Tour v366
CLF
CLEVELAND-CLIFFS INC
$8.98 -3.23%
$9.02 (+0.41%)🌙
as of 07/20 06:19 PM
7/20 18:20

Option Volume

Detail
Current (07/20) 92,314
Calls: 54,836 (59%)
Puts: 37,478 (41%)
Prior (07/17) 26,808
Calls: 15,713 (59%)
Puts: 11,095 (41%)
Current vs Prior +244.35%
Calls: +248.98% (Calls)
Puts: +237.79% (Puts)
Prior 7-Day Total 215,575
Calls: 159,558 (74%)
Puts: 56,017 (26%)
Prior 7-Day Average 30,796
Calls: 22,794 (74%)
Puts: 8,002 (26%)
Current vs Prior 7-Day Avg +199.76%
Calls: +140.57%
Puts: +368.33%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/20) $5.64M
Calls: $3.13M (56%)
Puts: $2.51M (44%)
Prior (07/17) $1.77M
Calls: $726.0K (41%)
Puts: $1.05M (59%)
Current vs Prior +218.00%
Calls: +331.42%
Puts: +139.39%
Prior 7-Day Total $13.61M
Calls: $7.72M (57%)
Puts: $5.90M (43%)
Prior 7-Day Average $1.94M
Calls: $1.10M (57%)
Puts: $842.2K (43%)
Current vs Prior 7-Day Avg +189.98%
Calls: +184.03%
Puts: +197.76%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/20) 0.68
Prior (07/17) 0.71
Current vs Prior -3.21%
Prior 7-Day Average 0.40
Current vs Prior 7-Day Avg +69.81%
Sentiment BULLISH

Open Interest

Detail
Current (07/20) 463,999
Calls: 382,527 (82%)
Puts: 81,472 (18%)
Prior (07/17) 456,759
Calls: 380,515 (83%)
Puts: 76,244 (17%)
Current vs Prior +1.59%
Prior 7-Day Total 3,272,802
Calls: 2,710,782 (83%)
Puts: 562,020 (17%)
Prior 7-Day Average 467,543
Calls: 387,254 (83%)
Puts: 80,288 (17%)
Current vs Prior 7-Day Avg -0.76%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 12.58% | 14.48%19.93% | 25.39%
Prior 12.50% | 14.87%2.69% | 20.15%
Current vs Prior +0.67% | -2.65%+639.91% | +26.00%
Prior 7-Day Avg 6.42% | 13.24%5.75% | 21.09%
Current vs 7-Day Avg +96.07% | +9.34%+246.89% | +20.40%
Prior 7-Day Eod 12.50% | 14.87%2.69% | 20.15%
Current vs 7-Day Eod +0.67% | -2.65%+639.91% | +26.00%
Sentiment BEARISHBEARISH

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

Massive premium surge with dollar volume up 218% vs prior. Dollar volume significantly above 7-day average (190% higher). Unusually high activity with volume up 244% vs prior - elevated interest. Volume explosion - 200% above 7-day average (92,314 vs avg 30,796).

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 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 18 of results (avg 7.0%, best 3.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 310.440.46$0.454.4%3.0K0.421.2K
$8.00Jul 311.221.31$1.277.1%1150.7795
$8.00Aug 71.281.39$1.348.2%30.76--
$8.50Jul 240.810.88$0.858.2%1970.68211
$8.00Aug 141.341.47$1.419.2%320.73--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 311.671.73$1.703.5%2000.78--
$10.50Aug 211.821.91$1.874.8%1000.69--
$10.00Aug 71.331.41$1.375.8%20.65141
$10.00Aug 211.441.53$1.496.0%2320.623.3K
$8.50Jul 240.320.34$0.336.1%4740.33857

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 33 found (avg $0.61, cheapest $0.14)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 240.150.18$0.1618.8%4530.211.2K
$10.00Jul 240.230.27$0.2516.0%2.2K0.299.1K
$9.50Jul 240.360.41$0.3912.8%9.0K0.411.1K
$9.50Jul 310.440.46$0.454.4%3.0K0.421.2K
$10.00Aug 210.500.60$0.5518.2%2490.405.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 310.130.14$0.147.1%3.5K0.14491
$7.50Aug 70.160.19$0.1816.7%370.16--
$7.50Aug 210.240.29$0.2718.5%640.19--
$8.50Jul 240.320.34$0.336.1%4740.33857
$8.50Jul 310.370.44$0.4117.1%440.34--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 32 found (avg delta 0.67, highest 0.90)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$7.50Jul 241.272.07$1.6747.9%2050.9023
$7.50Jul 311.462.22$1.8441.3%640.86--
$8.00Jul 241.123.15$2.1395.3%490.8032
$8.00Jul 311.221.31$1.277.1%1150.7795
$8.00Aug 71.281.39$1.348.2%30.76--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Jul 241.481.81$1.6520.0%3110.80582
$10.50Jul 311.671.73$1.703.5%2000.78--
$10.50Aug 71.731.84$1.796.1%80.75--
$10.00Jul 241.191.28$1.237.3%1.5K0.71855
$10.50Aug 211.821.91$1.874.8%1000.69--

