2000 $CLF Apr 5 calls went up on the NASDAQ in one block.?
Shares of Cliffs Natural Resources (CLF) are up .19 to 3.03 today.? CLF is trading in the middle of the 52 week range.
- Paper traded 2000 CLF Apr 5 calls for .07.?
- CLF trade 8455 contracts a day on average.?
- The OI on the strike is 5042.
The trade went up on the NASDAQ in one block.? Total volume on the strike is over 10000 contracts as buyers bought calls on all exchanges.? IV is up 6 points in Apr as investors bet on a turnaround in CLF.
- IV30 IS 134% and HV10 is 203%,?
- The current realized volatility is trading at a premium to implied volatility.
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. The Company also produces low-volatile metallurgical coal in the United States from its mines located in Alabama and West Virginia.