Tour v492
CLF
CLEVELAND-CLIFFS INC
$12.23 -3.32%
$12.25 (+0.16%)🌙
as of 08/06 06:28 PM
8/6 18:28

Option Volume

Detail
Current (08/06) 30,204
Calls: 23,905 (79%)
Puts: 6,299 (21%)
Prior (08/05) 89,513
Calls: 37,832 (42%)
Puts: 51,681 (58%)
Current vs Prior -66.26%
Calls: -36.81% (Calls)
Puts: -87.81% (Puts)
Prior 7-Day Total 358,049
Calls: 196,557 (55%)
Puts: 161,492 (45%)
Prior 7-Day Average 51,149
Calls: 28,079 (55%)
Puts: 23,070 (45%)
Current vs Prior 7-Day Avg -40.95%
Calls: -14.87%
Puts: -72.70%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/06) $10.28M
Calls: $9.87M (96%)
Puts: $412.9K (4%)
Prior (08/05) $10.12M
Calls: $5.95M (59%)
Puts: $4.18M (41%)
Current vs Prior +1.60%
Calls: +65.99%
Puts: -90.11%
Prior 7-Day Total $32.62M
Calls: $20.47M (63%)
Puts: $12.15M (37%)
Prior 7-Day Average $4.66M
Calls: $2.92M (63%)
Puts: $1.74M (37%)
Current vs Prior 7-Day Avg +120.72%
Calls: +237.64%
Puts: -76.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/06) 0.26
Prior (08/05) 1.37
Current vs Prior -80.71%
Prior 7-Day Average 0.82
Current vs Prior 7-Day Avg -67.93%
Sentiment BULLISH

Open Interest

Detail
Current (08/06) 437,861
Calls: 322,357 (74%)
Puts: 115,504 (26%)
Prior (08/05) 552,617
Calls: 401,689 (73%)
Puts: 150,928 (27%)
Current vs Prior -20.77%
Prior 7-Day Total 3,304,363
Calls: 2,506,752 (76%)
Puts: 797,611 (24%)
Prior 7-Day Average 472,051
Calls: 358,107 (76%)
Puts: 113,944 (24%)
Current vs Prior 7-Day Avg -7.24%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/07) | Next (08/14)Expiry (08/21) | Next (09/18)
Current 6.21% | 9.73%12.26% | 17.58%
Prior 6.32% | 10.67%13.12% | 18.74%
Current vs Prior -1.74% | -8.82%-6.54% | -6.17%
Prior 7-Day Avg 7.89% | 11.48%14.59% | 18.99%
Current vs 7-Day Avg -21.26% | -15.27%-15.94% | -7.42%
Prior 7-Day Eod 6.32% | 10.67%13.12% | 18.74%
Current vs 7-Day Eod -1.74% | -8.82%-6.54% | -6.17%
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 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

Strong bullish conviction with 96% of dollar volume in calls ($9.87M) vs puts ($412.9K). Dollar volume significantly above 7-day average (121% higher). Below-average activity with volume down 66% vs prior. Extreme bullish P/C ratio of 0.26 - heavy call buying (23,905 calls vs 6,299 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 BEARISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 7 of results (avg 8.3%, best 6.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 181.171.27$1.228.2%260.5818.5K
$13.00Sep 180.740.81$0.789.0%4230.4412.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 41.271.36$1.326.8%1060.5974
$14.00Aug 71.711.84$1.787.3%2290.9655
$13.00Sep 181.421.54$1.488.1%10.56--
$12.00Sep 40.700.77$0.749.5%20.4310
$14.00Sep 182.102.31$2.219.5%10.69--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 12 found (avg $0.59, cheapest $0.30)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Aug 210.300.36$0.3318.2%1420.349.0K
$12.50Aug 140.310.37$0.3417.6%2020.412.2K
$14.00Sep 180.450.52$0.4914.3%3010.314.0K
$12.00Aug 210.710.81$0.7613.2%5410.6014.8K
$12.50Sep 40.700.83$0.7617.1%1280.48323
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 210.270.32$0.3016.7%90.28814
$12.00Aug 210.430.52$0.4818.8%1860.412.7K
$12.00Aug 280.540.64$0.5916.9%80.41304
$12.50Aug 140.550.65$0.6016.7%430.58541
$12.00Sep 40.700.77$0.749.5%20.4310

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 42 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 142.132.81$2.4727.5%21.00--
$11.00Aug 71.081.56$1.3236.4%810.98883
$10.00Aug 72.072.66$2.3724.9%20.98347
$10.50Aug 71.681.99$1.8416.8%120.98557
$10.50Aug 141.582.11$1.8528.6%10.96--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 71.101.47$1.2928.7%40.98--
$14.00Aug 71.711.84$1.787.3%2290.9655
$13.00Aug 70.621.06$0.8452.4%370.911.7K
$14.50Aug 141.832.60$2.2234.7%10.89--
$14.00Aug 211.612.05$1.8324.0%40.83862

