Tour v527
CLF
CLEVELAND-CLIFFS INC
$11.83 -2.15%
$11.81 (-0.17%)🌙
as of 09/10 06:18 PM
9/10 18:18

Option Volume

Detail
Current (09/10) 22,801
Calls: 17,185 (75%)
Puts: 5,616 (25%)
Prior (09/09) 20,024
Calls: 12,515 (62%)
Puts: 7,509 (38%)
Current vs Prior +13.87%
Calls: +37.32% (Calls)
Puts: -25.21% (Puts)
Prior 7-Day Total 180,025
Calls: 105,590 (59%)
Puts: 74,435 (41%)
Prior 7-Day Average 25,717
Calls: 15,084 (59%)
Puts: 10,633 (41%)
Current vs Prior 7-Day Avg -11.34%
Calls: +13.93%
Puts: -47.19%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/10) $1.50M
Calls: $1.18M (78%)
Puts: $328.3K (22%)
Prior (09/09) $2.58M
Calls: $1.09M (42%)
Puts: $1.50M (58%)
Current vs Prior -41.83%
Calls: +8.06%
Puts: -78.08%
Prior 7-Day Total $12.49M
Calls: $6.91M (55%)
Puts: $5.57M (45%)
Prior 7-Day Average $1.78M
Calls: $987.5K (55%)
Puts: $796.1K (45%)
Current vs Prior 7-Day Avg -15.69%
Calls: +19.03%
Puts: -58.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/10) 0.33
Prior (09/09) 0.60
Current vs Prior -45.53%
Prior 7-Day Average 0.66
Current vs Prior 7-Day Avg -50.76%
Sentiment BULLISH

Open Interest

Detail
Current (09/10) 394,351
Calls: 294,421 (75%)
Puts: 99,930 (25%)
Prior (09/09) 389,739
Calls: 271,168 (70%)
Puts: 118,571 (30%)
Current vs Prior +1.18%
Prior 7-Day Total 2,873,415
Calls: 1,943,322 (68%)
Puts: 930,093 (32%)
Prior 7-Day Average 410,487
Calls: 277,617 (68%)
Puts: 132,870 (32%)
Current vs Prior 7-Day Avg -3.93%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 5.33% | 9.04%9.04% | 14.96%
Prior 6.12% | 9.26%9.26% | 15.80%
Current vs Prior -12.99% | -2.36%-2.37% | -5.29%
Prior 7-Day Avg 6.56% | 9.03%10.84% | 16.17%
Current vs 7-Day Avg -18.76% | +0.12%-16.59% | -7.45%
Prior 7-Day Eod 6.12% | 9.26%9.26% | 15.80%
Current vs 7-Day Eod -12.99% | -2.36%-2.37% | -5.29%
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 78% of dollar volume in calls ($1.18M) vs puts ($328.3K). Extreme bullish P/C ratio of 0.33 - heavy call buying (17,185 calls vs 5,616 puts). P/C ratio dropping 46% - sentiment shifting bullish. Call-heavy open interest (294,421 calls vs 99,930 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 BEARISH
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 -- 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. 11 found (avg $0.39, cheapest $0.09)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.080.09$0.0911.1%3530.1517.1K
$13.00Sep 250.150.18$0.1618.8%340.221.2K
$11.50Sep 180.510.61$0.5617.9%910.64481
$14.00Oct 90.150.18$0.1618.8%20.17144
$14.00Oct 160.230.26$0.2512.0%3730.213.9K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Sep 180.240.28$0.2615.4%1330.371.3K
$12.00Sep 180.470.54$0.5113.7%8680.568.3K
$10.00Oct 160.200.23$0.2213.6%870.172.1K
$11.00Oct 160.470.52$0.5010.0%1350.321.9K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.75, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 181.632.05$1.8422.8%4261.008.6K
$11.00Sep 110.711.07$0.8940.4%8630.97624
$10.00Oct 21.692.18$1.9425.3%160.936
$10.50Sep 111.191.53$1.3625.0%60.86543
$10.50Sep 251.341.66$1.5021.3%10.8514
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 111.952.49$2.2224.3%40.98--
$14.00Sep 182.012.31$2.1613.9%300.94--
$13.00Sep 110.961.47$1.2142.1%870.922.0K
$12.50Sep 110.580.79$0.6930.4%3950.901.9K
$13.50Sep 111.581.82$1.7014.1%60.8827

