Tour v528
CLF
CLEVELAND-CLIFFS INC
$11.79 +1.20%
$11.76 (-0.25%)🌙
as of 09/15 06:21 PM
9/15 18:21

Option Volume

Detail
Current (09/15) 11,797
Calls: 6,838 (58%)
Puts: 4,959 (42%)
Prior (09/14) 32,530
Calls: 15,126 (46%)
Puts: 17,404 (54%)
Current vs Prior -63.74%
Calls: -54.79% (Calls)
Puts: -71.51% (Puts)
Prior 7-Day Total 156,922
Calls: 95,299 (61%)
Puts: 61,623 (39%)
Prior 7-Day Average 22,417
Calls: 13,614 (61%)
Puts: 8,803 (39%)
Current vs Prior 7-Day Avg -47.38%
Calls: -49.77%
Puts: -43.67%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/15) $1.20M
Calls: $604.9K (51%)
Puts: $590.5K (49%)
Prior (09/14) $1.96M
Calls: $611.2K (31%)
Puts: $1.34M (69%)
Current vs Prior -38.89%
Calls: -1.03%
Puts: -56.09%
Prior 7-Day Total $11.35M
Calls: $5.86M (52%)
Puts: $5.49M (48%)
Prior 7-Day Average $1.62M
Calls: $836.6K (52%)
Puts: $784.9K (48%)
Current vs Prior 7-Day Avg -26.28%
Calls: -27.70%
Puts: -24.77%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/15) 0.73
Prior (09/14) 1.15
Current vs Prior -36.97%
Prior 7-Day Average 0.68
Current vs Prior 7-Day Avg +6.09%
Sentiment NEUTRAL

Open Interest

Detail
Current (09/15) 363,989
Calls: 269,787 (74%)
Puts: 94,202 (26%)
Prior (09/14) 396,159
Calls: 265,120 (67%)
Puts: 131,039 (33%)
Current vs Prior -8.12%
Prior 7-Day Total 2,777,137
Calls: 1,919,047 (69%)
Puts: 858,090 (31%)
Prior 7-Day Average 396,733
Calls: 274,149 (69%)
Puts: 122,584 (31%)
Current vs Prior 7-Day Avg -8.25%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 7.38% | 9.75%7.38% | 13.83%
Prior 7.90% | 10.39%7.90% | 14.16%
Current vs Prior -6.56% | -6.09%-6.56% | -2.39%
Prior 7-Day Avg 6.54% | 9.50%9.12% | 15.32%
Current vs 7-Day Avg +12.86% | +2.64%-19.06% | -9.78%
Prior 7-Day Eod 7.90% | 10.39%7.90% | 14.16%
Current vs 7-Day Eod -6.56% | -6.09%-6.56% | -2.39%
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

Below-average activity with volume down 64% vs prior. P/C ratio dropping 37% - sentiment shifting bullish. Call-heavy open interest (269,787 calls vs 94,202 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 NEUTRAL
7-Day Avg NEUTRAL
Current NEUTRAL
Prior NEUTRAL
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 2 of results (avg 7.4%, best 4.8%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Oct 232.422.54$2.484.8%20.77--
$13.00Oct 301.731.91$1.829.9%20.62--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.52, cheapest $0.10)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 250.090.10$0.1010.0%3130.171.4K
$12.50Sep 250.180.20$0.1910.5%3020.291.7K
$11.50Sep 180.410.48$0.4415.9%1360.661.6K
$12.00Sep 250.320.38$0.3517.1%2190.46335
$14.00Oct 90.110.13$0.1216.7%10.14--
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Sep 250.840.93$0.8910.1%30.72117
$11.00Oct 160.400.48$0.4418.2%690.324.1K
$12.00Oct 90.760.85$0.8111.1%80.51--
$12.00Oct 160.860.98$0.9213.0%290.512.0K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 41 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 181.661.85$1.7610.8%591.008.5K
$10.50Sep 181.141.48$1.3126.0%50.96310
$9.50Sep 181.992.89$2.4436.9%30.9414
$9.50Sep 252.052.43$2.2417.0%20.90--
$10.50Sep 251.141.80$1.4744.9%50.8815
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 252.142.42$2.2812.3%10.97--
$13.50Sep 181.671.94$1.8114.9%10.96--
$13.00Sep 181.161.44$1.3021.5%5530.947.6K
$13.50Oct 21.712.00$1.8615.6%20.89--
$12.50Sep 180.381.00$0.6989.9%170.83500

