Tour v528
CLF
CLEVELAND-CLIFFS INC
$12.18 -2.56%
$12.20 (+0.16%)🌙
as of 09/25 06:15 PM
◀ 9/25 18:16 ▶

Option Volume

Detail
ℹ
Current (09/25) 40,152
Calls: 21,690 (54%)
Puts: 18,462 (46%)
Prior (09/24) 22,609
Calls: 12,246 (54%)
Puts: 10,363 (46%)
Current vs Prior +77.59%
Calls: +77.12% (Calls)
Puts: +78.15% (Puts)
Prior 7-Day Total 226,345
Calls: 118,363 (52%)
Puts: 107,982 (48%)
Prior 7-Day Average 32,335
Calls: 16,909 (52%)
Puts: 15,426 (48%)
Current vs Prior 7-Day Avg +24.18%
Calls: +28.27%
Puts: +19.68%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (09/25) $2.66M
Calls: $1.09M (41%)
Puts: $1.57M (59%)
Prior (09/24) $1.46M
Calls: $1.22M (84%)
Puts: $239.5K (16%)
Current vs Prior +82.27%
Calls: -10.74%
Puts: +555.34%
Prior 7-Day Total $18.04M
Calls: $9.43M (52%)
Puts: $8.60M (48%)
Prior 7-Day Average $2.58M
Calls: $1.35M (52%)
Puts: $1.23M (48%)
Current vs Prior 7-Day Avg +3.09%
Calls: -19.32%
Puts: +27.67%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (09/25) 0.85
Prior (09/24) 0.85
Current vs Prior +0.58%
Prior 7-Day Average 0.93
Current vs Prior 7-Day Avg -8.35%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (09/25) 354,068
Calls: 245,496 (69%)
Puts: 108,572 (31%)
Prior (09/24) 369,167
Calls: 268,583 (73%)
Puts: 100,584 (27%)
Current vs Prior -4.09%
Prior 7-Day Total 2,863,696
Calls: 1,966,473 (69%)
Puts: 897,223 (31%)
Prior 7-Day Average 409,099
Calls: 280,924 (69%)
Puts: 128,174 (31%)
Current vs Prior 7-Day Avg -13.45%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 4.68% | 8.54%14.78% | 19.95%
Prior 3.36% | 7.52%11.92% | 20.08%
Current vs Prior +154.12% | +52.85%+23.98% | -0.64%
Prior 7-Day Avg 6.55% | 9.64%7.96% | 15.68%
Current vs 7-Day Avg +30.45% | +19.29%+85.66% | +27.21%
Prior 7-Day Eod 3.36% | 7.52%11.92% | 20.08%
Current vs 7-Day Eod +154.12% | +52.85%+23.98% | -0.64%
Sentiment BEARISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Prior 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 25.30% | 19.77%
Calls: 29.03% | 22.64%
Puts: 21.57% | 16.90%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Elevated premium activity with dollar volume up 82% vs prior. Above-average activity with volume up 78% vs prior. Call-heavy open interest (245,496 calls vs 108,572 puts) suggests bullish 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 NEUTRAL
Prior NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 3 of results (avg 8.9%, best 7.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 252.112.28$2.197.8%30.90--
$14.00Oct 160.190.21$0.2010.0%3020.218.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Oct 21.731.89$1.818.8%1.0K0.935.5K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.60, cheapest $0.12)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 20.450.51$0.4812.5%2960.58443
$14.00Oct 160.190.21$0.2010.0%3020.218.5K
$11.50Oct 20.790.90$0.8512.9%180.78105
$12.00Oct 90.600.70$0.6515.4%90.57271
$13.00Oct 160.390.47$0.4318.6%2.3K0.3714.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Oct 20.110.13$0.1216.7%8370.22378
$12.50Oct 20.510.62$0.5619.6%1.1K0.61564
$13.00Oct 20.860.98$0.9213.0%3620.781.2K
$12.00Oct 160.550.64$0.6015.0%2.2K0.422.8K
$12.00Nov 60.891.02$0.9613.5%370.42--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 43 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 251.541.86$1.7018.8%20.99--
$11.00Sep 251.091.28$1.1916.0%900.98231
$11.50Sep 250.470.77$0.6248.4%1060.97438
$10.50Oct 21.501.93$1.7225.0%30.94--
$12.00Sep 250.150.29$0.2263.6%3410.93756
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Sep 251.161.54$1.3528.1%1.9K1.002.3K
$13.00Sep 250.620.91$0.7737.7%2370.96306
$14.00Oct 21.731.89$1.818.8%1.0K0.935.5K
$12.50Sep 250.300.39$0.3525.7%4490.911.5K
$14.50Oct 92.192.44$2.3210.8%10.904

