7000 VALE Jun16 9 puts went up in 1 block on the ISE marked AutoEx
Shares of Vale SA (VALE) are up .06 to 10.02 today.? VALE is near the top of the 52 week range.
- Paper traded 7000 VALE Jun16 9 puts for .72. ??
- The ADV is 40823 contracts.?
- The OI is 17023 contracts.
The volume went up in 1 block on the ISE marked AutoEx.? Concurrent with the put block, stock traded in a close to delta volume in the CHX.? Normally this would indicate a put and stock combination which in this case looks long put long stock.? The trade could be closing based on the OI but from recent action this does not look like a great close so this would be adding more of a long gamma type of positions.
- IV 30 is trading 52%
- HV10 is trading for 57%.?
- IV 30 is trading above 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 and others.