Tour v526
CLF
CLEVELAND-CLIFFS INC
$11.55 -0.60%
8/31 18:18

Option Volume

Detail
Current (08/31) 30,434
Calls: 12,028 (40%)
Puts: 18,406 (60%)
Prior (08/28) 37,419
Calls: 15,928 (43%)
Puts: 21,491 (57%)
Current vs Prior -18.67%
Calls: -24.49% (Calls)
Puts: -14.35% (Puts)
Prior 7-Day Total 383,132
Calls: 199,619 (52%)
Puts: 183,513 (48%)
Prior 7-Day Average 54,733
Calls: 28,517 (52%)
Puts: 26,216 (48%)
Current vs Prior 7-Day Avg -44.40%
Calls: -57.82%
Puts: -29.79%
Sentiment BEARISH

Dollar Volume

Detail
Current (08/31) $2.03M
Calls: $541.3K (27%)
Puts: $1.49M (73%)
Prior (08/28) $2.59M
Calls: $737.4K (28%)
Puts: $1.85M (72%)
Current vs Prior -21.51%
Calls: -26.59%
Puts: -19.49%
Prior 7-Day Total $27.78M
Calls: $12.23M (44%)
Puts: $15.55M (56%)
Prior 7-Day Average $3.97M
Calls: $1.75M (44%)
Puts: $2.22M (56%)
Current vs Prior 7-Day Avg -48.77%
Calls: -69.01%
Puts: -32.86%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (08/31) 1.53
Prior (08/28) 1.35
Current vs Prior +13.42%
Prior 7-Day Average 0.96
Current vs Prior 7-Day Avg +59.49%
Sentiment BEARISH

Open Interest

Detail
Current (08/31) 406,869
Calls: 260,868 (64%)
Puts: 146,001 (36%)
Prior (08/28) 419,944
Calls: 285,527 (68%)
Puts: 134,417 (32%)
Current vs Prior -3.11%
Prior 7-Day Total 3,392,016
Calls: 2,414,272 (71%)
Puts: 977,744 (29%)
Prior 7-Day Average 484,573
Calls: 344,896 (71%)
Puts: 139,677 (29%)
Current vs Prior 7-Day Avg -16.04%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 8.14% | 9.18%12.90% | 16.62%
Prior 8.26% | 9.64%12.05% | 17.99%
Current vs Prior -1.49% | -4.78%+7.07% | -7.58%
Prior 7-Day Avg 7.76% | 10.32%10.75% | 16.30%
Current vs 7-Day Avg +4.90% | -11.04%+20.05% | +1.95%
Prior 7-Day Eod 8.26% | 9.64%12.05% | 17.99%
Current vs 7-Day Eod -1.49% | -4.78%+7.07% | -7.58%
Sentiment BULLISHBEARISH

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 73% put dollar volume ($1.49M). Extreme bearish P/C ratio of 1.53 - heavy put buying. Call-heavy open interest (260,868 calls vs 146,001 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BEARISH
Current BEARISH
Prior BEARISH
7-Day Avg NEUTRAL
Current BEARISH
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 -- 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. 5 found (avg $0.59, cheapest $0.14)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 40.130.15$0.1414.3%1.4K0.301.5K
$12.00Sep 180.360.43$0.4017.5%6050.4220.3K
$11.00Sep 180.840.96$0.9013.3%1080.706.8K
$11.50Sep 250.660.75$0.7112.7%1250.54241
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.740.83$0.7811.5%3.1K0.593.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 31 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.50Sep 41.802.33$2.0725.6%90.989
$10.00Sep 41.351.76$1.5626.3%2010.97137
$10.50Sep 40.811.26$1.0443.3%20.94243
$10.00Sep 111.511.96$1.7425.9%10.94--
$10.00Sep 181.561.86$1.7117.5%70.898.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Sep 41.752.10$1.9318.1%21.00--
$13.00Sep 41.271.58$1.4321.7%530.93144
$13.50Sep 111.772.10$1.9417.0%30.89--
$13.00Sep 111.361.72$1.5423.4%30.8934
$12.50Sep 40.861.07$0.9721.6%3.1K0.885.0K

