Tour v393
CLF
CLEVELAND-CLIFFS INC
$11.02 +16.56%
(7/23 09:40) ◀
|
Thursday, July 23, 2026 (9:45am)
January 2026
|
▶ (7/23 09:50)
◀ 7/23 09:45 ▶

Option Volume

Detail
ℹ
Current (07/23 9:45am) 45,611
Calls: 41,137 (90%)
Puts: 4,474 (10%)
Prior --
Calls: 36,464 (68%)
Puts: 16,804 (32%)
Current vs Prior +0.00%
Calls: +12.82% (Calls)
Puts: -73.38% (Puts)
Prior 7-Day Total 199,208
Calls: 133,097 (67%)
Puts: 66,111 (33%)
Prior 7-Day Average 39,841
Calls: 19,013 (67%)
Puts: 9,444 (33%)
Current vs Prior 7-Day Avg +14.48%
Calls: +116.35%
Puts: -52.63%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (07/23 9:45am) $2.89M
Calls: $2.61M (90%)
Puts: $282.0K (10%)
Prior --
Calls: $1.71M (56%)
Puts: $1.33M (44%)
Current vs Prior +0.00%
Calls: +52.33%
Puts: -78.85%
Prior 7-Day Total $9.51M
Calls: $6.28M (66%)
Puts: $3.22M (34%)
Prior 7-Day Average $1.90M
Calls: $897.4K (66%)
Puts: $460.5K (34%)
Current vs Prior 7-Day Avg +52.02%
Calls: +190.63%
Puts: -38.77%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (07/23 9:45am) 0.11
Prior 1.00
Current vs Prior -89.12%
Prior 7-Day Average 0.45
Current vs Prior 7-Day Avg -75.77%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (07/23 9:45am) 755,394
Calls: 548,820 (73%)
Puts: 206,574 (27%)
Prior --
Calls: -- (--)
Puts: -- (--)
Current vs Prior +0.00%
Prior 7-Day Total 3,523,006
Calls: 2,484,165 (71%)
Puts: 1,038,841 (29%)
Prior 7-Day Average 704,601
Calls: 496,833 (71%)
Puts: 207,768 (29%)
Current vs Prior 7-Day Avg +7.21%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)
Current 9.71% | 10.34%23.23% | 22.14%
Prior 11.76% | 14.19%20.02% | 24.58%
Current vs Prior -17.42% | -27.12%+16.03% | -9.91%
Prior 7-Day Avg 6.71% | 11.82%20.02% | 24.58%
Current vs 7-Day Avg +44.76% | -12.50%+16.03% | -9.91%
Prior 7-Day Eod 11.76% | 14.19%19.26% | 24.76%
Current vs 7-Day Eod -17.42% | -27.12%+20.62% | -10.58%
Sentiment BULLISHBEARISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 35.71% | 38.61%
Calls: 32.35% | 26.32%
Puts: 39.07% | 50.91%
Prior 12.66% | 14.38%
Calls: 13.46% | 18.75%
Puts: 11.86% | 10.00%
Current vs Prior +182.07% | +168.50%
Prior 7-Day Avg 26.74% | 9.77%
Calls: 32.19% | 11.40%
Puts: 21.29% | 8.13%
Current vs 7-Day Avg +33.56% | +295.32%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 90% of dollar volume in calls ($2.61M) vs puts ($282.0K). Dollar volume significantly above 7-day average (52% higher). Extreme bullish P/C ratio of 0.11 - heavy call buying (41,137 calls vs 4,474 puts). P/C ratio dropping 89% - sentiment shifting bullish.

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
09:45BULLISHBULLISHBULLISH
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 7.0%, best 5.4%)

CALLS (4)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 241.992.10$2.055.4%6170.994.2K
$11.00Aug 210.890.95$0.926.5%2.0K0.5428.2K
$10.00Aug 211.451.55$1.506.7%1.4K0.725.5K
$12.00Aug 210.500.55$0.539.4%2.1K0.3818.2K
PUTS (0)
No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 5 found (avg $0.68, cheapest $0.31)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Aug 210.280.34$0.3119.4%870.259.2K
$12.00Aug 210.500.55$0.539.4%2.1K0.3818.2K
$10.50Jul 240.630.73$0.6814.7%2280.772.8K
$11.00Aug 210.890.95$0.926.5%2.0K0.5428.2K
$11.00Aug 280.871.06$0.9719.6%410.5054
PUTS (0)
No puts meet the criteria

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 47 found (avg delta 0.74, highest 1.00)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$9.00Jul 241.992.10$2.055.4%6170.994.2K
$9.50Jul 241.471.65$1.5611.5%3100.978.7K
$9.00Jul 311.962.44$2.2021.8%90.954.2K
$10.00Jul 241.041.16$1.1010.9%3.0K0.9124.2K
$9.50Jul 311.571.83$1.7015.3%1.0K0.913.7K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$13.00Jul 240.972.92$1.94100.5%21.0033
$12.50Jul 241.231.69$1.4631.5%20.9730
$12.00Jul 240.231.84$1.04154.8%10.94380
$13.00Jul 311.402.55$1.9858.1%--0.9339
$12.50Jul 310.952.10$1.5375.2%--0.8649

Most actively traded options today. High liquidity = easy entry/exit. 74 active (total vol 39.8K, top 15.9K)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$12.00Jul 240.010.07$0.04150.0%15.9K0.1230.2K
$10.00Jul 311.051.35$1.2025.0%3.1K0.834.8K
$10.00Jul 241.041.16$1.1010.9%3.0K0.9124.2K
$12.00Aug 210.500.55$0.539.4%2.1K0.3818.2K
$11.00Aug 210.890.95$0.926.5%2.0K0.5428.2K
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$11.00Jul 240.160.34$0.2572.0%1.1K0.45340
$9.50Jul 240.000.03$0.02150.0%6290.044.2K
$9.00Jul 240.000.01$0.01100.0%4410.014.6K
$10.00Jul 240.020.06$0.04100.0%3090.091.1K
$9.50Jul 310.050.10$0.0862.5%1000.10484

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 74.4%, max 147.9%)

CALLS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 24Aug 28136.4%55.0%147.9%2282.8K
$9.50Jul 24Aug 28150.2%72.1%108.3%3128.8K
$10.00Jul 24Aug 28136.2%72.9%87.0%3.0K24.3K
$9.00Jul 24Aug 28162.3%93.9%72.9%6174.2K
$13.00Jul 24Aug 28140.1%91.1%53.8%1821.1K
PUTS (5)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$10.50Jul 24Aug 28136.4%55.0%147.9%108650
$9.50Jul 24Aug 21150.2%71.6%109.9%6294.3K
$12.50Jul 24Aug 21138.6%67.8%104.2%255
$10.00Jul 24Aug 28136.2%72.9%87.0%3091.1K
$9.00Jul 24Aug 28162.3%93.9%72.9%4434.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 33 found (best R:R 5.67, avg 1.76)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$11.50$12.00Jul 24$0.12$0.38$0.123.17$11.62
$12.50$13.00Aug 28$0.13$0.37$0.132.85$12.63
$11.50$12.00Jul 31$0.16$0.34$0.162.13$11.66
$11.00$11.50Aug 28$0.17$0.33$0.171.94$11.17
$11.00$11.50Jul 24$0.18$0.32$0.181.78$11.18
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossR:RBE
$10.00$9.00Aug 28$0.15$0.85$0.155.67$9.85
$11.00$10.50Jul 24$0.12$0.38$0.123.17$10.88
$9.50$9.00Aug 21$0.12$0.38$0.123.17$9.38
$11.50$11.00Jul 31$0.13$0.37$0.132.85$11.37
$10.00$9.50Aug 7$0.14$0.36$0.142.57$9.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 44 found (best R:R 4.00, avg 1.32)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$11.50$12.00Aug 14$0.40$0.40$0.104.00$11.90
$12.50$13.00Aug 14$0.39$0.39$0.113.55$12.89
$10.50$11.00Aug 21$0.36$0.36$0.142.57$10.86
$9.00$9.50Aug 7$0.35$0.35$0.152.33$9.35
$10.00$10.50Aug 28$0.35$0.35$0.152.33$10.35
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossR:RBE
$13.00$11.50Aug 28$1.19$1.19$0.313.84$11.81
$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
$12.00$11.50Aug 21$0.34$0.34$0.162.13$11.66
$11.50$10.50Aug 28$0.68$0.68$0.322.13$10.82

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $0.15, cheapest $0.06)

