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 (CLF) with 26,510 calls trading, 1.4x expected, and implied vol increasing over 1 point to 70.88%. Nov-24 16 calls and 11/8 weekly 14 calls are the most active options, with total volume in those strikes near 12,400 contracts. The Put/Call Ratio is 0.32. Earnings are expected on November 4th.

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