Tour v344
CLF
CLEVELAND-CLIFFS INC
$9.53 -3.25%
$9.50 (-0.31%)🌙
as of 07/16 06:18 PM
7/16 18:18

Option Volume

Detail
Current (07/16) 29,233
Calls: 18,452 (63%)
Puts: 10,781 (37%)
Prior (07/15) 25,834
Calls: 20,866 (81%)
Puts: 4,968 (19%)
Current vs Prior +13.16%
Calls: -11.57% (Calls)
Puts: +117.01% (Puts)
Prior 7-Day Total 251,750
Calls: 206,359 (82%)
Puts: 45,391 (18%)
Prior 7-Day Average 35,964
Calls: 29,479 (82%)
Puts: 6,484 (18%)
Current vs Prior 7-Day Avg -18.72%
Calls: -37.41%
Puts: +66.26%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/16) $2.67M
Calls: $837.5K (31%)
Puts: $1.83M (69%)
Prior (07/15) $1.06M
Calls: $722.2K (68%)
Puts: $341.8K (32%)
Current vs Prior +151.01%
Calls: +15.97%
Puts: +436.31%
Prior 7-Day Total $13.54M
Calls: $9.73M (72%)
Puts: $3.81M (28%)
Prior 7-Day Average $1.93M
Calls: $1.39M (72%)
Puts: $543.9K (28%)
Current vs Prior 7-Day Avg +38.06%
Calls: -39.77%
Puts: +237.03%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/16) 0.58
Prior (07/15) 0.24
Current vs Prior +145.40%
Prior 7-Day Average 0.26
Current vs Prior 7-Day Avg +121.75%
Sentiment BULLISH

Open Interest

Detail
Current (07/16) 451,071
Calls: 377,400 (84%)
Puts: 73,671 (16%)
Prior (07/15) 469,152
Calls: 383,256 (82%)
Puts: 85,896 (18%)
Current vs Prior -3.85%
Prior 7-Day Total 3,264,211
Calls: 2,681,483 (82%)
Puts: 582,728 (18%)
Prior 7-Day Average 466,315
Calls: 383,069 (82%)
Puts: 83,246 (18%)
Current vs Prior 7-Day Avg -3.27%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/17) | Next (07/24)Expiry (07/17) | Next (08/21)
Current 3.25% | 12.91%3.25% | 20.88%
Prior 4.97% | 13.50%4.97% | 20.61%
Current vs Prior -34.61% | -4.41%-34.61% | +1.32%
Prior 7-Day Avg 5.64% | 12.06%7.69% | 21.76%
Current vs 7-Day Avg -42.29% | +7.00%-57.68% | -4.06%
Prior 7-Day Eod 4.97% | 13.50%4.97% | 20.61%
Current vs 7-Day Eod -34.61% | -4.41%-34.61% | +1.32%
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 bearish flow with 69% put dollar volume ($1.83M). Massive premium surge with dollar volume up 151% vs prior. Bullish P/C ratio of 0.58. P/C ratio rising 145% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 12 of results (avg 6.4%, best 4.1%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 240.900.94$0.924.3%5740.67115
$9.00Aug 211.211.28$1.255.6%340.644.9K
$10.00Aug 210.750.80$0.786.4%2740.484.1K
$9.00Aug 71.041.14$1.099.2%30.64--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 241.211.26$1.234.1%3040.69272
$10.00Aug 211.181.23$1.214.1%550.523.3K
$10.50Jul 311.311.38$1.355.2%10.67381
$10.00Jul 240.870.92$0.905.6%1350.59710
$11.00Aug 141.811.92$1.875.9%10.691

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.62, cheapest $0.18)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 240.170.19$0.1811.1%2380.225.3K
$10.00Jul 240.390.45$0.4214.3%7250.418.7K
$11.00Aug 210.440.49$0.4710.6%1110.3327.4K
$10.00Jul 310.500.58$0.5414.8%1.2K0.441.7K
$9.50Jul 240.590.67$0.6312.7%760.54326
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Aug 210.300.35$0.3215.6%1390.212.4K
$9.00Jul 240.340.41$0.3818.4%1690.331.5K
$8.00Aug 280.350.40$0.3813.2%70.2238
$8.50Aug 140.390.45$0.4214.3%40.27--
$9.00Aug 70.520.61$0.5616.1%20.36--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 31 found (avg delta 0.71, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$8.00Jul 171.331.69$1.5123.8%421.00260
$9.00Jul 170.330.59$0.4656.5%441.002.1K
$8.00Jul 241.531.75$1.6413.4%50.8627
$8.50Jul 170.911.27$1.0933.0%10.84176
$8.00Jul 311.581.89$1.7417.8%480.8357
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 171.431.60$1.5211.2%3.8K0.976.2K
$10.50Jul 170.941.26$1.1029.1%1020.97--
$10.00Jul 170.460.69$0.5740.4%2480.833.2K
$11.00Jul 241.471.80$1.6420.1%50.78653
$11.00Jul 311.521.86$1.6920.1%30.74563

