Tour v509
CLF
CLEVELAND-CLIFFS INC
$11.88 -3.49%
$11.93 (+0.42%)🌙
as of 08/18 06:19 PM
8/18 18:19

Option Volume

Detail
Current (08/18) 26,996
Calls: 15,506 (57%)
Puts: 11,490 (43%)
Prior (08/17) 32,660
Calls: 20,752 (64%)
Puts: 11,908 (36%)
Current vs Prior -17.34%
Calls: -25.28% (Calls)
Puts: -3.51% (Puts)
Prior 7-Day Total 176,265
Calls: 123,082 (70%)
Puts: 53,183 (30%)
Prior 7-Day Average 25,180
Calls: 17,583 (70%)
Puts: 7,597 (30%)
Current vs Prior 7-Day Avg +7.21%
Calls: -11.81%
Puts: +51.23%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/18) $2.78M
Calls: $1.82M (65%)
Puts: $963.6K (35%)
Prior (08/17) $2.07M
Calls: $1.20M (58%)
Puts: $867.7K (42%)
Current vs Prior +34.38%
Calls: +51.21%
Puts: +11.05%
Prior 7-Day Total $18.00M
Calls: $14.27M (79%)
Puts: $3.73M (21%)
Prior 7-Day Average $2.57M
Calls: $2.04M (79%)
Puts: $532.6K (21%)
Current vs Prior 7-Day Avg +8.19%
Calls: -10.80%
Puts: +80.93%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/18) 0.74
Prior (08/17) 0.57
Current vs Prior +29.13%
Prior 7-Day Average 0.42
Current vs Prior 7-Day Avg +75.43%
Sentiment NEUTRAL

Open Interest

Detail
Current (08/18) 422,341
Calls: 301,428 (71%)
Puts: 120,913 (29%)
Prior (08/17) 463,908
Calls: 346,879 (75%)
Puts: 117,029 (25%)
Current vs Prior -8.96%
Prior 7-Day Total 3,224,592
Calls: 2,401,352 (74%)
Puts: 823,240 (26%)
Prior 7-Day Average 460,656
Calls: 343,050 (74%)
Puts: 117,605 (26%)
Current vs Prior 7-Day Avg -8.32%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 7.58% | 10.27%7.58% | 12.54%
Prior 8.20% | 9.83%8.20% | 13.16%
Current vs Prior -7.67% | +4.48%-7.67% | -4.70%
Prior 7-Day Avg 7.52% | 10.25%9.67% | 14.80%
Current vs 7-Day Avg +0.76% | +0.22%-21.63% | -15.24%
Prior 7-Day Eod 8.20% | 9.83%8.20% | 13.16%
Current vs 7-Day Eod -7.67% | +4.48%-7.67% | -4.70%
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

Moderately bullish flow with 65% call dollar volume ($1.82M). Call-heavy open interest (301,428 calls vs 120,913 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 NEUTRAL
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. 4 found (avg $0.48, cheapest $0.28)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 280.370.44$0.4117.1%2970.47902
$12.50Sep 110.420.48$0.4513.3%170.39115
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 280.250.30$0.2817.9%2.4K0.35662
$12.00Sep 180.710.86$0.7819.2%1780.493.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.692.03$1.8618.3%780.993.6K
$10.50Aug 211.381.65$1.5217.8%860.962.4K
$10.50Aug 281.371.72$1.5522.6%250.93119
$10.00Sep 111.732.28$2.0127.4%50.922
$11.00Aug 210.901.15$1.0224.5%3140.9110.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Aug 211.912.43$2.1724.0%31.001.0K
$13.50Aug 211.551.83$1.6916.6%1.3K0.936.5K
$13.00Aug 211.011.20$1.1117.1%1930.931.4K
$14.00Aug 281.892.21$2.0515.6%20.90--
$14.00Sep 252.002.83$2.4234.3%10.80--

