Bullish option flow detected in Cleveland-Cliffs with 27,988 calls trading, 3x expected, and implied vol increasing almost 2 points to 44.40%. 4/12 weekly 23 calls and Jul-24 18 puts are the most active options, with total volume in those strikes near 20,800 contracts. The Put/Call Ratio is 0.42. Earnings are expected on April 22nd.
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