Tour v527
CLF
CLEVELAND-CLIFFS INC
$12.09 -1.63%
$12.16 (+0.58%)🌙
as of 09/09 06:18 PM
9/9 18:18

Option Volume

Detail
Current (09/09) 20,024
Calls: 12,515 (62%)
Puts: 7,509 (38%)
Prior (09/08) 16,317
Calls: 10,445 (64%)
Puts: 5,872 (36%)
Current vs Prior +22.72%
Calls: +19.82% (Calls)
Puts: +27.88% (Puts)
Prior 7-Day Total 197,420
Calls: 109,003 (55%)
Puts: 88,417 (45%)
Prior 7-Day Average 28,202
Calls: 15,571 (55%)
Puts: 12,631 (45%)
Current vs Prior 7-Day Avg -29.00%
Calls: -19.63%
Puts: -40.55%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/09) $2.58M
Calls: $1.09M (42%)
Puts: $1.50M (58%)
Prior (09/08) $727.5K
Calls: $471.7K (65%)
Puts: $255.8K (35%)
Current vs Prior +255.34%
Calls: +130.63%
Puts: +485.29%
Prior 7-Day Total $12.49M
Calls: $6.56M (53%)
Puts: $5.93M (47%)
Prior 7-Day Average $1.78M
Calls: $937.5K (53%)
Puts: $846.9K (47%)
Current vs Prior 7-Day Avg +44.87%
Calls: +16.03%
Puts: +76.79%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/09) 0.60
Prior (09/08) 0.56
Current vs Prior +6.73%
Prior 7-Day Average 0.77
Current vs Prior 7-Day Avg -22.16%
Sentiment BULLISH

Open Interest

Detail
Current (09/09) 389,739
Calls: 271,168 (70%)
Puts: 118,571 (30%)
Prior (09/08) 377,956
Calls: 271,441 (72%)
Puts: 106,515 (28%)
Current vs Prior +3.12%
Prior 7-Day Total 2,903,620
Calls: 1,957,681 (67%)
Puts: 945,939 (33%)
Prior 7-Day Average 414,802
Calls: 279,668 (67%)
Puts: 135,134 (33%)
Current vs Prior 7-Day Avg -6.04%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 6.12% | 9.26%9.26% | 15.80%
Prior 7.24% | 9.28%9.28% | 15.62%
Current vs Prior -15.48% | -0.13%-0.13% | +1.12%
Prior 7-Day Avg 6.86% | 9.09%11.24% | 16.48%
Current vs 7-Day Avg -10.79% | +1.94%-17.59% | -4.13%
Prior 7-Day Eod 7.24% | 9.28%9.28% | 15.62%
Current vs 7-Day Eod -15.48% | -0.13%-0.13% | +1.12%
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

Massive premium surge with dollar volume up 255% vs prior. Bullish P/C ratio of 0.60. Call-heavy open interest (271,168 calls vs 118,571 puts) suggests bullish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
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 1 of results (avg 5.5%, best 5.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Oct 162.302.43$2.375.5%10.85--
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 6 found (avg $0.53, cheapest $0.17)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.160.18$0.1711.8%4580.2617.0K
$12.50Sep 180.280.33$0.3116.1%2070.411.2K
$11.50Sep 110.600.73$0.6719.4%120.87376
$12.00Sep 180.490.56$0.5313.2%1560.6020.4K
$13.00Oct 160.580.66$0.6212.9%2240.4012.5K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.820.96$0.8915.7%90.451.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 29 found (avg delta 0.77, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Sep 111.341.73$1.5425.3%3790.98748
$11.00Sep 110.921.26$1.0931.2%150.96617
$10.00Sep 182.002.28$2.1413.1%250.968.6K
$10.50Sep 181.571.80$1.6913.6%3650.938
$10.00Sep 111.972.36$2.1718.0%20.904
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 111.642.08$1.8623.7%131.00--
$13.50Sep 111.301.50$1.4014.3%120.95--
$13.50Sep 181.291.60$1.4521.4%40.893
$13.00Sep 110.811.01$0.9122.0%70.872.0K
$13.00Sep 180.771.19$0.9842.9%40.7810.6K

Most actively traded options today. High liquidity = easy entry/exit. 83 active (total vol 12.7K, top 3.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 250.060.19$0.13100.0%1.5K0.161.9K
$14.00Oct 20.140.34$0.2483.3%1.0K0.22794
$12.50Sep 110.080.11$0.1030.0%6780.273.5K
$14.00Sep 180.040.09$0.0771.4%5810.117.3K
$13.00Sep 180.160.18$0.1711.8%4580.2617.0K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 180.070.13$0.1060.0%3.2K0.153.9K
$12.00Sep 180.200.44$0.3275.0%4040.428.1K
$11.50Sep 110.030.05$0.0450.0%2840.14701
$10.00Sep 180.020.04$0.0366.7%2360.056.3K
$12.00Sep 110.120.21$0.1656.2%1470.41880

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 19.0%, max 19.0%)