Most actively traded options today. High liquidity = easy entry/exit. 67 active (total vol 13.5K, top 3.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 170.040.05$0.0520.0%1.4K0.178.5K
$10.00Jul 310.500.58$0.5414.8%1.2K0.441.7K
$9.00Jul 310.941.08$1.0113.9%7680.654.6K
$10.00Jul 240.390.45$0.4214.3%7250.418.7K
$9.50Jul 170.120.18$0.1540.0%6660.502.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 171.431.60$1.5211.2%3.8K0.976.2K
$10.50Jul 241.211.26$1.234.1%3040.69272
$9.50Jul 170.120.21$0.1656.2%2630.511.6K
$10.00Jul 170.460.69$0.5740.4%2480.833.2K
$9.00Jul 170.010.02$0.0250.0%1980.095.8K

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 72.2%, max 210.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 17Aug 28242.8%78.1%210.8%2176
$8.00Jul 17Aug 21163.7%81.5%100.8%64375
$11.00Jul 17Aug 21142.1%81.1%75.2%43133.1K
$10.00Jul 17Aug 28107.2%79.5%34.9%1.4K8.5K
$10.50Jul 17Aug 14103.8%84.5%22.8%1875.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 17Aug 14242.8%82.0%196.0%1561.6K
$8.00Jul 17Aug 28163.7%79.0%107.1%414.5K
$11.00Jul 17Aug 21142.1%81.1%75.2%3.8K7.1K
$10.00Jul 17Aug 21107.2%81.3%31.8%3036.5K
$10.50Jul 17Jul 31103.8%93.8%10.6%103381

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 34 found (best R:R 4.00, avg 1.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.50$11.00Jul 24$0.10$0.40$0.104.00$10.60
$10.50$11.00Aug 14$0.12$0.38$0.123.17$10.62
$10.00$10.50Jul 24$0.14$0.36$0.142.57$10.14
$10.00$11.00Aug 7$0.29$0.71$0.292.45$10.29
$10.00$11.00Aug 21$0.31$0.69$0.312.23$10.31
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.50$8.00Jul 17$0.10$0.40$0.104.00$8.40
$8.50$8.00Jul 24$0.11$0.39$0.113.55$8.39
$8.50$8.00Aug 14$0.12$0.38$0.123.17$8.38
$9.50$9.00Jul 17$0.14$0.36$0.142.57$9.36
$9.00$8.50Jul 24$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. 42 found (best R:R 3.17, avg 1.15)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$8.50Jul 31$0.38$0.38$0.123.17$8.38
$8.50$9.00Jul 24$0.37$0.37$0.132.85$8.87
$8.00$8.50Jul 24$0.35$0.35$0.152.33$8.35
$8.50$9.00Jul 31$0.35$0.35$0.152.33$8.85
$8.00$9.00Aug 21$0.67$0.67$0.332.03$8.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$10.00Aug 21$0.76$0.76$0.243.17$10.24
$10.50$10.00Jul 31$0.35$0.35$0.152.33$10.15
$11.00$10.50Jul 31$0.34$0.34$0.162.12$10.66
$11.00$9.50Aug 14$1.00$1.00$0.502.00$10.00
$10.50$10.00Jul 24$0.33$0.33$0.171.94$10.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $0.26, cheapest $0.10)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.13163.7%112.9%
$11.00Jul 17Jul 24$0.17142.1%112.7%
$8.50Jul 17Jul 24$0.20242.8%113.0%
$10.50Jul 17Jul 24$0.27103.8%111.8%
$10.00Jul 17Jul 24$0.37107.2%110.0%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$8.00Jul 17Jul 24$0.10163.7%112.9%
$8.50Jul 17Jul 24$0.11242.8%113.0%
$11.00Jul 17Jul 24$0.12142.1%112.7%
$10.50Jul 17Jul 24$0.13103.8%111.8%
$10.00Jul 17Jul 24$0.33107.2%110.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 28 found (cheapest 3.25% of stock, avg 16.12%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.50Jul 17$0.15$0.16$0.31$9.19$9.813.25%
$9.00Jul 17$0.46$0.02$0.48$8.52$9.485.04%
$10.00Jul 17$0.05$0.57$0.62$9.38$10.626.51%
$10.50Jul 17$0.01$1.10$1.11$9.39$11.6111.65%
$8.50Jul 17$1.09$0.11$1.20$7.30$9.7012.59%
$9.50Jul 24$0.63$0.60$1.23$8.27$10.7312.91%
$9.00Jul 24$0.92$0.38$1.30$7.70$10.3013.64%
$10.00Jul 24$0.42$0.90$1.32$8.68$11.3213.85%
$9.50Jul 31$0.73$0.71$1.44$8.06$10.9415.11%
$9.00Jul 31$1.01$0.47$1.48$7.52$10.4815.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 42 found (cheapest 0.73% of stock, avg 9.08%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.00$9.00Jul 17$0.05$0.02$0.07$8.93$10.07
$10.00$8.50Jul 17$0.05$0.11$0.16$8.34$10.16
$11.00$8.00Jul 24$0.18$0.11$0.29$7.71$11.29
$10.50$8.00Jul 24$0.28$0.11$0.39$7.61$10.89
$11.00$8.50Jul 24$0.18$0.22$0.40$8.10$11.40
$10.50$8.50Jul 24$0.28$0.22$0.50$8.00$11.00
$10.00$8.00Jul 24$0.42$0.11$0.53$7.47$10.53
$11.00$8.50Jul 31$0.26$0.28$0.54$7.96$11.54
$11.00$9.00Jul 24$0.18$0.38$0.56$8.44$11.56
$10.00$8.50Jul 24$0.42$0.22$0.64$7.86$10.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 3.17, avg credit $0.37)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Jul 31$0.38$0.123.17$8.62$9.88
8/910/10Jul 24$0.37$0.132.85$8.63$9.87
8/910/10Jul 31$0.37$0.132.85$8.63$10.37
9/1010/10Jul 24$0.36$0.142.57$9.14$10.36
8/910/11Aug 21$0.69$0.312.23$8.31$10.69
8/810/10Aug 14$0.33$0.171.94$8.17$9.83
8/810/10Jul 24$0.32$0.181.78$8.18$9.82
9/1010/11Jul 24$0.32$0.181.78$9.18$10.82
8/1010/10Aug 14$0.61$0.391.56$8.89$10.61
8/910/10Jul 24$0.30$0.201.50$8.70$10.30