Most actively traded options today. High liquidity = easy entry/exit. 100 active (total vol 30.5K, top 3.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Oct 20.230.29$0.2623.1%3.0K0.391.1K
$12.50Sep 250.000.04$0.02200.0%2.5K0.144.2K
$13.00Oct 160.390.47$0.4318.6%2.3K0.3714.9K
$13.50Oct 160.240.31$0.2825.0%1.2K0.277.5K
$13.00Sep 250.000.03$0.02150.0%1.1K0.075.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 161.121.29$1.2114.0%3.9K0.641.7K
$11.50Oct 160.330.60$0.4757.4%2.4K0.33370
$12.00Oct 160.550.64$0.6015.0%2.2K0.422.8K
$13.50Sep 251.161.54$1.3528.1%1.9K1.002.3K
$12.50Oct 20.510.62$0.5619.6%1.1K0.61564

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 41 found (best R:R 0.56, avg 1.40)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$11.50Oct 2$0.32$0.18$0.3290%0.56$11.32
$12.00$12.50Oct 30$0.16$0.34$0.1658%2.12$12.16
$12.50$13.00Nov 6$0.19$0.31$0.1952%1.63$12.69
$12.00$12.50Oct 9$0.20$0.30$0.2057%1.50$12.20
$11.50$12.00Oct 16$0.28$0.22$0.2868%0.79$11.78
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 16$0.13$0.37$0.1342%2.85$11.87
$13.00$12.50Oct 16$0.27$0.23$0.2764%0.85$12.73
$13.50$13.00Oct 23$0.30$0.20$0.3066%0.67$13.20
$14.50$13.00Oct 30$1.00$0.50$1.0072%0.50$13.50
$12.50$12.00Oct 2$0.25$0.25$0.2561%1.00$12.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 1.08, avg 0.69)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Oct 30$0.32$0.32$0.1861%1.78$13.82
$12.50$13.00Oct 30$0.29$0.29$0.2149%1.38$12.79
$14.00$14.50Oct 16$0.12$0.12$0.3879%0.32$14.12
$13.50$14.00Oct 9$0.14$0.14$0.3674%0.39$13.64
$13.00$13.50Nov 6$0.23$0.23$0.2755%0.85$13.23
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.50Oct 9$0.26$0.26$0.2475%1.08$10.74
$10.50$10.00Oct 30$0.25$0.25$0.2578%1.00$10.25
$11.00$10.00Nov 6$0.34$0.34$0.6672%0.52$10.66
$11.50$11.00Oct 23$0.25$0.25$0.2565%1.00$11.25
$11.50$11.00Oct 16$0.20$0.20$0.3068%0.67$11.30

