Mixed options sentiment in Cleveland-Cliffs (CLF), with shares down 6c near $7.26. Options volume relatively light with 9082 contracts traded and calls leading puts for a put/call ratio of 0.57, compared to a typical level near 0.5. Implied volatility (IV30) dropped 5.43 near 61.78,and above the 52wk median, suggesting an expected daily move of $0.28. Put-call skew flattened, suggesting a modestly bullish tone.
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- Mixed options sentiment in Cleveland-Cliffs with shares down 8.17%