CLF - Options Database

CLF

CLEVELAND-CLIFFS INC

$11.14 +17.83%

(7/23 09:50) ◀

Thursday, July 23, 2026 (9:55am)

▶ (7/23 10:00)

◀ 7/23 09:55 ▶

Option Volume

Detail

ℹ

Current (07/23 9:55am) 53,414

Calls: 46,888 (88%)

Puts: 6,526 (12%)

Prior --

Calls: 36,464 (68%)

Puts: 16,804 (32%)

Current vs Prior +0.00%

Calls: +28.59% (Calls)

Puts: -61.16% (Puts)

Prior 7-Day Total 293,922

Calls: 217,728 (74%)

Puts: 76,194 (26%)

Prior 7-Day Average 41,988

Calls: 31,104 (74%)

Puts: 10,884 (26%)

Current vs Prior 7-Day Avg +27.21%

Calls: +50.75%

Puts: -40.05%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 9:55am) $3.62M

Calls: $3.30M (91%)

Puts: $329.0K (9%)

Prior --

Calls: $1.71M (56%)

Puts: $1.33M (44%)

Current vs Prior +0.00%

Calls: +92.49%

Puts: -75.32%

Prior 7-Day Total $15.52M

Calls: $11.69M (75%)

Puts: $3.83M (25%)

Prior 7-Day Average $2.22M

Calls: $1.67M (75%)

Puts: $547.4K (25%)

Current vs Prior 7-Day Avg +63.49%

Calls: +97.39%

Puts: -39.90%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/23 9:55am) 0.14

Prior 1.00

Current vs Prior -86.08%

Prior 7-Day Average 0.35

Current vs Prior 7-Day Avg -60.75%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 9:55am) 755,394

Calls: 548,820 (73%)

Puts: 206,574 (27%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

Prior 7-Day Total 5,033,794

Calls: 3,581,805 (71%)

Puts: 1,451,989 (29%)

Prior 7-Day Average 719,113

Calls: 511,686 (71%)

Puts: 207,427 (29%)

Current vs Prior 7-Day Avg +5.05%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 9.96% | 11.49%18.85% | 21.45%

Prior 11.76% | 14.19%20.02% | 24.58%

Current vs Prior -15.26% | -19.05%-5.84% | -12.70%

Prior 7-Day Avg 6.71% | 11.82%20.02% | 24.58%

Current vs 7-Day Avg +48.55% | -2.82%-5.84% | -12.70%

Prior 7-Day Eod 11.76% | 14.19%19.26% | 24.76%

Current vs 7-Day Eod -15.26% | -19.05%-2.12% | -13.36%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 26.73% | 36.14%

Calls: 15.79% | 19.64%

Puts: 37.67% | 52.63%

Prior 12.66% | 14.38%

Calls: 13.46% | 18.75%

Puts: 11.86% | 10.00%

Current vs Prior +111.14% | +151.32%

Prior 7-Day Avg 26.74% | 9.77%

Calls: 32.19% | 11.40%

Puts: 21.29% | 8.13%

Current vs 7-Day Avg -0.02% | +270.03%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 91% of dollar volume in calls ($3.30M) vs puts ($329.0K). Dollar volume significantly above 7-day average (63% higher). Extreme bullish P/C ratio of 0.14 - heavy call buying (46,888 calls vs 6,526 puts). P/C ratio dropping 86% - 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)

Time	Smart Money	Retail	Overall
09:55	BULLISH	BULLISH	BULLISH
09:50	BULLISH	BULLISH	BULLISH
09:45	BULLISH	BULLISH	BULLISH
09:40	BULLISH	BULLISH	BULLISH
09:35	BULLISH	BULLISH	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

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Tightest Spreads

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Best Value <$1

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 9 of results (avg 7.4%, best 4.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	2.27	2.38	$2.33	4.7%	84	0.87	5.4K
$10.00	Aug 21	1.52	1.61	$1.57	5.7%	2.0K	0.74	5.5K
$13.00	Aug 21	0.29	0.31	$0.30	6.7%	280	0.25	9.2K
$10.00	Jul 24	1.12	1.20	$1.16	6.9%	4.1K	0.94	24.2K
$12.00	Aug 21	0.53	0.57	$0.55	7.3%	2.3K	0.39	18.2K

PUTS (0)

