Tour v526
CLF
CLEVELAND-CLIFFS INC
$12.28 -1.13%
$12.29 (+0.06%)🌙
as of 09/03 06:17 PM
9/3 18:17

Option Volume

Detail
Current (09/03) 21,478
Calls: 15,443 (72%)
Puts: 6,035 (28%)
Prior (09/02) 57,668
Calls: 28,008 (49%)
Puts: 29,660 (51%)
Current vs Prior -62.76%
Calls: -44.86% (Calls)
Puts: -79.65% (Puts)
Prior 7-Day Total 215,155
Calls: 110,270 (51%)
Puts: 104,885 (49%)
Prior 7-Day Average 30,736
Calls: 15,752 (51%)
Puts: 14,983 (49%)
Current vs Prior 7-Day Avg -30.12%
Calls: -1.97%
Puts: -59.72%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/03) $1.57M
Calls: $1.20M (77%)
Puts: $363.7K (23%)
Prior (09/02) $3.65M
Calls: $2.07M (57%)
Puts: $1.58M (43%)
Current vs Prior -57.08%
Calls: -41.87%
Puts: -77.00%
Prior 7-Day Total $15.35M
Calls: $6.56M (43%)
Puts: $8.79M (57%)
Prior 7-Day Average $2.19M
Calls: $937.7K (43%)
Puts: $1.26M (57%)
Current vs Prior 7-Day Avg -28.57%
Calls: +28.29%
Puts: -71.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/03) 0.39
Prior (09/02) 1.06
Current vs Prior -63.10%
Prior 7-Day Average 0.92
Current vs Prior 7-Day Avg -57.57%
Sentiment BULLISH

Open Interest

Detail
Current (09/03) 384,229
Calls: 275,298 (72%)
Puts: 108,931 (28%)
Prior (09/02) 501,523
Calls: 338,269 (67%)
Puts: 163,254 (33%)
Current vs Prior -23.39%
Prior 7-Day Total 3,009,619
Calls: 2,082,484 (69%)
Puts: 927,135 (31%)
Prior 7-Day Average 429,945
Calls: 297,497 (69%)
Puts: 132,447 (31%)
Current vs Prior 7-Day Avg -10.63%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 4.97% | 8.31%11.16% | 16.04%
Prior 6.12% | 8.62%11.59% | 16.26%
Current vs Prior -18.82% | -3.59%-3.78% | -1.36%
Prior 7-Day Avg 7.32% | 9.45%13.20% | 17.57%
Current vs 7-Day Avg -32.14% | -12.07%-15.46% | -8.69%
Prior 7-Day Eod 6.12% | 8.62%11.59% | 16.26%
Current vs 7-Day Eod -18.82% | -3.59%-3.78% | -1.36%
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 77% of dollar volume in calls ($1.20M) vs puts ($363.7K). Light premium activity with dollar volume down 57% vs prior. Below-average activity with volume down 63% vs prior. Extreme bullish P/C ratio of 0.39 - heavy call buying (15,443 calls vs 6,035 puts).

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 BEARISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
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 4 of results (avg 8.7%, best 7.5%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 182.242.44$2.348.5%570.95--
$11.00Sep 181.321.45$1.399.4%1290.877.1K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.770.83$0.807.5%1880.411.1K
$11.00Oct 160.400.44$0.429.5%1250.261.2K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.57, cheapest $0.25)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.270.30$0.2910.3%1.2K0.3416.5K
$13.00Sep 250.360.43$0.4017.5%140.381.1K
$13.00Oct 20.460.55$0.5117.6%140.39163
$12.00Sep 250.780.91$0.8515.3%40.62210
$13.00Oct 160.660.75$0.7112.7%9000.4312.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 110.230.26$0.2512.0%1580.36340
$12.50Sep 110.460.52$0.4912.2%7040.57913
$13.00Sep 180.891.07$0.9818.4%230.6710.6K
$11.00Oct 160.400.44$0.429.5%1250.261.2K
$12.00Oct 160.770.83$0.807.5%1880.411.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 42 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 41.622.01$1.8221.4%90.99235
$11.00Sep 41.061.40$1.2327.6%4470.993.3K
$10.00Sep 42.102.43$2.2714.5%520.98316
$10.00Sep 182.242.44$2.348.5%570.95--
$10.50Sep 111.661.98$1.8217.6%3650.93392
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 40.540.85$0.7044.3%201.00143
$13.50Sep 40.991.35$1.1730.8%521.0058
$14.00Sep 41.451.84$1.6523.6%41.00--
$14.50Sep 41.812.34$2.0825.5%11.00--
$13.50Sep 111.141.40$1.2720.5%540.892

