Tour v500
CLF
CLEVELAND-CLIFFS INC
$12.49 +1.88%
$12.53 (+0.32%)🌙
as of 08/10 06:24 PM
8/10 18:24

Option Volume

Detail
Current (08/10) 33,290
Calls: 24,069 (72%)
Puts: 9,221 (28%)
Prior (08/07) 31,493
Calls: 21,908 (70%)
Puts: 9,585 (30%)
Current vs Prior +5.71%
Calls: +9.86% (Calls)
Puts: -3.80% (Puts)
Prior 7-Day Total 316,969
Calls: 171,968 (54%)
Puts: 145,001 (46%)
Prior 7-Day Average 45,281
Calls: 24,566 (54%)
Puts: 20,714 (46%)
Current vs Prior 7-Day Avg -26.48%
Calls: -2.03%
Puts: -55.49%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/10) $7.20M
Calls: $6.76M (94%)
Puts: $446.7K (6%)
Prior (08/07) $2.76M
Calls: $2.08M (75%)
Puts: $682.6K (25%)
Current vs Prior +160.97%
Calls: +225.23%
Puts: -34.56%
Prior 7-Day Total $35.90M
Calls: $25.32M (71%)
Puts: $10.58M (29%)
Prior 7-Day Average $5.13M
Calls: $3.62M (71%)
Puts: $1.51M (29%)
Current vs Prior 7-Day Avg +40.43%
Calls: +86.79%
Puts: -70.46%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/10) 0.38
Prior (08/07) 0.44
Current vs Prior -12.43%
Prior 7-Day Average 0.79
Current vs Prior 7-Day Avg -51.57%
Sentiment BULLISH

Open Interest

Detail
Current (08/10) 482,517
Calls: 369,566 (77%)
Puts: 112,951 (23%)
Prior (08/07) 526,703
Calls: 352,005 (67%)
Puts: 174,698 (33%)
Current vs Prior -8.39%
Prior 7-Day Total 3,358,106
Calls: 2,472,338 (74%)
Puts: 885,768 (26%)
Prior 7-Day Average 479,729
Calls: 353,191 (74%)
Puts: 126,538 (26%)
Current vs Prior 7-Day Avg +0.58%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 7.85% | 10.73%10.73% | 16.49%
Prior 9.38% | 11.91%11.91% | 15.91%
Current vs Prior -16.35% | -9.91%-9.91% | +3.70%
Prior 7-Day Avg 7.86% | 11.22%13.51% | 18.37%
Current vs 7-Day Avg -0.16% | -4.34%-20.61% | -10.20%
Prior 7-Day Eod 9.38% | 11.91%11.91% | 15.91%
Current vs 7-Day Eod -16.35% | -9.91%-9.91% | +3.70%
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 94% of dollar volume in calls ($6.76M) vs puts ($446.7K). Massive premium surge with dollar volume up 161% vs prior. Extreme bullish P/C ratio of 0.38 - heavy call buying (24,069 calls vs 9,221 puts). Call-heavy open interest (369,566 calls vs 112,951 puts) suggests bullish positioning.

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 3 of results (avg 8.7%, best 8.3%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 181.842.00$1.928.3%300.775.7K
$10.00Sep 182.622.85$2.748.4%620.889.0K
$10.00Aug 142.422.66$2.549.4%130.99142
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.33, cheapest $0.06)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 140.050.06$0.0616.7%1.4K0.13371
$14.00Sep 40.270.31$0.2913.8%3140.2566
$14.00Sep 180.450.54$0.5018.0%1260.324.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Aug 280.070.08$0.0812.5%250.09--
$12.00Aug 140.120.14$0.1315.4%2.9K0.261.9K
$10.00Sep 180.140.17$0.1618.8%1420.124.6K
$11.50Sep 40.300.35$0.3215.6%280.2842
$12.50Aug 140.310.36$0.3414.7%3360.48552

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 34 found (avg delta 0.75, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 142.422.66$2.549.4%130.99142
$11.00Aug 281.332.17$1.7548.0%200.99887
$10.50Aug 281.952.33$2.1417.8%10.98--
$11.00Aug 141.441.64$1.5413.0%6940.941.2K
$11.00Aug 211.511.70$1.6111.8%1.0K0.9211.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 140.921.14$1.0321.4%10.874
$14.00Aug 211.451.82$1.6422.6%160.84868
$14.00Aug 281.131.88$1.5149.7%10.80--
$13.50Aug 211.051.37$1.2126.4%10.76--
$13.00Aug 140.550.69$0.6222.6%2520.712.4K

