Tour v531
CLF
CLEVELAND-CLIFFS INC
$12.86 -0.23%
$12.80 (-0.47%)🌙
as of 10/13 06:12 PM
◀ 10/13 18:12 ▶

Option Volume

Detail
ℹ
Current (10/13) 64,378
Calls: 12,910 (20%)
Puts: 51,468 (80%)
Prior (10/12) 16,394
Calls: 10,250 (63%)
Puts: 6,144 (37%)
Current vs Prior +292.69%
Calls: +25.95% (Calls)
Puts: +737.70% (Puts)
Prior 7-Day Total 316,095
Calls: 194,860 (62%)
Puts: 121,235 (38%)
Prior 7-Day Average 45,156
Calls: 27,837 (62%)
Puts: 17,319 (38%)
Current vs Prior 7-Day Avg +42.57%
Calls: -53.62%
Puts: +197.17%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (10/13) $6.57M
Calls: $1.17M (18%)
Puts: $5.40M (82%)
Prior (10/12) $1.06M
Calls: $722.7K (68%)
Puts: $335.0K (32%)
Current vs Prior +521.48%
Calls: +61.91%
Puts: +1513.04%
Prior 7-Day Total $23.64M
Calls: $14.57M (62%)
Puts: $9.07M (38%)
Prior 7-Day Average $3.38M
Calls: $2.08M (62%)
Puts: $1.30M (38%)
Current vs Prior 7-Day Avg +94.62%
Calls: -43.80%
Puts: +317.12%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/13) 3.99
Prior (10/12) 0.60
Current vs Prior +565.10%
Prior 7-Day Average 0.60
Current vs Prior 7-Day Avg +566.90%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (10/13) 506,383
Calls: 325,613 (64%)
Puts: 180,770 (36%)
Prior (10/12) 536,995
Calls: 367,735 (68%)
Puts: 169,260 (32%)
Current vs Prior -5.70%
Prior 7-Day Total 3,279,649
Calls: 2,282,986 (70%)
Puts: 996,663 (30%)
Prior 7-Day Average 468,521
Calls: 326,140 (70%)
Puts: 142,380 (30%)
Current vs Prior 7-Day Avg +8.08%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/16) | Next (10/23)Expiry (10/16) | Next (11/20)
Current 7.00% | 14.93%7.00% | 17.73%
Prior 8.15% | 14.43%8.15% | 19.16%
Current vs Prior -14.09% | +3.47%-14.09% | -7.48%
Prior 7-Day Avg 7.35% | 10.81%10.23% | 19.32%
Current vs 7-Day Avg -4.83% | +38.07%-31.57% | -8.23%
Prior 7-Day Eod 8.15% | 14.43%8.15% | 19.16%
Current vs 7-Day Eod -14.09% | +3.47%-14.09% | -7.48%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 20.79% | 24.65%
Calls: 17.14% | 9.09%
Puts: 24.44% | 40.21%
Prior 20.79% | 24.65%
Calls: 17.14% | 9.09%
Puts: 24.44% | 40.21%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 24.91% | 17.39%
Calls: 29.46% | 16.44%
Puts: 20.36% | 18.34%
Current vs 7-Day Avg -16.53% | +41.71%
Liquidity Expensive
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🤖 AI Insights

Strong bearish conviction with 82% of dollar volume in puts ($5.40M) vs calls ($1.17M). Massive premium surge with dollar volume up 521% vs prior. Dollar volume significantly above 7-day average (95% higher). Unusually high activity with volume up 293% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 4 of results (avg 7.5%, best 5.5%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Nov 201.071.13$1.105.5%4350.534.0K
$12.00Oct 231.261.35$1.316.9%340.701.9K
$14.00Nov 200.690.75$0.728.3%1020.402.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Nov 201.121.23$1.189.3%1540.47901

