Tour v393
CLF
CLEVELAND-CLIFFS INC
$10.97 +16.08%
7/23 09:40

Option Volume

Detail
Current (07/23 9:40am) 31,195
Calls: 27,636 (89%)
Puts: 3,559 (11%)
Prior --
Calls: 36,464 (68%)
Puts: 16,804 (32%)
Current vs Prior +0.00%
Calls: -24.21% (Calls)
Puts: -78.82% (Puts)
Prior 7-Day Total 168,013
Calls: 105,461 (63%)
Puts: 62,552 (37%)
Prior 7-Day Average 42,003
Calls: 15,065 (63%)
Puts: 8,936 (37%)
Current vs Prior 7-Day Avg -25.73%
Calls: +83.43%
Puts: -60.17%
Sentiment BULLISH

Dollar Volume

Detail
Current (07/23 9:40am) $1.34M
Calls: $1.18M (88%)
Puts: $161.7K (12%)
Prior --
Calls: $1.71M (56%)
Puts: $1.33M (44%)
Current vs Prior +0.00%
Calls: -31.18%
Puts: -87.87%
Prior 7-Day Total $8.17M
Calls: $5.10M (62%)
Puts: $3.06M (38%)
Prior 7-Day Average $2.04M
Calls: $729.0K (62%)
Puts: $437.4K (38%)
Current vs Prior 7-Day Avg -34.35%
Calls: +61.64%
Puts: -63.03%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (07/23 9:40am) 0.13
Prior 1.00
Current vs Prior -87.12%
Prior 7-Day Average 0.53
Current vs Prior 7-Day Avg -75.65%
Sentiment BULLISH

Open Interest

Detail
Current (07/23 9:40am) 755,394
Calls: 548,820 (73%)
Puts: 206,574 (27%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 2,767,612
Calls: 1,935,345 (70%)
Puts: 832,267 (30%)
Prior 7-Day Average 691,903
Calls: 483,836 (70%)
Puts: 208,066 (30%)
Current vs Prior 7-Day Avg +9.18%
Sentiment BEARISH

Expected Move

Detail
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 8.39% | 13.40%17.96% | 21.33%
Prior 11.76% | 14.19%20.02% | 24.58%
Current vs Prior -28.68% | -5.60%-10.30% | -13.21%
Prior 7-Day Avg 6.71% | 11.82%20.02% | 24.58%
Current vs 7-Day Avg +25.03% | +13.34%-10.30% | -13.21%
Prior 7-Day Eod 11.76% | 14.19%19.26% | 24.76%
Current vs 7-Day Eod -28.68% | -5.60%-6.76% | -13.86%
Sentiment BULLISHBULLISH

Relative Spread

Detail
Expiry | Next
Current 34.93% | 38.77%
Calls: 31.15% | 38.82%
Puts: 38.71% | 38.71%
Prior 12.66% | 14.38%
Calls: 13.46% | 18.75%
Puts: 11.86% | 10.00%
Current vs Prior +175.91% | +169.61%
Prior 7-Day Avg 26.74% | 9.77%
Calls: 32.19% | 11.40%
Puts: 21.29% | 8.13%
Current vs 7-Day Avg +30.64% | +296.96%
Liquidity Expensive
+
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🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($1.18M) vs puts ($161.7K). Extreme bullish P/C ratio of 0.13 - heavy call buying (27,636 calls vs 3,559 puts). P/C ratio dropping 87% - sentiment shifting bullish. Call-heavy open interest (548,820 calls vs 206,574 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 BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH
Sentiment Timeline (Today)
TimeSmart MoneyRetailOverall
09:40BULLISHBULLISHBULLISH
09:35BULLISHBULLISHBULLISH

📈 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 7.2%, best 6.3%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$10.00Aug 211.371.46$1.426.3%1410.725.5K
$10.00Jul 240.981.05$1.026.9%2.7K0.8924.2K
$11.00Aug 210.860.93$0.907.8%4820.5528.2K
$9.50Jul 241.461.58$1.527.9%2590.968.7K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 3 found (avg $0.57, cheapest $0.28)

CALLS (3)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Aug 210.260.30$0.2814.3%590.259.2K
$12.00Aug 210.490.56$0.5313.2%1.8K0.3818.2K
$11.00Aug 210.860.93$0.907.8%4820.5528.2K
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 45 found (avg delta 0.74, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 241.892.10$2.0010.5%6130.994.2K
$9.50Jul 241.461.58$1.527.9%2590.968.7K
$9.00Aug 71.702.30$2.0030.0%10.92249
$9.00Jul 311.792.24$2.0222.3%70.904.2K
$9.50Jul 311.471.73$1.6016.2%40.903.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.50Jul 240.343.25$1.80161.7%--0.9830
$13.00Jul 240.972.92$1.94100.5%20.9833
$12.00Jul 240.011.85$0.93197.8%--0.91380
$13.00Jul 311.402.55$1.9858.1%--0.9039
$12.50Jul 310.952.10$1.5375.2%--0.8249

