Tour v422
CLF
CLEVELAND-CLIFFS INC
$12.25 +2.68%
$12.20 (-0.41%)🌙
as of 07/27 06:20 PM
7/27 18:20

Option Volume

Detail
Current (07/27) 55,591
Calls: 39,297 (71%)
Puts: 16,294 (29%)
Prior (07/24) 134,244
Calls: 87,455 (65%)
Puts: 46,789 (35%)
Current vs Prior -58.59%
Calls: -55.07% (Calls)
Puts: -65.18% (Puts)
Prior 7-Day Total 564,422
Calls: 385,735 (68%)
Puts: 178,687 (32%)
Prior 7-Day Average 80,631
Calls: 55,105 (68%)
Puts: 25,526 (32%)
Current vs Prior 7-Day Avg -31.06%
Calls: -28.69%
Puts: -36.17%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/27) $4.65M
Calls: $3.85M (83%)
Puts: $794.7K (17%)
Prior (07/24) $10.53M
Calls: $7.59M (72%)
Puts: $2.95M (28%)
Current vs Prior -55.88%
Calls: -49.22%
Puts: -73.03%
Prior 7-Day Total $39.43M
Calls: $24.86M (63%)
Puts: $14.57M (37%)
Prior 7-Day Average $5.63M
Calls: $3.55M (63%)
Puts: $2.08M (37%)
Current vs Prior 7-Day Avg -17.49%
Calls: +8.48%
Puts: -61.81%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/27) 0.41
Prior (07/24) 0.54
Current vs Prior -22.50%
Prior 7-Day Average 0.58
Current vs Prior 7-Day Avg -28.07%
Sentiment BULLISH

Open Interest

Detail
Current (07/27) 491,288
Calls: 388,294 (79%)
Puts: 102,994 (21%)
Prior (07/24) 618,191
Calls: 473,983 (77%)
Puts: 144,208 (23%)
Current vs Prior -20.53%
Prior 7-Day Total 3,937,964
Calls: 3,064,416 (78%)
Puts: 873,548 (22%)
Prior 7-Day Average 562,566
Calls: 437,773 (78%)
Puts: 124,792 (22%)
Current vs Prior 7-Day Avg -12.67%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 9.63% | 12.49%16.41% | 19.84%
Prior 10.48% | 12.99%17.10% | 21.04%
Current vs Prior -8.07% | -3.87%-4.04% | -5.72%
Prior 7-Day Avg 9.96% | 13.35%13.79% | 22.42%
Current vs 7-Day Avg -3.28% | -6.47%+18.96% | -11.52%
Prior 7-Day Eod 10.48% | 12.99%17.10% | 21.04%
Current vs 7-Day Eod -8.07% | -3.87%-4.04% | -5.72%
Sentiment BULLISHBULLISH

Relative Spread

Detail
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 14.78% | 14.73%
Calls: 14.85% | 15.87%
Puts: 14.71% | 13.58%
Current vs 7-Day Avg +71.18% | +34.25%
Liquidity Expensive
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🤖 AI Insights

Strong bullish conviction with 83% of dollar volume in calls ($3.85M) vs puts ($794.7K). Light premium activity with dollar volume down 56% vs prior. Below-average activity with volume down 59% vs prior. Extreme bullish P/C ratio of 0.41 - heavy call buying (39,297 calls vs 16,294 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
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 8 of results (avg 7.5%, best 4.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 211.271.33$1.304.6%1.4K0.656.8K
$12.50Aug 210.760.80$0.785.1%1.3K0.482.6K
$10.00Aug 142.312.45$2.385.9%10.89--
$11.50Jul 310.880.95$0.927.6%8280.761.3K
$12.00Jul 310.540.59$0.568.9%2.0K0.604.7K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 22 found (avg $0.58, cheapest $0.18)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Jul 310.160.19$0.1816.7%4.1K0.278.8K
$14.50Aug 210.210.25$0.2317.4%60.20--
$14.00Aug 210.300.34$0.3212.5%4330.256.1K
$12.50Jul 310.310.34$0.339.1%2.5K0.421.1K
$13.00Aug 70.320.36$0.3411.8%1290.341.7K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 70.310.37$0.3417.6%3.3K0.30150
$11.00Aug 210.370.41$0.3910.3%6980.262.6K
$12.00Aug 70.490.59$0.5418.5%310.42133
$12.00Aug 210.730.88$0.8118.5%5800.432.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 41 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Jul 311.912.30$2.1118.5%3461.003.5K
$10.50Jul 311.411.84$1.6326.4%3090.921.0K
$10.00Aug 72.172.46$2.3212.5%40.91312
$10.00Aug 142.312.45$2.385.9%10.89--
$11.00Jul 311.191.49$1.3422.4%4610.882.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Jul 311.672.07$1.8721.4%60.915
$14.50Jul 312.133.15$2.6438.6%20.84--
$14.00Aug 71.772.33$2.0527.3%10.83--
$14.50Aug 141.632.76$2.1951.6%20.82--
$14.00Aug 211.952.23$2.0913.4%60.74--

