CLF - Options Database

CLF

CLEVELAND-CLIFFS INC

$11.09 +17.30%

(7/23 10:00) ◀

Thursday, July 23, 2026 (2:05pm)

▶ (7/23 18:00)

◀ 7/23 14:05 ▶

Option Volume

Detail

ℹ

Current (07/23 2:05pm) 141,919

Calls: 115,892 (82%)

Puts: 26,027 (18%)

Prior (07/22) 40,094

Calls: 27,710 (69%)

Puts: 12,384 (31%)

Current vs Prior +253.97%

Calls: +318.23% (Calls)

Puts: +110.17% (Puts)

Prior 7-Day Total 365,194

Calls: 280,959 (77%)

Puts: 84,235 (23%)

Prior 7-Day Average 52,170

Calls: 40,137 (77%)

Puts: 12,033 (23%)

Current vs Prior 7-Day Avg +172.03%

Calls: +188.74%

Puts: +116.29%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 2:05pm) $10.49M

Calls: $8.77M (84%)

Puts: $1.72M (16%)

Prior (07/22) $1.66M

Calls: $1.11M (67%)

Puts: $550.9K (33%)

Current vs Prior +532.18%

Calls: +691.49%

Puts: +211.87%

Prior 7-Day Total $21.16M

Calls: $16.92M (80%)

Puts: $4.24M (20%)

Prior 7-Day Average $3.02M

Calls: $2.42M (80%)

Puts: $605.6K (20%)

Current vs Prior 7-Day Avg +246.84%

Calls: +262.65%

Puts: +183.70%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/23 2:05pm) 0.22

Prior (07/22) 0.45

Current vs Prior -49.75%

Prior 7-Day Average 0.33

Current vs Prior 7-Day Avg -32.62%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 2:05pm) 755,394

Calls: 548,820 (73%)

Puts: 206,574 (27%)

Prior (07/22) 714,445

Calls: 518,054 (73%)

Puts: 196,391 (27%)

Current vs Prior +5.73%

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 7.39% | 11.18%16.41% | 21.10%

Prior 11.76% | 14.19%20.02% | 24.58%

Current vs Prior -37.12% | -21.23%-18.03% | -14.14%

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

Current vs 7-Day Avg +10.24% | -5.43%-18.03% | -14.14%

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

Current vs 7-Day Eod -37.12% | -21.23%-14.79% | -14.79%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 25.30% | 19.77%

Calls: 29.03% | 22.64%

Puts: 21.57% | 16.90%

Prior 12.66% | 14.38%

Calls: 13.46% | 18.75%

Puts: 11.86% | 10.00%

Current vs Prior +99.84% | +37.48%

Prior 7-Day Avg 26.74% | 9.77%

Calls: 32.19% | 11.40%

Puts: 21.29% | 8.13%

Current vs 7-Day Avg -5.37% | +102.42%

Liquidity Expensive

Add Card

🤖 AI Insights

Strong bullish conviction with 84% of dollar volume in calls ($8.77M) vs puts ($1.72M). Massive premium surge with dollar volume up 532% vs prior. Dollar volume significantly above 7-day average (247% higher). Unusually high activity with volume up 254% vs prior - elevated interest.

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 BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
14:05	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	BULLISH
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

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

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 7.8%, best 5.4%)

CALLS (3)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	2.16	2.28	$2.22	5.4%	244	0.89	5.4K
$9.50	Jul 24	1.50	1.63	$1.57	8.3%	6.2K	0.96	8.7K
$10.00	Jul 31	1.16	1.28	$1.22	9.8%	3.5K	0.84	4.8K

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Aug 21	0.12	0.13	$0.13	7.7%	403	0.12	2.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 13 found (avg $0.51, cheapest $0.07)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$12.00	Jul 31	0.15	0.18	$0.16	18.8%	3.3K	0.24	1.6K
$12.00	Aug 21	0.43	0.50	$0.47	14.9%	3.9K	0.37	18.2K
$11.50	Aug 21	0.58	0.66	$0.62	12.9%	5.2K	0.45	2.6K
$11.00	Aug 21	0.81	0.91	$0.86	11.6%	8.7K	0.55	28.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$10.50	Jul 24	0.06	0.07	$0.07	14.3%	1.3K	0.18	643
$9.00	Aug 21	0.12	0.13	$0.13	7.7%	403	0.12	2.0K
$10.00	Aug 7	0.18	0.21	$0.20	15.0%	44	0.21	142
$10.00	Aug 21	0.31	0.35	$0.33	12.1%	465	0.25	3.7K
$11.00	Jul 31	0.41	0.48	$0.44	15.9%	695	0.45	303

