Tour v527
CLF
CLEVELAND-CLIFFS INC
$12.06 +1.94%
$12.05 (-0.08%)🌙
as of 09/11 06:17 PM
(9/10 18:18) ◀
|
Friday, September 11, 2026 (6:17pm)
January 2026
|
▶
◀ 9/11 18:17

Option Volume

Detail
ℹ
Current (09/11) 24,756
Calls: 10,161 (41%)
Puts: 14,595 (59%)
Prior (09/10) 22,801
Calls: 17,185 (75%)
Puts: 5,616 (25%)
Current vs Prior +8.57%
Calls: -40.87% (Calls)
Puts: +159.88% (Puts)
Prior 7-Day Total 172,392
Calls: 110,747 (64%)
Puts: 61,645 (36%)
Prior 7-Day Average 24,627
Calls: 15,821 (64%)
Puts: 8,806 (36%)
Current vs Prior 7-Day Avg +0.52%
Calls: -35.78%
Puts: +65.73%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (09/11) $1.95M
Calls: $473.1K (24%)
Puts: $1.47M (76%)
Prior (09/10) $1.50M
Calls: $1.18M (78%)
Puts: $328.3K (22%)
Current vs Prior +29.43%
Calls: -59.76%
Puts: +348.79%
Prior 7-Day Total $11.96M
Calls: $7.55M (63%)
Puts: $4.41M (37%)
Prior 7-Day Average $1.71M
Calls: $1.08M (63%)
Puts: $629.9K (37%)
Current vs Prior 7-Day Avg +13.95%
Calls: -56.12%
Puts: +133.89%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (09/11) 1.44
Prior (09/10) 0.33
Current vs Prior +339.53%
Prior 7-Day Average 0.49
Current vs Prior 7-Day Avg +192.06%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (09/11) 383,015
Calls: 257,417 (67%)
Puts: 125,598 (33%)
Prior (09/10) 394,351
Calls: 294,421 (75%)
Puts: 99,930 (25%)
Current vs Prior -2.87%
Prior 7-Day Total 2,860,897
Calls: 1,976,875 (69%)
Puts: 884,022 (31%)
Prior 7-Day Average 408,699
Calls: 282,410 (69%)
Puts: 126,288 (31%)
Current vs Prior 7-Day Avg -6.28%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 4.39% | 8.46%8.46% | 14.68%
Prior 5.33% | 9.04%9.04% | 14.96%
Current vs Prior +58.82% | +27.43%-6.49% | -1.91%
Prior 7-Day Avg 6.15% | 9.01%10.29% | 15.93%
Current vs 7-Day Avg +37.45% | +27.85%-17.83% | -7.86%
Prior 7-Day Eod 5.33% | 9.04%9.04% | 14.96%
Current vs 7-Day Eod +58.82% | +27.43%-6.49% | -1.91%
Sentiment BEARISHBULLISH

Relative Spread

Detail
ℹ
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
+
Add Card

🤖 AI Insights

Strong bearish conviction with 76% of dollar volume in puts ($1.47M) vs calls ($473.1K). Bearish P/C ratio of 1.44 indicates protective positioning. P/C ratio rising 340% - increased hedging/bearish positioning. Call-heavy open interest (257,417 calls vs 125,598 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 BULLISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
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 4 of results (avg 7.3%, best 5.6%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Oct 162.222.40$2.317.8%10.861.0K
$11.00Sep 181.051.15$1.109.1%1410.896.3K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 161.391.47$1.435.6%2.0K0.63698
$11.00Sep 250.140.15$0.156.7%1590.19271

