Tour v531
CLF
CLEVELAND-CLIFFS INC
$13.05 -6.99%
$13.07 (+0.12%)🌙
as of 10/22 06:18 PM
◀ 10/22 18:18 ▶

Option Volume

Detail
ℹ
Current (10/22) 68,015
Calls: 38,945 (57%)
Puts: 29,070 (43%)
Prior (10/21) 66,540
Calls: 48,933 (74%)
Puts: 17,607 (26%)
Current vs Prior +2.22%
Calls: -20.41% (Calls)
Puts: +65.10% (Puts)
Prior 7-Day Total 682,358
Calls: 422,640 (62%)
Puts: 259,718 (38%)
Prior 7-Day Average 97,479
Calls: 60,377 (62%)
Puts: 37,102 (38%)
Current vs Prior 7-Day Avg -30.23%
Calls: -35.50%
Puts: -21.65%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (10/22) $5.33M
Calls: $2.38M (45%)
Puts: $2.95M (55%)
Prior (10/21) $6.51M
Calls: $5.05M (78%)
Puts: $1.46M (22%)
Current vs Prior -18.16%
Calls: -52.84%
Puts: +101.50%
Prior 7-Day Total $59.55M
Calls: $38.95M (65%)
Puts: $20.59M (35%)
Prior 7-Day Average $8.51M
Calls: $5.56M (65%)
Puts: $2.94M (35%)
Current vs Prior 7-Day Avg -37.34%
Calls: -57.21%
Puts: +0.24%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (10/22) 0.75
Prior (10/21) 0.36
Current vs Prior +107.45%
Prior 7-Day Average 1.11
Current vs Prior 7-Day Avg -32.51%
Sentiment NEUTRAL

Open Interest

Detail
ℹ
Current (10/22) 597,463
Calls: 410,988 (69%)
Puts: 186,475 (31%)
Prior (10/21) 650,870
Calls: 440,270 (68%)
Puts: 210,600 (32%)
Current vs Prior -8.21%
Prior 7-Day Total 4,255,337
Calls: 2,854,868 (67%)
Puts: 1,400,469 (33%)
Prior 7-Day Average 607,905
Calls: 407,838 (67%)
Puts: 200,067 (33%)
Current vs Prior 7-Day Avg -1.72%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)
Current 5.98% | 10.34%16.70% | 18.85%
Prior 7.20% | 10.19%14.75% | 16.96%
Current vs Prior -16.97% | +1.50%+13.22% | +11.12%
Prior 7-Day Avg 8.85% | 13.48%10.74% | 18.66%
Current vs 7-Day Avg -32.45% | -23.26%+55.48% | +1.01%
Prior 7-Day Eod 7.20% | 10.19%14.75% | 16.96%
Current vs 7-Day Eod -16.97% | +1.50%+13.22% | +11.12%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 30.66% | 28.30%
Calls: 23.81% | 17.65%
Puts: 37.50% | 38.95%
Prior 30.66% | 28.30%
Calls: 23.81% | 17.65%
Puts: 37.50% | 38.95%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 25.02% | 26.21%
Calls: 20.00% | 12.76%
Puts: 30.04% | 39.67%
Current vs 7-Day Avg +22.54% | +7.96%
Liquidity Expensive
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🤖 AI Insights

P/C ratio rising 107% - increased hedging/bearish positioning. Call-heavy open interest (410,988 calls vs 186,475 puts) suggests bullish 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 NEUTRAL
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 2 of results (avg 7.1%, best 6.1%)

CALLS (0)
No calls meet the criteria
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Nov 201.111.18$1.156.1%7890.533.1K
$13.00Nov 200.830.90$0.878.0%4.0K0.452.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.67, cheapest $0.52)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.00Nov 200.560.62$0.5910.2%8650.394.0K
$13.50Nov 270.780.94$0.8618.6%640.4818
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Oct 230.480.55$0.5213.5%6.0K0.784.3K
$13.50Oct 300.730.84$0.7814.1%2190.616.8K
$12.00Nov 200.400.49$0.4520.0%6860.286.6K
$12.50Nov 200.600.69$0.6513.8%470.36416
$13.00Nov 200.830.90$0.878.0%4.0K0.452.1K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 46 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Oct 232.373.05$2.7125.1%20.99127
$11.50Oct 231.471.87$1.6724.0%370.96557
$12.00Oct 231.001.34$1.1729.1%1540.964.0K
$11.00Oct 231.752.50$2.1335.2%300.963.4K
$11.00Nov 61.952.50$2.2324.7%20.92--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$15.50Oct 231.892.58$2.2430.8%101.00--
$15.50Oct 302.192.68$2.4420.1%20.95--
$14.50Oct 231.041.56$1.3040.0%260.94252
$14.00Oct 230.871.12$1.0025.0%5490.915.1K
$15.00Oct 231.292.21$1.7552.6%640.891.7K

