Bullish option flow detected in Vale (VALE) with 41,423 calls trading, 7x expected, and implied vol increasing over 2 points to 26.14%. 9/26 weekly 11 calls and 10/3 weekly 11 calls are the most active options, with total volume in those strikes near 40,700 contracts. The Put/Call Ratio is 0.00. Earnings are expected on October 30th.
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