Tour v340
CLF
CLEVELAND-CLIFFS INC
$9.85 +0.61%
$9.84 (-0.15%)🌙
as of 07/15 06:27 PM
7/15 18:27

Option Volume

Detail
Current (07/15) 25,834
Calls: 20,866 (81%)
Puts: 4,968 (19%)
Prior (07/14) 19,406
Calls: 12,168 (63%)
Puts: 7,238 (37%)
Current vs Prior +33.12%
Calls: +71.48% (Calls)
Puts: -31.36% (Puts)
Prior 7-Day Total 240,338
Calls: 195,163 (81%)
Puts: 45,175 (19%)
Prior 7-Day Average 34,334
Calls: 27,880 (81%)
Puts: 6,453 (19%)
Current vs Prior 7-Day Avg -24.76%
Calls: -25.16%
Puts: -23.02%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/15) $1.06M
Calls: $722.2K (68%)
Puts: $341.8K (32%)
Prior (07/14) $1.41M
Calls: $685.4K (48%)
Puts: $729.4K (52%)
Current vs Prior -24.80%
Calls: +5.37%
Puts: -53.14%
Prior 7-Day Total $13.41M
Calls: $9.58M (71%)
Puts: $3.82M (29%)
Prior 7-Day Average $1.92M
Calls: $1.37M (71%)
Puts: $546.1K (29%)
Current vs Prior 7-Day Avg -44.44%
Calls: -47.25%
Puts: -37.41%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/15) 0.24
Prior (07/14) 0.59
Current vs Prior -59.97%
Prior 7-Day Average 0.30
Current vs Prior 7-Day Avg -20.55%
Sentiment BULLISH

Open Interest

Detail
Current (07/15) 469,152
Calls: 383,256 (82%)
Puts: 85,896 (18%)
Prior (07/14) 477,409
Calls: 392,837 (82%)
Puts: 84,572 (18%)
Current vs Prior -1.73%
Prior 7-Day Total 3,209,404
Calls: 2,641,712 (82%)
Puts: 567,692 (18%)
Prior 7-Day Average 458,486
Calls: 377,387 (82%)
Puts: 81,098 (18%)
Current vs Prior 7-Day Avg +2.33%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 4.97% | 13.50%4.97% | 20.61%
Prior 6.03% | 14.10%6.03% | 21.25%
Current vs Prior -17.46% | -4.21%-17.46% | -3.00%
Prior 7-Day Avg 5.92% | 11.65%8.50% | 21.99%
Current vs 7-Day Avg -15.98% | +15.87%-41.45% | -6.29%
Prior 7-Day Eod 6.03% | 14.10%6.03% | 21.25%
Current vs 7-Day Eod -17.46% | -4.21%-17.46% | -3.00%
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 68% call dollar volume ($722.2K). Extreme bullish P/C ratio of 0.24 - heavy call buying (20,866 calls vs 4,968 puts). P/C ratio dropping 60% - sentiment shifting bullish. Call-heavy open interest (383,256 calls vs 85,896 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 BEARISH
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 15 of results (avg 6.8%, best 1.8%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 241.121.19$1.166.0%120.73119
$10.00Jul 240.570.61$0.596.8%5130.508.3K
$11.00Aug 210.570.61$0.596.8%1230.3827.4K
$9.00Jul 311.211.30$1.257.2%70.724.6K
$10.00Aug 210.931.00$0.977.2%2130.534.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Aug 210.570.58$0.571.8%4330.311.5K
$11.00Aug 211.681.72$1.702.4%750.62891
$10.00Aug 211.041.08$1.063.8%880.473.3K
$11.00Jul 311.431.53$1.486.8%20.68561
$11.00Jul 241.361.47$1.427.7%50.71--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 23 found (avg $0.62, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 240.390.45$0.4214.3%1230.391.1K
$11.00Aug 70.420.50$0.4617.4%10.35--
$10.00Jul 240.570.61$0.596.8%5130.508.3K
$11.00Aug 210.570.61$0.596.8%1230.3827.4K
$10.50Aug 140.620.74$0.6817.6%110.465
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.080.09$0.0911.1%4910.261.7K
$8.50Jul 240.150.18$0.1618.8%450.17483
$8.00Aug 210.260.29$0.2810.7%1730.172.3K
$9.00Jul 240.280.33$0.3116.1%200.271.5K
$9.50Jul 240.460.52$0.4912.2%1060.38724

