Bearish flow noted in Vale (VALE) with 15,877 puts trading, or 3x expected. Most active are Jan-27 10 puts and 4/25 weekly 9 calls, with total volume in those strikes near 14,900 contracts. The Put/Call Ratio is 3.49, while ATM IV is up over 15 points on the day. Earnings are expected on April 24th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VALE:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue