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Vale call volume above normal and directionally bullish
The Fly

Vale call volume above normal and directionally bullish

Bullish option flow detected in Vale with 11,424 calls trading, 1.2x expected, and implied vol increasing over 1 point to 40.46%. 1/13 weekly 18 calls and Feb-23 18 calls are the most active options, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 0.59. Earnings are expected on February 23rd.

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