Most actively traded options today. High liquidity = easy entry/exit. 95 active (total vol 14.8K, top 1.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.270.30$0.2910.3%1.2K0.3416.5K
$12.50Sep 40.080.11$0.1030.0%9180.364.7K
$13.00Oct 160.660.75$0.7112.7%9000.4312.0K
$13.00Sep 40.010.03$0.02100.0%8530.093.5K
$12.00Sep 40.300.44$0.3737.8%6600.804.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.290.42$0.3636.1%8970.387.2K
$12.50Sep 110.460.52$0.4912.2%7040.57913
$11.00Sep 180.050.13$0.0988.9%3970.134.1K
$12.00Sep 40.030.08$0.0683.3%2720.212.5K
$11.50Sep 180.170.25$0.2138.1%2680.251.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 23.0%, max 28.4%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Sep 4Oct 1673.3%57.1%28.4%1.1K10.9K
$12.50Sep 4Oct 963.3%55.0%14.9%1.0K4.8K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Sep 4Oct 1673.3%57.1%28.4%4603.7K
$12.50Sep 4Oct 263.3%52.6%20.4%2991.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 36 found (best R:R 0.52, avg 1.65)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$10.50Sep 18$0.33$0.17$0.3395%0.52$10.33
$11.50$12.00Sep 18$0.22$0.28$0.2275%1.27$11.72
$11.00$12.00Oct 16$0.58$0.42$0.5875%0.72$11.58
$12.50$13.00Oct 2$0.11$0.39$0.1148%3.55$12.61
$12.50$13.50Oct 9$0.36$0.64$0.3652%1.78$12.86
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.50$13.00Sep 18$0.26$0.24$0.2677%0.92$13.24
$12.50$12.00Oct 2$0.20$0.30$0.2052%1.50$12.30
$12.50$12.00Sep 4$0.18$0.32$0.1871%1.78$12.32
$13.00$12.00Oct 9$0.47$0.53$0.4758%1.13$12.53
$12.00$11.50Oct 2$0.16$0.34$0.1641%2.13$11.84

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 0.53)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$13.50Sep 25$0.20$0.20$0.3062%0.67$13.20
$12.50$13.00Sep 25$0.22$0.22$0.2850%0.79$12.72
$13.00$14.00Oct 2$0.27$0.27$0.7361%0.37$13.27
$13.00$14.00Oct 16$0.33$0.33$0.6757%0.49$13.33
$12.50$13.00Sep 11$0.14$0.14$0.3657%0.39$12.64
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$11.00Oct 2$0.23$0.23$0.2768%0.85$11.27
$12.00$11.50Sep 25$0.25$0.25$0.2561%1.00$11.75
$11.50$11.00Oct 9$0.20$0.20$0.3069%0.67$11.30
$12.00$11.00Oct 16$0.38$0.38$0.6259%0.61$11.62
$11.00$10.00Oct 16$0.22$0.22$0.7874%0.28$10.78

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 1 found (avg debit $0.19, cheapest $0.19)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Sep 4Sep 11$0.1963.3%53.0%
PUTS (0)
No puts found

