Tour v536
CLF
CLEVELAND-CLIFFS INC
$12.84 -9.19%
$12.80 (-0.31%)🌙
as of 11/04 06:24 PM
◀ 11/4 18:24 ▶

Option Volume

Detail
ℹ
Current (11/04) 117,222
Calls: 38,435 (33%)
Puts: 78,787 (67%)
Prior (11/03) 18,994
Calls: 10,033 (53%)
Puts: 8,961 (47%)
Current vs Prior +517.15%
Calls: +283.09% (Calls)
Puts: +779.22% (Puts)
Prior 7-Day Total 355,653
Calls: 228,004 (64%)
Puts: 127,649 (36%)
Prior 7-Day Average 50,807
Calls: 32,572 (64%)
Puts: 18,235 (36%)
Current vs Prior 7-Day Avg +130.72%
Calls: +18.00%
Puts: +332.05%
Sentiment BEARISH

Dollar Volume

Detail
ℹ
Current (11/04) $10.03M
Calls: $2.12M (21%)
Puts: $7.91M (79%)
Prior (11/03) $1.50M
Calls: $801.7K (53%)
Puts: $702.6K (47%)
Current vs Prior +566.74%
Calls: +164.92%
Puts: +1025.26%
Prior 7-Day Total $30.40M
Calls: $19.44M (64%)
Puts: $10.96M (36%)
Prior 7-Day Average $4.34M
Calls: $2.78M (64%)
Puts: $1.57M (36%)
Current vs Prior 7-Day Avg +130.99%
Calls: -23.52%
Puts: +405.12%
Sentiment BEARISH

Put/Call Ratio

Detail
ℹ
Current (11/04) 2.05
Prior (11/03) 0.89
Current vs Prior +129.51%
Prior 7-Day Average 0.65
Current vs Prior 7-Day Avg +216.68%
Sentiment BEARISH

Open Interest

Detail
ℹ
Current (11/04) 570,817
Calls: 358,410 (63%)
Puts: 212,407 (37%)
Prior (11/03) 429,912
Calls: 311,160 (72%)
Puts: 118,752 (28%)
Current vs Prior +32.78%
Prior 7-Day Total 3,786,406
Calls: 2,629,225 (69%)
Puts: 1,157,181 (31%)
Prior 7-Day Average 540,915
Calls: 375,603 (69%)
Puts: 165,311 (31%)
Current vs Prior 7-Day Avg +5.53%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (11/06) | Next (11/13)Expiry (11/20) | Next (12/18)
Current 7.40% | 11.45%13.47% | 17.45%
Prior 7.99% | 11.81%13.65% | 17.68%
Current vs Prior -7.42% | -3.06%-1.29% | -1.33%
Prior 7-Day Avg 7.84% | 11.23%14.54% | 17.64%
Current vs 7-Day Avg -5.67% | +1.95%-7.34% | -1.12%
Prior 7-Day Eod 7.99% | 11.81%13.65% | 17.68%
Current vs 7-Day Eod -7.42% | -3.06%-1.29% | -1.33%
Sentiment BULLISHBULLISH

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 30.66% | 28.30%
Calls: 23.81% | 17.65%
Puts: 37.50% | 38.95%
Current vs 7-Day Avg +0.00% | +0.00%
Liquidity Expensive
+
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🤖 AI Insights

Strong bearish conviction with 79% of dollar volume in puts ($7.91M) vs calls ($2.12M). Massive premium surge with dollar volume up 567% vs prior. Dollar volume significantly above 7-day average (131% higher). Unusually high activity with volume up 517% vs prior - elevated interest.

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 BULLISH
Current BEARISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
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 10 of results (avg 8.2%, best 5.5%)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Dec 40.880.93$0.915.5%190.517
$15.00Dec 180.410.44$0.437.0%5900.2711.7K
$13.00Nov 200.660.71$0.697.2%7.7K0.509.4K
$14.00Dec 180.650.70$0.687.4%3550.385.0K
$14.50Nov 200.210.23$0.229.1%4140.224.5K
PUTS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Dec 180.660.71$0.697.2%2690.342.4K
$14.00Dec 111.641.81$1.739.8%50.62--
$14.00Dec 181.741.92$1.839.8%850.626.1K
$13.00Nov 200.770.85$0.819.9%7400.517.4K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 20 found (avg $0.63, cheapest $0.22)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$14.50Nov 200.210.23$0.229.1%4140.224.5K
$13.00Nov 130.450.52$0.4914.3%1630.47263
$14.00Nov 200.300.36$0.3318.2%2.4K0.305.6K
$12.50Nov 130.750.87$0.8114.8%750.61411
$13.00Nov 200.660.71$0.697.2%7.7K0.509.4K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Nov 130.380.46$0.4219.0%4180.391.1K
$13.00Nov 130.610.71$0.6615.2%3060.532.6K
$12.00Nov 200.350.41$0.3815.8%10.4K0.306.7K
$12.50Nov 200.540.62$0.5813.8%720.401.2K
$13.00Nov 200.770.85$0.819.9%7400.517.4K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 42 found (avg delta 0.72, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.50Nov 62.152.63$2.3920.1%20.9943
$11.00Nov 61.652.17$1.9127.2%130.99142
$11.50Nov 61.201.63$1.4230.3%70.95--
$12.00Nov 60.701.00$0.8535.3%170.86701
$11.50Nov 131.342.47$1.9159.2%10.84--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$15.00Nov 61.572.31$1.9438.1%911.001.1K
$14.50Nov 61.351.92$1.6434.8%730.941.0K
$14.00Nov 61.051.31$1.1822.0%1930.903.2K
$15.00Nov 131.702.53$2.1139.3%20.88--
$15.00Nov 201.802.55$2.1734.6%50.85837

