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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 13,826 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 31.18%. Feb-24 13.5 calls and Jun-24 12 puts are the most active options, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 22nd.

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