Tour v526
CLF
CLEVELAND-CLIFFS INC
$11.27 +4.93%
$11.31 (+0.35%)🌙
as of 08/21 06:19 PM
8/21 18:19

Option Volume

Detail
Current (08/21) 97,210
Calls: 65,394 (67%)
Puts: 31,816 (33%)
Prior (08/20) 99,872
Calls: 45,061 (45%)
Puts: 54,811 (55%)
Current vs Prior -2.67%
Calls: +45.12% (Calls)
Puts: -41.95% (Puts)
Prior 7-Day Total 288,476
Calls: 152,321 (53%)
Puts: 136,155 (47%)
Prior 7-Day Average 41,210
Calls: 21,760 (53%)
Puts: 19,450 (47%)
Current vs Prior 7-Day Avg +135.88%
Calls: +200.52%
Puts: +63.57%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/21) $6.98M
Calls: $4.29M (62%)
Puts: $2.69M (38%)
Prior (08/20) $6.36M
Calls: $2.97M (47%)
Puts: $3.38M (53%)
Current vs Prior +9.72%
Calls: +44.27%
Puts: -20.65%
Prior 7-Day Total $21.40M
Calls: $11.10M (52%)
Puts: $10.30M (48%)
Prior 7-Day Average $3.06M
Calls: $1.59M (52%)
Puts: $1.47M (48%)
Current vs Prior 7-Day Avg +128.28%
Calls: +170.67%
Puts: +82.58%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/21) 0.49
Prior (08/20) 1.22
Current vs Prior -60.00%
Prior 7-Day Average 0.72
Current vs Prior 7-Day Avg -32.23%
Sentiment BULLISH

Open Interest

Detail
Current (08/21) 567,795
Calls: 398,588 (70%)
Puts: 169,207 (30%)
Prior (08/20) 539,984
Calls: 392,146 (73%)
Puts: 147,838 (27%)
Current vs Prior +5.15%
Prior 7-Day Total 3,282,756
Calls: 2,434,229 (74%)
Puts: 848,527 (26%)
Prior 7-Day Average 468,965
Calls: 347,747 (74%)
Puts: 121,218 (26%)
Current vs Prior 7-Day Avg +21.07%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 4.97% | 9.49%4.97% | 14.20%
Prior 6.24% | 10.24%6.24% | 13.22%
Current vs Prior +52.19% | +20.42%-20.35% | +7.38%
Prior 7-Day Avg 7.28% | 10.08%8.25% | 13.56%
Current vs 7-Day Avg +30.47% | +22.35%-39.77% | +4.72%
Prior 7-Day Eod 6.24% | 10.24%6.24% | 13.22%
Current vs 7-Day Eod +52.19% | +20.42%-20.35% | +7.38%
Sentiment BEARISHBULLISH

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 62% call dollar volume ($4.29M). Dollar volume significantly above 7-day average (128% higher). Volume explosion - 136% above 7-day average (97,210 vs avg 41,210). Extreme bullish P/C ratio of 0.49 - heavy call buying (65,394 calls vs 31,816 puts).

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BEARISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
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 2 of results (avg 7.8%, best 7.7%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.500.54$0.527.7%8170.4017.9K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.600.65$0.637.9%4060.402.9K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 8 found (avg $0.60, cheapest $0.31)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 280.290.33$0.3112.9%3.2K0.441.2K
$13.00Sep 180.250.30$0.2817.9%6.0K0.2512.9K
$11.00Sep 40.690.77$0.7311.0%4070.603.1K
$12.00Sep 180.500.54$0.527.7%8170.4017.9K
$12.50Oct 20.510.60$0.5516.4%190.3811
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.600.65$0.637.9%4060.402.9K
$11.00Oct 20.730.89$0.8119.8%10.40--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 33 found (avg delta 0.76, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.191.52$1.3624.3%1670.983.6K
$9.50Aug 211.332.10$1.7244.8%130.9780
$10.50Aug 210.681.06$0.8743.7%2.7K0.973.3K
$9.50Aug 281.391.97$1.6834.5%340.9657
$11.00Aug 210.200.52$0.3688.9%7.8K0.9416.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Aug 211.852.54$2.2031.4%91.003
$12.00Aug 210.550.92$0.7450.0%6240.964.0K
$11.50Aug 210.100.29$0.2095.0%5610.953.2K
$12.50Aug 210.931.47$1.2045.0%490.94441
$13.00Aug 281.541.93$1.7422.4%400.9286

