CLF250110P00010500 Option on Cleveland Cliffs
| CLF Stock | USD 10.27 0.15 1.44% |
Cleveland Cliffs' latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.7 with a put-to-call open interest ratio of 0.45 over 36 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on April 17th 2025. The total put volume is at 557, with calls trading at the volume of 3.6 K. This yields a 0.15 put-to-call volume ratio.
Open Interest Against April 17th 2025 Option Contracts
2025-04-17
The chart above shows Cleveland Cliffs' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Cleveland Cliffs' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Cleveland Cliffs' option, there is no secondary market available for investors to trade.
Cleveland Cliffs Maximum Pain Price Across 2025-04-17 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Cleveland Cliffs close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Cleveland Cliffs' option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Cleveland Cliffs
Analyzing Cleveland Cliffs' in-the-money options over time can help investors to take a profitable long position in Cleveland Cliffs regardless of its overall volatility. This is especially true when Cleveland Cliffs' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Cleveland Cliffs' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Cleveland Cliffs' stock while costing only a fraction of its price.
Cleveland Cliffs In The Money Call Balance
When Cleveland Cliffs' strike price is surpassing the current stock price, the option contract against Cleveland Cliffs stock is said to be in the money. When it comes to buying Cleveland Cliffs' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Cleveland Cliffs are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Cleveland Current Options Market Mood
Cleveland Cliffs' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Cleveland Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Cleveland Cliffs' options investors are not very successful. Cleveland Cliffs' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Cleveland contract
Base on the Rule 16, the options market is currently suggesting that Cleveland Cliffs will have an average daily up or down price movement of about 0.0438% per day over the life of the 2025-04-17 option contract. With Cleveland Cliffs trading at USD 10.27, that is roughly USD 0.004493. If you think that the market is fully incorporating Cleveland Cliffs' daily price movement you should consider buying Cleveland Cliffs options at the current volatility level of 0.7%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Cleveland |
Purchasing Cleveland Cliffs options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Cleveland calls. Remember, the seller must deliver Cleveland Cliffs stock to the call owner when a call is exercised.
Cleveland Cliffs Option Chain
When Cleveland Cliffs' strike price is surpassing the current stock price, the option contract against Cleveland Cliffs stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Cleveland Cliffs' option chain is a display of a range of information that helps investors for ways to trade options on Cleveland. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cleveland. It also shows strike prices and maturity days for a Cleveland Cliffs against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | CLF250417C00005000 | 120 | 5.0 | 5.15 - 5.2 | 5.39 | In |
Call | CLF250417C00006000 | 168 | 6.0 | 4.15 - 4.25 | 4.5 | In |
Call | CLF250417C00007000 | 37 | 7.0 | 3.25 - 3.35 | 3.55 | In |
Call | CLF250417C00008000 | 392 | 8.0 | 2.3 - 2.68 | 2.51 | In |
Call | CLF250417C00009000 | 1032 | 9.0 | 1.02 - 2.01 | 1.79 | In |
Call | CLF250417C00010000 | 2465 | 10.0 | 1.17 - 1.26 | 1.25 | In |
Call | CLF250417C00011000 | 12352 | 11.0 | 0.8 - 0.88 | 0.87 | Out |
Call | CLF250417C00012000 | 2976 | 12.0 | 0.49 - 0.58 | 0.58 | Out |
Call | CLF250417C00013000 | 6608 | 13.0 | 0.35 - 0.44 | 0.38 | Out |
Call | CLF250417C00014000 | 5198 | 14.0 | 0.23 - 0.27 | 0.25 | Out |
Call | CLF250417C00015000 | 14576 | 15.0 | 0.15 - 0.19 | 0.17 | Out |
Call | CLF250417C00016000 | 11293 | 16.0 | 0.09 - 0.21 | 0.11 | Out |
Call | CLF250417C00017000 | 1914 | 17.0 | 0.08 - 0.09 | 0.08 | Out |
Call | CLF250417C00018000 | 13306 | 18.0 | 0.04 - 0.08 | 0.06 | Out |
Call | CLF250417C00019000 | 813 | 19.0 | 0.03 - 0.06 | 0.07 | Out |
Call | CLF250417C00020000 | 3183 | 20.0 | 0.04 - 0.35 | 0.05 | Out |
Call | CLF250417C00021000 | 2181 | 21.0 | 0.01 - 0.09 | 0.03 | Out |
Call | CLF250417C00025000 | 432 | 25.0 | 0.0 - 0.21 | 0.05 | Out |
Put | CLF250417P00005000 | 42 | 5.0 | 0.0 - 0.08 | 0.02 | Out |
Put | CLF250417P00006000 | 2393 | 6.0 | 0.02 - 0.06 | 0.02 | Out |
Put | CLF250417P00007000 | 5873 | 7.0 | 0.1 - 0.12 | 0.12 | Out |
Put | CLF250417P00008000 | 6380 | 8.0 | 0.26 - 0.31 | 0.27 | Out |
Put | CLF250417P00009000 | 4662 | 9.0 | 0.57 - 0.6 | 0.58 | Out |
Put | CLF250417P00010000 | 2619 | 10.0 | 1.02 - 1.04 | 1.02 | Out |
Put | CLF250417P00011000 | 1542 | 11.0 | 1.61 - 1.84 | 1.56 | In |
Put | CLF250417P00012000 | 2959 | 12.0 | 2.3 - 2.43 | 2.17 | In |
Put | CLF250417P00013000 | 4104 | 13.0 | 3.1 - 3.2 | 2.89 | In |
Put | CLF250417P00014000 | 1496 | 14.0 | 2.24 - 4.2 | 3.9 | In |
Put | CLF250417P00015000 | 808 | 15.0 | 4.8 - 5.15 | 4.72 | In |
Put | CLF250417P00016000 | 623 | 16.0 | 5.9 - 7.05 | 5.74 | In |
Put | CLF250417P00017000 | 1810 | 17.0 | 6.85 - 6.95 | 6.63 | In |
Put | CLF250417P00018000 | 486 | 18.0 | 7.85 - 7.95 | 7.7 | In |
Put | CLF250417P00019000 | 0 | 19.0 | 8.85 - 8.95 | 9.61 | In |
Put | CLF250417P00020000 | 0 | 20.0 | 9.85 - 9.95 | 7.35 | In |
Put | CLF250417P00021000 | 0 | 21.0 | 10.85 - 10.95 | 8.18 | In |
Put | CLF250417P00025000 | 0 | 25.0 | 14.85 - 14.95 | 12.45 | In |
Cleveland Total Stockholder Equity
Total Stockholder Equity |
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Cleveland Cliffs Corporate Directors
| Eric Rychel | Independent Director | Profile | |
| Susan Green | Independent Director | Profile | |
| William Gerber | Independent Director | Profile | |
| John Baldwin | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cleveland Cliffs. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Cleveland Stock please use our How to Invest in Cleveland Cliffs guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cleveland Cliffs. If investors know Cleveland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cleveland Cliffs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (0.94) | Revenue Per Share | Quarterly Revenue Growth (0.18) | Return On Assets |
The market value of Cleveland Cliffs is measured differently than its book value, which is the value of Cleveland that is recorded on the company's balance sheet. Investors also form their own opinion of Cleveland Cliffs' value that differs from its market value or its book value, called intrinsic value, which is Cleveland Cliffs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cleveland Cliffs' market value can be influenced by many factors that don't directly affect Cleveland Cliffs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cleveland Cliffs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cleveland Cliffs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cleveland Cliffs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.