Tour v526
CLF
CLEVELAND-CLIFFS INC
$11.62 -1.78%
$11.61 (-0.09%)🌙
as of 08/28 06:18 PM
8/28 18:18

Option Volume

Detail
Current (08/28) 37,419
Calls: 15,928 (43%)
Puts: 21,491 (57%)
Prior (08/27) 18,767
Calls: 12,035 (64%)
Puts: 6,732 (36%)
Current vs Prior +99.39%
Calls: +32.35% (Calls)
Puts: +219.24% (Puts)
Prior 7-Day Total 372,709
Calls: 199,197 (53%)
Puts: 173,512 (47%)
Prior 7-Day Average 53,244
Calls: 28,456 (53%)
Puts: 24,787 (47%)
Current vs Prior 7-Day Avg -29.72%
Calls: -44.03%
Puts: -13.30%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/28) $2.59M
Calls: $737.4K (28%)
Puts: $1.85M (72%)
Prior (08/27) $1.31M
Calls: $696.0K (53%)
Puts: $609.0K (47%)
Current vs Prior +98.48%
Calls: +5.95%
Puts: +204.24%
Prior 7-Day Total $27.97M
Calls: $13.31M (48%)
Puts: $14.66M (52%)
Prior 7-Day Average $4.00M
Calls: $1.90M (48%)
Puts: $2.09M (52%)
Current vs Prior 7-Day Avg -35.18%
Calls: -61.21%
Puts: -11.55%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/28) 1.35
Prior (08/27) 0.56
Current vs Prior +141.21%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg +54.63%
Sentiment BEARISH

Open Interest

Detail
Current (08/28) 419,944
Calls: 285,527 (68%)
Puts: 134,417 (32%)
Prior (08/27) 440,898
Calls: 315,400 (72%)
Puts: 125,498 (28%)
Current vs Prior -4.75%
Prior 7-Day Total 3,394,413
Calls: 2,430,173 (72%)
Puts: 964,240 (28%)
Prior 7-Day Average 484,916
Calls: 347,167 (72%)
Puts: 137,748 (28%)
Current vs Prior 7-Day Avg -13.40%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 6.20% | 8.26%12.05% | 17.99%
Prior 5.83% | 9.30%13.69% | 18.01%
Current vs Prior +41.64% | +3.66%-12.02% | -0.10%
Prior 7-Day Avg 7.66% | 10.41%10.11% | 15.53%
Current vs 7-Day Avg +7.84% | -7.38%+19.21% | +15.84%
Prior 7-Day Eod 5.83% | 9.30%13.69% | 18.01%
Current vs 7-Day Eod +41.64% | +3.66%-12.02% | -0.10%
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 bearish flow with 72% put dollar volume ($1.85M). Elevated premium activity with dollar volume up 98% vs prior. Above-average activity with volume up 99% vs prior. Bearish P/C ratio of 1.35 indicates protective positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
7-Day Avg BEARISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 $0.71, cheapest $0.32)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 250.550.65$0.6016.7%170.46170
$11.00Sep 180.921.04$0.9812.2%6070.686.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.300.35$0.3215.6%1180.333.7K
$12.50Sep 40.881.04$0.9616.7%430.835.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 281.411.70$1.5618.6%2291.003.8K
$10.50Aug 280.951.39$1.1737.6%171.001.4K
$9.50Sep 41.912.27$2.0917.2%20.997
$11.00Aug 280.530.75$0.6434.4%1650.971.5K
$10.00Sep 41.381.85$1.6229.0%30.97137
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Aug 281.271.69$1.4828.4%40.981
$12.50Aug 280.801.06$0.9328.0%500.97672
$12.00Aug 280.160.97$0.56144.6%1630.952.6K
$13.00Sep 41.041.58$1.3141.2%570.92128
$12.50Sep 40.881.04$0.9616.7%430.835.0K

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 15.2K, top 3.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Aug 280.000.01$0.01100.0%3.3K0.053.5K
$11.50Aug 280.060.25$0.16118.8%9950.964.6K
$11.50Sep 40.370.46$0.4221.4%9480.59557
$12.00Sep 40.170.21$0.1921.1%8910.35809
$13.50Sep 40.010.04$0.03100.0%8610.061.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Aug 280.000.01$0.01100.0%6210.113.5K
$11.50Sep 40.180.33$0.2657.7%4550.411.3K
$11.00Sep 40.070.12$0.1050.0%2810.204.8K
$10.50Sep 40.030.05$0.0450.0%2540.09491
$12.00Sep 40.460.62$0.5429.6%2120.652.0K