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 51.3K, top 9.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 240.360.41$0.3912.8%9.0K0.411.1K
$9.00Jul 240.550.61$0.5810.3%4.8K0.54871
$9.50Jul 310.440.46$0.454.4%3.0K0.421.2K
$10.00Jul 240.230.27$0.2516.0%2.2K0.299.1K
$9.00Jul 310.600.72$0.6618.2%2.0K0.545.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 240.510.60$0.5516.4%5.0K0.473.9K
$7.50Jul 310.130.14$0.147.1%3.5K0.14491
$9.50Jul 240.810.91$0.8611.6%3.2K0.60951
$8.00Jul 310.210.27$0.2425.0%3.0K0.23416
$10.00Jul 311.261.35$1.316.9%2.6K0.682.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 14 strikes (avg 83.6%, max 92.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 24Aug 28163.0%84.9%92.0%4781.2K
$8.50Jul 24Aug 28152.6%79.5%91.9%203211
$9.00Jul 24Aug 28151.7%80.5%88.4%4.8K871
$10.00Jul 24Aug 28158.1%85.6%84.8%2.2K9.2K
$8.00Jul 24Aug 21155.3%84.5%83.9%98150
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$8.50Jul 24Aug 28152.6%79.5%91.9%492857
$10.50Jul 24Aug 21163.0%85.5%90.7%411582
$8.00Jul 24Aug 28155.3%81.8%89.8%2.2K1.1K
$9.00Jul 24Aug 28151.7%80.5%88.4%5.0K3.9K
$10.00Jul 24Aug 21158.1%84.5%87.2%1.7K4.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 47 found (best R:R 3.17, avg 1.63)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$9.50$10.00Jul 31$0.12$0.38$0.123.17$9.62
$10.00$10.50Aug 21$0.12$0.38$0.123.17$10.12
$10.00$10.50Jul 31$0.13$0.37$0.132.85$10.13
$10.00$10.50Aug 14$0.13$0.37$0.132.85$10.13
$9.50$10.00Jul 24$0.14$0.36$0.142.57$9.64
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$8.00$7.50Aug 7$0.13$0.37$0.132.85$7.87
$8.00$7.50Aug 14$0.13$0.37$0.132.85$7.87
$8.00$7.50Aug 28$0.13$0.37$0.132.85$7.87
$8.50$8.00Jul 24$0.15$0.35$0.152.33$8.35
$8.00$7.50Aug 21$0.15$0.35$0.152.33$7.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 54 found (best R:R 3.55, avg 1.05)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$8.00$8.50Jul 31$0.34$0.34$0.162.12$8.34
$8.00$8.50Aug 7$0.32$0.32$0.181.78$8.32
$8.00$8.50Aug 14$0.30$0.30$0.201.50$8.30
$8.50$9.00Aug 14$0.29$0.29$0.211.38$8.79
$8.00$8.50Aug 21$0.29$0.29$0.211.38$8.29
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.50$10.00Jul 31$0.39$0.39$0.113.55$10.11
$10.50$10.00Aug 21$0.38$0.38$0.123.17$10.12
$10.00$9.50Jul 24$0.37$0.37$0.132.85$9.63
$10.00$9.50Jul 31$0.36$0.36$0.142.57$9.64
$10.00$9.50Aug 7$0.35$0.35$0.152.33$9.65