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 72.7K, top 8.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Aug 210.200.52$0.3688.9%7.8K0.9416.8K
$11.50Aug 210.000.01$0.01100.0%7.4K0.078.0K
$10.00Aug 281.221.42$1.3215.2%7.3K0.917.3K
$13.00Sep 180.250.30$0.2817.9%6.0K0.2512.9K
$12.00Aug 210.000.01$0.01100.0%3.7K0.0312.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.210.50$0.3680.6%8.0K0.4112.0K
$12.00Aug 280.750.96$0.8624.4%7.1K0.74596
$11.00Aug 210.000.01$0.01100.0%1.5K0.065.3K
$11.00Aug 280.210.29$0.2532.0%1.4K0.361.5K
$12.00Sep 181.111.25$1.1811.9%7170.603.8K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 0.92, avg 1.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$11.00Sep 18$0.52$0.48$0.5279%0.92$10.52
$10.00$10.50Aug 28$0.33$0.17$0.3391%0.52$10.33
$10.50$11.50Oct 2$0.52$0.48$0.5270%0.92$11.02
$12.00$12.50Oct 2$0.11$0.39$0.1144%3.55$12.11
$10.50$11.00Sep 11$0.27$0.23$0.2774%0.85$10.77
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.50$11.00Oct 2$0.18$0.32$0.1848%1.78$11.32
$11.50$11.00Sep 11$0.21$0.29$0.2152%1.38$11.29
$11.50$11.00Aug 21$0.19$0.31$0.1995%1.63$11.31
$10.50$10.00Oct 2$0.13$0.37$0.1332%2.85$10.37
$11.00$10.50Aug 28$0.13$0.37$0.1336%2.85$10.87

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 21 found (best R:R 0.72, avg 0.55)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$12.00Oct 2$0.29$0.29$0.2147%1.38$11.79
$13.00$13.50Oct 2$0.14$0.14$0.3670%0.39$13.14
$12.00$12.50Sep 25$0.20$0.20$0.3057%0.67$12.20
$12.50$13.00Oct 2$0.17$0.17$0.3362%0.52$12.67
$12.50$13.00Sep 25$0.15$0.15$0.3565%0.43$12.65
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$10.00$9.50Sep 11$0.21$0.21$0.2978%0.72$9.79
$11.00$10.00Sep 18$0.37$0.37$0.6360%0.59$10.63
$11.00$10.50Oct 2$0.26$0.26$0.2460%1.08$10.74
$11.00$10.50Sep 11$0.24$0.24$0.2660%0.92$10.76
$10.50$10.00Sep 4$0.15$0.15$0.3572%0.43$10.35

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 21 found (cheapest 1.86% of stock, avg 10.72%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Aug 21$0.01$0.20$0.21$11.29$11.711.86%
$11.00Aug 21$0.36$0.01$0.37$10.63$11.373.28%
$12.00Aug 21$0.01$0.74$0.75$11.25$12.756.65%
$11.00Aug 28$0.56$0.25$0.81$10.19$11.817.19%
$11.50Aug 28$0.31$0.51$0.82$10.68$12.327.28%
$10.50Aug 21$0.87$0.01$0.88$9.62$11.387.81%
$12.00Aug 28$0.16$0.86$1.02$10.98$13.029.05%
$11.50Sep 4$0.38$0.66$1.04$10.46$12.549.23%
$11.00Sep 4$0.73$0.36$1.09$9.91$12.099.67%
$10.50Aug 28$0.99$0.12$1.11$9.39$11.619.85%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 86 found (cheapest 0.18% of stock, avg 6.16%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$11.50$11.00Aug 21$0.01$0.01$0.02$10.98$11.52
$12.50$11.00Aug 21$0.02$0.01$0.03$10.97$12.53
$13.00$10.00Aug 28$0.04$0.05$0.09$9.91$13.09
$12.50$10.00Aug 28$0.07$0.05$0.12$9.88$12.62
$13.50$9.50Sep 4$0.06$0.07$0.13$9.37$13.63
$13.00$9.50Sep 4$0.08$0.07$0.15$9.35$13.15
$13.00$10.50Aug 28$0.04$0.12$0.16$10.34$13.16
$12.50$10.50Aug 28$0.07$0.12$0.19$10.31$12.69
$13.50$10.00Sep 4$0.06$0.13$0.19$9.81$13.69
$13.00$10.00Sep 4$0.08$0.13$0.21$9.79$13.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 1.17, avg credit $0.28)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1013/14Oct 2$0.27$0.2346%1.17$9.73$13.27
10/1012/13Sep 25$0.32$0.1833%1.78$10.18$12.82
10/1012/12Sep 4$0.27$0.2339%1.17$10.23$12.27
10/1013/14Oct 2$0.27$0.2339%1.17$10.23$13.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$11.00$12.00Sep 18$0.07$0.9339%13.29
$10.50$11.00$11.50Aug 21$0.16$0.3490%2.12
$11.00$11.50$12.00Aug 21$0.35$0.1590%0.43
$11.50$12.00$12.50Aug 28$0.06$0.4430%7.33
$11.00$11.50$12.00Aug 28$0.10$0.4037%4.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Aug 21$0.19$0.3192%1.63
$10.00$11.00$12.00Sep 18$0.18$0.8239%4.56
$11.00$11.50$12.00Aug 21$0.35$0.1590%0.43
$11.00$11.50$12.00Aug 28$0.09$0.4137%4.56
$10.00$10.50$11.00Aug 28$0.06$0.4428%7.33

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 $-0.20, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Sep 18-$0.07$0.93
$10.00$11.001:2Sep 18-$0.45$0.55
$10.50$11.001:2Aug 28-$0.13$0.37
$10.50$11.501:2Oct 2-$0.43$0.57
$11.00$11.501:2Aug 28-$0.06$0.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.50$12.501:2Aug 21-$0.20$0.80
$13.00$12.001:2Sep 4-$0.30$0.70
$12.00$11.001:2Sep 18-$0.08$0.92
$11.50$10.501:2Sep 25-$0.07$0.93
$12.50$11.501:2Oct 2-$0.33$0.67

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 4.53%, avg 2.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 2$0.510.3810.9%4.53%15.44%1911
$11.50Oct 2$0.780.532.0%6.92%8.96%172
$12.00Sep 25$0.530.436.5%4.70%11.18%6352
$11.50Sep 25$0.690.522.0%6.12%8.16%95178
$12.00Sep 18$0.500.406.5%4.44%10.91%81717.9K
$12.50Sep 25$0.360.3510.9%3.19%14.11%151103
$13.50Sep 25$0.200.2419.8%1.77%21.56%1974
$12.00Oct 2$0.410.446.5%3.64%10.12%6682
$13.00Sep 25$0.240.2715.3%2.13%17.48%205111
$13.00Sep 18$0.250.2515.3%2.22%17.57%6.0K12.9K

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 65,394
Total Puts 31,816
Put/Call Ratio 0.49
Net Difference 33,578

Prior's Put/Call Breakdown

Total Calls 45,061
Total Puts 54,811
Put/Call Ratio 1.22
Net Difference -9,750

Prior 7-Day Put/Call Summary

Total Calls 152,321
Total Puts 136,155
Average Put/Call Ratio 0.72
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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