Financial giants have made a conspicuous bearish move on Vale. Our analysis of options history for Vale (NYSE:VALE) revealed 9 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $1,144,635, and 4 were calls, valued at $272,354.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $11.0 to $17.0 for Vale over the last 3 months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Vale's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Vale's substantial trades, within a strike price spectrum from $11.0 to $17.0 over the preceding 30 days.

Vale 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Vale

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in energy transition metals, its base metals business, which is expected to become effective in 2024, and which is likely the first step in separating base metals and iron ore.

Following our analysis of the options activities associated with Vale, we pivot to a closer look at the company's own performance.

Current Position of Vale

• Trading volume stands at 37,681,442, with VALE's price down by -0.18%, positioned at $11.38.

• RSI indicators show the stock to be may be oversold.

• Earnings announcement expected in 44 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.