Most actively traded options today. High liquidity = easy entry/exit. 110 active (total vol 42.1K, top 6.5K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.50Nov 200.400.57$0.4934.7%6.5K0.33407
$12.50Oct 300.740.98$0.8627.9%4.2K0.704.2K
$14.00Oct 230.020.03$0.0333.3%2.2K0.098.1K
$13.00Nov 200.911.15$1.0323.3%1.8K0.567.7K
$14.00Oct 300.150.25$0.2050.0%1.7K0.277.9K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.50Oct 230.480.55$0.5213.5%6.0K0.784.3K
$13.00Nov 200.830.90$0.878.0%4.0K0.452.1K
$13.00Oct 230.100.27$0.1989.5%1.1K0.443.9K
$13.50Nov 201.111.18$1.156.1%7890.533.1K
$12.00Nov 200.400.49$0.4520.0%6860.286.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 74.1%, max 147.1%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Oct 23Nov 27137.1%55.5%147.1%3617.1K
$13.00Oct 23Nov 2784.5%62.4%35.6%45012.0K
$13.50Oct 23Dec 483.4%76.2%9.4%1.6K6.8K
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$12.50Oct 23Nov 27137.1%55.5%147.1%3162.7K
$13.50Oct 23Nov 2783.4%63.5%31.3%6.0K4.3K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 44 found (best R:R 0.67, avg 1.61)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.50$13.00Nov 13$0.16$0.34$0.1669%2.13$12.66
$12.00$13.00Nov 20$0.51$0.49$0.5172%0.96$12.51
$12.50$13.00Nov 27$0.19$0.31$0.1964%1.63$12.69
$13.00$13.50Nov 6$0.16$0.34$0.1655%2.13$13.16
$13.50$14.00Nov 27$0.16$0.34$0.1648%2.12$13.66
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$14.50$14.00Oct 23$0.30$0.20$0.3094%0.67$14.20
$14.00$13.50Oct 30$0.31$0.19$0.3174%0.61$13.69
$13.50$13.00Nov 27$0.21$0.29$0.2152%1.38$13.29
$14.00$13.50Nov 13$0.28$0.22$0.2863%0.79$13.72
$14.00$13.50Nov 6$0.31$0.19$0.3166%0.61$13.69

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 25 found (best R:R 2.33, avg 0.63)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$14.50$15.00Nov 13$0.26$0.26$0.2466%1.08$14.76
$14.50$15.00Nov 27$0.25$0.25$0.2564%1.00$14.75
$13.50$14.00Nov 20$0.22$0.22$0.2852%0.79$13.72
$14.50$15.00Nov 20$0.14$0.14$0.3667%0.39$14.64
$13.50$14.00Nov 6$0.18$0.18$0.3256%0.56$13.68
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$13.00$12.50Nov 27$0.35$0.35$0.1555%2.33$12.65
$11.50$11.00Nov 6$0.16$0.16$0.3482%0.47$11.34
$12.00$11.50Nov 27$0.22$0.22$0.2870%0.79$11.78
$12.50$12.00Oct 23$0.13$0.13$0.3775%0.35$12.37
$11.50$10.50Nov 27$0.21$0.21$0.7978%0.27$11.29

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.29, cheapest $0.27)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Oct 23Oct 30$0.3184.5%65.9%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Oct 23Oct 30$0.2784.5%65.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 29 found (cheapest 3.45% of stock, avg 11.93%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$13.00Oct 23$0.26$0.19$0.45$12.55$13.453.45%
$13.50Oct 23$0.07$0.52$0.59$12.91$14.094.52%
$12.50Oct 23$0.63$0.14$0.77$11.73$13.275.90%
$14.00Oct 23$0.03$1.00$1.03$12.97$15.037.89%
$13.00Oct 30$0.57$0.46$1.03$11.97$14.037.89%
$13.50Oct 30$0.34$0.78$1.12$12.38$14.628.58%
$12.50Oct 30$0.86$0.28$1.14$11.36$13.648.74%
$12.00Oct 23$1.17$0.01$1.18$10.82$13.189.04%
$14.00Oct 30$0.20$1.09$1.29$12.71$15.299.89%
$13.00Nov 6$0.72$0.61$1.33$11.67$14.3310.19%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 125 found (cheapest 0.61% of stock, avg 6.24%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$15.50$11.00Oct 30$0.03$0.05$0.08$10.92$15.58
$15.50$11.50Oct 30$0.03$0.06$0.09$11.41$15.59
$15.00$11.00Oct 30$0.10$0.05$0.15$10.85$15.15
$15.00$11.50Oct 30$0.10$0.06$0.16$11.34$15.16
$14.50$11.00Oct 30$0.11$0.05$0.16$10.84$14.66
$14.50$11.50Oct 30$0.11$0.06$0.17$11.33$14.67
$14.00$12.50Oct 23$0.03$0.14$0.17$12.33$14.17
$13.50$12.50Oct 23$0.07$0.14$0.21$12.29$13.71
$15.50$12.00Oct 30$0.03$0.16$0.19$11.81$15.69
$15.00$12.50Oct 23$0.07$0.14$0.21$12.29$15.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 3 found (best R:R 3.55, avg credit $0.32)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
11/1214/15Nov 13$0.39$0.1147%3.55$11.11$14.89
11/1214/15Nov 20$0.28$0.2246%1.27$11.22$14.78
12/1214/15Nov 20$0.29$0.2139%1.38$11.71$14.79

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 41 found (best R:R 7.33, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.50$13.00$13.50Oct 30$0.06$0.4430%7.33
$13.00$13.50$14.00Oct 23$0.15$0.3548%2.33
$12.00$12.50$13.00Oct 30$0.07$0.4325%6.14
$12.50$13.00$13.50Oct 23$0.18$0.3253%1.78
$13.00$13.50$14.00Oct 30$0.09$0.4128%4.56
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$12.00$12.50$13.00Oct 30$0.06$0.4425%7.33
$13.00$13.50$14.00Oct 23$0.15$0.3548%2.33
$12.50$13.00$13.50Nov 20$0.06$0.4417%7.33
$11.50$12.00$12.50Nov 13$0.07$0.4314%6.14
$12.50$13.00$13.50Oct 30$0.14$0.3630%2.57

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 52 found (best net $-0.09, 44 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$12.501:2Oct 23-$0.09$0.41
$12.00$13.001:2Nov 20-$0.52$0.48
$13.00$13.501:2Oct 30-$0.11$0.39
$11.00$12.001:2Nov 20-$0.73$0.27
$13.50$14.001:2Oct 30-$0.06$0.44
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$15.50$14.501:2Oct 30-$0.68$0.32
$13.50$13.001:2Oct 30-$0.14$0.36
$13.00$12.501:2Oct 30-$0.10$0.40
$13.00$12.501:2Oct 23-$0.09$0.41
$13.50$13.001:2Nov 6-$0.20$0.30

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 23 found (best yield 1.69%, avg 2.73%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$15.00Dec 4$0.220.4214.9%1.69%16.63%1--
$13.50Nov 27$0.780.483.5%5.98%9.43%6418
$14.00Nov 27$0.580.417.3%4.44%11.72%4--
$14.50Nov 27$0.420.3611.1%3.22%14.33%228
$14.00Nov 20$0.560.397.3%4.29%11.57%8654.0K
$13.50Nov 20$0.710.483.5%5.44%8.89%104366
$14.50Nov 20$0.400.3311.1%3.07%14.18%6.5K407
$15.00Nov 27$0.320.2714.9%2.45%17.39%32166
$14.00Nov 13$0.430.417.3%3.30%10.57%201850
$13.50Nov 13$0.590.493.5%4.52%7.97%72237

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 38,945
Total Puts 29,070
Put/Call Ratio 0.75
Net Difference 9,875

Prior's Put/Call Breakdown

Total Calls 48,933
Total Puts 17,607
Put/Call Ratio 0.36
Net Difference 31,326

Prior 7-Day Put/Call Summary

Total Calls 422,640
Total Puts 259,718
Average Put/Call Ratio 1.11
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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