Most actively traded options today. High liquidity = easy entry/exit. 71 active (total vol 23.3K, top 3.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 40.130.15$0.1414.3%1.4K0.301.5K
$12.50Sep 250.300.45$0.3839.5%1.1K0.34359
$13.00Sep 180.130.16$0.1520.0%9450.2015.8K
$12.00Sep 180.360.43$0.4017.5%6050.4220.3K
$12.50Sep 40.030.06$0.0560.0%5160.124.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 40.070.12$0.1050.0%3.7K0.214.9K
$12.50Sep 40.861.07$0.9721.6%3.1K0.885.0K
$12.00Sep 180.740.83$0.7811.5%3.1K0.593.5K
$11.00Sep 180.270.33$0.3020.0%3.1K0.313.7K
$10.00Sep 110.010.09$0.05160.0%6450.091.2K

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 10.5%, max 12.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Sep 4Oct 962.8%55.7%12.8%2473.4K
$12.00Sep 4Oct 264.4%57.6%11.9%1.4K1.5K
$11.50Sep 4Oct 960.2%55.1%9.2%3841.3K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.00Sep 4Oct 962.8%55.7%12.8%3.7K4.9K
$11.50Sep 4Sep 2560.2%54.4%10.7%5821.6K
$12.00Sep 4Oct 964.4%61.2%5.3%472.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 26 found (best R:R 0.72, avg 1.86)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.50$11.00Sep 4$0.29$0.21$0.2994%0.72$10.79
$11.00$11.50Sep 18$0.19$0.31$0.1970%1.63$11.19
$10.50$11.00Sep 11$0.33$0.17$0.3385%0.52$10.83
$11.00$11.50Oct 9$0.25$0.25$0.2564%1.00$11.25
$12.00$12.50Sep 18$0.13$0.37$0.1342%2.85$12.13
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Sep 25$0.19$0.31$0.1958%1.63$11.81
$11.00$10.50Oct 9$0.11$0.39$0.1136%3.55$10.89
$11.50$11.00Sep 11$0.16$0.34$0.1649%2.13$11.34
$12.00$11.50Sep 18$0.24$0.26$0.2459%1.08$11.76
$12.00$11.00Oct 9$0.43$0.57$0.4354%1.33$11.57

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 13 found (best R:R 0.92, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$12.50Oct 2$0.24$0.24$0.2656%0.92$12.24
$12.50$13.00Sep 18$0.12$0.12$0.3869%0.32$12.62
$12.50$13.00Sep 25$0.14$0.14$0.3666%0.39$12.64
$12.50$13.50Oct 2$0.21$0.21$0.7967%0.27$12.71
$12.00$12.50Sep 18$0.13$0.13$0.3758%0.35$12.13
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$11.00Sep 18$0.24$0.24$0.2656%0.92$11.26
$11.50$11.00Sep 25$0.25$0.25$0.2554%1.00$11.25
$11.00$10.00Oct 2$0.26$0.26$0.7465%0.35$10.74
$11.00$10.00Sep 25$0.22$0.22$0.7866%0.28$10.78
$11.50$11.00Sep 4$0.16$0.16$0.3454%0.47$11.34

