Tour v325
CLF
CLEVELAND-CLIFFS INC
$9.71 +3.30%
$9.70 (-0.10%)🌙
as of 07/13 06:18 PM
7/13 18:18

Option Volume

Detail
Current (07/13) 43,564
Calls: 34,432 (79%)
Puts: 9,132 (21%)
Prior (07/10) 27,212
Calls: 23,004 (85%)
Puts: 4,208 (15%)
Current vs Prior +60.09%
Calls: +49.68% (Calls)
Puts: +117.02% (Puts)
Prior 7-Day Total 279,381
Calls: 222,854 (80%)
Puts: 56,527 (20%)
Prior 7-Day Average 39,911
Calls: 31,836 (80%)
Puts: 8,075 (20%)
Current vs Prior 7-Day Avg +9.15%
Calls: +8.15%
Puts: +13.09%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/13) $2.73M
Calls: $1.81M (66%)
Puts: $918.0K (34%)
Prior (07/10) $1.30M
Calls: $1.00M (77%)
Puts: $302.7K (23%)
Current vs Prior +109.38%
Calls: +80.97%
Puts: +203.23%
Prior 7-Day Total $16.72M
Calls: $11.62M (70%)
Puts: $5.10M (30%)
Prior 7-Day Average $2.39M
Calls: $1.66M (70%)
Puts: $728.2K (30%)
Current vs Prior 7-Day Avg +14.22%
Calls: +9.03%
Puts: +26.05%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/13) 0.27
Prior (07/10) 0.18
Current vs Prior +44.99%
Prior 7-Day Average 0.28
Current vs Prior 7-Day Avg -5.28%
Sentiment BULLISH

Open Interest

Detail
Current (07/13) 529,998
Calls: 441,769 (83%)
Puts: 88,229 (17%)
Prior (07/10) 498,669
Calls: 414,582 (83%)
Puts: 84,087 (17%)
Current vs Prior +6.28%
Prior 7-Day Total 3,078,197
Calls: 2,520,713 (82%)
Puts: 557,484 (18%)
Prior 7-Day Average 439,742
Calls: 360,101 (82%)
Puts: 79,640 (18%)
Current vs Prior 7-Day Avg +20.52%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 7.11% | 13.90%7.11% | 21.32%
Prior 7.45% | 14.68%7.45% | 21.70%
Current vs Prior -4.58% | -5.30%-4.58% | -1.77%
Prior 7-Day Avg 5.56% | 10.83%10.12% | 22.55%
Current vs 7-Day Avg +27.86% | +28.37%-29.75% | -5.46%
Prior 7-Day Eod 7.45% | 14.68%7.45% | 21.70%
Current vs 7-Day Eod -4.58% | -5.30%-4.58% | -1.77%
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 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

Moderately bullish flow with 66% call dollar volume ($1.81M). Massive premium surge with dollar volume up 109% vs prior. Above-average activity with volume up 60% vs prior. Extreme bullish P/C ratio of 0.27 - heavy call buying (34,432 calls vs 9,132 puts).

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 10 of results (avg 8.6%, best 6.5%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.900.96$0.936.5%4630.524.1K
$9.00Aug 211.351.46$1.417.8%580.674.7K
$9.00Jul 241.051.15$1.109.1%130.7041
$9.50Jul 310.880.97$0.939.7%130.591.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 241.471.58$1.537.2%2590.72205
$11.00Jul 311.541.66$1.607.5%5010.70--
$11.00Aug 211.721.89$1.819.4%5010.63635
$10.50Jul 241.091.20$1.159.6%1010.64214
$10.00Jul 310.890.98$0.949.6%210.51390

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.70, cheapest $0.30)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 240.270.32$0.3016.7%6230.295.1K
$9.50Jul 170.430.49$0.4613.0%1.5K0.632.3K
$11.00Aug 210.520.62$0.5717.5%4270.3727.3K
$10.00Jul 310.600.73$0.6719.4%910.49676
$10.00Aug 70.690.84$0.7619.7%1450.49250
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.460.52$0.4912.2%7460.623.3K
$9.00Aug 70.480.58$0.5318.9%20.33--
$9.50Jul 240.500.61$0.5520.0%5350.41174
$9.00Aug 140.560.66$0.6116.4%120.33129
$9.00Aug 210.620.71$0.6713.4%660.331.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.70, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 171.591.93$1.7619.3%400.96279
$8.50Jul 171.101.64$1.3739.4%90.92173
$8.00Jul 311.712.94$2.3352.8%20.86--
$9.00Jul 170.660.85$0.7625.0%5410.812.5K
$8.00Aug 211.932.14$2.0410.3%150.8161
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Jul 171.612.03$1.8223.1%100.94338
$11.00Jul 171.221.51$1.3721.2%3250.916.5K
$10.50Jul 170.760.99$0.8826.1%4790.821.7K
$11.50Jul 241.812.21$2.0119.9%10.79--
$11.50Jul 311.782.15$1.9718.8%10.77--

