8000 VALE Jan 2016/Mar 2016 5 puts went up in 2 blocks on the PHLX marked spread.?
Shares of VALE SA (VALE) are up .05 to 4.78 today. ?VALE is near the bottom of the 52 week range.
- Paper traded 8000 VALE Jan 2016 Mar 2016 5 puts for .12. ??
- The ADV is 36224 contracts.?
- ?The open interest is 55k and 14k ?contracts.
The volume went up in 2 blocks on the PHLX marked spread.? The trader looks like they want more time and is rolling for only a .12 credit as VALE tries to pick itself off the bottom of the range.? The looks bullish but not aggressively so.
- IV 30 is trading for 58%.?
- HV10 is trading for 73%.?
- IV 30 is below the HV 10.
Vale S.A. (Vale) is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets, and nickel. The Company also produces manganese ore, ferroalloys, metallurgical and thermal coal, copper, platinum group metals (PGMs), gold, silver, cobalt, potash, phosphates and other fertilizer nutrients. The Company operates through four business segments: Bulk Material, Base metals, Fertilizers and Other.