Tour v528
CLF
CLEVELAND-CLIFFS INC
$12.07 -3.44%
$12.09 (+0.17%)🌙
as of 09/21 06:18 PM
9/21 18:18

Option Volume

Detail
Current (09/21) 29,988
Calls: 17,697 (59%)
Puts: 12,291 (41%)
Prior (09/18) 37,910
Calls: 24,835 (66%)
Puts: 13,075 (34%)
Current vs Prior -20.90%
Calls: -28.74% (Calls)
Puts: -6.00% (Puts)
Prior 7-Day Total 216,573
Calls: 118,120 (55%)
Puts: 98,453 (45%)
Prior 7-Day Average 30,939
Calls: 16,874 (55%)
Puts: 14,064 (45%)
Current vs Prior 7-Day Avg -3.07%
Calls: +4.88%
Puts: -12.61%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/21) $2.04M
Calls: $996.1K (49%)
Puts: $1.04M (51%)
Prior (09/18) $3.41M
Calls: $2.90M (85%)
Puts: $514.2K (15%)
Current vs Prior -40.29%
Calls: -65.63%
Puts: +102.46%
Prior 7-Day Total $18.63M
Calls: $9.48M (51%)
Puts: $9.15M (49%)
Prior 7-Day Average $2.66M
Calls: $1.35M (51%)
Puts: $1.31M (49%)
Current vs Prior 7-Day Avg -23.46%
Calls: -26.47%
Puts: -20.34%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/21) 0.69
Prior (09/18) 0.53
Current vs Prior +31.92%
Prior 7-Day Average 0.84
Current vs Prior 7-Day Avg -17.43%
Sentiment BULLISH

Open Interest

Detail
Current (09/21) 404,299
Calls: 227,573 (56%)
Puts: 176,726 (44%)
Prior (09/18) 383,052
Calls: 298,109 (78%)
Puts: 84,943 (22%)
Current vs Prior +5.55%
Prior 7-Day Total 2,874,320
Calls: 2,035,906 (71%)
Puts: 838,414 (29%)
Prior 7-Day Average 410,617
Calls: 290,843 (71%)
Puts: 119,773 (29%)
Current vs Prior 7-Day Avg -1.54%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)
Current 7.95% | 10.69%14.33% | 20.30%
Prior 5.60% | 8.80%0.56% | 12.48%
Current vs Prior +42.03% | +21.45%+2459.48% | +62.65%
Prior 7-Day Avg 6.56% | 9.65%6.83% | 14.31%
Current vs 7-Day Avg +21.16% | +10.75%+110.01% | +41.85%
Prior 7-Day Eod 5.60% | 8.80%0.56% | 12.48%
Current vs 7-Day Eod +42.03% | +21.45%+2459.48% | +62.65%
Sentiment BEARISHBEARISH

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

Bullish P/C ratio of 0.69. P/C ratio rising 32% - increased hedging/bearish positioning.

Smart Money BEARISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BULLISH
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 4 of results (avg 7.8%, best 5.4%)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Oct 160.550.58$0.565.4%1280.44--
$11.00Oct 161.341.46$1.408.6%440.752.5K
$14.00Oct 160.190.21$0.2010.0%1.4K0.207.4K
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Oct 160.660.71$0.697.2%1520.462.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 18 found (avg $0.47, cheapest $0.36)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Sep 250.330.38$0.3613.9%3830.55888
$12.00Oct 20.500.58$0.5414.8%360.56419
$14.00Oct 160.190.21$0.2010.0%1.4K0.207.4K
$12.50Oct 90.390.47$0.4318.6%530.411.5K
$12.00Oct 90.610.69$0.6512.3%20.53292
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.50Oct 20.220.26$0.2416.7%560.29152
$12.50Sep 250.550.65$0.6016.7%5120.69768
$10.50Oct 160.150.18$0.1618.8%1260.16--
$11.00Oct 160.260.30$0.2814.3%3400.243.4K
$12.50Oct 20.690.82$0.7517.3%1210.61159

