Tour v509
CLF
CLEVELAND-CLIFFS INC
$12.15 -0.82%
$12.16 (+0.08%)🌙
as of 08/13 06:20 PM
8/13 18:20

Option Volume

Detail
Current (08/13) 12,454
Calls: 9,541 (77%)
Puts: 2,913 (23%)
Prior (08/12) 17,966
Calls: 12,544 (70%)
Puts: 5,422 (30%)
Current vs Prior -30.68%
Calls: -23.94% (Calls)
Puts: -46.27% (Puts)
Prior 7-Day Total 279,617
Calls: 165,467 (59%)
Puts: 114,150 (41%)
Prior 7-Day Average 39,945
Calls: 23,638 (59%)
Puts: 16,307 (41%)
Current vs Prior 7-Day Avg -68.82%
Calls: -59.64%
Puts: -82.14%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/13) $1.01M
Calls: $788.0K (78%)
Puts: $224.3K (22%)
Prior (08/12) $1.81M
Calls: $1.49M (82%)
Puts: $322.1K (18%)
Current vs Prior -44.12%
Calls: -47.09%
Puts: -30.35%
Prior 7-Day Total $37.62M
Calls: $30.26M (80%)
Puts: $7.36M (20%)
Prior 7-Day Average $5.37M
Calls: $4.32M (80%)
Puts: $1.05M (20%)
Current vs Prior 7-Day Avg -81.16%
Calls: -81.77%
Puts: -78.67%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/13) 0.31
Prior (08/12) 0.43
Current vs Prior -29.36%
Prior 7-Day Average 0.60
Current vs Prior 7-Day Avg -48.84%
Sentiment BULLISH

Open Interest

Detail
Current (08/13) 402,417
Calls: 319,684 (79%)
Puts: 82,733 (21%)
Prior (08/12) 429,899
Calls: 339,154 (79%)
Puts: 90,745 (21%)
Current vs Prior -6.39%
Prior 7-Day Total 3,364,197
Calls: 2,465,384 (73%)
Puts: 898,813 (27%)
Prior 7-Day Average 480,599
Calls: 352,197 (73%)
Puts: 128,401 (27%)
Current vs Prior 7-Day Avg -16.27%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/14) | Next (08/21)Expiry (08/21) | Next (09/18)
Current 5.19% | 8.89%8.89% | 14.16%
Prior 6.37% | 9.47%9.47% | 14.78%
Current vs Prior -18.57% | -6.13%-6.13% | -4.19%
Prior 7-Day Avg 7.44% | 10.62%11.74% | 16.82%
Current vs 7-Day Avg -30.30% | -16.32%-24.29% | -15.83%
Prior 7-Day Eod 6.37% | 9.47%9.47% | 14.78%
Current vs 7-Day Eod -18.57% | -6.13%-6.13% | -4.19%
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 78% of dollar volume in calls ($788.0K) vs puts ($224.3K). Extreme bullish P/C ratio of 0.31 - heavy call buying (9,541 calls vs 2,913 puts). P/C ratio dropping 29% - sentiment shifting bullish. Call-heavy open interest (319,684 calls vs 82,733 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 11 of results (avg 7.4%, best 5.6%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 211.191.26$1.235.7%480.8911.1K
$12.00Sep 180.920.98$0.956.3%310.5618.6K
$11.00Sep 181.481.59$1.547.1%550.745.7K
$13.00Sep 180.530.57$0.557.3%7490.3913.6K
$10.00Sep 182.222.40$2.317.8%40.87--
PUTS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.350.37$0.365.6%730.261.7K
$14.00Sep 182.042.17$2.116.2%270.75159
$12.00Sep 180.740.79$0.776.5%350.443.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.52, cheapest $0.26)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 210.230.28$0.2619.2%1.7K0.386.6K
$13.50Aug 280.140.17$0.1618.8%2010.20--
$12.00Aug 210.450.51$0.4812.5%4100.5711.3K
$13.00Aug 280.230.27$0.2516.0%620.291.1K
$12.50Aug 280.370.42$0.4012.5%2190.41420
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 210.300.35$0.3215.6%2030.423.1K
$12.50Aug 210.570.63$0.6010.0%670.62992
$11.50Sep 40.340.40$0.3716.2%90.31--
$13.00Aug 210.861.05$0.9619.8%780.791.5K
$12.00Sep 40.550.61$0.5810.3%240.4233

