Tour v528
CLF
CLEVELAND-CLIFFS INC
$12.76 +5.02%
$12.79 (+0.25%)🌙
as of 09/17 06:21 PM
9/17 18:21

Option Volume

Detail
Current (09/17) 66,755
Calls: 31,460 (47%)
Puts: 35,295 (53%)
Prior (09/15) 11,797
Calls: 6,838 (58%)
Puts: 4,959 (42%)
Current vs Prior +465.86%
Calls: +360.08% (Calls)
Puts: +611.74% (Puts)
Prior 7-Day Total 147,241
Calls: 86,694 (59%)
Puts: 60,547 (41%)
Prior 7-Day Average 21,034
Calls: 12,384 (59%)
Puts: 8,649 (41%)
Current vs Prior 7-Day Avg +217.36%
Calls: +154.02%
Puts: +308.05%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/17) $6.03M
Calls: $2.63M (44%)
Puts: $3.40M (56%)
Prior (09/15) $1.20M
Calls: $604.9K (51%)
Puts: $590.5K (49%)
Current vs Prior +404.72%
Calls: +335.26%
Puts: +475.88%
Prior 7-Day Total $10.98M
Calls: $5.26M (48%)
Puts: $5.72M (52%)
Prior 7-Day Average $1.57M
Calls: $751.2K (48%)
Puts: $817.3K (52%)
Current vs Prior 7-Day Avg +284.66%
Calls: +250.49%
Puts: +316.07%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/17) 1.12
Prior (09/15) 0.73
Current vs Prior +54.70%
Prior 7-Day Average 0.73
Current vs Prior 7-Day Avg +53.40%
Sentiment BEARISH

Open Interest

Detail
Current (09/17) 564,015
Calls: 379,884 (67%)
Puts: 184,131 (33%)
Prior (09/15) 363,989
Calls: 269,787 (74%)
Puts: 94,202 (26%)
Current vs Prior +54.95%
Prior 7-Day Total 2,756,897
Calls: 1,913,536 (69%)
Puts: 843,361 (31%)
Prior 7-Day Average 393,842
Calls: 273,362 (69%)
Puts: 120,480 (31%)
Current vs Prior 7-Day Avg +43.21%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)
Current 5.17% | 8.78%5.17% | 14.26%
Prior 7.38% | 9.75%7.38% | 13.83%
Current vs Prior -29.90% | -10.01%-29.90% | +3.17%
Prior 7-Day Avg 6.88% | 9.71%8.58% | 15.01%
Current vs 7-Day Avg -24.85% | -9.60%-39.69% | -4.95%
Prior 7-Day Eod 7.38% | 9.75%7.38% | 13.83%
Current vs 7-Day Eod -29.90% | -10.01%-29.90% | +3.17%
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 405% vs prior. Dollar volume significantly above 7-day average (285% higher). Unusually high activity with volume up 466% vs prior - elevated interest. Volume explosion - 217% above 7-day average (66,755 vs avg 21,034).

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 BEARISH
Current NEUTRAL
Prior BULLISH
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 8 of results (avg 7.8%, best 6.4%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Oct 161.952.08$2.026.4%2220.832.5K
$14.00Oct 160.410.44$0.437.0%4370.326.4K
$10.50Sep 182.182.34$2.267.1%10.97310
$13.00Oct 160.750.81$0.787.7%2.1K0.4814.3K
$11.00Sep 181.711.85$1.787.9%2610.986.2K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Oct 21.341.45$1.407.9%5.5K0.771
$12.00Oct 300.680.75$0.729.7%210.3413

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 10 found (avg $0.56, cheapest $0.73)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Sep 250.320.38$0.3517.1%7750.442.7K
$12.00Sep 180.700.84$0.7718.2%1.0K0.9521.3K
$13.50Oct 20.280.34$0.3119.4%600.321.6K
$13.00Oct 20.470.53$0.5012.0%2460.45354
$15.00Oct 160.230.25$0.248.3%3.6K0.207.5K
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Sep 180.660.80$0.7319.2%120.936
$12.00Oct 300.680.75$0.729.7%210.3413

