Bullish option flow detected in Cleveland-Cliffs with 57,113 calls trading, 3x expected, and implied vol increasing over 2 points to 56.27%. Apr-25 16 calls and Jan-25 14 calls are the most active options, with total volume in those strikes near 22,700 contracts. The Put/Call Ratio is 0.28. Earnings are expected on October 21st.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CLF:
- Cleveland-Cliffs call volume above normal and directionally bullish
- Cleveland-Cliffs put volume heavy and directionally bearish
- Cleveland-Cliffs price target lowered to $12.50 from $18 at Citi
- Broadcom AI results fail to enthuse the Street: Morning Buzz
- Cleveland-Cliffs open to buying any assets U.S. Steel shuts down