Most actively traded options today. High liquidity = easy entry/exit. 69 active (total vol 28.2K, top 15.7K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Jul 240.050.07$0.0633.3%15.7K0.1230.2K
$10.00Jul 240.981.05$1.026.9%2.7K0.8924.2K
$12.00Aug 210.490.56$0.5313.2%1.8K0.3818.2K
$11.50Jul 240.060.16$0.1190.9%1.4K0.261.4K
$11.00Jul 240.290.36$0.3221.9%9970.528.1K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 240.250.37$0.3138.7%1.1K0.48340
$9.50Jul 240.010.02$0.0250.0%5600.044.2K
$9.00Jul 240.000.01$0.01100.0%3180.014.6K
$10.00Jul 240.030.08$0.0683.3%2950.121.1K
$10.50Jul 240.070.19$0.1392.3%920.25643

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 18 strikes (avg 78.0%, max 135.0%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 24Aug 28127.9%55.0%132.8%1522.8K
$9.50Jul 24Aug 28145.8%71.5%104.0%2618.8K
$10.00Jul 24Aug 28142.4%70.1%103.1%2.8K24.3K
$13.00Jul 24Aug 28163.2%91.8%77.7%1801.1K
$9.00Jul 24Aug 28158.5%93.3%69.9%6134.2K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 24Aug 28129.1%55.0%135.0%103650
$13.00Jul 24Aug 21162.4%73.7%120.4%3745
$10.00Jul 24Aug 28143.4%70.1%104.5%2951.1K
$9.50Jul 24Aug 21145.8%71.8%103.1%5604.3K
$12.50Jul 24Aug 21131.3%67.1%95.6%--55

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 7.33, avg 1.66)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.50$12.00Jul 31$0.15$0.35$0.152.33$11.65
$11.50$12.00Aug 21$0.17$0.33$0.171.94$11.67
$11.00$11.50Aug 28$0.18$0.32$0.181.78$11.18
$12.00$12.50Aug 21$0.19$0.31$0.191.63$12.19
$11.00$11.50Jul 31$0.20$0.30$0.201.50$11.20
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$9.00Aug 28$0.12$0.88$0.127.33$9.88
$9.50$9.00Aug 7$0.11$0.39$0.113.55$9.39
$9.50$9.00Aug 21$0.11$0.39$0.113.55$9.39
$13.00$12.50Jul 24$0.14$0.36$0.142.57$12.86
$10.00$9.50Aug 21$0.15$0.35$0.152.33$9.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 42 found (best R:R 4.00, avg 1.49)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$9.00$9.50Aug 21$0.40$0.40$0.104.00$9.40
$12.50$13.00Aug 14$0.39$0.39$0.113.55$12.89
$9.50$10.00Aug 7$0.38$0.38$0.123.17$9.88
$9.50$10.00Aug 28$0.37$0.37$0.132.85$9.87
$10.00$10.50Aug 28$0.37$0.37$0.132.85$10.37
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$10.00$9.50Aug 14$0.39$0.39$0.113.55$9.61
$13.00$12.50Aug 21$0.38$0.38$0.123.17$12.62
$10.50$10.00Jul 31$0.37$0.37$0.132.85$10.13
$12.00$11.50Aug 21$0.35$0.35$0.152.33$11.65
$10.00$9.50Aug 7$0.34$0.34$0.162.13$9.66

