Tour v527
CLF
CLEVELAND-CLIFFS INC
$11.65 -3.40%
$11.65 (+0.04%)🌙
as of 09/14 06:20 PM
9/14 18:20

Option Volume

Detail
Current (09/14) 32,530
Calls: 15,126 (46%)
Puts: 17,404 (54%)
Prior (09/11) 24,756
Calls: 10,161 (41%)
Puts: 14,595 (59%)
Current vs Prior +31.40%
Calls: +48.86% (Calls)
Puts: +19.25% (Puts)
Prior 7-Day Total 182,060
Calls: 108,181 (59%)
Puts: 73,879 (41%)
Prior 7-Day Average 26,008
Calls: 15,454 (59%)
Puts: 10,554 (41%)
Current vs Prior 7-Day Avg +25.07%
Calls: -2.13%
Puts: +64.90%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/14) $1.96M
Calls: $611.2K (31%)
Puts: $1.34M (69%)
Prior (09/11) $1.95M
Calls: $473.1K (24%)
Puts: $1.47M (76%)
Current vs Prior +0.51%
Calls: +29.20%
Puts: -8.70%
Prior 7-Day Total $13.05M
Calls: $7.31M (56%)
Puts: $5.73M (44%)
Prior 7-Day Average $1.86M
Calls: $1.04M (56%)
Puts: $818.6K (44%)
Current vs Prior 7-Day Avg +4.97%
Calls: -41.51%
Puts: +64.29%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/14) 1.15
Prior (09/11) 1.44
Current vs Prior -19.90%
Prior 7-Day Average 0.67
Current vs Prior 7-Day Avg +71.60%
Sentiment BEARISH

Open Interest

Detail
Current (09/14) 396,159
Calls: 265,120 (67%)
Puts: 131,039 (33%)
Prior (09/11) 383,015
Calls: 257,417 (67%)
Puts: 125,598 (33%)
Current vs Prior +3.43%
Prior 7-Day Total 2,882,501
Calls: 1,992,196 (69%)
Puts: 890,305 (31%)
Prior 7-Day Average 411,785
Calls: 284,599 (69%)
Puts: 127,186 (31%)
Current vs Prior 7-Day Avg -3.79%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 7.90% | 10.39%7.90% | 14.16%
Prior 8.46% | 11.53%8.46% | 14.68%
Current vs Prior -6.63% | -9.89%-6.63% | -3.50%
Prior 7-Day Avg 6.28% | 9.25%9.64% | 15.62%
Current vs 7-Day Avg +25.66% | +12.28%-18.12% | -9.35%
Prior 7-Day Eod 8.46% | 11.53%8.46% | 14.68%
Current vs 7-Day Eod -6.63% | -9.89%-6.63% | -3.50%
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

Moderately bearish flow with 69% put dollar volume ($1.34M). Slightly bearish P/C ratio of 1.15. Call-heavy open interest (265,120 calls vs 131,039 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 BEARISH
7-Day Avg BULLISH
Current NEUTRAL
Prior BEARISH
7-Day Avg NEUTRAL
Current NEUTRAL
Prior BEARISH
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 8 of results (avg 8.1%, best 4.1%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 161.151.24$1.197.6%1140.662.4K
$10.00Oct 161.852.01$1.938.3%70.821.0K
$12.00Oct 160.640.70$0.679.0%5630.476.3K
$10.00Sep 181.541.70$1.629.9%150.978.5K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.961.00$0.984.1%1.4K0.531.7K
$11.00Oct 160.480.51$0.506.0%1.4K0.342.9K
$11.50Oct 20.480.53$0.519.8%130.43138
$11.00Sep 250.190.21$0.2010.0%1180.27394

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.56, cheapest $0.18)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.170.19$0.1811.1%1.9K0.3521.0K
$13.00Oct 160.330.37$0.3511.4%2970.3012.5K
$12.00Oct 160.640.70$0.679.0%5630.476.3K
$12.00Oct 230.760.92$0.8419.0%1410.51295
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Sep 180.220.26$0.2416.7%6510.411.6K
$11.00Sep 250.190.21$0.2010.0%1180.27394
$11.50Sep 250.350.42$0.3917.9%190.42976
$12.50Sep 180.840.97$0.9114.3%240.83494
$12.00Sep 250.600.70$0.6515.4%420.58146

