Tour v504
CLF
CLEVELAND-CLIFFS INC
$12.41 -0.64%
$12.40 (-0.08%)🌙
as of 08/11 06:26 PM
8/11 18:26

Option Volume

Detail
Current (08/11) 23,959
Calls: 17,008 (71%)
Puts: 6,951 (29%)
Prior (08/10) 33,290
Calls: 24,069 (72%)
Puts: 9,221 (28%)
Current vs Prior -28.03%
Calls: -29.34% (Calls)
Puts: -24.62% (Puts)
Prior 7-Day Total 328,953
Calls: 183,252 (56%)
Puts: 145,701 (44%)
Prior 7-Day Average 46,993
Calls: 26,178 (56%)
Puts: 20,814 (44%)
Current vs Prior 7-Day Avg -49.02%
Calls: -35.03%
Puts: -66.60%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/11) $1.41M
Calls: $845.7K (60%)
Puts: $566.8K (40%)
Prior (08/10) $7.20M
Calls: $6.76M (94%)
Puts: $446.7K (6%)
Current vs Prior -80.39%
Calls: -87.48%
Puts: +26.89%
Prior 7-Day Total $41.05M
Calls: $30.82M (75%)
Puts: $10.23M (25%)
Prior 7-Day Average $5.86M
Calls: $4.40M (75%)
Puts: $1.46M (25%)
Current vs Prior 7-Day Avg -75.91%
Calls: -80.79%
Puts: -61.21%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/11) 0.41
Prior (08/10) 0.38
Current vs Prior +6.68%
Prior 7-Day Average 0.75
Current vs Prior 7-Day Avg -45.54%
Sentiment BULLISH

Open Interest

Detail
Current (08/11) 439,362
Calls: 321,413 (73%)
Puts: 117,949 (27%)
Prior (08/10) 482,517
Calls: 369,566 (77%)
Puts: 112,951 (23%)
Current vs Prior -8.94%
Prior 7-Day Total 3,402,099
Calls: 2,505,821 (74%)
Puts: 896,278 (26%)
Prior 7-Day Average 486,014
Calls: 357,974 (74%)
Puts: 128,039 (26%)
Current vs Prior 7-Day Avg -9.60%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 7.41% | 10.23%10.23% | 15.47%
Prior 7.85% | 10.73%10.73% | 16.49%
Current vs Prior -5.52% | -4.61%-4.61% | -6.20%
Prior 7-Day Avg 8.13% | 11.21%12.91% | 17.85%
Current vs 7-Day Avg -8.84% | -8.73%-20.72% | -13.32%
Prior 7-Day Eod 7.85% | 10.73%10.73% | 16.49%
Current vs 7-Day Eod -5.52% | -4.61%-4.61% | -6.20%
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

Light premium activity with dollar volume down 80% vs prior. Extreme bullish P/C ratio of 0.41 - heavy call buying (17,008 calls vs 6,951 puts). Call-heavy open interest (321,413 calls vs 117,949 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 -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.66, cheapest $0.92)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 140.831.00$0.9218.5%6911.00546
$12.00Aug 210.650.78$0.7218.1%6150.6611.5K
$12.00Aug 280.760.91$0.8417.9%710.63769
$14.00Sep 180.370.43$0.4015.0%1400.294.2K
$12.00Sep 40.861.02$0.9417.0%100.64108
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 280.230.26$0.2512.0%280.25326
$11.50Sep 40.310.37$0.3417.6%10.2747
$13.00Aug 210.780.94$0.8618.6%1590.651.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 34 found (avg delta 0.79, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 142.272.52$2.4010.4%41.00144
$10.50Aug 141.741.99$1.8713.4%71.00124
$11.00Aug 141.321.60$1.4619.2%2181.001.2K
$11.50Aug 140.831.00$0.9218.5%6911.00546
$10.50Aug 211.822.18$2.0018.0%340.952.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.50Aug 141.912.44$2.1724.4%30.96--
$14.50Aug 211.732.35$2.0430.4%10.95--
$14.00Aug 141.491.81$1.6519.4%10.94--
$13.50Aug 141.011.27$1.1422.8%70.883
$13.00Aug 140.620.89$0.7635.5%1.4K0.792.6K