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 40 found (avg delta 0.76, highest 0.98)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Sep 181.711.85$1.787.9%2610.986.2K
$10.50Sep 252.162.68$2.4221.5%30.9816
$11.50Sep 181.181.39$1.2916.3%1260.981.4K
$10.50Sep 182.182.34$2.267.1%10.97310
$11.00Sep 251.441.86$1.6525.5%150.96161
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$15.00Sep 252.012.35$2.1815.6%20.943
$14.50Sep 251.451.86$1.6624.7%20.934
$13.50Sep 180.660.80$0.7319.2%120.936
$14.00Sep 181.171.33$1.2512.8%5050.90214
$15.00Oct 22.042.52$2.2821.1%70.882

Most actively traded options today. High liquidity = easy entry/exit. 99 active (total vol 53.1K, top 5.6K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 230.771.10$0.9435.1%5.0K0.51365
$15.00Oct 160.230.25$0.248.3%3.6K0.207.5K
$14.00Sep 250.090.11$0.1020.0%2.3K0.173.7K
$13.00Oct 160.750.81$0.787.7%2.1K0.4814.3K
$13.00Sep 180.070.11$0.0944.4%1.4K0.3116.6K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Oct 20.660.95$0.8135.8%5.6K0.555.5K
$14.00Oct 21.341.45$1.407.9%5.5K0.771
$13.00Sep 180.270.38$0.3333.3%4.1K0.697.5K
$13.50Sep 250.841.03$0.9420.2%3.6K0.724
$11.00Oct 160.180.25$0.2231.8%2.2K0.174.1K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 4 strikes (avg 7.6%, max 9.2%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Sep 18Oct 3071.6%65.6%9.2%1.4K16.6K
$12.50Sep 18Oct 3065.0%62.9%3.3%7295.1K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Sep 18Oct 3071.6%65.6%9.2%4.1K7.5K
$12.50Sep 18Oct 965.0%59.9%8.6%1.1K544

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 45 found (best R:R 1.00, avg 1.59)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$11.50Sep 25$0.25$0.25$0.2596%1.00$11.25
$12.50$13.00Oct 30$0.19$0.31$0.1960%1.63$12.69
$12.00$13.00Oct 16$0.49$0.51$0.4967%1.04$12.49
$13.50$14.00Oct 30$0.13$0.37$0.1346%2.85$13.63
$12.00$12.50Oct 2$0.27$0.23$0.2772%0.85$12.27
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$14.50$14.00Sep 25$0.28$0.22$0.2893%0.79$14.22
$14.00$13.00Oct 2$0.59$0.41$0.5977%0.69$13.41
$12.00$11.50Oct 23$0.11$0.39$0.1134%3.55$11.89
$12.50$12.00Oct 2$0.16$0.34$0.1642%2.13$12.34
$13.00$12.50Sep 25$0.24$0.26$0.2456%1.08$12.76

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 24 found (best R:R 0.79, avg 0.52)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$14.50$15.00Oct 23$0.19$0.19$0.3169%0.61$14.69
$14.50$15.00Oct 9$0.15$0.15$0.3575%0.43$14.65
$13.00$13.50Oct 23$0.25$0.25$0.2549%1.00$13.25
$13.00$13.50Oct 9$0.22$0.22$0.2853%0.79$13.22
$14.00$14.50Oct 30$0.19$0.19$0.3160%0.61$14.19
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$11.50$11.00Oct 30$0.22$0.22$0.2872%0.79$11.28
$11.50$11.00Oct 9$0.17$0.17$0.3376%0.52$11.33
$12.50$12.00Sep 25$0.21$0.21$0.2962%0.72$12.29
$11.50$11.00Oct 23$0.18$0.18$0.3273%0.56$11.32
$12.00$11.00Oct 16$0.28$0.28$0.7267%0.39$11.72

