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Vale call volume above normal and directionally bullish

Bullish option flow detected in Vale (VALE) with 21,869 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 46.30%. Apr-26 13 calls and Jun-26 15 calls are the most active options, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 0.38. Earnings are expected on April 23rd.

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