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$10.50Aug 14$0.05$0.459.00
$9.50$10.00$10.50Jul 17$0.06$0.447.33
$9.50$10.00$10.50Jul 24$0.07$0.436.14
$8.50$9.00$9.50Jul 31$0.07$0.436.14
$8.50$9.00$9.50Jul 24$0.08$0.425.25
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$8.50$9.00$9.50Jul 31$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
$9.50$10.00$10.50Jul 31$0.06$0.447.33
$8.00$9.00$10.00Aug 21$0.13$0.876.69

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 $--, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 7-$0.05$0.95
$10.00$11.001:2Aug 21-$0.16$0.84
$9.00$10.001:2Aug 7-$0.17$0.83
$9.00$10.001:2Aug 21-$0.31$0.69
$10.50$11.001:2Jul 24-$0.08$0.42
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$9.00$8.001:2Aug 28$0.00$1.00
$10.00$9.001:2Aug 21-$0.19$0.81
$11.00$10.001:2Aug 21-$0.45$0.55
$9.00$8.501:2Jul 24-$0.06$0.44
$9.00$8.501:2Jul 31-$0.09$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 7.97%, avg 4.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$10.00Aug 28$0.760.484.9%7.97%12.91%2--
$10.00Aug 21$0.750.484.9%7.87%12.80%2744.1K
$10.00Aug 14$0.620.464.9%6.51%11.44%574
$10.00Aug 7$0.580.454.9%6.09%11.02%15375
$10.00Jul 31$0.500.444.9%5.25%10.18%1.2K1.7K
$10.50Aug 14$0.460.3810.2%4.83%15.01%2216
$11.00Aug 21$0.440.3315.4%4.62%20.04%11127.4K
$10.00Jul 24$0.390.414.9%4.09%9.02%7258.7K
$11.00Aug 14$0.340.3115.4%3.57%18.99%10--
$10.50Jul 31$0.310.3310.2%3.25%13.43%2--

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 18,452
Total Puts 10,781
Put/Call Ratio 0.58
Net Difference 7,671

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 206,359
Total Puts 45,391
Average Put/Call Ratio 0.26
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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