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 32 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.982.29$2.1314.6%551.003.7K
$10.00Aug 142.082.29$2.199.6%20.99147
$11.00Aug 141.071.25$1.1615.5%1620.961.3K
$11.50Aug 140.570.73$0.6524.6%3420.93569
$10.50Aug 281.592.01$1.8023.3%50.91124
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 141.281.65$1.4725.2%41.004
$14.50Aug 142.132.60$2.3719.8%21.005
$13.00Aug 140.551.09$0.8265.9%1050.942.1K
$12.50Aug 140.310.44$0.3834.2%300.82--
$13.00Aug 210.861.05$0.9619.8%780.791.5K

Most actively traded options today. High liquidity = easy entry/exit. 84 active (total vol 9.3K, top 1.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Aug 210.230.28$0.2619.2%1.7K0.386.6K
$12.50Sep 40.500.55$0.539.4%9500.461.1K
$13.00Sep 180.530.57$0.557.3%7490.3913.6K
$12.50Aug 140.030.04$0.0425.0%5950.183.3K
$12.00Aug 210.450.51$0.4812.5%4100.5711.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 210.120.18$0.1540.0%5510.241.1K
$12.00Aug 140.080.10$0.0922.2%2870.343.3K
$12.00Aug 210.300.35$0.3215.6%2030.423.1K
$10.50Sep 250.080.35$0.22122.7%1560.1811
$10.00Sep 250.000.30$0.15200.0%1530.123

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 12.1%, max 12.7%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Aug 14Sep 2564.1%56.9%12.7%4061.6K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Aug 14Sep 2564.1%56.9%12.7%2893.3K
$12.50Aug 14Sep 459.9%54.0%11.0%35134

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 35 found (best R:R 1.78, avg 1.79)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.50$12.00Sep 4$0.18$0.32$0.1870%1.78$11.68
$11.00$12.00Sep 18$0.59$0.41$0.5974%0.69$11.59
$11.00$12.00Sep 25$0.60$0.40$0.6074%0.67$11.60
$12.00$13.00Sep 18$0.40$0.60$0.4056%1.50$12.40
$12.50$13.00Sep 11$0.15$0.35$0.1546%2.33$12.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Sep 11$0.12$0.38$0.1245%3.17$11.88
$12.50$12.00Aug 14$0.29$0.21$0.2982%0.72$12.21
$11.00$10.00Sep 4$0.14$0.86$0.1424%6.14$10.86
$12.50$12.00Aug 21$0.28$0.22$0.2862%0.79$12.22
$12.50$12.00Sep 4$0.26$0.24$0.2655%0.92$12.24

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 0.40, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$14.50Sep 25$0.42$0.42$1.0860%0.39$13.42
$12.50$13.00Sep 4$0.25$0.25$0.2554%1.00$12.75
$13.50$14.00Sep 11$0.14$0.14$0.3671%0.39$13.64
$12.50$13.00Aug 21$0.14$0.14$0.3662%0.39$12.64
$12.50$13.00Aug 28$0.15$0.15$0.3559%0.43$12.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$10.00Sep 11$0.43$0.43$1.0765%0.40$11.07
$12.00$11.50Sep 25$0.28$0.28$0.2256%1.27$11.72
$11.50$11.00Sep 25$0.23$0.23$0.2765%0.85$11.27
$12.00$11.00Sep 18$0.41$0.41$0.5956%0.69$11.59
$12.00$11.50Aug 28$0.26$0.26$0.2455%1.08$11.74