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 17.5K, top 2.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 140.050.06$0.0616.7%1.4K0.13371
$14.00Aug 140.020.03$0.0333.3%1.1K0.072.2K
$11.00Aug 211.511.70$1.6111.8%1.0K0.9211.6K
$13.00Aug 140.130.16$0.1520.0%9770.293.5K
$12.50Sep 40.580.89$0.7441.9%8970.51470
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 140.120.14$0.1315.4%2.9K0.261.9K
$12.50Aug 140.310.36$0.3414.7%3360.48552
$11.00Aug 280.010.14$0.08162.5%3290.12419
$12.00Aug 210.260.41$0.3444.1%3240.352.8K
$11.00Aug 210.050.07$0.0633.3%2750.103.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 19.1%, max 74.2%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 14Sep 1896.7%61.2%57.9%759.1K
$11.00Aug 14Sep 1882.9%59.3%39.8%7247.0K
$11.50Aug 14Sep 1162.2%52.9%17.6%757622
$14.50Aug 14Sep 1166.1%57.9%14.0%160366
$13.50Aug 14Sep 1164.8%57.0%13.6%1.4K462
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.00Aug 21Sep 18106.7%61.2%74.2%1677.8K
$11.00Aug 14Sep 1882.9%59.3%39.8%2922.1K
$10.50Aug 14Sep 1177.9%61.0%27.8%39786
$11.50Aug 14Sep 1162.2%52.9%17.6%1892.7K
$12.50Aug 14Sep 1165.3%59.8%9.1%340558

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 4.00, avg 1.57)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$13.00$13.50Aug 21$0.12$0.38$0.123.17$13.12
$12.50$13.00Sep 4$0.12$0.38$0.123.17$12.62
$13.50$14.00Sep 4$0.12$0.38$0.123.17$13.62
$13.00$14.00Sep 18$0.25$0.75$0.253.00$13.25
$13.50$14.00Aug 28$0.13$0.37$0.132.85$13.63
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.00$10.00Sep 18$0.20$0.80$0.204.00$10.80
$11.00$10.50Sep 11$0.15$0.35$0.152.33$10.85
$11.50$11.00Aug 28$0.16$0.34$0.162.13$11.34
$12.00$11.50Aug 28$0.16$0.34$0.162.12$11.84
$11.50$11.00Sep 4$0.17$0.33$0.171.94$11.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 47 found (best R:R 9.00, avg 1.38)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$11.00Aug 21$0.90$0.90$0.109.00$10.90
$10.00$11.00Sep 18$0.82$0.82$0.184.56$10.82
$10.50$11.00Aug 28$0.39$0.39$0.113.55$10.89
$12.00$12.50Sep 4$0.37$0.37$0.132.85$12.37
$12.00$12.50Aug 21$0.36$0.36$0.142.57$12.36
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$13.50$13.00Sep 4$0.39$0.39$0.113.55$13.11
$12.50$12.00Sep 4$0.33$0.33$0.171.94$12.17
$12.50$12.00Aug 28$0.32$0.32$0.181.78$12.18
$14.00$13.00Sep 18$0.64$0.64$0.361.78$13.36
$13.00$12.50Aug 14$0.28$0.28$0.221.27$12.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 12 found (avg debit $0.15, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.00Aug 14Aug 21$0.0782.9%57.2%
$14.00Aug 14Aug 21$0.0870.5%64.9%
$11.50Aug 14Aug 21$0.1062.2%53.8%
$12.50Aug 14Aug 21$0.1165.3%57.2%
$13.50Aug 14Aug 21$0.1264.8%61.8%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Aug 14Aug 21$0.0962.2%53.8%
$12.50Aug 14Aug 21$0.1865.3%57.2%
$13.50Aug 14Aug 21$0.1864.8%61.8%
$12.00Aug 14Aug 21$0.2163.5%62.1%
$13.00Aug 14Aug 21$0.3163.8%60.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 34 found (cheapest 5.52% of stock, avg 13.14%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.50Aug 14$0.35$0.34$0.69$11.81$13.195.52%
$12.00Aug 14$0.64$0.13$0.77$11.23$12.776.16%
$13.00Aug 14$0.15$0.62$0.77$12.23$13.776.16%
$12.50Aug 21$0.46$0.52$0.98$11.52$13.487.85%
$13.50Aug 14$0.06$1.03$1.09$12.41$14.598.73%
$11.50Aug 14$1.07$0.04$1.11$10.39$12.618.89%
$12.00Aug 21$0.82$0.34$1.16$10.84$13.169.29%
$13.00Aug 21$0.30$0.93$1.23$11.77$14.239.85%
$12.00Aug 28$0.85$0.40$1.25$10.75$13.2510.01%
$12.50Aug 28$0.55$0.72$1.27$11.23$13.7710.17%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 103 found (cheapest 0.48% of stock, avg 4.84%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$11.00Aug 14$0.03$0.03$0.06$10.94$14.06
$14.00$11.50Aug 14$0.03$0.04$0.07$11.43$14.07
$14.50$10.50Aug 21$0.04$0.03$0.07$10.43$14.57
$13.50$11.00Aug 14$0.06$0.03$0.09$10.91$13.59
$13.50$11.50Aug 14$0.06$0.04$0.10$11.40$13.60
$14.50$11.00Aug 21$0.04$0.06$0.10$10.90$14.60
$14.00$10.50Aug 21$0.11$0.03$0.14$10.36$14.14
$14.00$12.00Aug 14$0.03$0.13$0.16$11.84$14.16
$14.50$10.00Aug 21$0.04$0.12$0.16$9.84$14.66
$14.00$11.00Aug 21$0.11$0.06$0.17$10.83$14.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 21 found (best R:R 5.67, avg credit $0.40)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
10/1112/12Sep 11$0.85$0.155.67$10.15$12.35
10/1113/14Sep 11$0.40$0.104.00$10.60$13.40
11/1213/14Aug 28$0.39$0.113.55$11.11$13.39
12/1213/14Aug 28$0.39$0.113.55$11.61$13.39
11/1213/14Sep 4$0.38$0.123.17$11.12$13.38
12/1212/13Aug 21$0.37$0.132.85$11.63$12.87
12/1214/14Sep 11$0.36$0.142.57$12.14$13.86
10/1112/13Sep 18$0.72$0.282.57$10.28$12.72
11/1213/14Sep 18$0.68$0.322.13$11.32$13.68
12/1213/14Aug 21$0.33$0.171.94$11.67$13.33

