Bullish option flow detected in Cleveland-Cliffs with 15,655 calls trading, 1.2x expected, and implied vol increasing over 2 points to 46.46%. 7/7 weekly 16 calls and Jul-23 14.5 puts are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.55. Earnings are expected on July 21st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CLF:
- Cleveland-Cliffs ‘applauds’ Commerce determination in Tin Mill Products case
- Cleveland-Cliffs reaches three-year labor agreement with UAW
- Cleveland-Cliffs increases prices for certain steel products
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Fly Insider: Zions Bancorp, Albertsons among week’s notable insider trades