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 2.77% of stock, avg 9.92%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.50Sep 4$0.10$0.24$0.34$12.16$12.842.77%
$12.00Sep 4$0.37$0.06$0.43$11.57$12.433.50%
$13.00Sep 4$0.02$0.70$0.72$12.28$13.725.86%
$12.00Sep 11$0.53$0.25$0.78$11.22$12.786.35%
$12.50Sep 11$0.29$0.49$0.78$11.72$13.286.35%
$11.50Sep 4$0.89$0.03$0.92$10.58$12.427.49%
$13.00Sep 11$0.15$0.86$1.01$11.99$14.018.22%
$11.50Sep 11$0.88$0.14$1.02$10.48$12.528.31%
$12.00Sep 18$0.73$0.36$1.09$10.91$13.098.88%
$12.50Sep 18$0.47$0.64$1.11$11.39$13.619.04%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 84 found (cheapest 0.41% of stock, avg 4.08%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$11.50Sep 4$0.02$0.03$0.05$11.45$13.05
$14.00$10.50Sep 11$0.04$0.05$0.09$10.41$14.09
$13.00$12.00Sep 4$0.02$0.06$0.08$11.92$13.08
$14.00$10.00Sep 11$0.04$0.06$0.10$9.90$14.10
$14.00$11.00Sep 11$0.04$0.06$0.10$10.90$14.10
$13.50$10.50Sep 11$0.05$0.05$0.10$10.40$13.60
$13.50$11.00Sep 11$0.05$0.06$0.11$10.89$13.61
$13.50$10.00Sep 11$0.05$0.06$0.11$9.89$13.61
$14.50$10.50Sep 11$0.07$0.05$0.12$10.38$14.62
$14.50$11.00Sep 11$0.07$0.06$0.13$10.87$14.63

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. 34 found (best R:R 9.00, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Oct 16$0.12$0.8831%7.33
$12.00$12.50$13.00Sep 4$0.19$0.3170%1.63
$12.00$13.00$14.00Oct 16$0.13$0.8731%6.69
$12.50$13.50$14.50Oct 9$0.14$0.8631%6.14
$12.50$13.00$13.50Sep 4$0.07$0.4334%6.14
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Oct 16$0.10$0.9031%9.00
$11.50$12.00$12.50Sep 4$0.15$0.3562%2.33
$12.00$12.50$13.00Sep 4$0.28$0.2279%0.79
$12.00$12.50$13.00Sep 18$0.06$0.4429%7.33
$10.00$11.00$12.00Oct 16$0.16$0.8428%5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 38 found (best net $-0.23, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$13.501:2Oct 9-$0.10$0.90
$13.00$14.001:2Oct 16-$0.05$0.95
$12.00$13.001:2Oct 16-$0.25$0.75
$11.50$12.001:2Sep 11-$0.18$0.32
$11.00$12.001:2Oct 16-$0.59$0.41
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.50$13.001:2Sep 4-$0.23$0.27
$13.00$12.001:2Oct 16-$0.21$0.79
$13.00$12.501:2Sep 11-$0.12$0.38
$13.00$12.001:2Oct 9-$0.27$0.73
$12.50$12.001:2Sep 18-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 5.37%, avg 2.47%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Oct 16$0.660.435.9%5.37%11.24%90012.0K
$13.50Oct 9$0.400.359.9%3.26%13.19%3094
$12.50Oct 9$0.710.521.8%5.78%7.57%10164
$14.00Oct 16$0.310.2814.0%2.52%16.53%1293.7K
$13.00Oct 2$0.460.395.9%3.75%9.61%14163
$14.50Oct 9$0.180.2118.1%1.47%19.54%116154
$13.00Sep 25$0.360.385.9%2.93%8.79%141.1K
$14.00Oct 2$0.180.2314.0%1.47%15.47%31374
$12.50Sep 25$0.450.511.8%3.66%5.46%211.4K
$12.50Oct 2$0.450.481.8%3.66%5.46%18693

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 15,443
Total Puts 6,035
Put/Call Ratio 0.39
Net Difference 9,408

Prior's Put/Call Breakdown

Total Calls 28,008
Total Puts 29,660
Put/Call Ratio 1.06
Net Difference -1,652

Prior 7-Day Put/Call Summary

Total Calls 110,270
Total Puts 104,885
Average Put/Call Ratio 0.92
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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