Most actively traded options today. High liquidity = easy entry/exit. 100 active (total vol 53.7K, top 10.4K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Nov 200.660.71$0.697.2%7.7K0.509.4K
$15.00Nov 200.130.17$0.1526.7%3.1K0.1614.4K
$14.00Nov 200.300.36$0.3318.2%2.4K0.305.6K
$12.50Nov 60.450.59$0.5226.9%2.3K0.67185
$13.50Nov 60.090.16$0.1353.8%1.9K0.241.5K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Nov 200.350.41$0.3815.8%10.4K0.306.7K
$13.50Nov 201.071.20$1.1411.4%9.5K0.613.7K
$12.00Nov 60.050.07$0.0633.3%7750.14623
$13.00Nov 200.770.85$0.819.9%7400.517.4K
$13.50Nov 60.690.90$0.8026.3%5710.762.1K

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 36.7%, max 44.8%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.50Nov 6Dec 1198.1%67.8%44.8%1.9K1.5K
$13.00Nov 6Dec 1888.8%64.5%37.6%1.4K40.6K
$12.50Nov 6Nov 2785.3%70.5%21.0%2.4K205
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$13.50Nov 6Dec 1198.1%67.8%44.8%5762.1K
$13.00Nov 6Dec 1888.8%64.5%37.6%47212.8K
$12.50Nov 6Dec 1185.3%63.5%34.4%4781.6K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 54 found (best R:R 0.67, avg 1.53)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$12.00$13.50Dec 11$0.70$0.80$0.7066%1.14$12.70
$12.00$12.50Nov 13$0.26$0.24$0.2674%0.92$12.26
$12.00$12.50Nov 6$0.33$0.17$0.3386%0.52$12.33
$13.00$14.00Dec 18$0.37$0.63$0.3752%1.70$13.37
$13.50$14.50Dec 11$0.30$0.70$0.3044%2.33$13.80
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$15.00$14.50Nov 6$0.30$0.20$0.30100%0.67$14.70
$15.00$14.00Nov 20$0.66$0.34$0.6685%0.52$14.34
$13.50$13.00Dec 4$0.19$0.31$0.1957%1.63$13.31
$13.50$13.00Nov 27$0.20$0.30$0.2059%1.50$13.30
$13.00$12.50Nov 27$0.19$0.31$0.1950%1.63$12.81

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 28 found (best R:R 1.27, avg 0.54)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$14.00$14.50Nov 27$0.28$0.28$0.2265%1.27$14.28
$13.50$14.00Nov 20$0.16$0.16$0.3460%0.47$13.66
$13.50$14.00Nov 13$0.12$0.12$0.3866%0.32$13.62
$14.00$14.50Nov 20$0.11$0.11$0.3970%0.28$14.11
$13.00$13.50Nov 13$0.18$0.18$0.3253%0.56$13.18
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$12.00$11.50Nov 20$0.23$0.23$0.2770%0.85$11.77
$11.50$11.00Nov 27$0.19$0.19$0.3175%0.61$11.31
$12.50$12.00Dec 11$0.28$0.28$0.2258%1.27$12.22
$12.00$11.00Dec 18$0.33$0.33$0.6766%0.49$11.67
$11.00$10.50Dec 4$0.15$0.15$0.3580%0.43$10.85

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.25, cheapest $0.23)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Nov 6Nov 13$0.2488.8%71.4%
$12.50Nov 6Nov 13$0.2985.3%71.4%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Nov 6Nov 13$0.2388.8%71.4%
$12.50Nov 6Nov 13$0.2485.3%71.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 26 found (cheapest 5.30% of stock, avg 12.50%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$13.00Nov 6$0.25$0.43$0.68$12.32$13.685.30%
$12.50Nov 6$0.52$0.18$0.70$11.80$13.205.45%
$12.00Nov 6$0.85$0.06$0.91$11.09$12.917.09%
$13.50Nov 6$0.13$0.80$0.93$12.57$14.437.24%
$13.00Nov 13$0.49$0.66$1.15$11.85$14.158.96%
$14.00Nov 6$0.04$1.18$1.22$12.78$15.229.50%
$12.50Nov 13$0.81$0.42$1.23$11.27$13.739.58%
$13.50Nov 13$0.31$0.96$1.27$12.23$14.779.89%
$12.00Nov 13$1.07$0.26$1.33$10.67$13.3310.36%
$12.50Nov 20$0.92$0.58$1.50$11.00$14.0011.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 100 found (cheapest 0.31% of stock, avg 5.67%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$14.50$11.50Nov 6$0.02$0.02$0.04$11.46$14.54
$14.00$11.50Nov 6$0.04$0.02$0.06$11.44$14.06
$14.50$12.00Nov 6$0.02$0.06$0.08$11.92$14.58
$14.00$12.00Nov 6$0.04$0.06$0.10$11.90$14.10
$15.00$11.00Nov 13$0.08$0.06$0.14$10.86$15.14
$13.50$11.50Nov 6$0.13$0.02$0.15$11.35$13.65
$14.50$11.00Nov 13$0.12$0.06$0.18$10.82$14.68
$13.50$12.00Nov 6$0.13$0.06$0.19$11.81$13.69
$15.00$11.50Nov 13$0.08$0.13$0.21$11.29$15.21
$15.00$10.50Nov 20$0.15$0.08$0.23$10.27$15.23

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 4 found (best R:R 2.13, avg credit $0.28)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
12/1214/14Nov 20$0.34$0.1640%2.13$11.66$14.34
12/1214/15Dec 11$0.29$0.2135%1.38$11.71$14.79
11/1214/15Dec 11$0.25$0.2542%1.00$11.25$14.75
12/1214/14Nov 13$0.25$0.2539%1.00$11.75$13.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 11.50, cheapest $0.06)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$11.00$12.00$13.00Dec 18$0.08$0.9227%11.50
$12.00$12.50$13.00Nov 6$0.06$0.4444%7.33
$13.00$14.00$15.00Dec 18$0.12$0.8824%7.33
$13.00$13.50$14.00Nov 13$0.06$0.4424%7.33
$12.50$13.00$13.50Nov 6$0.15$0.3542%2.33
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$13.00$14.00$15.00Dec 18$0.07$0.9324%13.29
$12.00$13.00$14.00Dec 18$0.14$0.8628%6.14
$12.50$13.00$13.50Nov 13$0.06$0.4427%7.33
$12.50$13.00$13.50Nov 6$0.12$0.3843%3.17
$12.00$12.50$13.00Nov 6$0.13$0.3744%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. 54 found (best net $-0.10, 48 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$13.501:2Dec 11-$0.10$1.40
$11.00$12.001:2Nov 27-$0.51$0.49
$12.00$12.501:2Nov 6-$0.19$0.31
$11.50$12.001:2Nov 6-$0.28$0.22
$11.50$12.001:2Nov 13-$0.23$0.27
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$15.00$14.001:2Nov 13-$0.59$0.41
$13.50$13.001:2Nov 6-$0.06$0.44
$13.00$12.001:2Dec 18-$0.19$0.81
$13.50$12.501:2Dec 11-$0.34$0.66
$12.50$12.001:2Nov 13-$0.10$0.40

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 25 found (best yield 5.06%, avg 3.04%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$14.00Dec 18$0.650.389.0%5.06%14.10%3555.0K
$13.00Dec 18$1.000.521.2%7.79%9.03%28240.3K
$15.00Dec 18$0.410.2716.8%3.19%20.02%59011.7K
$13.50Dec 11$0.700.445.1%5.45%10.59%5--
$13.00Dec 4$0.880.511.2%6.85%8.10%197
$14.50Dec 11$0.380.3112.9%2.96%15.89%1--
$15.00Dec 11$0.280.2616.8%2.18%19.00%1048
$13.50Nov 27$0.550.415.1%4.28%9.42%331151
$14.50Dec 4$0.330.2912.9%2.57%15.50%1--
$13.00Nov 27$0.700.501.2%5.45%6.70%12480

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 38,435
Total Puts 78,787
Put/Call Ratio 2.05
Net Difference -40,352

Prior's Put/Call Breakdown

Total Calls 10,033
Total Puts 8,961
Put/Call Ratio 0.89
Net Difference 1,072

Prior 7-Day Put/Call Summary

Total Calls 228,004
Total Puts 127,649
Average Put/Call Ratio 0.65
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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