CALLS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$13.00Jul 24Jul 31$0.07140.1%82.6%
$10.00Jul 24Jul 31$0.10136.2%83.3%
$12.50Jul 24Jul 31$0.10138.6%79.9%
$9.50Jul 24Jul 31$0.14150.2%87.4%
$9.00Jul 24Jul 31$0.15162.3%93.2%
PUTS (5)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$9.50Jul 24Jul 31$0.06150.2%87.4%
$12.50Jul 24Jul 31$0.07138.6%79.9%
$10.00Jul 24Jul 31$0.10136.2%83.3%
$11.00Jul 24Jul 31$0.19111.2%75.1%
$10.50Jul 24Jul 31$0.24136.4%96.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 44 found (cheapest 5.35% of stock, avg 16.57%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$11.00Jul 24$0.34$0.25$0.59$10.41$11.595.35%
$10.50Jul 24$0.68$0.13$0.81$9.69$11.317.35%
$11.50Jul 24$0.16$0.73$0.89$10.61$12.398.08%
$11.50Jul 31$0.36$0.57$0.93$10.57$12.438.44%
$11.00Jul 31$0.57$0.44$1.01$9.99$12.019.17%
$12.00Jul 24$0.04$1.04$1.08$10.92$13.089.80%
$10.00Jul 24$1.10$0.04$1.14$8.86$11.1410.34%
$10.50Jul 31$0.89$0.37$1.26$9.24$11.7611.43%
$10.00Jul 31$1.20$0.14$1.34$8.66$11.3412.16%
$11.50Aug 7$0.47$0.89$1.36$10.14$12.8612.34%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 97 found (cheapest 0.64% of stock, avg 6.92%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$12.50$10.00Jul 24$0.03$0.04$0.07$9.93$12.57
$12.00$10.00Jul 24$0.04$0.04$0.08$9.92$12.08
$13.00$9.00Jul 31$0.08$0.04$0.12$8.88$13.12
$12.50$10.50Jul 24$0.03$0.13$0.16$10.34$12.66
$13.00$9.50Jul 31$0.08$0.08$0.16$9.34$13.16
$12.00$10.50Jul 24$0.04$0.13$0.17$10.33$12.17
$12.50$9.00Jul 31$0.13$0.04$0.17$8.83$12.67
$11.50$10.00Jul 24$0.16$0.04$0.20$9.80$11.70
$12.50$9.50Jul 31$0.13$0.08$0.21$9.29$12.71
$13.00$10.00Jul 31$0.08$0.14$0.22$9.78$13.22

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 17 found (best R:R 5.00, avg credit $0.42)

Put SpreadCall SpreadExpiryCreditMax LossR:RBE LowBE High
10/1212/13Aug 14$1.25$0.255.00$10.75$13.75
10/1212/13Aug 28$0.81$0.194.26$10.69$13.31
10/1012/12Jul 31$0.39$0.113.55$10.11$11.89
10/1012/12Aug 7$0.38$0.123.17$9.62$11.88
10/1011/12Aug 7$0.37$0.132.85$9.63$11.37
10/1011/12Aug 21$0.34$0.162.13$9.66$11.34
9/1010/10Aug 21$0.34$0.162.12$9.16$10.34
10/1012/12Aug 21$0.33$0.171.94$9.67$11.83
9/1011/12Aug 21$0.32$0.181.78$9.18$11.32
10/1012/12Aug 21$0.32$0.181.78$9.68$12.32

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 32 found (best R:R 9.00, cheapest $0.05)

CALLS (5)
LowMidHighExpiryDebitMax GainR:R
$11.00$11.50$12.00Jul 31$0.05$0.459.00
$11.00$11.50$12.00Jul 24$0.06$0.447.33
$10.00$10.50$11.00Jul 24$0.08$0.425.25
$10.50$11.00$11.50Aug 7$0.08$0.425.25
$11.50$12.00$12.50Jul 31$0.09$0.414.56
PUTS (5)
LowMidHighExpiryDebitMax GainR:R
$9.00$9.50$10.00Aug 7$0.05$0.459.00
$12.00$12.50$13.00Jul 24$0.06$0.447.33
$10.50$11.00$11.50Jul 31$0.06$0.447.33
$9.50$10.00$10.50Jul 24$0.07$0.436.14
$11.50$12.00$12.50Jul 24$0.11$0.393.55

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 31 found (best net $-0.18, 21 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$12.00$12.501:2Jul 31-$0.06$0.44
$11.00$11.501:2Jul 31-$0.15$0.35
$12.00$12.501:2Aug 21-$0.17$0.33
$11.50$12.001:2Aug 28-$0.18$0.32
$11.00$11.501:2Aug 7-$0.24$0.26
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$13.00$11.501:2Aug 28-$0.18$1.32
$10.00$9.001:2Aug 28-$0.38$0.62
$11.50$11.001:2Aug 21-$0.10$0.40
$10.00$9.501:2Aug 21-$0.14$0.36
$10.50$10.001:2Aug 7-$0.15$0.35

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 5.81%, avg 2.55%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$11.50Aug 21$0.640.464.4%5.81%10.16%1.5K2.6K
$12.00Aug 21$0.500.388.9%4.54%13.43%2.1K18.2K
$12.00Sep 4$0.480.458.9%4.36%13.25%1--
$11.50Aug 28$0.470.434.4%4.26%8.62%545
$11.50Jul 31$0.310.414.4%2.81%7.17%78177
$13.00Aug 21$0.280.2518.0%2.54%20.51%879.2K
$12.50Aug 21$0.220.2913.4%2.00%15.43%152.1K
$12.00Aug 14$0.200.358.9%1.81%10.71%17358
$11.50Aug 14$0.190.484.4%1.72%6.08%1104
$11.50Aug 7$0.170.414.4%1.54%5.90%3272

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 41,137
Total Puts 4,474
Put/Call Ratio 0.11
Net Difference 36,663

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 133,097
Total Puts 66,111
Average Put/Call Ratio 0.45
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All