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 57 found (avg delta 0.75, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$9.00	Jul 24	2.01	2.25	$2.13	11.3%	782	0.98	4.2K
$9.50	Jul 24	1.50	1.63	$1.57	8.3%	6.2K	0.96	8.7K
$9.00	Jul 31	1.89	2.35	$2.12	21.7%	46	0.96	4.2K
$10.00	Jul 24	1.05	1.18	$1.12	11.6%	14.5K	0.95	24.2K
$9.50	Jul 31	1.49	1.74	$1.62	15.4%	1.1K	0.92	3.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$12.50	Jul 24	1.03	1.52	$1.27	38.6%	46	1.00	30
$13.00	Jul 24	1.45	2.28	$1.86	44.6%	5	1.00	33
$13.00	Sep 4	0.54	4.05	$2.30	152.6%	2	1.00	--
$12.00	Jul 24	0.88	1.06	$0.97	18.6%	338	0.91	380
$13.00	Jul 31	1.51	2.43	$1.97	46.7%	14	0.89	39

Most actively traded options today. High liquidity = easy entry/exit. 113 active (total vol 109.0K, top 21.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$12.00	Jul 24	0.02	0.03	$0.03	33.3%	21.9K	0.09	30.2K
$10.00	Jul 24	1.05	1.18	$1.12	11.6%	14.5K	0.95	24.2K
$11.00	Aug 21	0.81	0.91	$0.86	11.6%	8.7K	0.55	28.2K
$9.50	Jul 24	1.50	1.63	$1.57	8.3%	6.2K	0.96	8.7K
$11.50	Jul 24	0.09	0.12	$0.11	27.3%	6.0K	0.27	1.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$11.00	Jul 24	0.20	0.25	$0.23	21.7%	3.0K	0.44	340
$11.50	Jul 24	0.45	0.56	$0.51	21.6%	2.9K	0.73	209
$10.50	Jul 24	0.06	0.07	$0.07	14.3%	1.3K	0.18	643
$9.00	Jul 24	0.00	0.02	$0.01	200.0%	1.2K	0.02	4.6K
$9.50	Jul 24	0.00	0.03	$0.02	150.0%	769	0.04	4.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 17 strikes (avg 99.3%, max 174.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$9.00	Jul 24	Aug 28	194.8%	70.9%	174.6%	783	4.2K
$13.00	Jul 24	Sep 4	136.1%	50.8%	167.9%	461	1.1K
$9.50	Jul 24	Aug 28	161.8%	66.4%	143.6%	6.3K	8.8K
$12.50	Jul 24	Sep 4	107.4%	50.1%	114.5%	589	214
$12.00	Jul 24	Sep 4	105.6%	53.9%	95.8%	21.9K	30.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$9.00	Jul 24	Aug 28	194.8%	70.9%	174.6%	1.2K	4.7K
$13.00	Jul 24	Sep 4	136.1%	50.8%	167.9%	7	33
$9.50	Jul 24	Sep 4	161.8%	79.3%	104.0%	770	4.2K
$11.00	Jul 24	Aug 28	109.1%	63.2%	72.7%	3.1K	342
$12.50	Jul 24	Aug 28	107.4%	62.5%	71.9%	100	32

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 55 found (best R:R 4.00, avg 1.49)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$11.50	$12.00	Sep 4	$0.11	$0.39	$0.11	3.55	$11.61
$12.50	$13.00	Sep 4	$0.14	$0.36	$0.14	2.57	$12.64
$11.50	$12.00	Jul 31	$0.15	$0.35	$0.15	2.33	$11.65
$12.50	$13.00	Aug 14	$0.15	$0.35	$0.15	2.33	$12.65
$11.50	$12.00	Aug 21	$0.15	$0.35	$0.15	2.33	$11.65