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.24, cheapest $0.23)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Sep 18Sep 25$0.2671.6%59.7%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Sep 18Sep 25$0.2371.6%59.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 3.13% of stock, avg 11.29%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.50Sep 18$0.33$0.07$0.40$12.10$12.903.13%
$13.00Sep 18$0.09$0.33$0.42$12.58$13.423.29%
$13.50Sep 18$0.02$0.73$0.75$12.75$14.255.88%
$12.00Sep 18$0.77$0.01$0.78$11.22$12.786.11%
$12.50Sep 25$0.56$0.32$0.88$11.62$13.386.90%
$13.00Sep 25$0.35$0.56$0.91$12.09$13.917.13%
$12.00Sep 25$0.89$0.11$1.00$11.00$13.007.84%
$13.50Sep 25$0.19$0.94$1.13$12.37$14.638.86%
$12.50Oct 2$0.75$0.43$1.18$11.32$13.689.25%
$14.00Sep 18$0.04$1.25$1.29$12.71$15.2910.11%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 105 found (cheapest 0.55% of stock, avg 5.58%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$15.00$11.50Sep 25$0.03$0.04$0.07$11.43$15.07
$14.50$11.50Sep 25$0.04$0.04$0.08$11.42$14.58
$13.50$12.50Sep 18$0.02$0.07$0.09$12.41$13.59
$14.00$12.50Sep 18$0.04$0.07$0.11$12.39$14.11
$14.00$11.50Sep 25$0.10$0.04$0.14$11.36$14.14
$15.00$12.00Sep 25$0.03$0.11$0.14$11.86$15.14
$13.00$12.50Sep 18$0.09$0.07$0.16$12.34$13.16
$14.50$12.00Sep 25$0.04$0.11$0.15$11.85$14.65
$15.00$11.00Oct 2$0.09$0.09$0.18$10.82$15.18
$14.00$12.00Sep 25$0.10$0.11$0.21$11.79$14.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 5 found (best R:R 2.85, avg credit $0.34)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1214/15Oct 23$0.37$0.1342%2.85$11.13$14.87
11/1214/15Oct 9$0.32$0.1851%1.78$11.18$14.82
12/1214/15Oct 23$0.30$0.2036%1.50$11.70$14.80
12/1214/14Oct 2$0.25$0.2539%1.00$11.75$13.75
11/1214/15Oct 16$0.47$0.5335%0.89$11.53$14.47

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 43 found (best R:R 8.09, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Oct 16$0.14$0.8635%6.14
$12.50$13.00$13.50Sep 18$0.17$0.3367%1.94
$12.50$13.00$13.50Sep 25$0.05$0.4533%9.00
$12.00$12.50$13.00Sep 18$0.20$0.3064%1.50
$12.50$13.00$13.50Oct 2$0.06$0.4426%7.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$13.00$14.00Oct 16$0.11$0.8934%8.09
$12.50$13.00$13.50Sep 18$0.14$0.3667%2.57
$12.00$12.50$13.00Sep 18$0.20$0.3064%1.50
$13.00$13.50$14.00Sep 25$0.06$0.4427%7.33
$11.50$12.00$12.50Sep 18$0.06$0.4424%7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 44 found (best net $-0.22, 37 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$14.001:2Oct 16-$0.08$0.92
$12.00$13.001:2Oct 16-$0.29$0.71
$11.50$12.001:2Sep 18-$0.25$0.25
$11.00$12.001:2Oct 16-$0.52$0.48
$12.00$12.501:2Sep 25-$0.23$0.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$14.00$13.001:2Oct 2-$0.22$0.78
$14.00$13.501:2Sep 18-$0.21$0.29
$14.00$13.001:2Oct 16-$0.39$0.61
$13.50$13.001:2Sep 25-$0.18$0.32
$13.00$12.501:2Sep 25-$0.08$0.42

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 27 found (best yield 7.76%, avg 2.80%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.00Oct 30$0.990.531.9%7.76%9.64%13--
$14.00Oct 30$0.620.409.7%4.86%14.58%1150
$14.00Oct 23$0.580.389.7%4.55%14.26%48712
$13.50Oct 30$0.710.465.8%5.56%11.36%503754
$15.00Oct 30$0.380.2917.6%2.98%20.53%418
$14.50Oct 30$0.430.3313.6%3.37%17.01%30253
$14.50Oct 23$0.360.3113.6%2.82%16.46%11274
$13.00Oct 23$0.770.511.9%6.03%7.92%5.0K365
$13.00Oct 16$0.750.481.9%5.88%7.76%2.1K14.3K
$13.50Oct 23$0.530.425.8%4.15%9.95%1939

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 31,460
Total Puts 35,295
Put/Call Ratio 1.12
Net Difference -3,835

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 86,694
Total Puts 60,547
Average Put/Call Ratio 0.73
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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