Most actively traded options today. High liquidity = easy entry/exit. 99 active (total vol 35.4K, top 4.1K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Jul 310.160.19$0.1816.7%4.1K0.278.8K
$13.00Aug 210.490.62$0.5523.6%3.5K0.399.4K
$12.50Jul 310.310.34$0.339.1%2.5K0.421.1K
$12.00Jul 310.540.59$0.568.9%2.0K0.604.7K
$11.50Aug 211.271.33$1.304.6%1.4K0.656.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 70.310.37$0.3417.6%3.3K0.30150
$11.50Jul 310.150.20$0.1827.8%1.1K0.241.0K
$12.00Jul 310.300.39$0.3525.7%9060.404.2K
$10.00Aug 210.160.22$0.1931.6%7990.142.9K
$10.00Aug 140.110.18$0.1450.0%7960.12184

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 20 strikes (avg 36.3%, max 94.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 31Aug 28109.8%71.8%52.9%3311.0K
$10.00Jul 31Aug 21110.0%76.1%44.4%1.5K7.8K
$12.00Jul 31Sep 488.8%65.5%35.7%2.0K4.7K
$14.00Jul 31Sep 493.2%70.2%32.8%2141.1K
$11.00Jul 31Sep 493.6%71.2%31.5%4632.0K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$14.50Jul 31Aug 14149.9%77.2%94.0%4--
$10.50Jul 31Aug 28109.8%71.8%52.9%416248
$10.00Jul 31Sep 4110.0%74.5%47.7%7472.0K
$12.00Jul 31Sep 488.8%65.5%35.7%9114.2K
$11.00Jul 31Sep 493.6%71.2%31.5%3852.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 53 found (best R:R 4.00, avg 1.74)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$13.50$14.00Aug 28$0.10$0.40$0.104.00$13.60
$13.00$13.50Aug 21$0.11$0.39$0.113.55$13.11
$13.50$14.00Aug 7$0.12$0.38$0.123.17$13.62
$13.50$14.00Aug 14$0.12$0.38$0.123.17$13.62
$13.50$14.00Aug 21$0.12$0.38$0.123.17$13.62
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.00$10.50Aug 21$0.10$0.40$0.104.00$10.90
$11.00$10.50Aug 14$0.11$0.39$0.113.55$10.89
$11.50$11.00Aug 7$0.13$0.37$0.132.85$11.37
$11.50$11.00Aug 14$0.13$0.37$0.132.85$11.37
$11.00$10.00Sep 4$0.26$0.74$0.262.85$10.74

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 65 found (best R:R 6.69, avg 1.19)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$10.50Aug 21$0.38$0.38$0.123.17$10.38
$11.50$12.00Jul 31$0.36$0.36$0.142.57$11.86
$11.00$11.50Aug 7$0.36$0.36$0.142.57$11.36
$11.00$11.50Aug 14$0.34$0.34$0.162.13$11.34
$11.00$11.50Aug 28$0.34$0.34$0.162.13$11.34
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$14.00$13.00Jul 31$0.87$0.87$0.136.69$13.13
$14.00$13.00Aug 21$0.78$0.78$0.223.55$13.22
$13.00$12.50Jul 31$0.38$0.38$0.123.17$12.62
$13.00$12.50Aug 7$0.37$0.37$0.132.85$12.63
$13.50$13.00Aug 7$0.34$0.34$0.162.13$13.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 17 found (avg debit $0.16, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$14.50Aug 7Aug 14$0.0881.8%77.2%
$14.00Jul 31Aug 7$0.0993.2%77.1%
$11.50Jul 31Aug 7$0.1190.7%76.7%
$13.00Jul 31Aug 7$0.1689.5%76.9%
$12.50Jul 31Aug 7$0.1788.7%74.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$10.50Jul 31Aug 7$0.06109.8%82.0%
$10.00Jul 31Aug 7$0.07110.0%92.2%
$11.00Jul 31Aug 7$0.1393.6%78.8%
$13.00Jul 31Aug 7$0.1589.5%76.9%
$11.50Jul 31Aug 7$0.1690.7%76.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 40 found (cheapest 7.43% of stock, avg 15.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Jul 31$0.56$0.35$0.91$11.09$12.917.43%
$12.50Jul 31$0.33$0.62$0.95$11.55$13.457.76%
$11.50Jul 31$0.92$0.18$1.10$10.40$12.608.98%
$13.00Jul 31$0.18$1.00$1.18$11.82$14.189.63%
$12.50Aug 7$0.50$0.78$1.28$11.22$13.7810.45%
$12.00Aug 7$0.75$0.54$1.29$10.71$13.2910.53%
$11.50Aug 7$1.03$0.34$1.37$10.13$12.8711.18%
$11.00Jul 31$1.34$0.08$1.42$9.58$12.4211.59%
$13.00Aug 7$0.34$1.15$1.49$11.51$14.4912.16%
$12.00Aug 14$0.86$0.70$1.56$10.44$13.5612.73%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 136 found (cheapest 0.90% of stock, avg 6.88%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$10.50Jul 31$0.05$0.06$0.11$10.39$14.11
$14.00$11.00Jul 31$0.05$0.08$0.13$10.87$14.13
$13.50$10.50Jul 31$0.09$0.06$0.15$10.35$13.65
$13.50$11.00Jul 31$0.09$0.08$0.17$10.83$13.67
$14.50$10.00Aug 7$0.10$0.09$0.19$9.81$14.69
$14.50$10.50Aug 7$0.10$0.12$0.22$10.28$14.72
$14.00$11.50Jul 31$0.05$0.18$0.23$11.27$14.23
$14.00$10.00Aug 7$0.14$0.09$0.23$9.77$14.23
$13.00$10.50Jul 31$0.18$0.06$0.24$10.26$13.24
$13.00$11.00Jul 31$0.18$0.08$0.26$10.74$13.26

