Tour v477
CLF
CLEVELAND-CLIFFS INC
$11.52 -0.95%
$11.41 (-0.95%)🌙
as of 07/31 06:21 PM
7/31 18:21

Option Volume

Detail
Current (07/31) 42,701
Calls: 25,971 (61%)
Puts: 16,730 (39%)
Prior (07/30) 21,306
Calls: 12,785 (60%)
Puts: 8,521 (40%)
Current vs Prior +100.42%
Calls: +103.14% (Calls)
Puts: +96.34% (Puts)
Prior 7-Day Total 542,543
Calls: 392,485 (72%)
Puts: 150,058 (28%)
Prior 7-Day Average 77,506
Calls: 56,069 (72%)
Puts: 21,436 (28%)
Current vs Prior 7-Day Avg -44.91%
Calls: -53.68%
Puts: -21.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/31) $2.45M
Calls: $1.22M (50%)
Puts: $1.23M (50%)
Prior (07/30) $2.05M
Calls: $1.25M (61%)
Puts: $802.3K (39%)
Current vs Prior +19.41%
Calls: -2.65%
Puts: +53.81%
Prior 7-Day Total $41.11M
Calls: $31.08M (76%)
Puts: $10.02M (24%)
Prior 7-Day Average $5.87M
Calls: $4.44M (76%)
Puts: $1.43M (24%)
Current vs Prior 7-Day Avg -58.24%
Calls: -72.57%
Puts: -13.82%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (07/31) 0.64
Prior (07/30) 0.67
Current vs Prior -3.35%
Prior 7-Day Average 0.44
Current vs Prior 7-Day Avg +46.97%
Sentiment BULLISH

Open Interest

Detail
Current (07/31) 450,367
Calls: 356,535 (79%)
Puts: 93,832 (21%)
Prior (07/30) 438,524
Calls: 336,083 (77%)
Puts: 102,441 (23%)
Current vs Prior +2.70%
Prior 7-Day Total 3,928,663
Calls: 2,974,010 (76%)
Puts: 954,653 (24%)
Prior 7-Day Average 561,237
Calls: 424,858 (76%)
Puts: 136,379 (24%)
Current vs Prior 7-Day Avg -19.75%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/31) | Next (08/07)Expiry (08/21) | Next (09/18)
Current 4.86% | 9.81%14.15% | 18.84%
Prior 5.93% | 10.75%14.96% | 20.12%
Current vs Prior +65.33% | +11.45%-5.43% | -6.38%
Prior 7-Day Avg 8.70% | 11.97%16.34% | 20.45%
Current vs 7-Day Avg +12.78% | +0.05%-13.43% | -7.87%
Prior 7-Day Eod 5.93% | 10.75%14.96% | 20.12%
Current vs 7-Day Eod +65.33% | +11.45%-5.43% | -6.38%
Sentiment BEARISHBULLISH

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 23.49% | 19.00%
Calls: 26.81% | 22.08%
Puts: 20.18% | 15.91%
Current vs 7-Day Avg +7.69% | +4.05%
Liquidity Expensive
+
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🤖 AI Insights

Unusually high activity with volume up 100% vs prior - elevated interest. Bullish P/C ratio of 0.64. Call-heavy open interest (356,535 calls vs 93,832 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 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 11 of results (avg 8.4%, best 6.2%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 210.941.01$0.987.1%2540.6513.1K
$11.00Sep 41.131.24$1.199.2%20.62--
$12.50Aug 210.300.33$0.329.4%4.6K0.313.5K
$11.50Aug 210.660.73$0.7010.0%2250.537.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 210.630.67$0.656.2%300.47766
$12.00Aug 210.900.96$0.936.5%470.582.0K
$11.50Aug 280.730.79$0.767.9%380.46259
$12.00Aug 140.780.85$0.828.5%260.61180
$11.00Aug 210.410.45$0.439.3%1.9K0.354.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 30 found (avg $0.52, cheapest $0.16)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 70.170.20$0.1915.8%8470.322.7K
$13.00Aug 210.180.21$0.2015.0%1920.2210.5K
$13.50Sep 40.250.30$0.2817.9%10.2351
$13.00Aug 280.270.31$0.2913.8%4100.27502
$12.50Aug 210.300.33$0.329.4%4.6K0.313.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 210.150.18$0.1618.8%1230.163.7K
$10.50Aug 210.250.29$0.2714.8%430.24919
$11.00Aug 140.300.34$0.3212.5%130.33124
$11.50Aug 70.350.39$0.3710.8%1.3K0.481.7K
$11.00Aug 210.410.45$0.439.3%1.9K0.354.2K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Jul 311.772.29$2.0325.6%620.993.0K
$10.00Jul 311.431.88$1.6527.3%2150.983.5K
$10.50Jul 310.921.17$1.0523.8%4560.98934
$11.00Jul 310.350.67$0.5162.7%1.2K0.961.5K
$9.50Aug 71.642.18$1.9128.3%160.94126
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Jul 310.791.29$1.0448.1%1.2K1.002.8K
$13.00Jul 311.371.81$1.5927.7%11.00--
$12.00Jul 310.370.62$0.5050.0%3150.984.2K
$13.50Aug 71.642.50$2.0741.5%50.9738
$13.00Aug 71.011.98$1.5064.7%20.934.0K