Most actively traded options today. High liquidity = easy entry/exit. 91 active (total vol 13.9K, top 1.8K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 160.420.55$0.4926.5%1.8K0.3412.6K
$12.00Sep 180.270.34$0.3122.6%1.3K0.4320.4K
$12.00Sep 110.050.09$0.0757.1%1.3K0.301.4K
$12.50Sep 110.020.03$0.0333.3%9380.103.6K
$11.00Sep 110.711.07$0.8940.4%8630.97624
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.470.54$0.5113.7%8680.568.3K
$11.50Sep 110.020.11$0.07128.6%7260.24793
$12.50Sep 110.580.79$0.6930.4%3950.901.9K
$12.00Sep 110.220.34$0.2842.9%2440.701.0K
$11.00Sep 180.100.14$0.1233.3%1540.205.5K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 3 strikes (avg 22.6%, max 41.9%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Sep 11Oct 274.0%52.1%41.9%329462
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Sep 11Oct 2374.0%61.5%20.4%736803
$12.00Sep 11Oct 1664.0%60.6%5.6%2882.5K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 35 found (best R:R 1.33, avg 1.82)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$12.00Oct 23$0.43$0.57$0.4368%1.33$11.43
$11.00$12.00Oct 9$0.50$0.50$0.5072%1.00$11.50
$11.00$11.50Oct 2$0.21$0.29$0.2169%1.38$11.21
$11.50$12.00Sep 25$0.16$0.34$0.1664%2.12$11.66
$12.00$13.00Oct 16$0.29$0.71$0.2949%2.45$12.29
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$13.00$12.50Sep 18$0.29$0.21$0.2984%0.72$12.71
$12.00$11.50Oct 9$0.17$0.33$0.1750%1.94$11.83
$13.00$12.00Oct 16$0.55$0.45$0.5565%0.82$12.45
$12.00$11.50Sep 11$0.21$0.29$0.2170%1.38$11.79
$12.00$11.50Oct 2$0.23$0.27$0.2354%1.17$11.77

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 20 found (best R:R 0.92, avg 0.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$13.50Oct 9$0.24$0.24$0.2666%0.92$13.24
$12.00$12.50Sep 25$0.25$0.25$0.2552%1.00$12.25
$12.00$12.50Oct 23$0.27$0.27$0.2347%1.17$12.27
$12.50$13.00Oct 2$0.16$0.16$0.3464%0.47$12.66
$13.00$14.00Oct 23$0.31$0.31$0.6961%0.45$13.31
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.50Oct 2$0.24$0.24$0.2669%0.92$10.76
$11.00$10.50Oct 9$0.23$0.23$0.2771%0.85$10.77
$10.00$9.50Oct 23$0.16$0.16$0.3482%0.47$9.84
$11.00$10.00Oct 23$0.32$0.32$0.6868%0.47$10.68
$11.00$10.00Oct 16$0.28$0.28$0.7268%0.39$10.72