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 35 found (avg delta 0.72, highest 0.97)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 181.541.70$1.629.9%150.978.5K
$10.50Sep 181.051.28$1.1719.7%2680.94370
$10.00Oct 21.622.16$1.8928.6%10.90--
$9.50Sep 182.002.28$2.1413.1%40.8913
$10.50Sep 251.141.60$1.3733.6%10.8514
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 181.311.47$1.3911.5%4.2K0.9110.6K
$12.50Sep 180.840.97$0.9114.3%240.83494
$13.00Oct 21.221.68$1.4531.7%600.77108
$12.50Sep 250.861.12$0.9926.3%70.73110
$13.00Oct 161.521.82$1.6718.0%60.702.5K

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 26.2K, top 4.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 180.030.04$0.0425.0%3.0K0.0917.1K
$12.00Sep 180.170.19$0.1811.1%1.9K0.3521.0K
$11.50Sep 180.330.47$0.4035.0%1.3K0.59641
$12.50Sep 180.050.09$0.0757.1%6830.172.0K
$12.00Oct 160.640.70$0.679.0%5630.476.3K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 181.311.47$1.3911.5%4.2K0.9110.6K
$12.00Oct 20.550.85$0.7042.9%3.0K0.56416
$11.00Oct 20.150.36$0.2680.8%3.0K0.291.9K
$11.00Oct 160.480.51$0.506.0%1.4K0.342.9K
$12.00Oct 160.961.00$0.984.1%1.4K0.531.7K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 9.0%, max 22.9%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Sep 18Oct 2365.1%59.0%10.4%1.4K646
$12.50Sep 18Oct 2367.5%61.9%9.1%6862.0K
$12.00Sep 18Oct 2366.2%61.4%7.8%2.0K21.3K
$11.00Sep 18Oct 2365.8%64.6%1.8%1906.4K
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Sep 18Oct 267.5%54.9%22.9%36635
$11.50Sep 18Oct 2365.1%59.0%10.4%6551.6K
$12.00Sep 18Oct 2366.2%61.4%7.8%2968.6K
$11.00Sep 18Oct 2365.8%64.6%1.8%4715.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 34 found (best R:R 0.56, avg 1.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$10.00$10.50Oct 23$0.32$0.18$0.3285%0.56$10.32
$11.00$11.50Oct 23$0.23$0.27$0.2367%1.17$11.23
$11.50$12.00Sep 25$0.17$0.33$0.1758%1.94$11.67
$12.00$12.50Oct 9$0.15$0.35$0.1548%2.33$12.15
$11.00$12.00Oct 16$0.52$0.48$0.5266%0.92$11.52
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 2$0.19$0.31$0.1956%1.63$11.81
$11.50$11.00Oct 9$0.13$0.37$0.1341%2.85$11.37
$11.50$11.00Oct 23$0.15$0.35$0.1542%2.33$11.35
$12.50$12.00Oct 2$0.32$0.18$0.3270%0.56$12.18
$12.00$11.50Sep 18$0.28$0.22$0.2865%0.79$11.72

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.75, avg 0.50)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.50$13.00Oct 23$0.22$0.22$0.2857%0.79$12.72
$12.00$12.50Oct 2$0.21$0.21$0.2956%0.72$12.21
$12.00$12.50Sep 25$0.19$0.19$0.3158%0.61$12.19
$12.00$12.50Sep 18$0.11$0.11$0.3965%0.28$12.11
$12.50$13.00Sep 25$0.10$0.10$0.4072%0.25$12.60
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.00Oct 23$0.43$0.43$0.5766%0.75$10.57
$11.50$11.00Oct 2$0.25$0.25$0.2557%1.00$11.25
$11.00$10.00Oct 16$0.29$0.29$0.7166%0.41$10.71
$11.00$10.50Oct 9$0.18$0.18$0.3269%0.56$10.82
$10.50$10.00Oct 9$0.11$0.11$0.3980%0.28$10.39

