Looking At Vale's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Vale (NYSE:VALE), with a majority of investors taking a bullish stance. Of the 20 strange trades detected, 70% were bullish and 30% were bearish. The total amount for puts was $899,749 and for calls was $369,906. Whales have been targeting a price range from $10.0 to $20.0 for Vale over the last 3 months. The price of VALE is currently up 2.64% at $13.2.
October 10, 2023 | 8:30 pm
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POSITIVE IMPACT
Vale has seen significant unusual options activity, with a majority of investors taking a bullish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, with a majority of investors taking a bullish stance, indicates a positive sentiment towards Vale. This could potentially drive the stock's price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100