Tour v526
CLF
CLEVELAND-CLIFFS INC
$12.29 -1.68%
$12.32 (+0.24%)🌙
as of 09/08 06:17 PM
9/8 18:17

Option Volume

Detail
Current (09/08) 16,317
Calls: 10,445 (64%)
Puts: 5,872 (36%)
Prior (09/04) 19,016
Calls: 14,424 (76%)
Puts: 4,592 (24%)
Current vs Prior -14.19%
Calls: -27.59% (Calls)
Puts: +27.87% (Puts)
Prior 7-Day Total 199,870
Calls: 110,593 (55%)
Puts: 89,277 (45%)
Prior 7-Day Average 28,552
Calls: 15,799 (55%)
Puts: 12,753 (45%)
Current vs Prior 7-Day Avg -42.85%
Calls: -33.89%
Puts: -53.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/08) $727.5K
Calls: $471.7K (65%)
Puts: $255.8K (35%)
Prior (09/04) $1.07M
Calls: $834.2K (78%)
Puts: $231.4K (22%)
Current vs Prior -31.73%
Calls: -43.46%
Puts: +10.57%
Prior 7-Day Total $13.07M
Calls: $6.79M (52%)
Puts: $6.28M (48%)
Prior 7-Day Average $1.87M
Calls: $969.5K (52%)
Puts: $897.3K (48%)
Current vs Prior 7-Day Avg -61.03%
Calls: -51.35%
Puts: -71.49%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/08) 0.56
Prior (09/04) 0.32
Current vs Prior +76.59%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -27.02%
Sentiment BULLISH

Open Interest

Detail
Current (09/08) 377,956
Calls: 271,441 (72%)
Puts: 106,515 (28%)
Prior (09/04) 451,688
Calls: 284,182 (63%)
Puts: 167,506 (37%)
Current vs Prior -16.32%
Prior 7-Day Total 2,966,562
Calls: 2,001,640 (67%)
Puts: 964,922 (33%)
Prior 7-Day Average 423,794
Calls: 285,948 (67%)
Puts: 137,846 (33%)
Current vs Prior 7-Day Avg -10.82%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 7.24% | 9.28%9.28% | 15.62%
Prior 5.76% | 8.72%8.72% | 16.00%
Current vs Prior +25.72% | +6.37%+6.37% | -2.36%
Prior 7-Day Avg 6.66% | 9.09%11.87% | 16.82%
Current vs 7-Day Avg +8.74% | +2.04%-21.88% | -7.11%
Prior 7-Day Eod 5.76% | 8.72%8.72% | 16.00%
Current vs 7-Day Eod +25.72% | +6.37%+6.37% | -2.36%
Sentiment BEARISHBEARISH

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 ($471.7K). Bullish P/C ratio of 0.56. P/C ratio rising 77% - increased hedging/bearish positioning. Call-heavy open interest (271,441 calls vs 106,515 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 BULLISH
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 3 of results (avg 8.2%, best 6.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 161.691.83$1.768.0%180.762.4K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.740.79$0.776.5%210.411.5K
$12.50Sep 110.380.42$0.4010.0%5530.581.6K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.57, cheapest $0.16)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.630.75$0.6917.4%1590.6720.4K
$13.00Oct 160.670.76$0.7212.5%860.4412.5K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 110.140.17$0.1618.8%4790.32496
$12.50Sep 110.380.42$0.4010.0%5530.581.6K
$12.00Oct 160.740.79$0.776.5%210.411.5K
$11.50Oct 230.600.70$0.6515.4%10.33--

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 37 found (avg delta 0.75, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 112.152.64$2.4020.4%20.995
$10.00Sep 182.272.61$2.4413.9%130.988.6K
$11.00Sep 111.251.64$1.4427.1%130.98620
$10.50Sep 181.782.13$1.9617.9%20.958
$10.50Sep 111.752.27$2.0125.9%30.95749
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 111.421.77$1.6021.9%20.98--
$13.50Sep 110.701.27$0.9957.6%500.9353
$13.50Sep 181.191.55$1.3726.3%90.8510
$13.00Sep 110.570.82$0.7035.7%60.802.0K
$13.50Sep 251.201.81$1.5140.4%10.75--