Most actively traded options today. High liquidity = easy entry/exit. 96 active (total vol 14.9K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Aug 70.010.05$0.03133.3%1.7K0.113.2K
$12.00Aug 70.290.39$0.3429.4%1.2K0.725.0K
$11.50Aug 70.650.81$0.7321.9%1.1K0.921.9K
$13.00Aug 140.140.25$0.2055.0%7450.273.5K
$12.50Aug 70.070.11$0.0944.4%6000.312.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 70.000.01$0.01100.0%1.2K0.0219.8K
$11.50Aug 70.010.03$0.02100.0%5910.082.5K
$12.00Aug 70.070.10$0.0933.3%5240.293.7K
$12.00Sep 180.870.99$0.9312.9%4270.423.4K
$12.50Aug 70.270.57$0.4271.4%3790.701.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 19 strikes (avg 80.4%, max 211.6%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 7Sep 18204.5%65.6%211.6%1579.3K
$10.50Aug 7Aug 28161.8%69.5%133.0%14668
$14.00Aug 7Sep 18150.0%64.8%131.3%3034.4K
$11.00Aug 7Sep 18106.5%61.6%72.8%1026.6K
$13.50Aug 7Sep 4107.7%66.0%63.3%5411.5K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 7Sep 18204.5%65.6%211.6%334.6K
$14.00Aug 7Sep 18150.0%64.8%131.3%23055
$10.50Aug 7Sep 4161.8%73.1%121.5%2002.4K
$13.50Aug 7Aug 21107.7%61.9%74.1%67.7K
$11.00Aug 7Sep 18106.5%61.6%72.8%1.2K21.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 43 found (best R:R 4.88, avg 1.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$13.50$14.50Aug 28$0.17$0.83$0.174.88$13.67
$13.00$13.50Aug 21$0.12$0.38$0.123.17$13.12
$13.50$14.00Sep 4$0.12$0.38$0.123.17$13.62
$13.00$14.50Sep 11$0.38$1.12$0.382.95$13.38
$12.50$13.00Sep 4$0.13$0.37$0.132.85$12.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.00$10.50Aug 28$0.11$0.39$0.113.55$10.89
$11.50$10.50Sep 4$0.22$0.78$0.223.55$11.28
$11.00$10.00Sep 18$0.23$0.77$0.233.35$10.77
$11.50$11.00Aug 14$0.13$0.37$0.132.85$11.37
$11.50$11.00Aug 21$0.13$0.37$0.132.85$11.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 50 found (best R:R 6.14, avg 1.12)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$11.00Sep 18$0.85$0.85$0.155.67$10.85
$11.50$12.00Aug 7$0.39$0.39$0.113.55$11.89
$11.00$11.50Aug 28$0.35$0.35$0.152.33$11.35
$11.50$12.00Aug 14$0.30$0.30$0.201.50$11.80
$11.00$12.00Sep 18$0.57$0.57$0.431.33$11.57
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$14.50$13.50Aug 14$0.86$0.86$0.146.14$13.64
$13.00$12.50Aug 14$0.39$0.39$0.113.55$12.61
$13.50$13.00Aug 14$0.37$0.37$0.132.85$13.13
$14.00$13.00Sep 18$0.73$0.73$0.272.70$13.27
$12.50$12.00Aug 7$0.33$0.33$0.171.94$12.17

