Bullish option flow detected in Vale with 19,724 calls trading, 1.2x expected, and implied vol increasing over 2 points to 37.30%. Sep-23 20 calls and Jan-24 17 calls are the most active options, with total volume in those strikes near 15,600 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 16th.
Published first on TheFly
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