Most actively traded options today. High liquidity = easy entry/exit. 89 active (total vol 35.9K, top 4.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 210.300.33$0.329.4%4.6K0.313.5K
$12.50Jul 310.000.01$0.01100.0%3.8K0.032.2K
$11.50Aug 70.370.42$0.4012.5%1.7K0.52983
$12.50Aug 70.080.10$0.0922.2%1.7K0.18847
$12.00Jul 310.000.01$0.01100.0%1.6K0.044.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 140.500.55$0.539.4%3.3K0.47332
$12.50Aug 211.241.52$1.3820.3%3.3K0.69177
$11.00Aug 210.410.45$0.439.3%1.9K0.354.2K
$10.50Aug 70.060.10$0.0850.0%1.4K0.14541
$11.50Aug 70.350.39$0.3710.8%1.3K0.481.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 684.0%, max 1447.8%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.50Jul 31Sep 4967.4%62.5%1447.8%3602.0K
$9.50Jul 31Aug 71182.8%81.3%1355.6%783.2K
$10.00Jul 31Aug 21905.7%65.1%1291.0%2288.2K
$13.00Jul 31Sep 11768.0%63.6%1108.0%5110.4K
$10.50Jul 31Aug 28633.0%62.5%912.0%458934
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Jul 31Aug 21768.0%59.9%1182.6%2--
$10.50Jul 31Sep 4633.0%62.7%908.8%34669
$12.50Jul 31Aug 28551.8%61.4%799.3%1.2K2.8K
$11.00Jul 31Sep 11357.4%64.4%454.9%1542.0K
$12.00Jul 31Aug 21310.5%61.3%406.2%3626.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 35 found (best R:R 4.00, avg 1.78)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$12.00$12.50Aug 7$0.10$0.40$0.104.00$12.10
$12.50$13.00Aug 21$0.12$0.38$0.123.17$12.62
$12.50$13.50Sep 4$0.25$0.75$0.253.00$12.75
$12.50$13.00Aug 28$0.13$0.37$0.132.85$12.63
$12.00$12.50Aug 14$0.15$0.35$0.152.33$12.15
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$9.50Sep 11$0.10$0.40$0.104.00$9.90
$10.50$10.00Aug 21$0.11$0.39$0.113.55$10.39
$10.50$10.00Sep 4$0.13$0.37$0.132.85$10.37
$11.00$10.50Aug 14$0.14$0.36$0.142.57$10.86
$11.00$10.00Aug 28$0.30$0.70$0.302.33$10.70

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 43 found (best R:R 3.55, avg 1.14)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.00$11.50Aug 7$0.39$0.39$0.113.55$11.39
$9.50$10.00Jul 31$0.38$0.38$0.123.17$9.88
$10.00$10.50Aug 21$0.35$0.35$0.152.33$10.35
$10.00$10.50Aug 7$0.34$0.34$0.162.12$10.34
$10.50$11.00Aug 14$0.34$0.34$0.162.12$10.84
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$13.00$12.50Aug 7$0.39$0.39$0.113.55$12.61
$12.50$12.00Aug 7$0.38$0.38$0.123.17$12.12
$12.00$11.50Aug 7$0.36$0.36$0.142.57$11.64
$12.50$11.50Aug 28$0.63$0.63$0.371.70$11.87
$12.00$11.50Aug 14$0.29$0.29$0.211.38$11.71

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.17, cheapest $0.05)

CALLS (4)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Jul 31Aug 7$0.08551.8%61.5%
$12.00Jul 31Aug 7$0.18310.5%58.6%
$11.00Jul 31Aug 7$0.28357.4%62.2%
$11.50Jul 31Aug 7$0.34109.5%59.9%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Aug 7Aug 14$0.0581.3%74.5%
$10.50Jul 31Aug 7$0.07633.0%65.9%
$12.50Jul 31Aug 7$0.07551.8%61.5%
$10.00Aug 7Aug 14$0.0871.1%70.4%
$11.00Jul 31Aug 7$0.17357.4%62.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 32 found (cheapest 0.78% of stock, avg 11.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Jul 31$0.06$0.03$0.09$11.41$11.590.78%
$12.00Jul 31$0.01$0.50$0.51$11.49$12.514.43%
$11.00Jul 31$0.51$0.01$0.52$10.48$11.524.51%
$11.50Aug 7$0.40$0.37$0.77$10.73$12.276.68%
$12.00Aug 7$0.19$0.73$0.92$11.08$12.927.99%
$11.00Aug 7$0.79$0.18$0.97$10.03$11.978.42%
$12.50Jul 31$0.01$1.04$1.05$11.45$13.559.11%
$10.50Jul 31$1.05$0.01$1.06$9.44$11.569.20%
$11.50Aug 14$0.56$0.53$1.09$10.41$12.599.46%
$10.50Aug 7$1.08$0.08$1.16$9.34$11.6610.07%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 86 found (cheapest 0.61% of stock, avg 5.62%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$10.00Aug 7$0.03$0.04$0.07$9.93$13.07
$13.00$10.50Aug 7$0.03$0.08$0.11$10.39$13.11
$12.50$10.00Aug 7$0.09$0.04$0.13$9.87$12.63
$13.50$9.50Aug 14$0.06$0.07$0.13$9.37$13.63
$12.50$10.50Aug 7$0.09$0.08$0.17$10.33$12.67
$13.50$10.00Aug 14$0.06$0.12$0.18$9.82$13.68
$13.00$9.50Aug 14$0.13$0.07$0.20$9.30$13.20
$13.00$11.00Aug 7$0.03$0.18$0.21$10.79$13.21
$12.00$10.00Aug 7$0.19$0.04$0.23$9.77$12.23
$13.50$10.50Aug 14$0.06$0.18$0.24$10.26$13.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 25 found (best R:R 3.55, avg credit $0.38)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
10/1011/12Aug 21$0.39$0.113.55$10.11$11.39
10/1112/12Aug 21$0.38$0.123.17$10.62$11.88
11/1212/12Aug 21$0.38$0.123.17$11.12$12.38
11/1212/12Sep 4$0.37$0.132.85$11.13$12.37
11/1212/12Aug 14$0.36$0.142.57$11.14$12.36
11/1212/13Aug 28$0.36$0.142.57$11.14$12.86
10/1112/12Aug 14$0.35$0.152.33$10.65$11.85
11/1212/13Aug 21$0.34$0.162.13$11.16$12.84
10/1012/12Aug 21$0.33$0.171.94$10.17$11.83
10/1112/12Aug 21$0.32$0.181.78$10.68$12.32

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
$11.50$12.00$12.50Aug 28$0.05$0.459.00
$10.00$10.50$11.00Jul 31$0.06$0.447.33
$11.50$12.00$12.50Aug 14$0.06$0.447.33
$11.00$11.50$12.00Aug 21$0.06$0.447.33
$11.50$12.00$12.50Aug 21$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$10.00$10.50$11.00Aug 7$0.06$0.447.33
$9.50$10.00$10.50Aug 21$0.06$0.447.33
$10.50$11.00$11.50Aug 21$0.06$0.447.33
$11.00$11.50$12.00Aug 21$0.06$0.447.33
$11.50$12.00$12.50Jul 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. 39 found (best net $-0.13, 35 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$11.501:2Aug 28-$0.18$0.82
$11.00$12.001:2Sep 4-$0.21$0.79
$12.00$12.501:2Aug 14-$0.05$0.45
$12.50$13.001:2Aug 14-$0.06$0.44
$13.00$13.501:2Aug 21-$0.06$0.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$11.501:2Aug 28-$0.13$0.87
$10.00$9.501:2Aug 28-$0.05$0.45
$10.50$10.001:2Aug 14-$0.06$0.44
$10.00$9.501:2Aug 21-$0.06$0.44
$11.50$11.001:2Aug 14-$0.11$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 5.64%, avg 2.71%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Sep 4$0.650.454.2%5.64%9.81%2342
$12.00Aug 28$0.550.454.2%4.77%8.94%58584
$12.50Sep 11$0.550.398.5%4.77%13.28%2--
$12.50Sep 4$0.490.378.5%4.25%12.76%21434
$12.00Aug 21$0.450.424.2%3.91%8.07%49016.3K
$13.00Sep 11$0.420.3212.8%3.65%16.49%10--
$12.50Aug 28$0.390.358.5%3.39%11.89%3242
$12.00Aug 14$0.320.394.2%2.78%6.94%121639
$12.50Aug 21$0.300.318.5%2.60%11.11%4.6K3.5K
$13.00Aug 28$0.270.2712.8%2.34%15.19%410502

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 25,971
Total Puts 16,730
Put/Call Ratio 0.64
Net Difference 9,241

Prior's Put/Call Breakdown

Total Calls 12,785
Total Puts 8,521
Put/Call Ratio 0.67
Net Difference 4,264

Prior 7-Day Put/Call Summary

Total Calls 392,485
Total Puts 150,058
Average Put/Call Ratio 0.44
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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