Cleveland-Cliffs Inc

CLFNYSE · USD
11.46USD+0.19 (+1.69%)
559

Cleveland-Cliffs Inc (CLF) Historical Volatility

CLF's 30 day historical volatility is 85.79%, in the 90th percentile of readings over the past year. This is a high percentile, meaning Cleveland-Cliffs Inc shares have swung far more than usual. CLF's 30 day implied volatility sits at 69.58%, with an IV Rank of 57.54%, leaving IV 16.21 points below historical volatility. This means options are pricing in less movement than the stock has actually delivered, as of Nov 5, 2026.

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Tracking CLF historical volatility helps you see how much Cleveland-Cliffs Inc's stock price has actually moved, giving you a baseline for whether option premiums look fair, cheap, or expensive. While implied volatility shows what the market expects, CLF's HV, also known as realized volatility, shows what actually happened. Use our scanner to monitor CLF 30 day historical volatility alongside longer lookback windows and spot the moments when realized and implied diverge.

Historical volatility is the annualized standard deviation of a stock's past returns, typically measured over rolling windows like 10, 20, 30, or 60 days. CLF's 30 day historical volatility, or CLF HV, is one of the most widely watched readings because it balances responsiveness with stability. Comparing CLF's HV to its implied volatility reveals the volatility risk premium. When IV sits well above HV, options are pricing in more movement than the stock has actually delivered, giving option sellers an edge. When HV runs hot relative to IV, options are pricing in less movement than the stock has delivered, and buyers may be underpaying for it.

Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products; stainless steel products; plates; and grain oriented and non-oriented electrical steel products. It also provides tubular components, including carbon steel, stainless steel, and electric resistance welded tubing. In addition, the company offers tinplate products, such as electrolytic tin coated and chrome coated sheet, and tin mill products; tooling and sampling; raw materials; ingots, rolled blooms, and cast blooms; and hot-briquetted iron products.

Historical Volatility

HV Percentile
90thHV Percentile
High

Historical movement is elevated versus the past year. The stock has been unusually active.

Historical Volatility (30d)85.79%

HV Percentile90th

Implied Volatility (30d)69.58%

IV Rank57.54%

IV Minus HV-16.21%

As of Nov 5, 2026

IV vs HV
Implied Volatility (IV) vs Historical Volatility (HV) over the past month.

As of Nov 5, 2026

IV - HV Difference
Difference between IV and HV over time. Positive values indicate IV > HV.

As of Nov 5, 2026

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