Most actively traded options today. High liquidity = easy entry/exit. 90 active (total vol 11.5K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Sep 180.110.19$0.1553.3%1.3K0.226.0K
$13.00Sep 110.080.10$0.0922.2%1.2K0.211.1K
$12.50Sep 110.190.26$0.2330.4%8060.423.2K
$13.50Sep 250.150.29$0.2263.6%6330.252.8K
$13.00Sep 180.240.30$0.2722.2%5780.3517.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Oct 160.150.22$0.1936.8%1.0K0.131.5K
$12.00Sep 180.260.35$0.3129.0%7410.357.5K
$12.50Sep 110.380.42$0.4010.0%5530.581.6K
$12.00Sep 110.140.17$0.1618.8%4790.32496
$11.00Oct 160.340.43$0.3923.1%4320.251.5K

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 18.3%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Sep 11Oct 1671.3%62.2%14.5%1.3K13.6K
$12.50Sep 11Oct 2369.2%67.4%2.6%8083.2K
$12.00Sep 11Oct 2366.3%65.6%0.9%4121.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Sep 11Oct 269.2%58.4%18.3%5551.7K
$13.00Sep 11Oct 1671.3%62.2%14.5%292.7K
$12.00Sep 11Oct 1666.3%59.1%12.0%5002.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 0.63, avg 1.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$12.00Oct 23$1.23$0.77$1.2386%0.63$11.23
$11.00$12.00Oct 16$0.61$0.39$0.6176%0.64$11.61
$12.00$13.00Oct 16$0.43$0.57$0.4360%1.33$12.43
$12.50$13.00Sep 18$0.14$0.36$0.1450%2.57$12.64
$12.50$13.00Oct 2$0.15$0.35$0.1546%2.33$12.65
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.50$13.00Sep 11$0.29$0.21$0.2993%0.72$13.21
$12.50$12.00Sep 18$0.14$0.36$0.1453%2.57$12.36
$13.00$12.50Sep 11$0.30$0.20$0.3080%0.67$12.70
$14.00$13.00Oct 16$0.62$0.38$0.6273%0.61$13.38
$12.00$11.50Sep 18$0.12$0.38$0.1235%3.17$11.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 1.38, avg 0.47)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Sep 25$0.11$0.11$0.3975%0.28$13.61
$13.00$14.00Oct 16$0.36$0.36$0.6456%0.56$13.36
$13.50$14.00Oct 9$0.15$0.15$0.3568%0.43$13.65
$13.50$14.00Oct 2$0.13$0.13$0.3770%0.35$13.63
$14.00$14.50Oct 23$0.15$0.15$0.3567%0.43$14.15
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.50Oct 9$0.29$0.29$0.2158%1.38$11.71
$12.00$11.00Sep 25$0.33$0.33$0.6760%0.49$11.67
$12.00$11.00Oct 16$0.38$0.38$0.6259%0.61$11.62
$11.00$10.50Oct 2$0.14$0.14$0.3677%0.39$10.86
$11.50$11.00Oct 23$0.20$0.20$0.3067%0.67$11.30

