tiprankstipranks
The Fly

Cleveland-Cliffs call volume above normal and directionally bullish

Cleveland-Cliffs call volume above normal and directionally bullish

Bullish option flow detected in Cleveland-Cliffs (CLF) with 31,333 calls trading, 1.3x expected, and implied vol increasing over 9 points to 74.47%. Mar-25 9.5 calls and Mar-25 11.5 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.42. Earnings are expected on April 21st.

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

Questions or Comments about the article? Write to editor@tipranks.com