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. 35 found (best R:R 1.27, avg 1.68)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$12.00Oct 9$0.44$0.56$0.4469%1.27$11.44
$10.50$11.00Sep 18$0.26$0.24$0.2686%0.92$10.76
$11.00$12.00Oct 2$0.51$0.49$0.5170%0.96$11.51
$11.50$12.00Sep 18$0.15$0.35$0.1553%2.33$11.65
$11.50$12.00Sep 25$0.18$0.32$0.1856%1.78$11.68
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.50$13.00Sep 18$0.26$0.24$0.2681%0.92$13.24
$12.00$11.50Sep 11$0.17$0.33$0.1761%1.94$11.83
$11.50$11.00Sep 11$0.12$0.38$0.1245%3.17$11.38
$12.00$11.50Sep 18$0.24$0.26$0.2458%1.08$11.76
$12.00$11.50Sep 25$0.24$0.26$0.2454%1.08$11.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 18 found (best R:R 1.38, avg 0.59)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$13.50Sep 11$0.15$0.15$0.3578%0.43$13.15
$12.00$12.50Sep 25$0.27$0.27$0.2354%1.17$12.27
$12.00$12.50Sep 18$0.22$0.22$0.2859%0.79$12.22
$12.00$12.50Sep 4$0.10$0.10$0.4065%0.25$12.10
$12.50$13.00Oct 2$0.16$0.16$0.3459%0.47$12.66
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$11.00Oct 2$0.29$0.29$0.2158%1.38$11.21
$11.00$10.50Sep 11$0.21$0.21$0.2969%0.72$10.79
$11.00$10.50Sep 18$0.19$0.19$0.3167%0.61$10.81
$10.00$9.50Sep 11$0.11$0.11$0.3985%0.28$9.89
$11.00$10.00Oct 2$0.26$0.26$0.7468%0.35$10.74

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. 24 found (cheapest 1.46% of stock, avg 9.76%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Aug 28$0.16$0.01$0.17$11.33$11.671.46%
$12.00Aug 28$0.01$0.56$0.57$11.43$12.574.91%
$11.00Aug 28$0.64$0.01$0.65$10.35$11.655.59%
$11.50Sep 4$0.42$0.26$0.68$10.82$12.185.85%
$12.00Sep 4$0.19$0.54$0.73$11.27$12.736.28%
$11.00Sep 4$0.73$0.10$0.83$10.17$11.837.14%
$12.00Sep 11$0.31$0.60$0.91$11.09$12.917.83%
$12.50Aug 28$0.01$0.93$0.94$11.56$13.448.09%
$11.50Sep 11$0.52$0.43$0.95$10.55$12.458.18%
$12.50Sep 4$0.09$0.96$1.05$11.45$13.559.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 72 found (cheapest 0.17% of stock, avg 4.42%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.00$11.50Aug 28$0.01$0.01$0.02$11.48$12.02
$13.50$10.50Sep 4$0.03$0.04$0.07$10.43$13.57
$13.00$10.50Sep 4$0.04$0.04$0.08$10.42$13.08
$13.50$9.50Sep 11$0.04$0.04$0.08$9.42$13.58
$12.50$10.50Sep 4$0.09$0.04$0.13$10.37$12.63
$13.50$10.50Sep 11$0.04$0.10$0.14$10.36$13.64
$13.50$11.00Sep 4$0.03$0.10$0.13$10.87$13.63
$13.00$11.00Sep 4$0.04$0.10$0.14$10.86$13.14
$12.50$11.00Sep 4$0.09$0.10$0.19$10.81$12.69
$13.50$10.00Sep 11$0.04$0.15$0.19$9.81$13.69

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 2.57, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1113/14Sep 11$0.36$0.1447%2.57$10.64$13.36
10/1013/14Sep 11$0.26$0.2463%1.08$9.74$13.26

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 27 found (best R:R 2.33, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Aug 28$0.15$0.3593%2.33
$11.00$11.50$12.00Aug 28$0.33$0.1792%0.52
$11.00$11.50$12.00Sep 4$0.08$0.4245%5.25
$12.00$12.50$13.00Sep 4$0.05$0.4526%9.00
$11.50$12.00$12.50Sep 4$0.13$0.3740%2.85
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Sep 18$0.05$0.4529%9.00
$11.00$11.50$12.00Sep 4$0.12$0.3845%3.17
$10.50$11.00$11.50Sep 4$0.10$0.4032%4.00
$11.50$12.00$12.50Sep 4$0.14$0.3641%2.57
$10.00$10.50$11.00Oct 9$0.07$0.4314%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. 47 found (best net $-0.36, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Oct 2-$0.36$0.64
$10.50$11.001:2Aug 28-$0.11$0.39
$11.00$12.001:2Oct 2-$0.20$0.80
$11.00$12.001:2Oct 9-$0.36$0.64
$11.00$11.501:2Sep 4-$0.11$0.39
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$11.501:2Oct 2-$0.10$0.90
$12.50$12.001:2Aug 28-$0.19$0.31
$12.50$12.001:2Sep 4-$0.12$0.38
$12.50$12.001:2Sep 11-$0.11$0.39
$13.00$12.501:2Aug 28-$0.38$0.12

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 5.51%, avg 2.15%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 9$0.640.523.3%5.51%8.78%1--
$12.50Oct 2$0.430.417.6%3.70%11.27%840
$12.00Oct 2$0.570.513.3%4.91%8.18%1--
$12.00Sep 25$0.550.463.3%4.73%8.00%17170
$13.00Oct 9$0.180.3311.9%1.55%13.43%328
$13.00Oct 2$0.160.3111.9%1.38%13.25%283
$13.00Sep 25$0.210.2711.9%1.81%13.68%311.1K
$13.50Sep 25$0.140.2216.2%1.20%17.38%602306
$12.00Sep 18$0.390.413.3%3.36%6.63%33220.4K
$13.00Sep 18$0.180.2211.9%1.55%13.43%29515.8K

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 15,928
Total Puts 21,491
Put/Call Ratio 1.35
Net Difference -5,563

Prior's Put/Call Breakdown

Total Calls 12,035
Total Puts 6,732
Put/Call Ratio 0.56
Net Difference 5,303

Prior 7-Day Put/Call Summary

Total Calls 199,197
Total Puts 173,512
Average Put/Call Ratio 0.87
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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