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.77, cheapest $0.91)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.830.98$0.9116.5%1.5K0.8612.0K
$13.00Oct 230.650.77$0.7116.9%2810.488.3K
$13.00Nov 60.861.04$0.9518.9%450.53188
$14.00Nov 200.690.75$0.728.3%1020.402.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Oct 230.550.65$0.6016.7%10.41--
$12.00Nov 200.650.74$0.7012.9%1370.331.7K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 33 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Oct 162.012.61$2.3126.0%40.9910
$11.00Oct 161.662.02$1.8419.6%730.992.2K
$11.50Oct 161.271.51$1.3917.3%5290.951.6K
$11.00Oct 231.962.31$2.1316.4%380.873.3K
$12.00Oct 160.830.98$0.9116.5%1.5K0.8612.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.50Oct 161.521.95$1.7424.7%5020.94501
$14.00Oct 160.981.39$1.1934.5%1.6K0.913.4K
$13.50Oct 160.610.84$0.7331.5%9610.779.6K
$15.00Oct 302.173.05$2.6133.7%80.7411
$15.00Nov 202.392.69$2.5411.8%530.72257

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 19.3K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Oct 230.380.67$0.5354.7%1.5K0.395.7K
$12.00Oct 160.830.98$0.9116.5%1.5K0.8612.0K
$13.00Oct 160.210.28$0.2528.0%1.0K0.4418.4K
$11.50Oct 161.271.51$1.3917.3%5290.951.6K
$14.00Oct 160.020.04$0.0366.7%5210.099.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 230.330.41$0.3721.6%1.7K0.30971
$14.00Oct 160.981.39$1.1934.5%1.6K0.913.4K
$11.00Oct 230.130.19$0.1637.5%1.3K0.15924
$13.50Oct 231.051.23$1.1415.8%1.0K0.601.1K
$13.50Oct 160.610.84$0.7331.5%9610.779.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 19.8%, max 38.4%)

CALLS (0)
No calls found
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$15.00Oct 30Nov 2093.6%67.6%38.4%61268
$12.50Oct 16Nov 2769.6%68.7%1.2%6993.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 37 found (best R:R 1.63, avg 1.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$13.00Oct 30$0.38$0.62$0.3868%1.63$12.38
$12.00$13.00Nov 6$0.45$0.55$0.4569%1.22$12.45
$12.00$13.00Nov 20$0.46$0.54$0.4667%1.17$12.46
$13.00$13.50Nov 6$0.11$0.39$0.1153%3.55$13.11
$14.00$15.00Nov 6$0.21$0.79$0.2138%3.76$14.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.50$13.00Oct 23$0.20$0.30$0.2060%1.50$13.30
$13.00$12.50Nov 6$0.17$0.33$0.1748%1.94$12.83
$13.00$12.50Oct 16$0.21$0.29$0.2156%1.38$12.79
$12.50$12.00Oct 16$0.10$0.40$0.1031%4.00$12.40
$12.00$11.50Oct 23$0.13$0.37$0.1330%2.85$11.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 0.70, avg 0.62)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Nov 6$0.29$0.29$0.2153%1.38$13.79
$14.50$15.00Oct 23$0.15$0.15$0.3577%0.43$14.65
$13.50$14.00Oct 23$0.22$0.22$0.2861%0.79$13.72
$13.00$13.50Oct 16$0.14$0.14$0.3656%0.39$13.14
$13.00$13.50Oct 30$0.23$0.23$0.2748%0.85$13.23
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$11.00Nov 27$0.62$0.62$0.8861%0.70$11.88
$12.00$11.50Oct 30$0.33$0.33$0.1768%1.94$11.67
$12.00$11.00Nov 13$0.40$0.40$0.6066%0.67$11.60
$12.00$11.00Nov 20$0.34$0.34$0.6667%0.52$11.66
$11.50$11.00Nov 6$0.18$0.18$0.3276%0.56$11.32

