776
$11.00Jul 31$0.290.2815.7%3.05%18.72%7--

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 30,064
Total Puts 7,073
Put/Call Ratio 0.24
Net Difference 22,991

Prior's Put/Call Breakdown

Total Calls 50,902
Total Puts 4,177
Put/Call Ratio 0.08
Net Difference 46,725

Prior 7-Day Put/Call Summary

Total Calls 218,240
Total Puts 72,817
Average Put/Call Ratio 0.36
Ratio Trend Rising

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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