Cleveland-Cliffs options imply 9.9% move in share price post-earnings
The Fly

Cleveland-Cliffs options imply 9.9% move in share price post-earnings

Pre-earnings options volume in Cleveland-Cliffs (CLF) is normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 9.9%, or $1.31, after results are released. Median move over the past eight quarters is 6.5%.

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