Bullish option flow detected in Cleveland-Cliffs with 16,335 calls trading, 1.7x expected, and implied vol increasing almost 4 points to 59.61%. Sep-24 12 calls and Jan-25 12 calls are the most active options, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 0.15. Earnings are expected on October 21st.
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