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

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 14Aug 21$0.2364.1%55.5%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 14Aug 21$0.2364.1%55.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 24 found (cheapest 2.80% of stock, avg 10.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Aug 14$0.25$0.09$0.34$11.66$12.342.80%
$12.50Aug 14$0.04$0.38$0.42$12.08$12.923.46%
$11.50Aug 14$0.65$0.02$0.67$10.83$12.175.51%
$12.00Aug 21$0.48$0.32$0.80$11.20$12.806.58%
$13.00Aug 14$0.01$0.82$0.83$12.17$13.836.83%
$12.50Aug 21$0.26$0.60$0.86$11.64$13.367.08%
$11.50Aug 21$0.83$0.15$0.98$10.52$12.488.07%
$13.00Aug 21$0.12$0.96$1.08$11.92$14.088.89%
$12.00Aug 28$0.63$0.51$1.14$10.86$13.149.38%
$11.50Aug 28$0.93$0.25$1.18$10.32$12.689.71%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 77 found (cheapest 0.49% of stock, avg 5.14%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.50$11.50Aug 14$0.04$0.02$0.06$11.44$12.56
$14.00$11.00Aug 21$0.04$0.05$0.09$10.91$14.09
$13.50$11.00Aug 21$0.06$0.05$0.11$10.89$13.61
$12.50$12.00Aug 14$0.04$0.09$0.13$11.87$12.63
$13.00$11.00Aug 21$0.12$0.05$0.17$10.83$13.17
$14.50$10.50Aug 28$0.11$0.08$0.19$10.31$14.69
$14.00$11.50Aug 21$0.04$0.15$0.19$11.31$14.19
$13.50$11.50Aug 21$0.06$0.15$0.21$11.29$13.71
$13.50$10.50Aug 28$0.16$0.08$0.24$10.26$13.74
$13.00$11.50Aug 21$0.12$0.15$0.27$11.23$13.27

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

No iron condor setups found

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 36 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Aug 14$0.19$0.3175%1.63
$11.00$11.50$12.00Aug 21$0.05$0.4532%9.00
$11.00$12.00$13.00Sep 25$0.16$0.8434%5.25
$12.00$13.00$14.00Sep 18$0.15$0.8531%5.67
$12.00$12.50$13.00Aug 14$0.18$0.3261%1.78
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Sep 18$0.06$0.9431%15.67
$11.50$12.00$12.50Aug 14$0.22$0.2875%1.27
$12.00$12.50$13.00Aug 14$0.15$0.3560%2.33
$12.00$12.50$13.00Aug 21$0.08$0.4236%5.25
$11.00$11.50$12.00Aug 21$0.07$0.4332%6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-0.13, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Aug 14-$0.13$0.87
$10.00$11.001:2Aug 21-$0.33$0.67
$11.00$11.501:2Aug 14-$0.14$0.36
$11.00$12.001:2Sep 18-$0.36$0.64
$12.00$13.001:2Sep 18-$0.15$0.85
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.50$13.501:2Aug 14-$0.57$0.43
$13.00$12.001:2Sep 18-$0.13$0.87
$13.50$13.001:2Aug 14-$0.17$0.33
$13.00$12.501:2Aug 21-$0.24$0.26
$12.50$12.001:2Aug 28-$0.20$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 4.53%, avg 2.21%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Sep 25$0.550.407.0%4.53%11.52%1--
$13.00Sep 18$0.530.397.0%4.36%11.36%74913.6K
$14.00Sep 18$0.280.2515.2%2.30%17.53%194.3K
$13.00Sep 11$0.410.377.0%3.37%10.37%965
$12.50Sep 4$0.500.462.9%4.12%7.00%9501.1K
$12.50Sep 11$0.480.462.9%3.95%6.83%4747
$13.50Sep 11$0.210.2911.1%1.73%12.84%391
$14.00Sep 11$0.180.2115.2%1.48%16.71%42306
$14.50Sep 11$0.080.2019.3%0.66%20.00%12103
$13.50Sep 4$0.190.2511.1%1.56%12.67%5249

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 9,541
Total Puts 2,913
Put/Call Ratio 0.31
Net Difference 6,628

Prior's Put/Call Breakdown

Total Calls 12,544
Total Puts 5,422
Put/Call Ratio 0.43
Net Difference 7,122

Prior 7-Day Put/Call Summary

Total Calls 165,467
Total Puts 114,150
Average Put/Call Ratio 0.60
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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