Most actively traded options today. High liquidity = easy entry/exit. 80 active (total vol 15.7K, top 2.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 210.220.27$0.2520.0%1.4K0.4612.2K
$13.00Sep 40.140.31$0.2373.9%1.3K0.261.1K
$13.00Sep 180.340.48$0.4134.1%7330.3313.3K
$13.00Aug 210.020.05$0.0475.0%6710.1010.1K
$11.50Aug 210.490.65$0.5728.1%3710.737.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 280.250.30$0.2817.9%2.4K0.35662
$12.50Aug 280.560.89$0.7345.2%2.2K0.6790
$13.50Aug 211.551.83$1.6916.6%1.3K0.936.5K
$12.00Aug 210.280.38$0.3330.3%6490.543.9K
$11.50Aug 210.100.15$0.1338.5%2620.273.8K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 6 strikes (avg 21.9%, max 39.5%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Aug 21Sep 1168.2%48.9%39.5%3797.1K
$12.00Aug 21Sep 1867.3%55.0%22.4%1.5K30.3K
$12.50Aug 21Sep 1169.5%59.6%16.6%3637.8K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Aug 21Sep 1867.3%55.0%22.4%8277.7K
$12.50Aug 21Sep 1169.5%59.6%16.6%471.1K
$11.50Aug 21Oct 268.2%60.0%13.7%2653.8K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 32 found (best R:R 6.14, avg 2.12)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$13.50Sep 11$0.14$0.86$0.1438%6.14$12.64
$13.00$14.00Sep 18$0.11$0.89$0.1133%8.09$13.11
$12.00$13.00Sep 18$0.30$0.70$0.3051%2.33$12.30
$12.00$12.50Sep 4$0.12$0.38$0.1248%3.17$12.12
$12.00$12.50Aug 28$0.14$0.36$0.1447%2.57$12.14
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$12.00Aug 28$0.19$0.31$0.1966%1.63$12.31
$12.00$11.50Sep 4$0.17$0.33$0.1752%1.94$11.83
$11.00$10.50Oct 2$0.12$0.38$0.1231%3.17$10.88
$12.00$11.50Aug 21$0.20$0.30$0.2054%1.50$11.80
$11.50$11.00Sep 11$0.17$0.33$0.1739%1.94$11.33

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.85, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$13.00Aug 28$0.13$0.13$0.3767%0.35$12.63
$12.00$12.50Aug 21$0.15$0.15$0.3554%0.43$12.15
$13.00$13.50Sep 25$0.12$0.12$0.3867%0.32$13.12
$12.50$13.00Sep 4$0.11$0.11$0.3964%0.28$12.61
$12.00$12.50Aug 28$0.14$0.14$0.3653%0.39$12.14
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.50$10.00Oct 2$0.23$0.23$0.2775%0.85$10.27
$11.50$11.00Sep 25$0.29$0.29$0.2160%1.38$11.21
$11.00$10.50Sep 25$0.21$0.21$0.2970%0.72$10.79
$11.00$10.00Sep 18$0.25$0.25$0.7571%0.33$10.75
$11.00$10.00Sep 11$0.20$0.20$0.8073%0.25$10.80

