Bullish option flow detected in Cleveland-Cliffs with 14,214 calls trading, 1.3x expected, and implied vol increasing almost 3 points to 61.14%. 10/4 weekly 12.5 calls and 9/27 weekly 12.5 calls are the most active options, with total volume in those strikes near 9,400 contracts. The Put/Call Ratio is 0.10. Earnings are expected on October 21st.
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