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.48, cheapest $0.19)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Sep 180.180.20$0.1910.5%9150.331.4K
$13.50Sep 250.100.12$0.1118.2%2280.172.5K
$12.00Sep 180.360.41$0.3912.8%8660.5320.6K
$14.00Oct 160.260.30$0.2814.3%860.233.9K
$13.00Oct 160.480.55$0.5213.5%2260.3712.5K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 250.140.15$0.156.7%1590.19271
$12.00Oct 20.570.65$0.6113.1%640.47359
$12.50Sep 250.750.85$0.8012.5%70.59--
$12.00Oct 160.790.90$0.8512.9%4.0K0.461.5K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 38 found (avg delta 0.78, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 111.892.61$2.2532.0%51.004
$10.50Sep 111.291.65$1.4724.5%61.00--
$11.00Sep 110.961.12$1.0415.4%111.00804
$10.00Sep 181.822.19$2.0118.4%221.00--
$10.50Sep 181.341.80$1.5729.3%40.96--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 110.861.16$1.0129.7%2.0K0.972.0K
$14.00Sep 181.802.05$1.9213.0%40.95--
$13.50Sep 111.241.62$1.4326.6%20.93--
$12.50Sep 110.400.53$0.4727.7%3610.931.8K
$13.50Sep 181.351.65$1.5020.0%50.913

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 21.4K, top 4.0K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 110.030.09$0.06100.0%1.4K0.651.7K
$12.50Oct 90.470.60$0.5324.5%1.0K0.42136
$12.50Sep 180.180.20$0.1910.5%9150.331.4K
$12.00Sep 180.360.41$0.3912.8%8660.5320.6K
$12.50Sep 110.000.02$0.01200.0%8370.073.8K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.790.90$0.8512.9%4.0K0.461.5K
$13.00Oct 161.391.47$1.435.6%2.0K0.63698
$13.00Sep 110.861.16$1.0129.7%2.0K0.972.0K
$10.00Oct 160.150.20$0.1827.8%1.1K0.142.2K
$11.00Oct 160.360.45$0.4122.0%1.0K0.281.9K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 2 strikes (avg 140.4%, max 140.4%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Sep 11Oct 23156.4%65.0%140.4%1.4K2.0K
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.00Sep 11Oct 23156.4%65.0%140.4%3021.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 37 found (best R:R 0.52, avg 1.64)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.50$11.00Oct 2$0.33$0.17$0.3386%0.52$10.83
$11.00$11.50Sep 25$0.33$0.17$0.3381%0.52$11.33
$11.00$12.00Oct 23$0.58$0.42$0.5870%0.72$11.58
$11.50$12.00Sep 25$0.27$0.23$0.2769%0.85$11.77
$12.00$13.00Oct 16$0.40$0.60$0.4054%1.50$12.40
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$12.00Oct 2$0.23$0.27$0.2359%1.17$12.27
$13.00$12.50Sep 25$0.32$0.18$0.3272%0.56$12.68
$12.50$12.00Sep 18$0.28$0.22$0.2867%0.79$12.22
$11.50$11.00Oct 9$0.14$0.36$0.1437%2.57$11.36
$11.50$11.00Oct 2$0.13$0.37$0.1334%2.85$11.37