Most actively traded options today. High liquidity = easy entry/exit. 90 active (total vol 11.9K, top 1.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.640.75$0.7015.7%1.2K0.4313.0K
$12.00Aug 140.460.58$0.5223.1%8630.801.6K
$11.50Aug 140.831.00$0.9218.5%6911.00546
$12.00Aug 210.650.78$0.7218.1%6150.6611.5K
$12.50Aug 140.090.30$0.20105.0%4960.413.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 140.230.56$0.4082.5%1.5K0.60744
$13.00Aug 140.620.89$0.7635.5%1.4K0.792.6K
$12.00Aug 140.090.13$0.1136.4%5650.292.9K
$11.50Aug 210.130.17$0.1526.7%4630.20697
$12.00Aug 210.270.34$0.3122.6%2630.342.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 12.8%, max 23.7%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Aug 14Sep 2571.1%57.4%23.7%4794.0K
$12.50Aug 14Sep 463.6%59.9%6.2%5144.2K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Aug 14Sep 1871.1%61.0%16.5%1.4K6.1K
$12.50Aug 14Sep 2563.6%55.0%15.5%1.5K747
$12.00Aug 14Sep 2552.7%51.6%2.0%5722.9K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 40 found (best R:R 1.78, avg 1.72)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.50$12.00Sep 4$0.18$0.32$0.1874%1.78$11.68
$11.00$11.50Aug 21$0.29$0.21$0.2990%0.72$11.29
$12.00$12.50Sep 4$0.15$0.35$0.1564%2.33$12.15
$11.00$12.00Sep 18$0.62$0.38$0.6276%0.61$11.62
$12.00$12.50Aug 21$0.21$0.29$0.2166%1.38$12.21
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.50$13.00Aug 21$0.22$0.28$0.2279%1.27$13.28
$14.00$13.00Sep 18$0.59$0.41$0.5970%0.69$13.41
$12.50$12.00Aug 28$0.18$0.32$0.1849%1.78$12.32
$12.00$11.50Sep 25$0.16$0.34$0.1640%2.13$11.84
$13.00$12.00Sep 18$0.47$0.53$0.4756%1.13$12.53

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 0.67, avg 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$14.00$14.50Sep 25$0.20$0.20$0.3068%0.67$14.20
$12.50$13.00Sep 4$0.29$0.29$0.2147%1.38$12.79
$12.50$13.00Aug 28$0.24$0.24$0.2649%0.92$12.74
$13.00$13.50Aug 21$0.14$0.14$0.3664%0.39$13.14
$12.50$13.00Aug 21$0.22$0.22$0.2849%0.79$12.72
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.00Sep 18$0.40$0.40$0.6060%0.67$11.60
$12.00$11.50Aug 28$0.24$0.24$0.2662%0.92$11.76
$12.00$11.00Sep 11$0.34$0.34$0.6662%0.52$11.66
$11.00$10.50Sep 4$0.13$0.13$0.3782%0.35$10.87
$11.00$10.00Sep 18$0.21$0.21$0.7976%0.27$10.79

