Bullish option flow detected in Cleveland-Cliffs with 24,621 calls trading, 3x expected, and implied vol increasing over 2 points to 65.56%. Nov-24 17 calls and Nov-24 15 calls are the most active options, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 0.22. Earnings are expected on November 4th.
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