No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 11 found (avg $0.52, cheapest $0.16)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$11.50	Jul 24	0.17	0.19	$0.18	11.1%	2.5K	0.35	1.4K
$13.00	Aug 21	0.29	0.31	$0.30	6.7%	280	0.25	9.2K
$11.50	Jul 31	0.32	0.36	$0.34	11.8%	101	0.41	177
$11.00	Jul 24	0.35	0.41	$0.38	15.8%	2.1K	0.58	8.1K
$12.00	Aug 21	0.53	0.57	$0.55	7.3%	2.3K	0.39	18.2K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	0.14	0.17	$0.16	18.8%	245	0.13	2.0K
$11.00	Aug 21	0.73	0.86	$0.80	16.2%	23	0.44	982

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 47 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Jul 24	2.09	2.31	$2.20	10.0%	646	1.00	4.2K
$9.50	Jul 24	1.54	1.74	$1.64	12.2%	643	1.00	8.7K
$9.00	Aug 14	1.83	3.25	$2.54	55.9%	--	0.96	29
$10.00	Jul 24	1.12	1.20	$1.16	6.9%	4.1K	0.94	24.2K
$9.00	Jul 31	1.96	2.25	$2.11	13.7%	9	0.93	4.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$13.00	Jul 24	0.97	2.92	$1.94	100.5%	2	0.98	33
$12.50	Jul 24	1.23	1.69	$1.46	31.5%	2	0.93	30
$13.00	Jul 31	1.40	2.55	$1.98	58.1%	--	0.90	39
$12.00	Jul 24	0.70	1.21	$0.96	53.1%	3	0.83	380
$12.50	Jul 31	0.95	2.10	$1.53	75.2%	--	0.82	49

Most actively traded options today. High liquidity = easy entry/exit. 83 active (total vol 45.9K, top 16.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$12.00	Jul 24	0.06	0.08	$0.07	28.6%	16.1K	0.16	30.2K
$10.00	Jul 24	1.12	1.20	$1.16	6.9%	4.1K	0.94	24.2K
$10.00	Jul 31	1.18	1.30	$1.24	9.7%	3.1K	0.83	4.8K
$11.00	Aug 21	0.92	0.99	$0.96	7.3%	2.7K	0.56	28.2K
$11.50	Jul 24	0.17	0.19	$0.18	11.1%	2.5K	0.35	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$11.00	Jul 24	0.20	0.30	$0.25	40.0%	1.1K	0.42	340
$9.00	Jul 24	0.00	0.01	$0.01	100.0%	1.1K	0.01	4.6K
$9.50	Jul 24	0.00	0.02	$0.01	200.0%	644	0.03	4.2K
$10.50	Jul 24	0.08	0.11	$0.10	30.0%	425	0.20	643
$10.00	Jul 24	0.02	0.04	$0.03	66.7%	313	0.08	1.1K

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 76.6%, max 115.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$10.50	Jul 24	Aug 28	123.5%	57.2%	115.9%	297	2.8K
$9.50	Jul 24	Aug 28	142.8%	73.7%	93.7%	647	8.8K
$11.50	Jul 24	Sep 4	130.4%	69.7%	87.0%	2.5K	1.4K
$10.00	Jul 24	Aug 28	130.3%	74.7%	74.3%	4.1K	24.3K
$9.00	Jul 24	Aug 28	165.1%	95.4%	73.1%	646	4.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$10.50	Jul 24	Aug 28	123.5%	57.2%	115.9%	436	650
$9.50	Jul 24	Aug 21	142.8%	73.5%	94.2%	681	4.3K
$12.50	Jul 24	Aug 21	129.9%	71.4%	82.0%	2	55
$12.00	Jul 24	Aug 21	127.1%	70.9%	79.5%	23	2.4K
$11.50	Jul 24	Aug 28	130.4%	73.0%	78.6%	1	209