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.48, cheapest $0.43)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Oct 16Oct 23$0.4669.6%86.9%
$13.00Oct 16Oct 23$0.4666.7%97.3%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Oct 16Oct 23$0.4369.6%86.9%
$13.00Oct 16Oct 23$0.5666.7%97.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 16 found (cheapest 4.90% of stock, avg 12.55%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$13.00Oct 16$0.25$0.38$0.63$12.37$13.634.90%
$12.50Oct 16$0.52$0.17$0.69$11.81$13.195.37%
$13.50Oct 16$0.11$0.73$0.84$12.66$14.346.53%
$12.00Oct 16$0.91$0.07$0.98$11.02$12.987.62%
$14.00Oct 16$0.03$1.19$1.22$12.78$15.229.49%
$12.50Oct 23$0.98$0.60$1.58$10.92$14.0812.29%
$13.00Oct 23$0.71$0.94$1.65$11.35$14.6512.83%
$13.50Oct 23$0.53$1.14$1.67$11.83$15.1712.99%
$12.00Oct 23$1.31$0.37$1.68$10.32$13.6813.06%
$13.00Oct 30$0.87$0.96$1.83$11.17$14.8314.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 84 found (cheapest 0.39% of stock, avg 6.72%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$11.50Oct 16$0.03$0.02$0.05$11.45$14.05
$14.00$12.00Oct 16$0.03$0.07$0.10$11.90$14.10
$13.50$11.50Oct 16$0.11$0.02$0.13$11.37$13.63
$13.50$12.00Oct 16$0.11$0.07$0.18$11.82$13.68
$15.00$10.50Oct 23$0.11$0.09$0.20$10.30$15.20
$14.00$12.50Oct 16$0.03$0.17$0.20$12.30$14.20
$15.00$11.00Oct 23$0.11$0.16$0.27$10.73$15.27
$13.50$12.50Oct 16$0.11$0.17$0.28$12.22$13.78
$15.00$11.50Oct 23$0.11$0.24$0.35$11.15$15.35
$14.50$10.50Oct 23$0.26$0.09$0.35$10.15$14.85

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 1.27, avg credit $0.28)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
12/1214/15Oct 23$0.28$0.2247%1.27$11.72$14.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 11.50, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Nov 20$0.08$0.9227%11.50
$13.00$14.00$15.00Nov 20$0.09$0.9125%10.11
$13.00$13.50$14.00Oct 16$0.06$0.4436%7.33
$12.50$13.00$13.50Oct 16$0.13$0.3746%2.85
$12.00$12.50$13.00Oct 16$0.12$0.3842%3.17
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$13.00$14.00$15.00Nov 20$0.12$0.8825%7.33
$12.00$12.50$13.00Oct 16$0.11$0.3942%3.55
$12.00$13.00$14.00Nov 20$0.14$0.8627%6.14
$11.00$12.00$13.00Nov 20$0.14$0.8627%6.14
$12.50$13.00$13.50Oct 16$0.14$0.3646%2.57

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 $-0.13, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$12.501:2Oct 16-$0.13$0.37
$14.00$15.001:2Nov 20-$0.14$0.86
$14.00$15.001:2Nov 6-$0.13$0.87
$12.00$13.001:2Nov 6-$0.50$0.50
$12.00$13.001:2Oct 30-$0.49$0.51
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$11.501:2Nov 6-$0.06$0.94
$14.00$13.501:2Oct 16-$0.27$0.23
$13.00$12.001:2Nov 20-$0.22$0.78
$11.50$11.001:2Nov 6-$0.06$0.44
$12.50$12.001:2Oct 23-$0.14$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 5.37%, avg 3.82%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$14.00Nov 20$0.690.408.9%5.37%14.23%1022.4K
$13.00Nov 20$1.070.531.1%8.32%9.41%4354.0K
$13.50Nov 13$0.740.455.0%5.75%10.73%1--
$13.00Nov 13$0.950.521.1%7.39%8.48%56156
$14.00Nov 13$0.570.388.9%4.43%13.30%665
$13.50Nov 6$0.660.475.0%5.13%10.11%1--
$13.00Nov 6$0.860.531.1%6.69%7.78%45188
$15.00Nov 27$0.250.3116.6%1.94%18.58%1--
$15.00Nov 20$0.310.2816.6%2.41%19.05%4045.5K
$14.00Nov 6$0.470.388.9%3.65%12.52%2143

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 12,910
Total Puts 51,468
Put/Call Ratio 3.99
Net Difference -38,558

Prior's Put/Call Breakdown

Total Calls 10,250
Total Puts 6,144
Put/Call Ratio 0.60
Net Difference 4,106

Prior 7-Day Put/Call Summary

Total Calls 194,860
Total Puts 121,235
Average Put/Call Ratio 0.60
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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