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$10.00	$9.50	Aug 7	$0.10	$0.40	$0.10	4.00	$9.90
$10.50	$10.00	Jul 31	$0.11	$0.39	$0.11	3.55	$10.39
$10.00	$9.50	Aug 14	$0.12	$0.38	$0.12	3.17	$9.88
$10.50	$10.00	Aug 14	$0.14	$0.36	$0.14	2.57	$10.36
$10.00	$9.50	Aug 21	$0.14	$0.36	$0.14	2.57	$9.86

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 66 found (best R:R 4.00, avg 1.23)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$10.00	$10.50	Jul 31	$0.39	$0.39	$0.11	3.55	$10.39
$9.00	$9.50	Aug 21	$0.39	$0.39	$0.11	3.55	$9.39
$10.50	$11.00	Aug 21	$0.37	$0.37	$0.13	2.85	$10.87
$10.50	$11.00	Jul 24	$0.35	$0.35	$0.15	2.33	$10.85
$10.00	$10.50	Aug 7	$0.34	$0.34	$0.16	2.13	$10.34

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$12.50	$12.00	Aug 21	$0.40	$0.40	$0.10	4.00	$12.10
$13.00	$12.00	Aug 7	$0.75	$0.75	$0.25	3.00	$12.25
$13.00	$11.50	Sep 4	$1.11	$1.11	$0.39	2.85	$11.89
$12.50	$12.00	Aug 28	$0.36	$0.36	$0.14	2.57	$12.14
$11.50	$11.00	Aug 28	$0.34	$0.34	$0.16	2.13	$11.16

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 15 found (avg debit $0.14, cheapest $0.05)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$9.50	Jul 24	Jul 31	$0.05	161.8%	75.3%
$13.00	Jul 24	Jul 31	$0.06	136.1%	82.1%
$12.50	Jul 24	Jul 31	$0.07	107.4%	71.6%
$10.00	Jul 24	Jul 31	$0.10	116.8%	72.6%
$12.00	Jul 24	Jul 31	$0.13	105.6%	71.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$10.00	Jul 24	Jul 31	$0.09	116.8%	72.6%
$13.00	Jul 24	Jul 31	$0.11	136.1%	82.1%
$12.00	Jul 24	Jul 31	$0.14	105.6%	71.5%
$10.50	Jul 24	Jul 31	$0.15	109.4%	70.4%
$12.50	Jul 24	Jul 31	$0.17	107.4%	71.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 53 found (cheapest 4.87% of stock, avg 15.42%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$11.00	Jul 24	$0.31	$0.23	$0.54	$10.46	$11.54	4.87%
$11.50	Jul 24	$0.11	$0.51	$0.62	$10.88	$12.12	5.59%
$10.50	Jul 24	$0.66	$0.07	$0.73	$9.77	$11.23	6.58%
$11.00	Jul 31	$0.53	$0.44	$0.97	$10.03	$11.97	8.75%
$12.00	Jul 24	$0.03	$0.97	$1.00	$11.00	$13.00	9.02%
$11.50	Jul 31	$0.31	$0.71	$1.02	$10.48	$12.52	9.20%
$10.50	Jul 31	$0.83	$0.22	$1.05	$9.45	$11.55	9.47%
$10.00	Jul 24	$1.12	$0.02	$1.14	$8.86	$11.14	10.28%
$12.00	Jul 31	$0.16	$1.11	$1.27	$10.73	$13.27	11.45%
$12.50	Jul 24	$0.01	$1.27	$1.28	$11.22	$13.78	11.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 101 found (cheapest 0.45% of stock, avg 5.89%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$12.00	$10.00	Jul 24	$0.03	$0.02	$0.05	$9.95	$12.05
$12.00	$10.50	Jul 24	$0.03	$0.07	$0.10	$10.40	$12.10
$13.00	$9.50	Jul 31	$0.07	$0.05	$0.12	$9.38	$13.12
$11.50	$10.00	Jul 24	$0.11	$0.02	$0.13	$9.87	$11.63
$12.50	$9.50	Jul 31	$0.08	$0.05	$0.13	$9.37	$12.63
$11.50	$10.50	Jul 24	$0.11	$0.07	$0.18	$10.32	$11.68
$13.00	$10.00	Jul 31	$0.07	$0.11	$0.18	$9.82	$13.18
$12.50	$10.00	Jul 31	$0.08	$0.11	$0.19	$9.81	$12.69
$13.00	$9.00	Aug 7	$0.15	$0.05	$0.20	$8.80	$13.20
$12.00	$9.50	Jul 31	$0.16	$0.05	$0.21	$9.29	$12.21