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 22.8K, top 4.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 240.370.63$0.5052.0%4.1K0.475.1K
$10.00Jul 170.160.24$0.2040.0%2.6K0.387.7K
$11.00Jul 170.030.05$0.0450.0%2.5K0.104.6K
$9.50Jul 170.430.49$0.4613.0%1.5K0.632.3K
$10.50Jul 170.070.09$0.0825.0%1.2K0.193.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 240.770.88$0.8313.3%8060.541.1K
$10.00Jul 170.460.52$0.4912.2%7460.623.3K
$9.50Jul 240.500.61$0.5520.0%5350.41174
$11.00Jul 311.541.66$1.607.5%5010.70--
$11.00Aug 211.721.89$1.819.4%5010.63635

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 15.5%, max 36.7%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 17Aug 21113.0%82.7%36.7%55340
$11.50Jul 17Aug 14100.2%83.3%20.3%358372
$8.50Jul 17Aug 798.5%85.8%14.9%12179
$9.00Jul 17Aug 2190.9%81.8%11.1%5997.2K
$11.00Jul 17Aug 2188.6%80.4%10.2%2.9K31.8K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.00Jul 17Aug 21113.0%82.7%36.7%2307.5K
$11.50Jul 17Aug 7100.2%85.5%17.2%11338
$8.50Jul 17Aug 1498.5%84.1%17.1%4592.0K
$9.00Jul 17Aug 2190.9%81.8%11.1%4197.7K
$11.00Jul 17Aug 2188.6%80.4%10.2%8267.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 43 found (best R:R 4.00, avg 1.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.50$11.00Jul 24$0.10$0.40$0.104.00$10.60
$11.00$11.50Aug 7$0.11$0.39$0.113.55$11.11
$11.00$11.50Aug 14$0.11$0.39$0.113.55$11.11
$10.00$10.50Jul 17$0.12$0.38$0.123.17$10.12
$10.50$11.00Jul 31$0.13$0.37$0.132.85$10.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.50$9.00Jul 17$0.13$0.37$0.132.85$9.37
$8.50$8.00Jul 31$0.13$0.37$0.132.85$8.37
$9.00$8.50Jul 24$0.14$0.36$0.142.57$8.86
$8.50$8.00Aug 14$0.15$0.35$0.152.33$8.35
$9.00$8.00Aug 7$0.31$0.69$0.312.23$8.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 52 found (best R:R 3.55, avg 1.20)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$8.50Jul 17$0.39$0.39$0.113.55$8.39
$8.50$9.00Jul 24$0.36$0.36$0.142.57$8.86
$8.50$9.00Jul 31$0.35$0.35$0.152.33$8.85
$8.50$9.00Aug 7$0.32$0.32$0.181.78$8.82
$8.00$9.00Aug 21$0.63$0.63$0.371.70$8.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.50$10.00Jul 17$0.39$0.39$0.113.55$10.11
$11.00$10.50Jul 24$0.38$0.38$0.123.17$10.62
$11.50$10.00Aug 7$1.13$1.13$0.373.05$10.37
$11.50$11.00Jul 31$0.37$0.37$0.132.85$11.13
$11.00$10.50Jul 31$0.36$0.36$0.142.57$10.64

