9200 VALE Jan20 10 calls went up in block on the ISE marked buy-write
Shares of VALE SA (VALE) are up .58 to 9.01 today.? ?VALE is making a 52 week high.
- Paper traded 9200 VALE Jan20 10 calls for .31.? ?
- ADV is 33350.
- The OI is 61916 contracts.
The volume went up in block on the ISE marked buy-write.? 250,000 shares of stock went up through the posted bid so the trade was most likely a call versus stock delta neutral spreads.? The trader is looking for a big move in VALE into the end of the year.
- IV 30 is trading for 56%.?
- HV10 is trading for 61%.?
- IV 30 is below the HV 10.
Vale S.A. (Vale) is a metals and mining company.