Financial giants have made a conspicuous bullish move on Cleveland-Cliffs. Our analysis of options history for Cleveland-Cliffs CLF revealed 13 unusual trades.
Delving into the details, we found 61% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $918,215, and 8 were calls, valued at $633,644.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $5.0 and $20.0 for Cleveland-Cliffs, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Cleveland-Cliffs stands at 3504.12, with a total volume reaching 13,068.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Cleveland-Cliffs, situated within the strike price corridor from $5.0 to $20.0, throughout the last 30 days.
Cleveland-Cliffs Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CLF | PUT | TRADE | BULLISH | 01/16/26 | $7.65 | $7.45 | $7.5 | $20.00 | $675.0K | 3.1K | 900 |
| CLF | CALL | SWEEP | BULLISH | 06/20/25 | $1.0 | $0.94 | $1.0 | $17.00 | $166.0K | 2.0K | 5.0K |
| CLF | CALL | SWEEP | NEUTRAL | 01/16/26 | $2.19 | $2.1 | $2.1 | $15.00 | $105.0K | 6.0K | 510 |
| CLF | PUT | SWEEP | BEARISH | 06/20/25 | $4.6 | $4.55 | $4.6 | $17.00 | $94.7K | 4.2K | 376 |
| CLF | CALL | TRADE | BULLISH | 12/18/26 | $8.8 | $8.05 | $8.6 | $5.00 | $86.0K | 251 | 101 |
About Cleveland-Cliffs
Cleveland-Cliffs Inc is a flat-rolled steel producer and manufacturer of iron ore pellets in North America. It is organized into four operating segments based on differentiated products, Steelmaking, Tubular, Tooling and Stamping and European Operations, but operates through one reportable segment -Steelmaking. It is vertically integrated from mined raw materials, direct reduced iron, and ferrous scrap to primary steelmaking and downstream finishing, stamping, tooling and tubing. It serves a diverse range of other markets due to its comprehensive offering of flat-rolled steel products. Geographically, it operates in the United States, Canada and other countries. The majority of revenue is from the United States. It is a supplier of steel to the automotive industry in North America.
Where Is Cleveland-Cliffs Standing Right Now?
- Trading volume stands at 9,971,382, with CLF's price down by -3.4%, positioned at $12.73.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 70 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Cleveland-Cliffs options trades with real-time alerts from Benzinga Pro.
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