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Vale call volume above normal and directionally bullish

Bullish option flow detected in Vale with 16,872 calls trading, 1.0x expected, and implied vol increasing over 1 point to 27.35%. Jan-25 14 calls and Oct-24 11 calls are the most active options, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 0.61. Earnings are expected on October 24th.

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