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 1.89% of stock, avg 11.32%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Sep 25$0.22$0.01$0.23$11.77$12.231.89%
$12.50Sep 25$0.02$0.35$0.37$12.13$12.873.04%
$11.50Sep 25$0.62$0.01$0.63$10.87$12.135.17%
$13.00Sep 25$0.02$0.77$0.79$12.21$13.796.49%
$12.00Oct 2$0.48$0.31$0.79$11.21$12.796.49%
$12.50Oct 2$0.26$0.56$0.82$11.68$13.326.73%
$11.50Oct 2$0.85$0.12$0.97$10.53$12.477.96%
$13.00Oct 2$0.12$0.92$1.04$11.96$14.048.54%
$12.00Oct 9$0.65$0.48$1.13$10.87$13.139.28%
$12.50Oct 9$0.45$0.75$1.20$11.30$13.709.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 109 found (cheapest 0.25% of stock, avg 5.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$12.00Sep 25$0.02$0.01$0.03$11.97$13.03
$12.50$12.00Sep 25$0.02$0.01$0.03$11.97$12.53
$14.00$10.50Oct 2$0.03$0.03$0.06$10.44$14.06
$14.00$10.00Oct 2$0.03$0.05$0.08$9.92$14.08
$14.00$11.00Oct 2$0.03$0.05$0.08$10.92$14.08
$14.50$10.00Oct 9$0.07$0.04$0.11$9.89$14.61
$13.50$10.50Oct 2$0.08$0.03$0.11$10.39$13.61
$14.50$12.00Sep 25$0.11$0.01$0.12$11.88$14.62
$13.50$11.00Oct 2$0.08$0.05$0.13$10.87$13.63
$14.50$10.50Oct 9$0.07$0.07$0.14$10.36$14.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.78, avg credit $0.29)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1214/14Oct 16$0.32$0.1847%1.78$11.18$14.32
10/1114/14Oct 16$0.25$0.2557%1.00$10.75$14.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 33 found (best R:R 5.25, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Sep 25$0.20$0.3086%1.50
$11.50$12.00$12.50Sep 25$0.20$0.3082%1.50
$12.00$12.50$13.00Oct 2$0.08$0.4237%5.25
$11.00$11.50$12.00Oct 9$0.07$0.4318%6.14
$11.50$12.00$12.50Oct 2$0.15$0.3540%2.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Sep 25$0.08$0.4289%5.25
$11.50$12.00$12.50Oct 2$0.06$0.4439%7.33
$11.50$12.00$12.50Sep 25$0.34$0.1688%0.47
$12.00$12.50$13.00Oct 9$0.06$0.4426%7.33
$12.50$13.00$13.50Oct 2$0.06$0.4425%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 49 found (best net $-0.07, 41 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$12.001:2Oct 30-$0.07$1.43
$11.00$11.501:2Sep 25-$0.05$0.45
$12.00$13.001:2Oct 23-$0.08$0.92
$11.50$12.001:2Oct 2-$0.11$0.39
$10.50$11.501:2Oct 23-$0.59$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.00$13.001:2Oct 9-$0.31$0.69
$14.50$13.001:2Oct 30-$0.54$0.96
$13.00$12.001:2Oct 30-$0.08$0.92
$13.50$13.001:2Sep 25-$0.19$0.31
$14.00$13.001:2Oct 16-$0.45$0.55

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 6.24%, avg 3.14%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Nov 6$0.760.456.7%6.24%12.97%2--
$12.50Nov 6$0.900.522.6%7.39%10.02%1--
$14.00Nov 6$0.460.3214.9%3.78%18.72%2--
$13.50Nov 6$0.520.3810.8%4.27%15.11%1--
$13.50Oct 30$0.490.3910.8%4.02%14.86%1--
$13.00Oct 30$0.530.426.7%4.35%11.08%79142
$13.50Oct 23$0.410.3310.8%3.37%14.20%2244
$12.50Oct 30$0.630.512.6%5.17%7.80%19117
$14.00Oct 23$0.270.2814.9%2.22%17.16%11.3K
$14.00Oct 30$0.260.2814.9%2.13%17.08%11--

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 21,690
Total Puts 18,462
Put/Call Ratio 0.85
Net Difference 3,228

Prior's Put/Call Breakdown

Total Calls 12,246
Total Puts 10,363
Put/Call Ratio 0.85
Net Difference 1,883

Prior 7-Day Put/Call Summary

Total Calls 118,363
Total Puts 107,982
Average Put/Call Ratio 0.93
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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