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.23, cheapest $0.15)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Aug 14Aug 21$0.3163.6%65.4%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Aug 14Aug 21$0.1563.6%65.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 4.83% of stock, avg 9.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.50Aug 14$0.20$0.40$0.60$11.90$13.104.83%
$12.00Aug 14$0.52$0.11$0.63$11.37$12.635.08%
$13.00Aug 14$0.09$0.76$0.85$12.15$13.856.85%
$11.50Aug 14$0.92$0.04$0.96$10.54$12.467.74%
$12.00Aug 21$0.72$0.31$1.03$10.97$13.038.30%
$12.50Aug 21$0.51$0.55$1.06$11.44$13.568.54%
$13.00Aug 21$0.29$0.86$1.15$11.85$14.159.27%
$13.50Aug 14$0.05$1.14$1.19$12.31$14.699.59%
$13.50Aug 21$0.15$1.08$1.23$12.27$14.739.91%
$12.50Aug 28$0.62$0.67$1.29$11.21$13.7910.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 93 found (cheapest 0.48% of stock, avg 5.34%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$11.50Aug 14$0.02$0.04$0.06$11.44$14.06
$13.50$11.50Aug 14$0.05$0.04$0.09$11.41$13.59
$14.50$11.00Aug 21$0.03$0.07$0.10$10.90$14.60
$14.50$10.00Aug 21$0.03$0.10$0.13$9.87$14.63
$13.00$11.50Aug 14$0.09$0.04$0.13$11.37$13.13
$14.00$11.00Aug 21$0.09$0.07$0.16$10.84$14.16
$14.00$12.00Aug 14$0.02$0.11$0.13$11.87$14.13
$13.50$12.00Aug 14$0.05$0.11$0.16$11.84$13.66
$14.00$10.00Aug 21$0.09$0.10$0.19$9.81$14.19
$14.50$11.50Aug 21$0.03$0.15$0.18$11.32$14.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.08, avg credit $0.25)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1114/14Sep 4$0.26$0.2449%1.08$10.74$13.76
11/1214/14Sep 4$0.27$0.2340%1.17$11.23$13.77
11/1214/14Aug 28$0.22$0.2846%0.79$11.28$13.72

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 33 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Aug 14$0.08$0.4259%5.25
$12.00$13.00$14.00Sep 18$0.15$0.8530%5.67
$11.00$12.00$13.00Sep 18$0.17$0.8333%4.88
$12.50$13.00$13.50Aug 14$0.07$0.4330%6.14
$11.00$11.50$12.00Aug 28$0.05$0.4522%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Sep 18$0.07$0.9332%13.29
$12.00$12.50$13.00Aug 14$0.07$0.4350%6.14
$12.00$13.00$14.00Sep 18$0.12$0.8830%7.33
$12.00$12.50$13.00Aug 21$0.07$0.4331%6.14
$11.50$12.00$12.50Aug 21$0.08$0.4229%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 42 found (best net $-0.12, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 28-$0.60$0.40
$11.50$12.001:2Aug 14-$0.12$0.38
$12.00$13.001:2Sep 18-$0.25$0.75
$13.00$14.001:2Sep 18-$0.10$0.90
$11.00$12.001:2Sep 18-$0.53$0.47
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.50$13.501:2Aug 21-$0.12$0.88
$13.00$12.001:2Sep 18-$0.30$0.70
$12.50$12.001:2Aug 21-$0.07$0.43
$13.50$13.001:2Aug 14-$0.38$0.12
$13.00$12.501:2Aug 21-$0.24$0.26

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 3.55%, avg 2.51%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$14.00Sep 25$0.440.3212.8%3.55%16.36%5618
$13.00Sep 18$0.640.434.8%5.16%9.91%1.2K13.0K
$14.00Sep 18$0.370.2912.8%2.98%15.79%1404.2K
$13.00Sep 25$0.510.444.8%4.11%8.86%113
$13.50Sep 25$0.360.378.8%2.90%11.68%4--
$12.50Sep 4$0.650.530.7%5.24%5.96%181.0K
$13.00Sep 4$0.450.424.8%3.63%8.38%51982
$14.50Sep 25$0.170.2416.8%1.37%18.21%38--
$13.50Sep 4$0.310.338.8%2.50%11.28%4--
$13.00Sep 11$0.370.434.8%2.98%7.74%265

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 17,008
Total Puts 6,951
Put/Call Ratio 0.41
Net Difference 10,057

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 183,252
Total Puts 145,701
Average Put/Call Ratio 0.75
Ratio Trend Rising

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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