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 16 found (avg debit $0.26, cheapest $0.09)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.50Jul 17Jul 24$0.0998.5%104.5%
$11.50Jul 17Jul 24$0.18100.2%108.9%
$11.00Jul 17Jul 24$0.2688.6%107.6%
$10.00Jul 17Jul 24$0.3077.6%91.8%
$10.50Jul 17Jul 24$0.3279.5%102.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.11113.0%108.3%
$11.00Jul 17Jul 24$0.1688.6%107.6%
$8.50Jul 17Jul 24$0.1898.5%104.5%
$11.50Jul 17Jul 24$0.19100.2%108.9%
$9.00Jul 17Jul 24$0.2690.9%102.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 33 found (cheapest 7.11% of stock, avg 17.67%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 17$0.46$0.23$0.69$8.81$10.197.11%
$10.00Jul 17$0.20$0.49$0.69$9.31$10.697.11%
$9.00Jul 17$0.76$0.10$0.86$8.14$9.868.86%
$10.50Jul 17$0.08$0.88$0.96$9.54$11.469.89%
$10.00Jul 24$0.50$0.83$1.33$8.67$11.3313.70%
$9.50Jul 24$0.80$0.55$1.35$8.15$10.8513.90%
$8.50Jul 17$1.37$0.04$1.41$7.09$9.9114.52%
$11.00Jul 17$0.04$1.37$1.41$9.59$12.4114.52%
$9.00Jul 24$1.10$0.36$1.46$7.54$10.4615.04%
$10.50Jul 24$0.40$1.15$1.55$8.95$12.0515.96%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 71 found (cheapest 0.72% of stock, avg 7.98%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.50$8.50Jul 17$0.03$0.04$0.07$8.43$11.57
$11.00$8.50Jul 17$0.04$0.04$0.08$8.42$11.08
$10.50$8.50Jul 17$0.08$0.04$0.12$8.38$10.62
$11.50$9.00Jul 17$0.03$0.10$0.13$8.87$11.63
$11.00$9.00Jul 17$0.04$0.10$0.14$8.86$11.14
$10.50$9.00Jul 17$0.08$0.10$0.18$8.82$10.68
$10.00$8.50Jul 17$0.20$0.04$0.24$8.26$10.24
$11.50$9.50Jul 17$0.03$0.23$0.26$9.24$11.76
$11.00$9.50Jul 17$0.04$0.23$0.27$9.23$11.27
$10.00$9.00Jul 17$0.20$0.10$0.30$8.70$10.30

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 3.55, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/89/10Jul 31$0.39$0.113.55$8.11$9.39
8/810/10Jul 31$0.39$0.113.55$8.11$9.89
9/1010/10Jul 31$0.39$0.113.55$9.11$10.39
10/1010/11Aug 7$0.39$0.113.55$9.61$10.89
10/1010/11Jul 24$0.38$0.123.17$9.62$10.88
9/1010/11Aug 7$0.38$0.123.17$9.12$10.88
8/810/10Aug 14$0.38$0.123.17$8.12$9.88
8/910/10Aug 14$0.38$0.123.17$8.62$10.38
9/1010/11Aug 14$0.38$0.123.17$9.12$10.88
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. 25 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$9.00$9.50$10.00Aug 7$0.05$0.459.00
$10.50$11.00$11.50Aug 14$0.05$0.459.00
$8.50$9.00$9.50Jul 24$0.06$0.447.33
$10.00$10.50$11.00Jul 31$0.06$0.447.33
$9.00$10.00$11.00Aug 21$0.12$0.887.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 24$0.05$0.459.00
$10.00$10.50$11.00Jul 24$0.06$0.447.33
$10.00$10.50$11.00Jul 31$0.06$0.447.33
$8.00$9.00$10.00Aug 21$0.12$0.887.33
$8.50$9.00$9.50Jul 17$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. 36 found (best net $-0.20, 33 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 21-$0.21$0.79
$9.00$10.001:2Aug 21-$0.45$0.55
$11.00$11.501:2Jul 24-$0.12$0.38
$8.50$9.001:2Jul 17-$0.15$0.35
$9.00$9.501:2Jul 17-$0.16$0.34
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 21-$0.20$0.80
$11.00$10.001:2Aug 21-$0.47$0.53
$9.00$8.501:2Jul 24-$0.08$0.42
$10.50$10.001:2Jul 17-$0.10$0.40
$8.50$8.001:2Aug 14-$0.12$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 9.27%, avg 4.22%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 21$0.900.523.0%9.27%12.26%4634.1K
$10.00Aug 14$0.750.503.0%7.72%10.71%138
$10.00Aug 7$0.690.493.0%7.11%10.09%145250
$10.00Jul 31$0.600.493.0%6.18%9.17%91676
$10.50Aug 14$0.560.428.1%5.77%13.90%23
$11.00Aug 21$0.520.3713.3%5.36%18.64%42727.3K
$10.50Aug 7$0.490.418.1%5.05%13.18%4--
$10.50Jul 31$0.420.408.1%4.33%12.46%9215
$11.00Aug 14$0.420.3513.3%4.33%17.61%2721
$10.00Jul 24$0.370.473.0%3.81%6.80%4.1K5.1K

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 34,432
Total Puts 9,132
Put/Call Ratio 0.27
Net Difference 25,300

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 222,854
Total Puts 56,527
Average Put/Call Ratio 0.28
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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