CALLS (0)
No calls found
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Sep 11Sep 2568.1%57.3%19.0%652.0K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 30 found (best R:R 0.82, avg 1.96)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$12.00Oct 16$0.55$0.45$0.5572%0.82$11.55
$13.00$14.00Oct 2$0.15$0.85$0.1534%5.67$13.15
$12.00$12.50Oct 23$0.17$0.33$0.1755%1.94$12.17
$13.00$14.00Oct 16$0.22$0.78$0.2240%3.55$13.22
$12.50$13.00Oct 2$0.11$0.39$0.1143%3.55$12.61
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.00$12.00Oct 16$0.44$0.56$0.4460%1.27$12.56
$11.50$11.00Oct 2$0.10$0.40$0.1034%4.00$11.40
$12.00$11.50Sep 25$0.16$0.34$0.1643%2.12$11.84
$12.50$12.00Sep 11$0.30$0.20$0.3074%0.67$12.20
$12.00$11.50Sep 18$0.15$0.35$0.1542%2.33$11.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.54, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$13.50Oct 9$0.23$0.23$0.2762%0.85$13.23
$12.50$13.00Oct 23$0.26$0.26$0.2451%1.08$12.76
$13.00$13.50Sep 25$0.14$0.14$0.3668%0.39$13.14
$12.50$13.00Sep 18$0.14$0.14$0.3659%0.39$12.64
$12.50$13.00Sep 25$0.14$0.14$0.3656%0.39$12.64
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.00Oct 23$0.35$0.35$0.6570%0.54$10.65
$11.00$10.50Oct 9$0.23$0.23$0.2774%0.85$10.77
$11.00$10.50Oct 2$0.22$0.22$0.2874%0.79$10.78
$12.00$11.00Oct 16$0.47$0.47$0.5355%0.89$11.53
$12.00$11.50Oct 2$0.26$0.26$0.2455%1.08$11.74

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.21, cheapest $0.16)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 11Sep 18$0.2561.5%54.1%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 11Sep 18$0.1661.5%54.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 3.64% of stock, avg 10.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Sep 11$0.28$0.16$0.44$11.56$12.443.64%
$12.50Sep 11$0.10$0.46$0.56$11.94$13.064.63%
$11.50Sep 11$0.67$0.04$0.71$10.79$12.215.87%
$12.00Sep 18$0.53$0.32$0.85$11.15$12.857.03%
$12.50Sep 18$0.31$0.59$0.90$11.60$13.407.44%
$13.00Sep 11$0.05$0.91$0.96$12.04$13.967.94%
$11.50Sep 18$0.82$0.17$0.99$10.51$12.498.19%
$11.00Sep 11$1.09$0.01$1.10$9.90$12.109.10%
$12.00Sep 25$0.66$0.46$1.12$10.88$13.129.26%
$13.00Sep 18$0.17$0.98$1.15$11.85$14.159.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 86 found (cheapest 0.50% of stock, avg 5.33%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.50$11.50Sep 11$0.02$0.04$0.06$11.44$13.56
$14.50$10.50Sep 18$0.03$0.05$0.08$10.42$14.58
$13.00$11.50Sep 11$0.05$0.04$0.09$11.41$13.09
$14.00$10.50Sep 18$0.07$0.05$0.12$10.38$14.12
$13.50$10.00Sep 11$0.02$0.11$0.13$9.87$13.63
$14.50$11.00Sep 18$0.03$0.10$0.13$10.87$14.63
$12.50$11.50Sep 11$0.10$0.04$0.14$11.36$12.64
$13.00$10.00Sep 11$0.05$0.11$0.16$9.84$13.16
$13.50$10.50Sep 18$0.10$0.05$0.15$10.35$13.65
$14.00$11.00Sep 18$0.07$0.10$0.17$10.83$14.17

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.50, avg credit $0.31)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1213/14Sep 25$0.30$0.2038%1.50$11.20$13.30
10/1113/14Oct 2$0.37$0.6339%0.59$10.63$13.37
11/1213/14Oct 2$0.25$0.7531%0.33$11.25$13.25

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 5.67, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Oct 16$0.15$0.8533%5.67
$11.50$12.00$12.50Sep 18$0.07$0.4335%6.14
$12.00$12.50$13.00Sep 18$0.08$0.4234%5.25
$12.00$12.50$13.00Sep 11$0.13$0.3745%2.85
$11.50$12.00$12.50Sep 11$0.21$0.2960%1.38
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Sep 11$0.18$0.3260%1.78
$11.00$11.50$12.00Sep 11$0.09$0.4138%4.56
$12.00$12.50$13.00Sep 11$0.15$0.3546%2.33
$12.50$13.00$13.50Sep 18$0.08$0.4228%5.25
$11.00$11.50$12.00Sep 18$0.08$0.4227%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. 41 found (best net $-0.31, 32 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.50$11.501:2Sep 25-$0.31$0.69
$12.00$13.001:2Oct 16-$0.22$0.78
$11.00$11.501:2Sep 11-$0.25$0.25
$11.00$12.001:2Oct 16-$0.47$0.53
$13.00$14.001:2Oct 2-$0.09$0.91
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.50$12.001:2Sep 18-$0.05$0.45
$13.00$12.501:2Sep 18-$0.20$0.30
$12.50$12.001:2Sep 25-$0.14$0.36
$13.00$12.001:2Oct 16-$0.45$0.55
$13.50$13.001:2Sep 11-$0.42$0.08

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 6.95%, avg 2.49%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 23$0.840.493.4%6.95%10.34%1453
$13.00Oct 23$0.630.427.5%5.21%12.74%30122
$13.50Oct 23$0.460.3711.7%3.80%15.47%4--
$13.00Oct 16$0.580.407.5%4.80%12.32%22412.5K
$14.00Oct 16$0.330.2815.8%2.73%18.53%2363.9K
$13.00Oct 9$0.450.387.5%3.72%11.25%997
$12.50Oct 9$0.450.463.4%3.72%7.11%3121
$14.00Oct 2$0.140.2215.8%1.16%16.96%1.0K794
$12.50Sep 25$0.370.443.4%3.06%6.45%2151.5K
$12.50Oct 2$0.350.433.4%2.89%6.29%8280

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 12,515
Total Puts 7,509
Put/Call Ratio 0.60
Net Difference 5,006

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 109,003
Total Puts 88,417
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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