Tour v309
CLF
CLEVELAND-CLIFFS INC
$9.40 +0.00%
7/10 18:18

Option Volume

Detail
Current (07/10) 27,212
Calls: 23,004 (85%)
Puts: 4,208 (15%)
Prior (07/09) 43,518
Calls: 34,923 (80%)
Puts: 8,595 (20%)
Current vs Prior -37.47%
Calls: -34.13% (Calls)
Puts: -51.04% (Puts)
Prior 7-Day Total 273,525
Calls: 215,164 (79%)
Puts: 58,361 (21%)
Prior 7-Day Average 39,075
Calls: 30,737 (79%)
Puts: 8,337 (21%)
Current vs Prior 7-Day Avg -30.36%
Calls: -25.16%
Puts: -49.53%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/10) $1.30M
Calls: $1.00M (77%)
Puts: $302.7K (23%)
Prior (07/09) $2.66M
Calls: $1.94M (73%)
Puts: $722.8K (27%)
Current vs Prior -51.04%
Calls: -48.40%
Puts: -58.11%
Prior 7-Day Total $16.70M
Calls: $11.47M (69%)
Puts: $5.23M (31%)
Prior 7-Day Average $2.39M
Calls: $1.64M (69%)
Puts: $747.8K (31%)
Current vs Prior 7-Day Avg -45.39%
Calls: -38.94%
Puts: -59.52%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/10) 0.18
Prior (07/09) 0.25
Current vs Prior -25.67%
Prior 7-Day Average 0.31
Current vs Prior 7-Day Avg -41.04%
Sentiment BULLISH

Open Interest

Detail
Current (07/10) 498,669
Calls: 414,582 (83%)
Puts: 84,087 (17%)
Prior (07/09) 389,744
Calls: 320,423 (82%)
Puts: 69,321 (18%)
Current vs Prior +27.95%
Prior 7-Day Total 3,008,595
Calls: 2,477,786 (82%)
Puts: 530,809 (18%)
Prior 7-Day Average 429,799
Calls: 353,969 (82%)
Puts: 75,829 (18%)
Current vs Prior 7-Day Avg +16.02%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/10) | Next (07/17)Expiry (07/17) | Next (08/21)
Current 1.81% | 7.45%7.45% | 21.70%
Prior 3.62% | 8.72%8.72% | 21.70%
Current vs Prior +105.88% | +68.29%-14.63% | +0.00%
Prior 7-Day Avg 5.22% | 10.07%10.79% | 22.72%
Current vs 7-Day Avg +42.54% | +45.76%-30.96% | -4.48%
Prior 7-Day Eod 3.62% | 8.72%-- | --
Current vs 7-Day Eod +105.88% | +68.29%-- | --
Sentiment BEARISHBULLISH

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 10.05% | 12.29%
Calls: 8.11% | 11.76%
Puts: 12.00% | 12.82%
Current vs 7-Day Avg +0.00% | -0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 77% of dollar volume in calls ($1.00M) vs puts ($302.7K). Light premium activity with dollar volume down 51% vs prior. Extreme bullish P/C ratio of 0.18 - heavy call buying (23,004 calls vs 4,208 puts). P/C ratio dropping 26% - 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 13 of results (avg 7.1%, best 3.3%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.290.30$0.303.3%1.1K0.471.7K
$11.00Aug 210.470.50$0.496.1%870.3327.2K
$10.00Aug 210.750.80$0.786.4%2280.464.0K
$9.00Aug 211.181.26$1.226.6%870.614.7K
$10.00Jul 170.130.14$0.147.1%1.1K0.277.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.321.40$1.365.9%190.543.2K
$11.00Aug 211.982.10$2.045.9%70.67--
$10.50Jul 241.351.45$1.407.1%140.69--
$8.00Aug 210.380.41$0.407.5%1590.232.8K
$10.00Jul 241.011.09$1.057.6%30.60--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 28 found (avg $0.61, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.130.14$0.147.1%1.1K0.277.8K
$9.50Jul 170.290.30$0.303.3%1.1K0.471.7K
$10.00Jul 240.410.48$0.4415.9%3.1K0.402.1K
$11.00Aug 210.470.50$0.496.1%870.3327.2K
$10.00Jul 310.500.60$0.5518.2%260.42652
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.150.18$0.1618.8%6740.305.6K
$8.00Jul 240.160.18$0.1711.8%1390.17524
$8.00Aug 70.280.32$0.3013.3%30.21--
$8.50Jul 240.280.34$0.3119.4%120.27334
$9.50Jul 170.380.42$0.4010.0%2570.531.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 31 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.50Jul 100.691.04$0.8740.2%460.9766
$8.00Jul 171.351.55$1.4513.8%110.93289
$9.00Jul 100.320.74$0.5379.2%7250.931.0K
$8.50Jul 170.911.01$0.9610.4%260.87162
$8.50Jul 241.141.35$1.2516.8%40.7315
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 101.451.81$1.6322.1%181.00189
$10.00Jul 100.500.73$0.6237.1%430.98448
$11.00Jul 171.481.76$1.6217.3%280.946.4K
$10.50Jul 170.681.28$0.9861.2%170.861.7K
$9.50Jul 100.100.22$0.1675.0%3360.861.2K