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 48 found (best R:R 4.00, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
12/1212/13Aug 28$0.40$0.104.00$11.60$12.90
12/1414/14Sep 4$0.80$0.204.00$12.70$14.80
11/1212/12Aug 21$0.39$0.113.55$11.11$12.39
12/1213/14Aug 28$0.39$0.113.55$11.61$13.39
11/1212/12Aug 7$0.38$0.123.17$11.12$12.38
12/1214/14Aug 14$0.37$0.132.85$11.63$13.87
12/1212/13Aug 7$0.36$0.142.57$11.64$12.86
12/1214/14Aug 7$0.36$0.142.57$12.14$13.86
11/1213/14Sep 4$0.36$0.142.57$11.14$13.36
12/1214/14Aug 21$0.35$0.152.33$11.65$13.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 36 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$11.00$11.50$12.00Jul 31$0.06$0.447.33
$12.50$13.00$13.50Jul 31$0.06$0.447.33
$10.00$10.50$11.00Aug 21$0.06$0.447.33
$11.00$11.50$12.00Aug 28$0.06$0.447.33
$13.00$13.50$14.00Aug 28$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$11.00$11.50$12.00Aug 28$0.05$0.459.00
$10.00$10.50$11.00Aug 7$0.06$0.447.33
$12.00$12.50$13.00Aug 21$0.06$0.447.33
$10.00$10.50$11.00Aug 28$0.06$0.447.33
$11.00$11.50$12.00Jul 31$0.07$0.436.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-0.05, 46 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.00$14.501:2Aug 7-$0.06$0.44
$12.00$12.501:2Jul 31-$0.10$0.40
$13.50$14.001:2Aug 14-$0.11$0.39
$14.00$14.501:2Aug 14-$0.13$0.37
$14.00$14.501:2Aug 21-$0.14$0.36
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$10.001:2Sep 4-$0.05$0.95
$14.00$13.001:2Jul 31-$0.13$0.87
$14.00$13.001:2Aug 21-$0.53$0.47
$10.50$10.001:2Aug 7-$0.06$0.44
$13.50$12.501:2Sep 4-$0.56$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 28 found (best yield 7.18%, avg 3.19%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Sep 4$0.880.502.0%7.18%9.22%1--
$12.50Aug 28$0.770.482.0%6.29%8.33%3224
$12.50Aug 21$0.760.482.0%6.20%8.24%1.3K2.6K
$13.00Sep 4$0.700.436.1%5.71%11.84%1--
$13.00Aug 28$0.630.416.1%5.14%11.27%59310
$12.50Aug 14$0.570.462.0%4.65%6.69%71.8K
$13.50Sep 4$0.570.3710.2%4.65%14.86%439
$13.00Aug 21$0.490.396.1%4.00%10.12%3.5K9.4K
$13.50Aug 28$0.480.3410.2%3.92%14.12%1727
$12.50Aug 7$0.440.452.0%3.59%5.63%512969

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 39,297
Total Puts 16,294
Put/Call Ratio 0.41
Net Difference 23,003

Prior's Put/Call Breakdown

Total Calls 87,455
Total Puts 46,789
Put/Call Ratio 0.54
Net Difference 40,666

Prior 7-Day Put/Call Summary

Total Calls 385,735
Total Puts 178,687
Average Put/Call Ratio 0.58
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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