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 30 found (best R:R 3.55, avg credit $0.38)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
10/11	12/12	Aug 28	$0.39	$0.11	3.55	$10.61	$12.39
10/10	11/12	Aug 21	$0.38	$0.12	3.17	$9.62	$11.38
10/10	11/12	Aug 28	$0.38	$0.12	3.17	$9.62	$11.38
10/10	12/12	Aug 28	$0.38	$0.12	3.17	$9.62	$11.88
10/11	12/12	Jul 31	$0.37	$0.13	2.85	$10.63	$11.87
10/10	11/12	Aug 7	$0.36	$0.14	2.57	$9.64	$11.36
10/10	10/11	Aug 14	$0.36	$0.14	2.57	$9.64	$10.86
11/12	12/12	Aug 21	$0.36	$0.14	2.57	$11.14	$12.36
10/10	10/11	Aug 7	$0.35	$0.15	2.33	$9.65	$10.85
10/11	12/13	Aug 14	$0.35	$0.15	2.33	$10.65	$12.85

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 47 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	Jul 24	$0.06	$0.44	7.33
$11.00	$11.50	$12.00	Jul 31	$0.07	$0.43	6.14
$11.50	$12.00	$12.50	Jul 31	$0.07	$0.43	6.14
$12.00	$12.50	$13.00	Jul 31	$0.07	$0.43	6.14
$11.50	$12.00	$12.50	Aug 7	$0.07	$0.43	6.14

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
$9.50	$10.00	$10.50	Jul 31	$0.05	$0.45	9.00
$9.00	$9.50	$10.00	Aug 14	$0.06	$0.44	7.33
$10.00	$10.50	$11.00	Aug 14	$0.06	$0.44	7.33
$12.00	$12.50	$13.00	Aug 28	$0.06	$0.44	7.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 47 found (best net $-0.08, 43 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$12.50	$13.00	1:2	Jul 31	-$0.06	$0.44
$11.00	$11.50	1:2	Jul 31	-$0.09	$0.41
$12.50	$13.00	1:2	Aug 7	-$0.09	$0.41
$12.00	$12.50	1:2	Aug 7	-$0.12	$0.38
$11.50	$12.00	1:2	Aug 7	-$0.14	$0.36

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$13.00	$11.50	1:2	Sep 4	-$0.08	$1.42
$13.00	$12.00	1:2	Aug 7	-$0.42	$0.58
$12.00	$11.50	1:2	Jul 24	-$0.05	$0.45
$10.50	$10.00	1:2	Aug 7	-$0.05	$0.45
$11.00	$10.50	1:2	Aug 7	-$0.06	$0.44

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 21 found (best yield 6.04%, avg 2.90%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$11.50	Aug 28	$0.67	0.50	3.7%	6.04%	9.74%	120	45
$11.50	Aug 21	$0.58	0.45	3.7%	5.23%	8.93%	5.2K	2.6K
$12.00	Sep 4	$0.55	0.53	8.2%	4.96%	13.17%	3	--
$12.00	Aug 28	$0.51	0.42	8.2%	4.60%	12.80%	186	77
$11.50	Aug 14	$0.49	0.47	3.7%	4.42%	8.12%	133	104
$12.00	Aug 21	$0.43	0.37	8.2%	3.88%	12.08%	3.9K	18.2K
$12.50	Sep 4	$0.42	0.42	12.7%	3.79%	16.50%	1	--
$11.50	Aug 7	$0.39	0.42	3.7%	3.52%	7.21%	65	272
$12.50	Aug 28	$0.32	0.33	12.7%	2.89%	15.60%	142	52
$13.00	Aug 28	$0.29	0.28	17.2%	2.61%	19.84%	130	20

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 115,892

Total Puts 26,027

Put/Call Ratio 0.22

Net Difference 89,865

Prior's Put/Call Breakdown

Total Calls 27,710

Total Puts 12,384

Put/Call Ratio 0.45

Net Difference 15,326

Prior 7-Day Put/Call Summary

Total Calls 280,959

Total Puts 84,235

Average Put/Call Ratio 0.33

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...

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

Add Card