29400 VALE Apr 5.5 calls went up in one block on the PHLX. ??
Shares of VALE SA (VALE) are up .27 to 4.64 today.? VALE is near the lower end of the 52 week range.
- Paper traded 29400 VALE Apr 5.5 calls for .30. ?
- The ADV is 23626 contracts.?
- ?The open interest is 96 contacts.
The volume went up in one block on the PHLX. ??Total volume is over 40000 contracts on the strike with paper paying the offer of .29 and then paid .30 for the balance.? There is huge volume for calls in thei name today.
- IV 30 is trading for 95%.?
- HV10 is trading for 131%.?
- 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. The Bulk Material segment includes the production and extraction of ferrous minerals, and the extraction of coal and its logistic services (railroads, ports and terminals). The Base metals segment produces and extracts non-ferrous minerals. The Fertilizers segment produces three groups of nutrients, such as potash, phosphate and nitrogen. The Other segment includes sales and expenses of other products, services and investments in joint ventures and associate in other businesses.