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 171.491.98$1.7428.2%111.00264
$8.50Jul 171.201.49$1.3521.5%11.00175
$8.00Jul 241.582.28$1.9336.3%20.8826
$8.00Jul 311.662.17$1.9226.6%30.8755
$9.00Jul 170.820.94$0.8813.6%5970.832.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Jul 171.471.85$1.6622.9%140.96280
$11.00Jul 170.881.23$1.0633.0%110.966.2K
$10.50Jul 170.600.75$0.6822.1%170.862.0K
$11.50Jul 241.472.01$1.7431.0%50.79--
$11.00Jul 241.361.47$1.427.7%50.71--

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 8.1K, top 966)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.140.18$0.1625.0%9660.408.3K
$10.50Jul 170.030.05$0.0450.0%8600.144.6K
$11.00Jul 170.000.02$0.01200.0%8320.046.2K
$9.00Jul 170.820.94$0.8813.6%5970.832.2K
$10.00Jul 240.570.61$0.596.8%5130.508.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 170.080.09$0.0911.1%4910.261.7K
$9.00Aug 210.570.58$0.571.8%4330.311.5K
$9.00Jul 310.320.43$0.3828.9%3060.28516
$9.00Jul 170.010.18$0.10170.0%2110.175.8K
$8.00Aug 210.260.29$0.2810.7%1730.172.3K

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 30.5%, max 71.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Jul 17Aug 21136.4%79.3%71.9%7027.1K
$8.00Jul 17Aug 21132.9%82.1%61.9%53337
$11.50Jul 17Aug 28114.8%79.4%44.5%55
$11.00Jul 17Aug 2888.0%80.2%9.7%8516.3K
$10.50Jul 17Aug 2881.9%79.9%2.5%8614.6K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$9.00Jul 17Aug 21136.4%79.3%71.9%6447.3K
$8.00Jul 17Aug 28132.9%82.5%61.2%594.5K
$8.50Jul 17Aug 2898.3%78.1%25.8%1141.7K
$11.00Jul 17Aug 2888.0%80.2%9.7%126.2K
$11.50Jul 17Jul 24114.8%111.8%2.7%19280

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 42 found (best R:R 4.00, avg 1.60)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.00$11.50Aug 7$0.10$0.40$0.104.00$11.10
$10.00$10.50Jul 17$0.12$0.38$0.123.17$10.12
$10.50$11.00Jul 24$0.13$0.37$0.132.85$10.63
$11.00$11.50Aug 28$0.15$0.35$0.152.33$11.15
$10.50$11.00Aug 28$0.16$0.34$0.162.13$10.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$8.00Aug 28$0.11$0.39$0.113.55$8.39
$8.50$8.00Aug 7$0.12$0.38$0.123.17$8.38
$8.50$8.00Aug 14$0.12$0.38$0.123.17$8.38
$9.00$8.00Aug 21$0.29$0.71$0.292.45$8.71
$9.00$8.50Jul 24$0.15$0.35$0.152.33$8.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 3.55, avg 1.04)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$8.50Jul 17$0.39$0.39$0.113.55$8.39
$8.00$9.00Jul 31$0.67$0.67$0.332.03$8.67
$8.00$9.00Aug 21$0.61$0.61$0.391.56$8.61
$9.00$9.50Jul 24$0.30$0.30$0.201.50$9.30
$10.00$10.50Aug 14$0.30$0.30$0.201.50$10.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.50Jul 17$0.38$0.38$0.123.17$10.62
$10.50$10.00Jul 17$0.35$0.35$0.152.33$10.15
$11.00$10.00Jul 24$0.68$0.68$0.322.12$10.32
$11.00$10.00Jul 31$0.66$0.66$0.341.94$10.34
$11.50$11.00Jul 24$0.32$0.32$0.181.78$11.18