Most actively traded options today. High liquidity = easy entry/exit. 73 active (total vol 16.2K, top 3.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 240.410.48$0.4415.9%3.1K0.402.1K
$9.50Jul 100.000.02$0.01200.0%2.3K0.192.2K
$10.00Jul 170.130.14$0.147.1%1.1K0.277.8K
$9.50Jul 170.290.30$0.303.3%1.1K0.471.7K
$10.50Jul 170.050.07$0.0633.3%8830.143.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 170.150.18$0.1618.8%6740.305.6K
$8.50Jul 170.040.08$0.0666.7%5250.131.6K
$9.00Jul 100.000.02$0.01200.0%4710.072.1K
$9.50Jul 100.100.22$0.1675.0%3360.861.2K
$10.00Jul 170.710.82$0.7614.5%2680.733.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 12 strikes (avg 744.8%, max 1651.1%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 10Aug 71502.2%85.8%1651.1%1162.5K
$11.00Jul 10Aug 21987.6%81.7%1109.0%19728.9K
$8.50Jul 10Aug 7702.1%83.8%737.8%4771
$10.00Jul 10Aug 21452.8%81.5%455.4%7366.9K
$9.00Jul 10Aug 21414.5%80.1%417.6%8125.7K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 10Aug 71502.2%85.8%1651.1%19874
$11.00Jul 10Aug 21987.6%81.7%1109.0%25189
$8.50Jul 10Aug 14702.1%79.7%781.3%772.1K
$10.00Jul 10Aug 21452.8%81.5%455.4%623.7K
$9.00Jul 10Aug 21414.5%80.1%417.6%5473.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 4.00, avg 1.75)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.50$11.00Jul 24$0.10$0.40$0.104.00$10.60
$10.50$11.00Jul 31$0.10$0.40$0.104.00$10.60
$10.00$10.50Jul 24$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$11.00Aug 21$0.29$0.71$0.292.45$10.29
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 31$0.12$0.38$0.123.17$8.38
$8.50$8.00Jul 24$0.14$0.36$0.142.57$8.36
$8.50$8.00Aug 14$0.14$0.36$0.142.57$8.36
$9.50$9.00Jul 10$0.15$0.35$0.152.33$9.35

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 2.85, avg 1.02)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.50$9.00Jul 17$0.37$0.37$0.132.85$8.87
$8.50$9.00Jul 24$0.35$0.35$0.152.33$8.85
$8.50$9.00Jul 31$0.35$0.35$0.152.33$8.85
$8.50$9.00Jul 10$0.34$0.34$0.162.12$8.84
$8.50$9.00Aug 7$0.33$0.33$0.171.94$8.83
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$9.50Jul 17$0.36$0.36$0.142.57$9.64
$10.50$10.00Jul 24$0.35$0.35$0.152.33$10.15
$11.00$10.00Aug 21$0.68$0.68$0.322.12$10.32
$10.50$9.50Aug 7$0.63$0.63$0.371.70$9.87
$10.00$9.50Jul 31$0.31$0.31$0.191.63$9.69

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 8 found (avg debit $0.15, cheapest $0.06)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.00Jul 10Jul 17$0.06414.5%64.0%
$8.50Jul 10Jul 17$0.09702.1%67.4%
$10.00Jul 10Jul 17$0.13452.8%67.9%
$9.50Jul 10Jul 17$0.29142.4%67.1%
PUTS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.00Jul 10Jul 17$0.14452.8%67.9%
$8.00Jul 17Jul 24$0.1476.1%93.9%
$9.00Jul 10Jul 17$0.15414.5%64.0%
$9.50Jul 10Jul 17$0.24142.4%67.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 30 found (cheapest 1.81% of stock, avg 15.19%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 10$0.01$0.16$0.17$9.33$9.671.81%
$9.00Jul 10$0.53$0.01$0.54$8.46$9.545.74%
$10.00Jul 10$0.01$0.62$0.63$9.37$10.636.70%
$9.50Jul 17$0.30$0.40$0.70$8.80$10.207.45%
$9.00Jul 17$0.59$0.16$0.75$8.25$9.757.98%
$8.50Jul 10$0.87$0.01$0.88$7.62$9.389.36%
$10.00Jul 17$0.14$0.76$0.90$9.10$10.909.57%
$8.50Jul 17$0.96$0.06$1.02$7.48$9.5210.85%
$10.50Jul 17$0.06$0.98$1.04$9.46$11.5411.06%
$10.50Jul 10$0.10$1.15$1.25$9.25$11.7513.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 56 found (cheapest 0.21% of stock, avg 8.26%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$9.50$9.00Jul 10$0.01$0.01$0.02$8.98$9.52
$11.00$8.00Jul 17$0.03$0.03$0.06$7.94$11.06
$10.50$8.00Jul 17$0.06$0.03$0.09$7.91$10.59
$11.00$8.50Jul 17$0.03$0.06$0.09$8.41$11.09
$10.50$9.00Jul 10$0.10$0.01$0.11$8.89$10.61
$10.50$8.50Jul 17$0.06$0.06$0.12$8.38$10.62
$10.00$8.00Jul 17$0.14$0.03$0.17$7.83$10.17
$11.00$9.00Jul 17$0.03$0.16$0.19$8.81$11.19
$10.00$8.50Jul 17$0.14$0.06$0.20$8.30$10.20
$10.50$9.00Jul 17$0.06$0.16$0.22$8.78$10.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 26 found (best R:R 3.55, avg credit $0.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Aug 14$0.39$0.113.55$8.61$9.89
8/910/10Jul 24$0.38$0.123.17$8.62$9.88
9/1010/10Jul 24$0.38$0.123.17$9.12$10.38
8/910/10Jul 31$0.38$0.123.17$8.62$9.88
9/1010/11Aug 7$0.38$0.123.17$9.12$10.88
8/89/10Jul 31$0.36$0.142.57$8.14$9.36
8/910/10Jul 31$0.36$0.142.57$8.64$10.36
9/1010/11Jul 31$0.36$0.142.57$9.14$10.86
8/910/10Aug 7$0.72$0.282.57$8.28$10.22
8/910/11Aug 21$0.71$0.292.45$8.29$10.71

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Jul 17$0.05$0.459.00
$9.50$10.00$10.50Jul 24$0.06$0.447.33
$9.00$9.50$10.00Jul 31$0.06$0.447.33
$10.00$10.50$11.00Jul 31$0.06$0.447.33
$9.00$10.00$11.00Aug 21$0.15$0.855.67
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Jul 24$0.05$0.459.00
$9.00$9.50$10.00Jul 24$0.05$0.459.00
$9.00$9.50$10.00Jul 31$0.05$0.459.00
$8.50$9.00$9.50Jul 24$0.06$0.447.33
$8.50$9.00$9.50Jul 31$0.06$0.447.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $-0.11, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 14-$0.11$0.89
$9.50$10.501:2Aug 7-$0.14$0.86
$10.00$11.001:2Aug 21-$0.20$0.80
$9.00$10.001:2Aug 21-$0.34$0.66
$10.50$11.001:2Jul 24-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21-$0.28$0.72
$10.50$9.501:2Aug 7-$0.29$0.71
$10.50$10.001:2Jul 10-$0.09$0.41
$9.00$8.501:2Jul 24-$0.12$0.38
$8.50$8.001:2Jul 31-$0.12$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 8.62%, avg 4.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.50Aug 14$0.810.531.1%8.62%9.68%3010
$9.50Aug 7$0.780.531.1%8.30%9.36%1--
$10.00Aug 21$0.750.466.4%7.98%14.36%2284.0K
$9.50Jul 31$0.670.521.1%7.13%8.19%171.1K
$10.00Aug 14$0.620.456.4%6.60%12.98%1--
$9.50Jul 24$0.590.511.1%6.28%7.34%142149
$10.00Jul 31$0.500.426.4%5.32%11.70%26652
$11.00Aug 21$0.470.3317.0%5.00%22.02%8727.2K
$10.50Aug 7$0.430.3611.7%4.57%16.28%3346
$10.00Jul 24$0.410.406.4%4.36%10.74%3.1K2.1K

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 23,004
Total Puts 4,208
Put/Call Ratio 0.18
Net Difference 18,796

Prior's Put/Call Breakdown

Total Calls 34,923
Total Puts 8,595
Put/Call Ratio 0.25
Net Difference 26,328

Prior 7-Day Put/Call Summary

Total Calls 215,164
Total Puts 58,361
Average Put/Call Ratio 0.31
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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