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.18, cheapest $0.16)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 21Aug 28$0.1667.3%60.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Aug 21Aug 28$0.2167.3%60.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 4.88% of stock, avg 10.53%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Aug 21$0.25$0.33$0.58$11.42$12.584.88%
$11.50Aug 21$0.57$0.13$0.70$10.80$12.205.89%
$12.50Aug 21$0.10$0.68$0.78$11.72$13.286.57%
$12.00Aug 28$0.41$0.54$0.95$11.05$12.958.00%
$11.50Aug 28$0.68$0.28$0.96$10.54$12.468.08%
$12.50Aug 28$0.27$0.73$1.00$11.50$13.508.42%
$12.00Sep 4$0.46$0.59$1.05$10.95$13.058.84%
$11.00Aug 21$1.02$0.04$1.06$9.94$12.068.92%
$13.00Aug 21$0.04$1.11$1.15$11.85$14.159.68%
$11.00Aug 28$1.11$0.12$1.23$9.77$12.2310.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 65 found (cheapest 0.67% of stock, avg 4.45%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$11.00Aug 21$0.04$0.04$0.08$10.92$13.08
$13.50$11.00Aug 21$0.04$0.04$0.08$10.92$13.58
$14.00$10.50Aug 28$0.07$0.04$0.11$10.39$14.11
$12.50$11.00Aug 21$0.10$0.04$0.14$10.86$12.64
$14.00$10.00Aug 28$0.07$0.12$0.19$9.81$14.19
$13.50$10.50Aug 28$0.14$0.04$0.18$10.32$13.68
$13.00$11.50Aug 21$0.04$0.13$0.17$11.33$13.17
$13.00$10.50Aug 28$0.14$0.04$0.18$10.32$13.18
$13.50$11.50Aug 21$0.04$0.13$0.17$11.33$13.67
$14.00$11.00Aug 28$0.07$0.12$0.19$10.81$14.19

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 1.94, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1113/14Sep 25$0.33$0.1737%1.94$10.67$13.33
10/1113/14Sep 18$0.36$0.6438%0.56$10.64$13.36

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 5.67, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Aug 21$0.09$0.4137%4.56
$11.00$11.50$12.00Aug 21$0.13$0.3744%2.85
$11.50$12.00$12.50Aug 21$0.17$0.3350%1.94
$10.50$11.00$11.50Sep 4$0.07$0.4320%6.14
$12.50$13.00$13.50Aug 21$0.06$0.4414%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$11.00$12.00Sep 18$0.15$0.8537%5.67
$12.00$13.00$14.00Sep 18$0.11$0.8927%8.09
$12.00$12.50$13.00Aug 21$0.08$0.4238%5.25
$11.00$11.50$12.00Aug 21$0.11$0.3944%3.55
$11.50$12.00$12.50Aug 21$0.15$0.3551%2.33

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 $-0.12, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Sep 18-$0.12$0.88
$10.00$11.001:2Sep 18-$0.44$0.56
$11.00$11.501:2Aug 21-$0.12$0.38
$12.00$13.001:2Sep 18-$0.11$0.89
$11.50$12.001:2Sep 4-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Sep 18-$0.13$0.87
$14.00$13.001:2Aug 28-$0.57$0.43
$13.00$12.501:2Aug 28-$0.15$0.35
$13.00$12.501:2Aug 21-$0.25$0.25
$14.00$13.001:2Sep 18-$0.67$0.33

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 2.95%, avg 2.00%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Oct 2$0.350.369.4%2.95%12.37%64
$13.00Sep 18$0.340.339.4%2.86%12.29%73313.3K
$14.00Sep 18$0.190.2317.9%1.60%19.44%2074.8K
$12.50Sep 11$0.420.395.2%3.54%8.75%17115
$13.00Sep 25$0.270.339.4%2.27%11.70%4394
$12.00Sep 18$0.570.511.0%4.80%5.81%11218.1K
$13.50Sep 11$0.160.2613.6%1.35%14.98%1--
$13.50Sep 25$0.140.2613.6%1.18%14.81%15--
$12.50Sep 4$0.280.365.2%2.36%7.58%143.0K
$14.00Sep 4$0.080.1917.9%0.67%18.52%6520

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 15,506
Total Puts 11,490
Put/Call Ratio 0.74
Net Difference 4,016

Prior's Put/Call Breakdown

Total Calls 20,752
Total Puts 11,908
Put/Call Ratio 0.57
Net Difference 8,844

Prior 7-Day Put/Call Summary

Total Calls 123,082
Total Puts 53,183
Average Put/Call Ratio 0.42
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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