Bullish option flow detected in Vale (VALE) with 43,028 calls trading, 5x expected, and implied vol increasing over 1 point to 31.38%. Sep-25 11 calls and Sep-25 10 calls are the most active options, with total volume in those strikes near 38,000 contracts. The Put/Call Ratio is 0.04. Earnings are expected on July 31st.
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