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.08, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Jul 24Jul 31$0.06155.4%104.6%
$8.50Jul 24Jul 31$0.08152.6%104.0%
$9.00Jul 24Jul 31$0.08151.7%103.9%
$10.00Jul 24Jul 31$0.08158.1%110.0%
$7.50Jul 24Jul 31$0.17154.1%108.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 24Jul 31$0.05163.0%104.7%
$7.50Jul 24Jul 31$0.06154.1%108.9%
$8.00Jul 24Jul 31$0.06155.3%105.6%
$8.50Jul 24Jul 31$0.08152.6%104.0%
$10.00Jul 24Jul 31$0.08158.1%110.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 32 found (cheapest 12.58% of stock, avg 18.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$9.00Jul 24$0.58$0.55$1.13$7.87$10.1312.58%
$8.50Jul 24$0.85$0.33$1.18$7.32$9.6813.14%
$9.50Jul 24$0.39$0.86$1.25$8.25$10.7513.92%
$9.00Jul 31$0.66$0.64$1.30$7.70$10.3014.48%
$8.50Jul 31$0.93$0.41$1.34$7.16$9.8414.92%
$9.50Jul 31$0.45$0.95$1.40$8.10$10.9015.59%
$9.00Aug 7$0.75$0.72$1.47$7.53$10.4716.37%
$10.00Jul 24$0.25$1.23$1.48$8.52$11.4816.48%
$8.50Aug 7$1.02$0.47$1.49$7.01$9.9916.59%
$8.00Jul 31$1.27$0.24$1.51$6.49$9.5116.82%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 72 found (cheapest 2.67% of stock, avg 10.10%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$10.50$7.50Jul 24$0.16$0.08$0.24$7.26$10.74
$10.00$7.50Jul 24$0.25$0.08$0.33$7.17$10.33
$10.50$8.00Jul 24$0.16$0.18$0.34$7.66$10.84
$10.50$7.50Jul 31$0.20$0.14$0.34$7.16$10.84
$10.00$8.00Jul 24$0.25$0.18$0.43$7.57$10.43
$10.50$8.00Jul 31$0.20$0.24$0.44$7.56$10.94
$10.50$7.50Aug 7$0.26$0.18$0.44$7.06$10.94
$9.50$7.50Jul 24$0.39$0.08$0.47$7.03$9.97
$10.00$7.50Jul 31$0.33$0.14$0.47$7.03$10.47
$10.50$8.50Jul 24$0.16$0.33$0.49$8.01$10.99

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 36 found (best R:R 4.00, avg credit $0.33)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
8/910/10Aug 7$0.40$0.104.00$8.60$10.40
8/88/9Aug 21$0.40$0.104.00$7.60$8.90
8/810/10Aug 21$0.40$0.104.00$8.10$9.90
8/88/9Aug 28$0.39$0.113.55$7.61$8.89
8/89/10Jul 31$0.38$0.123.17$8.12$9.38
8/910/10Aug 14$0.37$0.132.85$8.63$10.37
8/910/10Jul 24$0.36$0.142.57$8.64$9.86
8/910/10Jul 31$0.36$0.142.57$8.64$10.36
8/89/10Aug 28$0.36$0.142.57$8.14$9.36
8/910/10Jul 31$0.35$0.152.33$8.65$9.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 29 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$9.50$10.00$10.50Jul 24$0.05$0.459.00
$8.50$9.00$9.50Aug 21$0.05$0.459.00
$8.50$9.00$9.50Jul 31$0.06$0.447.33
$8.00$8.50$9.00Jul 31$0.07$0.436.14
$9.50$10.00$10.50Aug 21$0.07$0.436.14
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$7.50$8.00$8.50Jul 24$0.05$0.459.00
$9.00$9.50$10.00Jul 31$0.05$0.459.00
$8.50$9.00$9.50Aug 7$0.05$0.459.00
$7.50$8.00$8.50Aug 14$0.05$0.459.00
$8.50$9.00$9.50Aug 14$0.05$0.459.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-0.07, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$10.501:2Jul 24-$0.07$0.43
$10.00$10.501:2Jul 31-$0.07$0.43
$9.50$10.001:2Jul 24-$0.11$0.39
$10.00$10.501:2Aug 7-$0.11$0.39
$9.00$9.501:2Jul 24-$0.20$0.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$8.50$8.001:2Jul 31-$0.07$0.43
$9.00$8.501:2Jul 24-$0.11$0.39
$8.00$7.501:2Aug 14-$0.12$0.38
$8.00$7.501:2Aug 21-$0.12$0.38
$8.50$8.001:2Aug 7-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 24 found (best yield 9.91%, avg 5.38%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$9.00Aug 28$0.890.560.2%9.91%10.13%11--
$9.00Aug 21$0.870.560.2%9.69%9.91%2845.1K
$9.00Aug 14$0.760.550.2%8.46%8.69%45--
$9.50Aug 28$0.740.485.8%8.24%14.03%251
$9.00Aug 7$0.670.550.2%7.46%7.68%20250
$9.50Aug 21$0.670.485.8%7.46%13.25%30--
$9.00Jul 31$0.600.540.2%6.68%6.90%2.0K5.2K
$9.50Aug 14$0.590.465.8%6.57%12.36%72206
$10.00Aug 28$0.560.4111.4%6.24%17.59%3460
$9.00Jul 24$0.550.540.2%6.12%6.35%4.8K871

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 54,836
Total Puts 37,478
Put/Call Ratio 0.68
Net Difference 17,358

Prior's Put/Call Breakdown

Total Calls 15,713
Total Puts 11,095
Put/Call Ratio 0.71
Net Difference 4,618

Prior 7-Day Put/Call Summary

Total Calls 159,558
Total Puts 56,017
Average Put/Call Ratio 0.40
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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