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 34 found (avg delta 0.73, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Sep 251.912.38$2.1521.9%80.99--
$10.50Sep 251.411.82$1.6225.3%300.9719
$11.00Sep 250.991.30$1.1527.0%1290.91182
$10.50Oct 21.512.09$1.8032.2%20.9122
$11.00Oct 21.041.37$1.2127.3%510.8437
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 251.832.04$1.9410.8%10.94--
$14.00Oct 21.902.11$2.0110.4%10.92--
$13.50Sep 251.371.74$1.5623.7%1.7K0.923.6K
$13.00Sep 250.921.08$1.0016.0%210.84295
$14.00Oct 161.882.29$2.0919.6%10.80--

Most actively traded options today. High liquidity = easy entry/exit. 87 active (total vol 19.9K, top 2.2K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Sep 250.010.02$0.0250.0%2.2K0.042.1K
$14.00Oct 160.190.21$0.2010.0%1.4K0.207.4K
$12.50Sep 250.130.17$0.1526.7%1.2K0.312.8K
$13.00Sep 250.050.09$0.0757.1%8760.163.7K
$13.00Oct 160.410.47$0.4413.6%7530.3514.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Sep 251.371.74$1.5623.7%1.7K0.923.6K
$12.00Sep 250.240.31$0.2825.0%1.2K0.45902
$11.50Oct 90.130.40$0.27100.0%1.0K0.31179
$12.50Oct 90.741.02$0.8831.8%1.0K0.5939
$13.00Oct 161.251.42$1.3412.7%8190.641.1K

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 5.2%, max 12.5%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Sep 25Oct 3069.0%62.1%11.2%9553.7K
$11.50Sep 25Oct 3065.4%62.9%3.9%51465
$12.50Sep 25Oct 2362.7%60.9%3.1%1.2K3.0K
$12.00Sep 25Oct 3062.5%61.8%1.1%384888
PUTS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.00Sep 25Oct 2369.0%61.4%12.5%28295
$12.50Sep 25Oct 1662.7%60.1%4.4%952768
$11.50Sep 25Oct 3065.4%62.9%3.9%5461.2K
$12.00Sep 25Oct 3062.5%61.8%1.1%1.2K902

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 40 found (best R:R 1.00, avg 1.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$11.00$11.50Oct 16$0.25$0.25$0.2575%1.00$11.25
$11.50$12.00Sep 25$0.26$0.24$0.2678%0.92$11.76
$12.50$13.00Oct 16$0.12$0.38$0.1244%3.17$12.62
$13.00$13.50Oct 30$0.13$0.37$0.1340%2.85$13.13
$11.00$11.50Oct 30$0.30$0.20$0.3071%0.67$11.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$11.50Oct 2$0.18$0.32$0.1845%1.78$11.82
$12.50$12.00Oct 9$0.28$0.22$0.2859%0.79$12.22
$12.50$12.00Oct 16$0.27$0.23$0.2756%0.85$12.23
$13.00$12.00Oct 23$0.56$0.44$0.5662%0.79$12.44
$12.50$12.00Sep 25$0.32$0.18$0.3269%0.56$12.18

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 1.94, avg 0.57)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.50$14.00Oct 23$0.18$0.18$0.3267%0.56$13.68
$13.00$13.50Oct 2$0.10$0.10$0.4073%0.25$13.10
$13.00$13.50Oct 16$0.15$0.15$0.3565%0.43$13.15
$12.50$13.00Oct 2$0.13$0.13$0.3760%0.35$12.63
$12.50$13.00Oct 9$0.13$0.13$0.3759%0.35$12.63
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.50Oct 9$0.33$0.33$0.1754%1.94$11.67
$11.00$10.50Oct 30$0.18$0.18$0.3271%0.56$10.82
$11.00$10.50Oct 23$0.16$0.16$0.3473%0.47$10.84
$11.50$11.00Oct 23$0.20$0.20$0.3064%0.67$11.30
$12.00$11.50Oct 16$0.24$0.24$0.2654%0.92$11.76

