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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 13,657 calls trading, 1.3x expected, and implied vol increasing over 7 points to 25.54%. Jul-24 14 calls and Jun-24 13 calls are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 25th.

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