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 9.00, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$13.00$13.50$14.00Aug 14$0.06$0.447.33
$11.00$12.00$13.00Sep 18$0.13$0.876.69
$10.00$11.00$12.00Sep 18$0.17$0.834.88
$12.00$12.50$13.00Aug 14$0.09$0.414.56
$11.00$11.50$12.00Aug 21$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$12.00$13.00$14.00Sep 18$0.10$0.909.00
$11.00$12.00$13.00Sep 18$0.11$0.898.09
$12.00$12.50$13.00Aug 14$0.07$0.436.14
$11.00$11.50$12.00Aug 14$0.08$0.425.25
$10.00$10.50$11.00Sep 11$0.09$0.414.56

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 45 found (best net $-0.16, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.50$12.501:2Sep 11-$0.16$0.84
$12.00$13.001:2Sep 18-$0.23$0.77
$13.00$14.001:2Sep 18-$0.25$0.75
$10.00$11.001:2Aug 14-$0.54$0.46
$12.00$12.501:2Aug 14-$0.06$0.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Sep 18-$0.25$0.75
$13.00$12.501:2Aug 14-$0.06$0.44
$10.50$10.001:2Sep 11-$0.07$0.43
$11.00$10.501:2Aug 28-$0.08$0.42
$12.00$11.501:2Aug 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. 21 found (best yield 5.76%, avg 2.36%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Sep 11$0.720.530.1%5.76%5.84%4563
$13.00Sep 18$0.600.454.1%4.80%8.89%38112.7K
$12.50Sep 4$0.580.510.1%4.64%4.72%897470
$13.00Sep 11$0.450.454.1%3.60%7.69%565
$14.00Sep 18$0.450.3212.1%3.60%15.69%1264.1K
$12.50Aug 28$0.370.490.1%2.96%3.04%5415
$13.00Sep 4$0.370.424.1%2.96%7.05%18972
$12.50Aug 21$0.320.500.1%2.56%2.64%436.6K
$12.50Aug 14$0.310.520.1%2.48%2.56%4752.9K
$13.00Aug 28$0.280.404.1%2.24%6.33%25--

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 24,069
Total Puts 9,221
Put/Call Ratio 0.38
Net Difference 14,848

Prior's Put/Call Breakdown

Total Calls 21,908
Total Puts 9,585
Put/Call Ratio 0.44
Net Difference 12,323

Prior 7-Day Put/Call Summary

Total Calls 171,968
Total Puts 145,001
Average Put/Call Ratio 0.79
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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