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 1.63, avg 0.58)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$13.00Oct 23$0.29$0.29$0.2153%1.38$12.79
$12.50$13.00Oct 9$0.20$0.20$0.3058%0.67$12.70
$13.00$13.50Sep 25$0.11$0.11$0.3972%0.28$13.11
$13.00$13.50Oct 2$0.11$0.11$0.3972%0.28$13.11
$12.50$13.00Sep 25$0.17$0.17$0.3359%0.52$12.67
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.50Oct 23$0.31$0.31$0.1955%1.63$11.69
$12.00$11.00Oct 16$0.44$0.44$0.5654%0.79$11.56
$11.00$10.00Oct 9$0.22$0.22$0.7873%0.28$10.78
$11.00$10.00Oct 16$0.23$0.23$0.7772%0.30$10.77
$12.00$11.50Oct 2$0.25$0.25$0.2553%1.00$11.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.32, cheapest $0.30)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 11Sep 18$0.33156.4%54.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 11Sep 18$0.30156.4%54.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 23 found (cheapest 0.91% of stock, avg 10.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Sep 11$0.06$0.05$0.11$11.89$12.110.91%
$12.50Sep 11$0.01$0.47$0.48$12.02$12.983.98%
$11.50Sep 11$0.47$0.03$0.50$11.00$12.004.15%
$12.00Sep 18$0.39$0.35$0.74$11.26$12.746.14%
$12.50Sep 18$0.19$0.63$0.82$11.68$13.326.80%
$11.50Sep 18$0.69$0.15$0.84$10.66$12.346.97%
$13.00Sep 11$0.01$1.01$1.02$11.98$14.028.46%
$11.00Sep 11$1.04$0.01$1.05$9.95$12.058.71%
$12.00Sep 25$0.59$0.50$1.09$10.91$13.099.04%
$13.00Sep 18$0.09$1.03$1.12$11.88$14.129.29%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 69 found (cheapest 0.33% of stock, avg 5.03%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.50$11.50Sep 11$0.01$0.03$0.04$11.46$12.54
$13.50$11.50Sep 11$0.03$0.03$0.06$11.44$13.56
$12.50$12.00Sep 11$0.01$0.05$0.06$11.94$12.56
$13.50$11.00Sep 18$0.04$0.06$0.10$10.90$13.60
$13.50$12.00Sep 11$0.03$0.05$0.08$11.92$13.58
$14.00$10.50Sep 25$0.07$0.08$0.15$10.35$14.15
$13.00$11.00Sep 18$0.09$0.06$0.15$10.85$13.15
$13.50$10.50Sep 25$0.11$0.08$0.19$10.31$13.69
$13.50$11.50Sep 18$0.04$0.15$0.19$11.31$13.69
$14.00$11.00Sep 25$0.07$0.15$0.22$10.78$14.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 0.72, avg credit $0.23)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1113/14Oct 2$0.21$0.2949%0.72$10.79$13.21
11/1213/14Sep 25$0.24$0.2642%0.92$11.26$13.24
11/1213/14Oct 2$0.24$0.2638%0.92$11.26$13.24

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 36 found (best R:R 6.14, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$11.00$12.00Oct 16$0.15$0.8532%5.67
$11.50$12.00$12.50Sep 18$0.10$0.4042%4.00
$12.00$13.00$14.00Oct 16$0.16$0.8431%5.25
$11.00$11.50$12.00Sep 25$0.06$0.4427%7.33
$12.50$13.00$13.50Sep 18$0.05$0.4524%9.00
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Oct 16$0.14$0.8635%6.14
$12.00$12.50$13.00Sep 11$0.12$0.3854%3.17
$11.50$12.00$12.50Sep 18$0.08$0.4242%5.25
$12.00$13.00$14.00Oct 16$0.16$0.8430%5.25
$11.50$12.00$12.50Sep 25$0.08$0.4228%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. 34 found (best net $-0.30, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Oct 16-$0.30$0.70
$12.00$13.001:2Oct 16-$0.12$0.88
$11.50$12.001:2Sep 18-$0.09$0.41
$11.00$11.501:2Sep 18-$0.28$0.22
$11.00$12.001:2Oct 23-$0.54$0.46
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Oct 16-$0.27$0.73
$12.50$12.001:2Sep 18-$0.07$0.43
$13.00$12.501:2Sep 18-$0.23$0.27
$12.00$11.501:2Sep 25-$0.06$0.44
$12.00$11.501:2Oct 2-$0.11$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 6.30%, avg 2.24%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 23$0.760.473.6%6.30%9.95%467
$13.00Oct 16$0.480.377.8%3.98%11.77%22612.5K
$13.50Oct 23$0.310.3411.9%2.57%14.51%2210
$14.00Oct 16$0.260.2316.1%2.16%18.24%863.9K
$13.00Oct 23$0.350.387.8%2.90%10.70%36306
$12.50Oct 9$0.470.423.6%3.90%7.55%1.0K136
$14.00Oct 9$0.160.2416.1%1.33%17.41%72144
$13.50Oct 9$0.210.2611.9%1.74%13.68%140339
$12.50Sep 25$0.300.413.6%2.49%6.14%241.6K
$13.00Oct 9$0.180.317.8%1.49%9.29%16118

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 10,161
Total Puts 14,595
Put/Call Ratio 1.44
Net Difference -4,434

Prior's Put/Call Breakdown

Total Calls 17,185
Total Puts 5,616
Put/Call Ratio 0.33
Net Difference 11,569

Prior 7-Day Put/Call Summary

Total Calls 110,747
Total Puts 61,645
Average Put/Call Ratio 0.49
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All