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 2.96% of stock, avg 10.56%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Sep 11$0.07$0.28$0.35$11.65$12.352.96%
$11.50Sep 11$0.35$0.07$0.42$11.08$11.923.55%
$12.50Sep 11$0.03$0.69$0.72$11.78$13.226.09%
$11.50Sep 18$0.56$0.26$0.82$10.68$12.326.93%
$12.00Sep 18$0.31$0.51$0.82$11.18$12.826.93%
$11.00Sep 11$0.89$0.02$0.91$10.09$11.917.69%
$11.50Sep 25$0.63$0.32$0.95$10.55$12.458.03%
$12.50Sep 18$0.16$0.86$1.02$11.48$13.528.62%
$12.00Sep 25$0.47$0.61$1.08$10.92$13.089.13%
$11.00Sep 18$0.97$0.12$1.09$9.91$12.099.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 105 found (cheapest 0.42% of stock, avg 4.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$11.00Sep 11$0.03$0.02$0.05$10.95$13.05
$12.50$11.00Sep 11$0.03$0.02$0.05$10.95$12.55
$14.00$10.50Sep 18$0.03$0.06$0.09$10.41$14.09
$13.50$11.00Sep 11$0.08$0.02$0.10$10.90$13.60
$12.00$11.00Sep 11$0.07$0.02$0.09$10.91$12.09
$12.50$11.50Sep 11$0.03$0.07$0.10$11.40$12.60
$13.50$10.50Sep 18$0.06$0.06$0.12$10.38$13.62
$13.00$11.50Sep 11$0.03$0.07$0.10$11.40$13.10
$14.00$10.00Sep 25$0.07$0.05$0.12$9.88$14.12
$12.50$10.50Sep 11$0.03$0.11$0.14$10.36$12.64

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.08, avg credit $0.35)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1113/14Oct 16$0.52$0.4834%1.08$10.48$13.52
10/1113/14Oct 2$0.34$0.6644%0.52$10.66$13.34
10/1013/14Oct 2$0.20$0.8056%0.25$10.30$13.20

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Oct 16$0.05$0.9529%19.00
$11.50$12.00$12.50Sep 11$0.24$0.2668%1.08
$11.50$12.00$12.50Sep 18$0.10$0.4037%4.00
$12.00$12.50$13.00Sep 18$0.08$0.4228%5.25
$11.00$11.50$12.00Sep 11$0.26$0.2468%0.92
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Oct 16$0.06$0.9433%15.67
$11.00$11.50$12.00Sep 11$0.16$0.3463%2.12
$11.50$12.00$12.50Sep 11$0.20$0.3065%1.50
$11.50$12.00$12.50Sep 18$0.10$0.4036%4.00
$11.00$11.50$12.00Sep 18$0.11$0.3936%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. 46 found (best net $-0.10, 36 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$11.001:2Sep 18-$0.10$0.90
$10.00$11.001:2Oct 2-$0.24$0.76
$11.00$12.001:2Oct 9-$0.18$0.82
$11.00$12.001:2Oct 16-$0.23$0.77
$10.00$11.001:2Oct 16-$0.54$0.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.00$13.001:2Sep 18-$0.14$0.86
$13.00$12.501:2Sep 11-$0.17$0.33
$12.50$12.001:2Sep 18-$0.16$0.34
$13.00$12.001:2Oct 16-$0.44$0.56
$14.00$13.001:2Oct 16-$0.64$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 5.92%, avg 2.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 23$0.700.455.7%5.92%11.58%1059
$12.00Oct 23$0.870.531.4%7.35%8.79%100201
$13.00Oct 23$0.480.399.9%4.06%13.95%8300
$13.00Oct 16$0.420.349.9%3.55%13.44%1.8K12.6K
$14.00Oct 23$0.250.2618.3%2.11%20.46%235130
$12.00Oct 16$0.720.491.4%6.09%7.52%1006.3K
$12.50Oct 9$0.420.415.7%3.55%9.21%158124
$13.00Oct 9$0.290.349.9%2.45%12.34%16104
$14.00Oct 16$0.230.2118.3%1.94%20.29%3733.9K
$12.00Oct 9$0.590.511.4%4.99%6.42%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 17,185
Total Puts 5,616
Put/Call Ratio 0.33
Net Difference 11,569

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 105,590
Total Puts 74,435
Average Put/Call Ratio 0.66
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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