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $0.28, cheapest $0.08)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Jul 17Jul 24$0.18114.8%111.8%
$8.00Jul 17Jul 24$0.19132.9%115.8%
$9.00Jul 17Jul 24$0.28136.4%109.4%
$11.00Jul 17Jul 24$0.2888.0%111.9%
$10.50Jul 17Jul 24$0.3881.9%110.4%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Jul 17Jul 24$0.08114.8%111.8%
$8.00Jul 17Jul 24$0.09132.9%115.8%
$8.50Jul 17Jul 24$0.1598.3%108.5%
$9.00Jul 17Jul 24$0.21136.4%109.4%
$11.00Jul 17Jul 24$0.3688.0%111.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 4.97% of stock, avg 16.64%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$10.00Jul 17$0.16$0.33$0.49$9.51$10.494.97%
$9.50Jul 17$0.45$0.09$0.54$8.96$10.045.48%
$10.50Jul 17$0.04$0.68$0.72$9.78$11.227.31%
$9.00Jul 17$0.88$0.10$0.98$8.02$9.989.95%
$11.00Jul 17$0.01$1.06$1.07$9.93$12.0710.86%
$10.00Jul 24$0.59$0.74$1.33$8.67$11.3313.50%
$9.50Jul 24$0.86$0.49$1.35$8.15$10.8513.71%
$8.50Jul 17$1.35$0.01$1.36$7.14$9.8613.81%
$9.00Jul 24$1.16$0.31$1.47$7.53$10.4714.92%
$10.00Jul 31$0.71$0.82$1.53$8.47$11.5315.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 59 found (cheapest 1.32% of stock, avg 8.82%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$9.50Jul 17$0.04$0.09$0.13$9.37$10.63
$10.50$9.00Jul 17$0.04$0.10$0.14$8.86$10.64
$10.00$9.50Jul 17$0.16$0.09$0.25$9.25$10.25
$10.00$9.00Jul 17$0.16$0.10$0.26$8.74$10.26
$11.50$8.00Jul 24$0.19$0.10$0.29$7.71$11.79
$11.50$8.50Jul 24$0.19$0.16$0.35$8.15$11.85
$11.00$8.00Jul 24$0.29$0.10$0.39$7.61$11.39
$11.50$8.00Jul 31$0.26$0.14$0.40$7.60$11.90
$11.00$8.50Jul 24$0.29$0.16$0.45$8.05$11.45
$11.50$9.00Jul 24$0.19$0.31$0.50$8.50$12.00

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 23 found (best R:R 3.17, avg credit $0.43)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
10/1010/11Jul 24$0.38$0.123.17$9.62$10.88
8/1010/11Aug 7$0.73$0.272.70$8.77$10.73
8/810/10Jul 31$0.36$0.142.57$8.14$10.36
9/1010/10Jul 31$0.36$0.142.57$9.14$10.36
8/810/10Aug 7$0.36$0.142.57$8.14$9.86
10/1011/12Aug 7$0.36$0.142.57$9.64$11.36
8/89/10Jul 31$0.71$0.292.45$7.79$9.71
9/1010/10Jul 24$0.35$0.152.33$9.15$10.35
8/810/10Aug 28$0.34$0.162.12$8.16$9.84
8/910/11Aug 21$0.67$0.332.03$8.33$10.67

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$9.00$10.00Aug 21$0.07$0.9313.29
$10.50$11.00$11.50Jul 31$0.06$0.447.33
$8.00$9.00$10.00Jul 31$0.13$0.876.69
$9.00$10.00$11.00Aug 21$0.16$0.845.25
$10.00$10.50$11.00Jul 17$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.00$8.50$9.00Aug 14$0.05$0.459.00
$9.00$9.50$10.00Jul 24$0.07$0.436.14
$9.00$10.00$11.00Aug 21$0.15$0.855.67
$8.00$8.50$9.00Jul 17$0.09$0.414.56
$8.00$8.50$9.00Jul 24$0.09$0.414.56

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 $-0.06, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 7-$0.09$0.91
$9.00$10.001:2Jul 31-$0.17$0.83
$10.00$11.001:2Aug 21-$0.21$0.79
$9.00$10.001:2Aug 21-$0.43$0.57
$8.00$9.001:2Jul 31-$0.58$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Jul 24-$0.06$0.94
$10.00$9.001:2Aug 14-$0.08$0.92
$10.00$9.001:2Aug 21-$0.08$0.92
$11.00$10.001:2Jul 31-$0.16$0.84
$11.00$10.001:2Aug 21-$0.42$0.58

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 9.85%, avg 5.31%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 28$0.970.541.5%9.85%11.37%629
$10.00Aug 21$0.930.531.5%9.44%10.96%2134.2K
$10.00Aug 14$0.860.551.5%8.73%10.25%36--
$10.00Aug 7$0.780.521.5%7.92%9.44%11375
$10.50Aug 28$0.750.476.6%7.61%14.21%1--
$10.00Jul 31$0.650.511.5%6.60%8.12%411.7K
$11.00Aug 28$0.640.4011.7%6.50%18.17%1915
$10.50Aug 14$0.620.466.6%6.29%12.89%115
$10.00Jul 24$0.570.501.5%5.79%7.31%5138.3K
$11.00Aug 21$0.570.3811.7%5.79%17.46%12327.4K

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 20,866
Total Puts 4,968
Put/Call Ratio 0.24
Net Difference 15,898

Prior's Put/Call Breakdown

Total Calls 12,168
Total Puts 7,238
Put/Call Ratio 0.59
Net Difference 4,930

Prior 7-Day Put/Call Summary

Total Calls 195,163
Total Puts 45,175
Average Put/Call Ratio 0.30
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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