7000 VALE May19 10/12 call spreads went up in 2 blocks on the ARCA.?
Shares of Vale SA (VALE) are down.26 to 9.27 today.? VALE is near the middle of the 52 week range.
- Paper traded 7000 VALE May19 10/12 call spreads for .33. ??
- The ADV is 45k contracts.?
- The OI is 7600 and 5900 contracts.
The volume went up in 2 blocks on the ARCA.? This spread is either a close and roll up or an opening, long delta vertical call spread.? One would have to check the OI here since the intention is unclear.
- IV 30 is trading 54% ?
- HV10 is trading for 69%.?
- IV 30 is trading 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’s segments include Ferrous minerals, Coal, Base metals, Fertilizers