I opened $CLF VERTICAL 240726 CALL 16.5/CALL 17.5$  ,⛏️ This mining ticker jumped out at me for a bearish play! Cleveland-Cliffs has seen its stock tumble 12.83% in the past month, underperforming both the Basic Materials sector and the S&P 500, which gained 2.83%. With upcoming earnings expected to reveal a stark 94.2% drop in EPS to $0.04 and an 11.8% decrease in revenue to $5.28 billion year-over-year, the outlook appears grim. The full-year projections are similarly bleak, anticipating earnings of $0.48 per share and revenues of $21.05 billion, marking significant declines from the previous year. Given these figures, a short bear call spread might be a decent wager. 🤞