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 13 found (avg debit $0.20, cheapest $0.07)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Jul 24Jul 31$0.08145.8%83.1%
$12.50Jul 24Jul 31$0.11132.0%88.8%
$10.00Jul 24Jul 31$0.13142.4%81.4%
$12.00Jul 24Jul 31$0.13120.3%83.5%
$11.00Jul 24Jul 31$0.22118.0%89.6%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Jul 24Jul 31$0.07145.8%83.1%
$9.00Jul 24Jul 31$0.09158.5%110.5%
$10.00Jul 24Jul 31$0.12143.4%81.4%
$11.00Jul 24Jul 31$0.31119.9%89.6%
$12.00Jul 24Jul 31$0.40119.4%83.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 43 found (cheapest 5.74% of stock, avg 16.38%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.00Jul 24$0.32$0.31$0.63$10.37$11.635.74%
$10.50Jul 24$0.61$0.13$0.74$9.76$11.246.75%
$11.50Jul 24$0.11$0.87$0.98$10.52$12.488.93%
$12.00Jul 24$0.06$0.93$0.99$11.01$12.999.02%
$11.50Jul 31$0.34$0.70$1.04$10.46$12.549.48%
$10.00Jul 24$1.02$0.06$1.08$8.92$11.089.85%
$11.00Jul 31$0.54$0.62$1.16$9.84$12.1610.57%
$10.00Jul 31$1.15$0.18$1.33$8.67$11.3312.12%
$11.00Aug 7$0.66$0.73$1.39$9.61$12.3912.67%
$10.50Jul 31$0.85$0.55$1.40$9.10$11.9012.76%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 100 found (cheapest 0.73% of stock, avg 7.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.50$10.00Jul 24$0.02$0.06$0.08$9.92$12.58
$12.00$10.00Jul 24$0.06$0.06$0.12$9.88$12.12
$12.50$10.50Jul 24$0.02$0.13$0.15$10.35$12.65
$13.00$9.50Jul 31$0.06$0.09$0.15$9.35$13.15
$13.00$9.00Jul 31$0.06$0.10$0.16$8.84$13.16
$11.50$10.00Jul 24$0.11$0.06$0.17$9.83$11.67
$12.00$10.50Jul 24$0.06$0.13$0.19$10.31$12.19
$12.50$9.50Jul 31$0.13$0.09$0.22$9.28$12.72
$12.50$9.00Jul 31$0.13$0.10$0.23$8.77$12.73
$11.50$10.50Jul 24$0.11$0.13$0.24$10.26$11.74

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 5.00, avg credit $0.41)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
10/1212/13Aug 14$1.25$0.255.00$10.75$13.75
9/1010/10Aug 21$0.39$0.113.55$9.11$10.39
10/1010/11Aug 21$0.39$0.113.55$9.61$10.89
9/1010/11Aug 21$0.35$0.152.33$9.15$10.85
10/1011/12Aug 21$0.35$0.152.33$9.65$11.35
10/1012/12Aug 21$0.34$0.162.12$9.66$12.34
10/1012/12Aug 21$0.32$0.181.78$9.68$11.82
9/1011/12Aug 21$0.31$0.191.63$9.19$11.31
9/1012/12Aug 21$0.30$0.201.50$9.20$12.30
9/1012/12Aug 21$0.28$0.221.27$9.22$11.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 25 found (best R:R 5.25, cheapest $0.08)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$10.50$11.00$11.50Jul 24$0.08$0.425.25
$9.50$10.00$10.50Aug 14$0.08$0.425.25
$9.50$10.00$10.50Jul 24$0.09$0.414.56
$11.50$12.00$12.50Jul 31$0.09$0.414.56
$9.00$9.50$10.00Aug 21$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$9.00$9.50$10.00Jul 31$0.10$0.404.00
$10.00$10.50$11.00Jul 24$0.11$0.393.55
$9.00$9.50$10.00Aug 7$0.23$0.271.17
$10.00$10.50$11.00Aug 7$0.24$0.261.08
$12.00$12.50$13.00Jul 31$0.25$0.251.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 33 found (best net $-0.41, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$12.501:2Jul 31-$0.07$0.43
$11.00$11.501:2Jul 31-$0.14$0.36
$12.00$12.501:2Aug 21-$0.15$0.35
$11.50$12.001:2Aug 28-$0.18$0.32
$10.00$10.501:2Jul 24-$0.20$0.30
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$10.00$9.001:2Aug 28-$0.41$0.59
$12.50$12.001:2Jul 24-$0.06$0.44
$9.50$9.001:2Aug 21-$0.06$0.44
$12.00$11.501:2Jul 31-$0.07$0.43
$9.50$9.001:2Jul 31-$0.11$0.39

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 20 found (best yield 7.84%, avg 3.28%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$11.00Aug 21$0.860.550.3%7.84%8.11%48228.2K
$11.00Aug 28$0.850.500.3%7.75%8.02%154
$11.50Aug 21$0.610.464.8%5.56%10.39%132.6K
$11.00Aug 14$0.560.520.3%5.10%5.38%699
$11.00Aug 7$0.520.510.3%4.74%5.01%10198
$12.00Aug 21$0.490.389.4%4.47%13.86%1.8K18.2K
$11.00Jul 31$0.480.500.3%4.38%4.65%711.6K
$12.00Sep 4$0.480.449.4%4.38%13.76%1--
$11.50Aug 28$0.470.434.8%4.28%9.12%545
$11.00Jul 24$0.290.520.3%2.64%2.92%9978.1K

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 27,636
Total Puts 3,559
Put/Call Ratio 0.13
Net Difference 24,077

Prior's Put/Call Breakdown

Total Calls 36,464
Total Puts 16,804
Put/Call Ratio 1.00
Net Difference 19,660

Prior 7-Day Put/Call Summary

Total Calls 105,461
Total Puts 62,552
Average Put/Call Ratio 0.53
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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