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Vale call volume above normal and directionally bullish

Bullish option flow detected in Vale (VALE) with 23,523 calls trading, 5x expected, and implied vol increasing over 8 points to 34.44%. Dec-25 13 calls and Jan-26 12 calls are the most active options, with total volume in those strikes near 17,100 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 19th.

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