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 14 found (avg debit $0.16, cheapest $0.05)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$14.00Aug 7Aug 14$0.05150.0%74.8%
$10.00Aug 7Aug 14$0.10204.5%72.5%
$13.50Aug 7Aug 14$0.11107.7%72.3%
$11.50Aug 7Aug 14$0.1690.8%74.7%
$13.00Aug 7Aug 14$0.1794.1%68.1%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$14.00Aug 7Aug 21$0.05150.0%66.3%
$13.50Aug 7Aug 14$0.07107.7%72.3%
$11.00Aug 7Aug 14$0.11106.5%73.0%
$13.00Aug 7Aug 14$0.1594.1%68.1%
$12.50Aug 7Aug 14$0.1875.9%66.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 41 found (cheapest 3.52% of stock, avg 13.41%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Aug 7$0.34$0.09$0.43$11.57$12.433.52%
$12.50Aug 7$0.09$0.42$0.51$11.99$13.014.17%
$11.50Aug 7$0.73$0.02$0.75$10.75$12.256.13%
$13.00Aug 7$0.03$0.84$0.87$12.13$13.877.11%
$12.50Aug 14$0.34$0.60$0.94$11.56$13.447.69%
$12.00Aug 14$0.59$0.41$1.00$11.00$13.008.18%
$11.50Aug 14$0.89$0.25$1.14$10.36$12.649.32%
$13.00Aug 14$0.20$0.99$1.19$11.81$14.199.73%
$12.00Aug 21$0.76$0.48$1.24$10.76$13.2410.14%
$12.50Aug 21$0.51$0.74$1.25$11.25$13.7510.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 91 found (cheapest 0.41% of stock, avg 5.21%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$11.50Aug 7$0.03$0.02$0.05$11.45$13.05
$14.00$10.50Aug 14$0.07$0.03$0.10$10.40$14.10
$12.50$11.50Aug 7$0.09$0.02$0.11$11.39$12.61
$14.50$10.50Aug 14$0.08$0.03$0.11$10.39$14.61
$13.00$12.00Aug 7$0.03$0.09$0.12$11.88$13.12
$13.50$10.50Aug 14$0.12$0.03$0.15$10.35$13.65
$14.50$10.00Aug 21$0.10$0.05$0.15$9.85$14.65
$12.50$12.00Aug 7$0.09$0.09$0.18$11.82$12.68
$14.00$11.00Aug 14$0.07$0.12$0.19$10.81$14.19
$14.50$10.50Aug 21$0.10$0.09$0.19$10.31$14.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 38 found (best R:R 4.00, avg credit $0.35)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
12/1213/14Sep 4$0.40$0.104.00$11.60$13.40
11/1212/12Aug 14$0.38$0.123.17$11.12$12.38
11/1212/12Aug 21$0.38$0.123.17$11.12$12.38
12/1213/14Aug 21$0.38$0.123.17$12.12$13.38
12/1213/14Sep 4$0.38$0.123.17$12.12$13.38
10/1112/12Aug 28$0.37$0.132.85$10.63$11.87
11/1213/14Sep 18$0.74$0.262.85$11.26$13.74
12/1212/13Aug 21$0.36$0.142.57$11.64$12.86
11/1212/12Aug 28$0.36$0.142.57$11.14$12.36
10/1112/12Aug 28$0.34$0.162.12$10.66$12.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 38 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$11.50$12.00$12.50Aug 14$0.05$0.459.00
$10.50$11.00$11.50Aug 21$0.05$0.459.00
$12.50$13.00$13.50Aug 14$0.06$0.447.33
$13.50$14.00$14.50Aug 14$0.06$0.447.33
$12.50$13.00$13.50Aug 21$0.06$0.447.33
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$11.00$11.50$12.00Aug 21$0.05$0.459.00
$11.00$12.00$13.00Sep 18$0.10$0.909.00
$11.00$11.50$12.00Aug 7$0.06$0.447.33
$10.00$10.50$11.00Aug 14$0.08$0.425.25
$11.50$12.00$12.50Aug 21$0.08$0.425.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 43 found (best net $-0.10, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$14.001:2Sep 18-$0.20$0.80
$12.00$13.001:2Sep 18-$0.34$0.66
$14.00$14.501:2Aug 21-$0.05$0.45
$12.50$13.001:2Aug 14-$0.06$0.44
$12.00$12.501:2Aug 14-$0.09$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.50$10.501:2Sep 4-$0.10$0.90
$13.00$12.001:2Sep 18-$0.38$0.62
$14.50$13.501:2Aug 14-$0.50$0.50
$10.50$10.001:2Sep 4-$0.06$0.44
$11.00$10.501:2Aug 28-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 23 found (best yield 6.05%, avg 2.66%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Sep 18$0.740.446.3%6.05%12.35%42312.5K
$12.50Sep 4$0.700.482.2%5.72%7.93%128323
$12.50Sep 11$0.590.472.2%4.82%7.03%1--
$12.50Aug 28$0.540.482.2%4.42%6.62%17415
$13.00Sep 4$0.520.416.3%4.25%10.55%194803
$13.00Sep 11$0.480.406.3%3.92%10.22%164
$12.50Aug 21$0.450.472.2%3.68%5.89%196.4K
$14.00Sep 18$0.450.3114.5%3.68%18.15%3014.0K
$13.00Aug 28$0.400.396.3%3.27%9.57%231.2K
$13.50Sep 4$0.380.3210.4%3.11%13.49%4683

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 23,905
Total Puts 6,299
Put/Call Ratio 0.26
Net Difference 17,606

Prior's Put/Call Breakdown

Total Calls 37,832
Total Puts 51,681
Put/Call Ratio 1.37
Net Difference -13,849

Prior 7-Day Put/Call Summary

Total Calls 196,557
Total Puts 161,492
Average Put/Call Ratio 0.82
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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