Most actively traded options today. High liquidity = easy entry/exit. 88 active (total vol 8.7K, top 1.3K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 180.180.22$0.2020.0%1.3K0.3921.4K
$13.00Sep 180.010.03$0.02100.0%6010.0616.7K
$10.00Oct 161.772.13$1.9518.5%5940.841.0K
$13.00Sep 250.090.10$0.1010.0%3130.171.4K
$12.50Sep 250.180.20$0.1910.5%3020.291.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 20.510.79$0.6543.1%1.0K0.513.2K
$11.00Oct 20.220.32$0.2737.0%1.0K0.264.9K
$13.00Sep 181.161.44$1.3021.5%5530.947.6K
$10.50Sep 180.010.02$0.0250.0%1230.04393
$11.50Sep 180.140.19$0.1729.4%1060.342.0K

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 12.2%, max 22.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Sep 18Oct 2367.2%59.4%13.1%1432.3K
$12.00Sep 18Oct 2371.3%65.5%8.9%1.5K21.7K
$11.50Sep 18Oct 267.0%62.9%6.6%1451.7K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$11.50Sep 18Oct 967.0%54.6%22.8%1192.1K
$12.00Sep 18Oct 1671.3%60.1%18.6%12510.6K
$12.50Sep 18Oct 3067.2%65.0%3.4%19500

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 38 found (best R:R 1.27, avg 1.85)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$12.00Oct 23$0.44$0.56$0.4468%1.27$11.44
$10.00$10.50Oct 23$0.26$0.24$0.2682%0.92$10.26
$10.00$11.00Oct 16$0.65$0.35$0.6584%0.54$10.65
$10.50$11.00Oct 2$0.28$0.22$0.2887%0.79$10.78
$10.50$12.50Oct 9$1.14$0.86$1.1481%0.75$11.64
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$12.00Sep 18$0.26$0.24$0.2683%0.92$12.24
$12.00$11.50Sep 25$0.15$0.35$0.1555%2.33$11.85
$12.00$11.50Oct 2$0.19$0.31$0.1951%1.63$11.81
$11.00$10.50Oct 9$0.11$0.39$0.1128%3.55$10.89
$12.50$12.00Oct 9$0.30$0.20$0.3063%0.67$12.20

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 19 found (best R:R 0.47, avg 0.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Oct 9$0.16$0.16$0.3475%0.47$13.66
$12.00$12.50Oct 23$0.29$0.29$0.2148%1.38$12.29
$12.00$12.50Oct 2$0.25$0.25$0.2550%1.00$12.25
$12.50$13.00Oct 2$0.16$0.16$0.3464%0.47$12.66
$12.00$12.50Sep 18$0.14$0.14$0.3661%0.39$12.14
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.00$10.50Oct 2$0.16$0.16$0.3474%0.47$10.84
$11.00$10.50Oct 23$0.18$0.18$0.3268%0.56$10.82
$11.00$10.00Oct 16$0.24$0.24$0.7668%0.32$10.76
$11.50$11.00Oct 2$0.19$0.19$0.3162%0.61$11.31
$11.50$11.00Sep 25$0.17$0.17$0.3362%0.52$11.33

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.15, cheapest $0.07)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 18Sep 25$0.1571.3%54.2%
$11.50Sep 18Sep 25$0.2167.0%65.5%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 18Sep 25$0.0771.3%54.2%
$11.50Sep 18Sep 25$0.1867.0%65.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 15 found (cheapest 5.17% of stock, avg 9.90%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.50Sep 18$0.44$0.17$0.61$10.89$12.115.17%
$12.00Sep 18$0.20$0.43$0.63$11.37$12.635.34%
$12.50Sep 18$0.06$0.69$0.75$11.75$13.256.36%
$12.00Sep 25$0.35$0.50$0.85$11.15$12.857.21%
$11.00Sep 18$0.82$0.06$0.88$10.12$11.887.46%
$11.50Sep 25$0.65$0.35$1.00$10.50$12.508.48%
$11.00Sep 25$0.90$0.18$1.08$9.92$12.089.16%
$12.50Sep 25$0.19$0.89$1.08$11.42$13.589.16%
$11.50Oct 2$0.75$0.46$1.21$10.29$12.7110.26%
$12.00Oct 2$0.56$0.65$1.21$10.79$13.2110.26%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 76 found (cheapest 0.68% of stock, avg 3.91%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.00$10.00Sep 25$0.03$0.05$0.08$9.92$14.08
$13.00$11.00Sep 18$0.02$0.06$0.08$10.92$13.08
$13.50$10.00Sep 25$0.04$0.05$0.09$9.91$13.59
$12.50$11.00Sep 18$0.06$0.06$0.12$10.88$12.62
$14.00$10.50Sep 25$0.03$0.09$0.12$10.38$14.12
$13.50$10.50Sep 25$0.04$0.09$0.13$10.37$13.63
$14.00$9.50Oct 2$0.08$0.06$0.14$9.36$14.14
$14.00$9.50Sep 25$0.03$0.12$0.15$9.35$14.15
$13.50$9.50Sep 25$0.04$0.12$0.16$9.34$13.66
$13.00$10.00Sep 25$0.10$0.05$0.15$9.85$13.15

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 1.17, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1114/14Oct 9$0.27$0.2347%1.17$10.73$13.77
10/1014/14Oct 9$0.28$0.7256%0.39$10.22$13.78
10/1113/14Oct 16$0.42$0.5837%0.72$10.58$13.42

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 26 found (best R:R 15.67, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.00$11.00$12.00Oct 16$0.06$0.9435%15.67
$11.50$12.00$12.50Sep 18$0.10$0.4050%4.00
$12.00$13.00$14.00Oct 16$0.15$0.8530%5.67
$12.00$12.50$13.00Sep 25$0.07$0.4329%6.14
$11.00$11.50$12.00Sep 18$0.14$0.3647%2.57
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$10.50$11.00$11.50Sep 18$0.07$0.4330%6.14
$11.00$11.50$12.00Sep 18$0.15$0.3546%2.33
$10.50$11.00$11.50Sep 25$0.08$0.4224%5.25
$10.50$11.00$11.50Oct 9$0.08$0.4220%5.25
$10.00$11.00$12.00Oct 16$0.24$0.7635%3.17

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 39 found (best net $-0.12, 30 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$12.001:2Oct 16-$0.12$0.88
$11.00$11.501:2Sep 18-$0.06$0.44
$12.00$13.001:2Oct 16-$0.05$0.95
$9.50$10.501:2Sep 25-$0.70$0.30
$13.00$14.001:2Oct 23-$0.11$0.89
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$12.501:2Sep 18-$0.08$0.42
$12.50$12.001:2Sep 25-$0.11$0.39
$12.50$12.001:2Sep 18-$0.17$0.33
$11.50$11.001:2Oct 2-$0.08$0.42
$11.50$11.001:2Oct 9-$0.12$0.38

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 4.92%, avg 2.58%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$12.50Oct 23$0.580.436.0%4.92%10.94%268
$12.00Oct 23$0.760.521.8%6.45%8.23%200375
$13.00Oct 23$0.430.3510.3%3.65%13.91%2315
$14.00Oct 30$0.250.2518.7%2.12%20.87%244
$14.00Oct 23$0.250.2418.7%2.12%20.87%201506
$12.00Oct 16$0.670.491.8%5.68%7.46%1986.6K
$13.00Oct 16$0.360.3110.3%3.05%13.32%25212.5K
$12.50Oct 9$0.350.376.0%2.97%8.99%11.3K
$14.00Oct 16$0.180.1918.7%1.53%20.27%2084.2K
$13.00Oct 9$0.190.3110.3%1.61%11.87%2113

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 6,838
Total Puts 4,959
Put/Call Ratio 0.73
Net Difference 1,879

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 95,299
Total Puts 61,623
Average Put/Call Ratio 0.68
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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