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.16, cheapest $0.15)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Sep 18Sep 25$0.1665.1%57.8%
$12.00Sep 18Sep 25$0.2166.2%65.9%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$11.50Sep 18Sep 25$0.1565.1%57.8%
$12.00Sep 18Sep 25$0.1366.2%65.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 24 found (cheapest 5.49% of stock, avg 11.43%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Sep 18$0.40$0.24$0.64$10.86$12.145.49%
$12.00Sep 18$0.18$0.52$0.70$11.30$12.706.01%
$11.00Sep 18$0.77$0.09$0.86$10.14$11.867.38%
$11.50Sep 25$0.56$0.39$0.95$10.55$12.458.15%
$12.50Sep 18$0.07$0.91$0.98$11.52$13.488.41%
$12.00Sep 25$0.39$0.65$1.04$10.96$13.048.93%
$11.00Sep 25$0.95$0.20$1.15$9.85$12.159.87%
$12.00Oct 2$0.47$0.70$1.17$10.83$13.1710.04%
$10.50Sep 18$1.17$0.02$1.19$9.31$11.6910.21%
$12.50Sep 25$0.20$0.99$1.19$11.31$13.6910.21%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 67 found (cheapest 0.52% of stock, avg 4.69%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.00$10.50Sep 18$0.04$0.02$0.06$10.44$13.06
$12.50$10.50Sep 18$0.07$0.02$0.09$10.41$12.59
$13.50$10.00Sep 25$0.08$0.04$0.12$9.88$13.62
$13.00$11.00Sep 18$0.04$0.09$0.13$10.87$13.13
$13.00$10.00Sep 25$0.10$0.04$0.14$9.86$13.14
$12.50$11.00Sep 18$0.07$0.09$0.16$10.84$12.66
$13.50$10.50Sep 25$0.08$0.10$0.18$10.32$13.68
$13.50$10.00Oct 2$0.11$0.08$0.19$9.81$13.69
$13.00$10.50Sep 25$0.10$0.10$0.20$10.30$13.20
$13.50$10.50Oct 2$0.11$0.14$0.25$10.25$13.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 1 found (best R:R 0.67, avg credit $0.20)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1112/13Sep 25$0.20$0.3046%0.67$10.80$12.70

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 36 found (best R:R 4.26, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Sep 18$0.11$0.3942%3.55
$11.00$12.00$13.00Oct 16$0.20$0.8036%4.00
$11.00$11.50$12.00Sep 18$0.15$0.3546%2.33
$12.00$12.50$13.00Sep 18$0.08$0.4226%5.25
$10.00$11.00$12.00Oct 16$0.22$0.7835%3.55
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$11.00$12.00Oct 16$0.19$0.8136%4.26
$10.50$11.00$11.50Sep 18$0.08$0.4235%5.25
$11.50$12.00$12.50Sep 18$0.11$0.3942%3.55
$11.00$11.50$12.00Sep 25$0.07$0.4331%6.14
$11.00$11.50$12.00Sep 18$0.13$0.3746%2.85

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.15, 28 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Oct 16-$0.15$0.85
$10.00$11.001:2Oct 16-$0.45$0.55
$11.00$11.501:2Sep 25-$0.17$0.33
$12.00$12.501:2Oct 2-$0.05$0.45
$10.50$11.001:2Sep 18-$0.37$0.13
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.001:2Oct 16-$0.29$0.71
$12.50$12.001:2Sep 18-$0.13$0.37
$13.00$12.001:2Oct 23-$0.37$0.63
$12.00$11.501:2Sep 25-$0.13$0.37
$12.00$11.501:2Oct 9-$0.16$0.34

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 6.52%, avg 2.79%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.00Oct 23$0.760.513.0%6.52%9.53%141295
$12.50Oct 23$0.550.437.3%4.72%12.02%367
$12.00Oct 16$0.640.473.0%5.49%8.50%5636.3K
$13.00Oct 16$0.330.3011.6%2.83%14.42%29712.5K
$13.00Oct 23$0.270.3411.6%2.32%13.91%10315
$12.50Oct 9$0.340.387.3%2.92%10.21%2511.1K
$12.00Oct 2$0.400.443.0%3.43%6.44%21253
$12.00Oct 9$0.330.483.0%2.83%5.84%1198
$12.00Sep 25$0.320.423.0%2.75%5.75%77305
$13.00Oct 2$0.110.2311.6%0.94%12.53%12185

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 15,126
Total Puts 17,404
Put/Call Ratio 1.15
Net Difference -2,278

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 108,181
Total Puts 73,879
Average Put/Call Ratio 0.67
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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