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.10, cheapest $0.10)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Sep 4Sep 11$0.1060.2%44.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 17 found (cheapest 5.02% of stock, avg 9.77%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Sep 4$0.32$0.26$0.58$10.92$12.085.02%
$11.50Sep 11$0.36$0.36$0.72$10.78$12.226.23%
$12.00Sep 4$0.14$0.62$0.76$11.24$12.766.58%
$11.00Sep 4$0.75$0.10$0.85$10.15$11.857.36%
$11.00Sep 11$0.81$0.20$1.01$9.99$12.018.74%
$12.50Sep 4$0.05$0.97$1.02$11.48$13.528.83%
$10.50Sep 4$1.04$0.02$1.06$9.44$11.569.18%
$12.50Sep 11$0.12$1.05$1.17$11.33$13.6710.13%
$12.00Sep 18$0.40$0.78$1.18$10.82$13.1810.22%
$11.00Sep 18$0.90$0.30$1.20$9.80$12.2010.39%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 63 found (cheapest 0.35% of stock, avg 3.87%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$10.50Sep 4$0.02$0.02$0.04$10.46$13.04
$12.50$10.50Sep 4$0.05$0.02$0.07$10.43$12.57
$13.00$10.00Sep 11$0.06$0.05$0.11$9.89$13.11
$13.50$10.00Sep 11$0.07$0.05$0.12$9.88$13.62
$13.00$11.00Sep 4$0.02$0.10$0.12$10.88$13.12
$12.50$11.00Sep 4$0.05$0.10$0.15$10.85$12.65
$13.50$9.50Sep 18$0.11$0.05$0.16$9.34$13.66
$13.00$10.50Sep 11$0.06$0.11$0.17$10.33$13.17
$12.50$10.00Sep 11$0.12$0.05$0.17$9.83$12.67
$13.50$10.50Sep 11$0.07$0.11$0.18$10.32$13.68

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 0.92, avg credit $0.36)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1112/13Sep 18$0.24$0.2639%0.92$10.76$12.74
10/1112/14Oct 2$0.47$0.5332%0.89$10.53$12.97
10/1112/13Sep 25$0.36$0.6433%0.56$10.64$12.86

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 20 found (best R:R 5.25, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Sep 4$0.09$0.4142%4.56
$11.50$12.00$12.50Sep 11$0.08$0.4231%5.25
$12.00$12.50$13.00Sep 4$0.06$0.4424%7.33
$10.00$10.50$11.00Sep 18$0.07$0.4319%6.14
$12.50$13.00$13.50Sep 18$0.08$0.4216%5.25
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Sep 4$0.08$0.4240%5.25
$10.50$11.00$11.50Sep 11$0.07$0.4332%6.14
$10.00$10.50$11.00Sep 4$0.07$0.4319%6.14
$11.00$11.50$12.00Sep 4$0.20$0.3049%1.50
$12.00$12.50$13.00Sep 4$0.11$0.3923%3.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 30 found (best net $-0.13, 20 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.50$12.001:2Sep 18-$0.09$0.41
$12.00$12.501:2Oct 2-$0.12$0.38
$11.50$12.001:2Sep 25-$0.19$0.31
$12.00$12.501:2Sep 18-$0.14$0.36
$12.50$13.001:2Sep 25-$0.10$0.40
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$11.001:2Oct 9-$0.13$0.87
$12.50$12.001:2Sep 4-$0.27$0.23
$11.50$11.001:2Sep 18-$0.06$0.44
$11.50$11.001:2Sep 25-$0.13$0.37
$11.00$10.501:2Sep 18-$0.06$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 3.81%, avg 1.95%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 2$0.440.453.9%3.81%7.71%33--
$12.50Sep 25$0.300.348.2%2.60%10.82%1.1K359
$12.00Sep 18$0.360.423.9%3.12%7.01%60520.3K
$13.00Sep 25$0.200.2412.6%1.73%14.29%151.1K
$12.50Oct 2$0.210.338.2%1.82%10.04%10--
$12.50Sep 18$0.220.318.2%1.90%10.13%25335
$12.00Sep 25$0.300.423.9%2.60%6.49%228185
$13.50Sep 25$0.090.1716.9%0.78%17.66%73907
$13.00Sep 18$0.130.2012.6%1.13%13.68%94515.8K
$12.00Sep 4$0.130.303.9%1.13%5.02%1.4K1.5K

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 12,028
Total Puts 18,406
Put/Call Ratio 1.53
Net Difference -6,378

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 199,619
Total Puts 183,513
Average Put/Call Ratio 0.96
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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