tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Moderately bullish activity in Vale with shares up 2.79%

Moderately bullish activity in Vale (VALE), with shares up 36c, or 2.79%, near $13.07. Options volume relatively light with 9002 contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.65. Implied volatility (IV30) is up nearly 16.0 points near 38.39, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.32. Put-call skew steepened, indicating increased demand for downside protection.

Claim 50% Off TipRanks Premium and Invest with Confidence

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1