Cleveland-Cliffs call volume above normal and directionally bullish
The Fly

Cleveland-Cliffs call volume above normal and directionally bullish

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.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App