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 31 found (best R:R 5.67, avg 1.83)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$11.50	$12.00	Jul 24	$0.11	$0.39	$0.11	3.55	$11.61
$12.50	$13.00	Aug 21	$0.12	$0.38	$0.12	3.17	$12.62
$12.00	$12.50	Jul 31	$0.13	$0.37	$0.13	2.85	$12.13
$11.50	$12.00	Aug 7	$0.13	$0.37	$0.13	2.85	$11.63
$12.00	$12.50	Aug 21	$0.13	$0.37	$0.13	2.85	$12.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$10.00	$9.00	Aug 28	$0.15	$0.85	$0.15	5.67	$9.85
$9.50	$9.00	Aug 21	$0.12	$0.38	$0.12	3.17	$9.38
$10.50	$10.00	Jul 31	$0.14	$0.36	$0.14	2.57	$10.36
$11.00	$10.50	Jul 24	$0.15	$0.35	$0.15	2.33	$10.85
$11.00	$10.50	Jul 31	$0.16	$0.34	$0.16	2.13	$10.84

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 10.54, avg 1.55)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$9.50	$10.00	Jul 31	$0.40	$0.40	$0.10	4.00	$9.90
$10.00	$10.50	Aug 7	$0.40	$0.40	$0.10	4.00	$10.40
$12.50	$13.00	Aug 14	$0.39	$0.39	$0.11	3.55	$12.89
$10.50	$11.00	Jul 24	$0.36	$0.36	$0.14	2.57	$10.86
$11.00	$11.50	Aug 7	$0.36	$0.36	$0.14	2.57	$11.36

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$13.00	$11.50	Aug 28	$1.37	$1.37	$0.13	10.54	$11.63
$10.00	$9.50	Aug 14	$0.39	$0.39	$0.11	3.55	$9.61
$11.50	$10.50	Aug 28	$0.68	$0.68	$0.32	2.13	$10.82
$11.50	$11.00	Aug 7	$0.34	$0.34	$0.16	2.12	$11.16
$11.50	$11.00	Aug 21	$0.34	$0.34	$0.16	2.12	$11.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 11 found (avg debit $0.15, cheapest $0.07)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$10.00	Jul 24	Jul 31	$0.08	130.3%	78.9%
$12.50	Jul 24	Jul 31	$0.09	129.9%	78.5%
$10.50	Jul 24	Jul 31	$0.10	123.5%	81.2%
$11.50	Jul 24	Jul 31	$0.16	130.4%	74.1%
$11.00	Jul 24	Jul 31	$0.18	118.7%	73.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$12.50	Jul 24	Jul 31	$0.07	129.9%	78.5%
$10.00	Jul 24	Jul 31	$0.10	130.3%	78.9%
$10.50	Jul 24	Jul 31	$0.17	123.5%	81.2%
$11.00	Jul 24	Jul 31	$0.18	118.7%	73.5%
$12.00	Jul 24	Jul 31	$0.34	127.1%	83.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 45 found (cheapest 5.66% of stock, avg 15.95%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$11.00	Jul 24	$0.38	$0.25	$0.63	$10.37	$11.63	5.66%
$10.50	Jul 24	$0.74	$0.10	$0.84	$9.66	$11.34	7.54%
$11.50	Jul 24	$0.18	$0.73	$0.91	$10.59	$12.41	8.17%
$11.00	Jul 31	$0.56	$0.43	$0.99	$10.01	$11.99	8.89%
$12.00	Jul 24	$0.07	$0.96	$1.03	$10.97	$13.03	9.25%
$11.50	Jul 31	$0.34	$0.72	$1.06	$10.44	$12.56	9.52%
$10.50	Jul 31	$0.84	$0.27	$1.11	$9.39	$11.61	9.96%
$10.00	Jul 24	$1.16	$0.03	$1.19	$8.81	$11.19	10.68%
$11.50	Aug 7	$0.39	$0.83	$1.22	$10.28	$12.72	10.95%
$11.00	Aug 7	$0.75	$0.49	$1.24	$9.76	$12.24	11.13%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 101 found (cheapest 0.54% of stock, avg 6.21%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$12.50	$10.00	Jul 24	$0.03	$0.03	$0.06	$9.94	$12.56
$12.00	$10.00	Jul 24	$0.07	$0.03	$0.10	$9.90	$12.10
$13.00	$9.00	Jul 31	$0.06	$0.04	$0.10	$8.90	$13.10
$13.00	$9.50	Jul 31	$0.06	$0.06	$0.12	$9.38	$13.12
$12.50	$10.50	Jul 24	$0.03	$0.10	$0.13	$10.37	$12.63
$12.50	$9.00	Jul 31	$0.12	$0.04	$0.16	$8.84	$12.66
$12.00	$10.50	Jul 24	$0.07	$0.10	$0.17	$10.33	$12.17
$12.50	$9.50	Jul 31	$0.12	$0.06	$0.18	$9.32	$12.68
$13.00	$10.00	Jul 31	$0.06	$0.13	$0.19	$9.81	$13.19
$11.50	$10.00	Jul 24	$0.18	$0.03	$0.21	$9.79	$11.71