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $0.18, cheapest $0.18)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.50Sep 11Sep 18$0.1869.2%52.9%
$12.00Sep 11Sep 18$0.2066.3%61.3%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 11Sep 18$0.1566.3%61.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 19 found (cheapest 5.13% of stock, avg 10.91%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.50Sep 11$0.23$0.40$0.63$11.87$13.135.13%
$12.00Sep 11$0.49$0.16$0.65$11.35$12.655.29%
$13.00Sep 11$0.09$0.70$0.79$12.21$13.796.43%
$12.50Sep 18$0.41$0.45$0.86$11.64$13.367.00%
$11.50Sep 11$0.86$0.04$0.90$10.60$12.407.32%
$12.00Sep 18$0.69$0.31$1.00$11.00$13.008.14%
$13.50Sep 11$0.04$0.99$1.03$12.47$14.538.38%
$13.00Sep 18$0.27$0.94$1.21$11.79$14.219.85%
$11.50Sep 18$1.08$0.19$1.27$10.23$12.7710.33%
$12.00Sep 25$0.89$0.49$1.38$10.62$13.3811.23%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 89 found (cheapest 0.57% of stock, avg 4.96%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.50$10.50Sep 11$0.04$0.03$0.07$10.43$13.57
$13.50$11.50Sep 11$0.04$0.04$0.08$11.42$13.58
$14.50$10.50Sep 18$0.06$0.04$0.10$10.40$14.60
$13.00$10.50Sep 11$0.09$0.03$0.12$10.38$13.12
$13.00$11.50Sep 11$0.09$0.04$0.13$11.37$13.13
$14.00$10.50Sep 18$0.10$0.04$0.14$10.36$14.14
$14.50$11.00Sep 18$0.06$0.10$0.16$10.84$14.66
$14.00$11.00Sep 18$0.10$0.10$0.20$10.80$14.20
$13.50$10.50Sep 18$0.15$0.04$0.19$10.31$13.69
$14.50$11.00Sep 25$0.07$0.16$0.23$10.77$14.73

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.33, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1214/14Oct 23$0.35$0.1534%2.33$11.15$14.35
10/1114/14Oct 2$0.27$0.2347%1.17$10.73$13.77
11/1214/14Oct 9$0.29$0.2136%1.38$11.21$13.79
10/1114/14Oct 23$0.35$0.6541%0.54$10.65$14.35

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 31 found (best R:R 13.29, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Oct 16$0.07$0.9332%13.29
$11.50$12.00$12.50Sep 11$0.11$0.3948%3.55
$12.00$12.50$13.00Sep 11$0.12$0.3848%3.17
$11.00$12.00$13.00Oct 16$0.18$0.8232%4.56
$12.50$13.00$13.50Sep 11$0.09$0.4133%4.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Sep 11$0.06$0.4448%7.33
$11.50$12.00$12.50Sep 11$0.12$0.3848%3.17
$11.00$11.50$12.00Sep 11$0.09$0.4130%4.56
$10.00$11.00$12.00Oct 16$0.18$0.8228%4.56
$11.00$11.50$12.00Oct 2$0.09$0.4119%4.56

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 $-0.16, 39 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$12.001:2Oct 23-$0.16$1.84
$13.00$14.001:2Oct 16$0.00$1.00
$11.50$12.001:2Sep 11-$0.12$0.38
$12.00$13.001:2Oct 16-$0.29$0.71
$11.00$11.501:2Sep 11-$0.28$0.22
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Oct 16-$0.16$0.84
$13.00$12.501:2Sep 11-$0.10$0.40
$14.00$13.501:2Sep 11-$0.38$0.12
$12.00$11.501:2Sep 18-$0.07$0.43
$11.00$10.001:2Oct 9-$0.10$0.90

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 22 found (best yield 7.89%, avg 2.30%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 23$0.970.531.7%7.89%9.60%2--
$13.00Oct 16$0.670.445.8%5.45%11.23%8612.5K
$14.00Oct 23$0.320.3313.9%2.60%16.52%1--
$14.50Oct 23$0.220.2718.0%1.79%19.77%910
$14.00Oct 16$0.240.2813.9%1.95%15.87%2493.8K
$13.00Oct 9$0.400.405.8%3.25%9.03%2386
$13.50Oct 2$0.310.309.8%2.52%12.37%2--
$12.50Oct 9$0.550.481.7%4.48%6.18%2119
$13.50Oct 9$0.260.329.8%2.12%11.96%2374
$13.00Oct 2$0.300.365.8%2.44%8.22%1--

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 10,445
Total Puts 5,872
Put/Call Ratio 0.56
Net Difference 4,573

Prior's Put/Call Breakdown

Total Calls 14,424
Total Puts 4,592
Put/Call Ratio 0.32
Net Difference 9,832

Prior 7-Day Put/Call Summary

Total Calls 110,593
Total Puts 89,277
Average Put/Call Ratio 0.77
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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