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.16, cheapest $0.14)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 25Oct 2$0.1862.5%56.6%
$12.50Sep 25Oct 2$0.1862.7%58.6%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$12.00Sep 25Oct 2$0.1462.5%56.6%
$12.50Sep 25Oct 2$0.1562.7%58.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 5.30% of stock, avg 12.04%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$12.00Sep 25$0.36$0.28$0.64$11.36$12.645.30%
$11.50Sep 25$0.62$0.11$0.73$10.77$12.236.05%
$12.50Sep 25$0.15$0.60$0.75$11.75$13.256.21%
$12.00Oct 2$0.54$0.42$0.96$11.04$12.967.95%
$13.00Sep 25$0.07$1.00$1.07$11.93$14.078.86%
$11.50Oct 2$0.84$0.24$1.08$10.42$12.588.95%
$12.50Oct 2$0.33$0.75$1.08$11.42$13.588.95%
$11.00Sep 25$1.15$0.04$1.19$9.81$12.199.86%
$12.00Oct 9$0.65$0.60$1.25$10.75$13.2510.36%
$11.50Oct 9$1.01$0.27$1.28$10.22$12.7810.60%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 104 found (cheapest 0.58% of stock, avg 5.50%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$13.50$11.00Sep 25$0.03$0.04$0.07$10.93$13.57
$14.00$10.00Oct 2$0.05$0.05$0.10$9.90$14.10
$14.00$10.50Oct 2$0.05$0.06$0.11$10.39$14.11
$13.00$11.00Sep 25$0.07$0.04$0.11$10.89$13.11
$13.50$11.50Sep 25$0.03$0.11$0.14$11.36$13.64
$13.50$10.00Oct 2$0.10$0.05$0.15$9.85$13.65
$13.50$10.50Oct 2$0.10$0.06$0.16$10.34$13.66
$14.00$11.00Oct 2$0.05$0.12$0.17$10.83$14.17
$13.00$11.50Sep 25$0.07$0.11$0.18$11.32$13.18
$13.50$11.00Oct 2$0.10$0.12$0.22$10.78$13.72

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 2 found (best R:R 2.12, avg credit $0.28)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
10/1114/14Oct 23$0.34$0.1640%2.12$10.66$13.84
11/1213/14Oct 2$0.22$0.2844%0.79$11.28$13.22

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.50$12.00$12.50Sep 25$0.05$0.4547%9.00
$11.00$11.50$12.00Oct 2$0.07$0.4328%6.14
$12.00$12.50$13.00Oct 2$0.08$0.4229%5.25
$11.50$12.00$12.50Oct 2$0.09$0.4131%4.56
$12.00$12.50$13.00Sep 25$0.13$0.3739%2.85
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Sep 25$0.08$0.4239%5.25
$11.00$11.50$12.00Oct 2$0.06$0.4428%7.33
$11.00$11.50$12.00Sep 25$0.10$0.4036%4.00
$11.50$12.00$12.50Sep 25$0.15$0.3547%2.33
$10.50$11.00$11.50Oct 2$0.06$0.4420%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. 50 found (best net $-0.16, 47 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$11.00$11.501:2Sep 25-$0.09$0.41
$12.00$13.001:2Oct 30-$0.19$0.81
$11.50$12.001:2Sep 25-$0.10$0.40
$12.00$12.501:2Oct 2-$0.12$0.38
$11.50$12.001:2Oct 2-$0.24$0.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.50$12.501:2Oct 9-$0.16$0.84
$14.00$13.001:2Oct 2-$0.49$0.51
$13.00$12.001:2Oct 23-$0.30$0.70
$13.00$12.501:2Sep 25-$0.20$0.30
$12.50$12.001:2Oct 2-$0.09$0.41

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 19 found (best yield 3.81%, avg 2.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$13.50Oct 30$0.460.3411.8%3.81%15.66%7031.3K
$13.50Oct 23$0.400.3311.8%3.31%15.16%5453
$13.00Oct 30$0.490.407.7%4.06%11.76%7922
$14.00Oct 30$0.310.2816.0%2.57%18.56%26238
$13.00Oct 23$0.460.387.7%3.81%11.52%615.3K
$12.50Oct 23$0.580.473.6%4.81%8.37%7205
$12.50Oct 16$0.550.443.6%4.56%8.12%128--
$13.00Oct 16$0.410.357.7%3.40%11.10%75314.2K
$14.00Oct 23$0.220.2516.0%1.82%17.81%135737
$13.50Oct 16$0.240.2711.8%1.99%13.84%200--

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 17,697
Total Puts 12,291
Put/Call Ratio 0.69
Net Difference 5,406

Prior's Put/Call Breakdown

Total Calls 24,835
Total Puts 13,075
Put/Call Ratio 0.53
Net Difference 11,760

Prior 7-Day Put/Call Summary

Total Calls 118,120
Total Puts 98,453
Average Put/Call Ratio 0.84
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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