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 19 found (best R:R 3.55, avg credit $0.33)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
10/11	12/12	Aug 21	$0.39	$0.11	3.55	$10.61	$12.39
9/10	10/11	Aug 21	$0.38	$0.12	3.17	$9.12	$10.88
9/10	11/12	Aug 21	$0.38	$0.12	3.17	$9.12	$11.38
10/11	12/13	Aug 21	$0.38	$0.12	3.17	$10.62	$12.88
10/10	11/12	Jul 31	$0.36	$0.14	2.57	$10.14	$11.36
10/11	12/12	Aug 7	$0.36	$0.14	2.57	$10.64	$11.86
10/10	12/12	Aug 21	$0.31	$0.19	1.63	$10.19	$11.81
10/11	12/12	Jul 31	$0.29	$0.21	1.38	$10.71	$12.29
10/10	12/12	Aug 21	$0.29	$0.21	1.38	$10.21	$12.29
10/10	12/13	Aug 21	$0.28	$0.22	1.27	$10.22	$12.78

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 40 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$11.50	$12.00	$12.50	Aug 7	$0.05	$0.45	9.00
$9.50	$10.00	$10.50	Jul 24	$0.06	$0.44	7.33
$10.00	$10.50	$11.00	Jul 24	$0.06	$0.44	7.33
$10.50	$11.00	$11.50	Jul 31	$0.06	$0.44	7.33
$9.50	$10.00	$10.50	Aug 28	$0.06	$0.44	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$9.50	$10.00	$10.50	Jul 24	$0.05	$0.45	9.00
$9.00	$9.50	$10.00	Jul 31	$0.05	$0.45	9.00
$9.50	$10.00	$10.50	Aug 21	$0.06	$0.44	7.33
$9.50	$10.00	$10.50	Jul 31	$0.07	$0.43	6.14
$10.00	$10.50	$11.00	Jul 24	$0.08	$0.42	5.25

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 37 found (best net $--, 32 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$12.50	$13.00	1:2	Aug 28	-$0.09	$0.41
$12.00	$12.50	1:2	Aug 7	-$0.10	$0.40
$12.50	$13.00	1:2	Aug 7	-$0.10	$0.40
$11.00	$11.50	1:2	Jul 31	-$0.12	$0.38
$11.50	$12.00	1:2	Aug 7	-$0.13	$0.37

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$13.00	$11.50	1:2	Aug 28	$0.00	$1.50
$12.00	$11.00	1:2	Aug 14	-$0.14	$0.86
$10.00	$9.00	1:2	Aug 28	-$0.38	$0.62
$11.00	$10.50	1:2	Jul 31	-$0.11	$0.39
$11.50	$11.00	1:2	Jul 31	-$0.14	$0.36

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 16 found (best yield 5.75%, avg 2.75%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$11.50	Aug 21	$0.64	0.47	3.2%	5.75%	8.98%	1.5K	2.6K
$11.50	Sep 4	$0.54	0.46	3.2%	4.85%	8.08%	20	--
$12.00	Aug 21	$0.53	0.39	7.7%	4.76%	12.48%	2.3K	18.2K
$11.50	Aug 28	$0.50	0.42	3.2%	4.49%	7.72%	38	45
$12.00	Sep 4	$0.48	0.41	7.7%	4.31%	12.03%	1	--
$12.50	Aug 21	$0.36	0.32	12.2%	3.23%	15.44%	22	2.1K
$11.50	Jul 31	$0.32	0.41	3.2%	2.87%	6.10%	101	177
$13.00	Aug 21	$0.29	0.25	16.7%	2.60%	19.30%	280	9.2K
$12.00	Aug 14	$0.20	0.31	7.7%	1.80%	9.52%	17	358
$11.50	Aug 14	$0.19	0.47	3.2%	1.71%	4.94%	1	104

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 46,888

Total Puts 6,526

Put/Call Ratio 0.14

Net Difference 40,362

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 217,728

Total Puts 76,194

Average Put/Call Ratio 0.35

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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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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