9900 CLF Aug 8/9 call spreads went up in two large blocks on the AMEX marked spread
Shares of Cliffs Nature Resources Inc. (CLF) are down .18 to 7.91. CLF is near the top of the 52 week range.
- Paper traded 9900 CLF Aug 8/9 call spreads for .51 over .15.
- The ADV is 22853 contracts.?
- The OI is 14078 and 14453 contracts.
The volume went up in two large blocks on the AMEX marked spread.? 17k and 10k of each call traded so the spreads went up as additional calls.? Extra call buyers jumped into the Aug 8s above and beyond what looks like a long call spread close on the Aug 8/9 spread.
- IV 30 is trading for 71%.?
- HV10 is trading for 71%. ?
- IV 30 is trading at the HV 10.
Cliffs Natural Resources Inc. is a mining and natural resources company. The Company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota.