Cliffs(US:CLF) Benzinga·2025-11-04 16:02Group 1 - Investors have taken a bullish stance on Cleveland-Cliffs, with significant options trades indicating potential upcoming developments [1][2] - The overall sentiment among large traders is 55% bullish and 22% bearish, with a total of $395,533 in put options and $286,766 in call options [2] - The price target for Cleveland-Cliffs is projected between $5.0 and $16.0 based on recent options activity [3] Group 2 - An analysis of volume and open interest reveals key insights into the liquidity and interest levels for Cleveland-Cliffs's options within the $5.0 to $16.0 strike price range [4] - Significant options trades over the last 30 days include various call and put options, indicating diverse trading strategies among investors [10] Group 3 - Cleveland-Cliffs operates as a flat-rolled steel producer and iron ore pellet manufacturer in North America, primarily serving the automotive industry [11] - The company is organized into four operating segments but reports under one segment, Steelmaking, and has a vertically integrated structure [11] Group 4 - Analysts have set an average target price of $11.75 for Cleveland-Cliffs, with varying ratings from different firms [12][13] - Goldman Sachs maintains a Buy rating with a target price of $14, while Wells Fargo has downgraded its rating to Underweight with a target of $11 [13]