VALE S.A. (VALE) Options Chain

NYSE: VALEBasic MaterialsMetal MiningUSD

13.62+0.20 (+1.49%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 6
Share price: $13.62
Put/call ratio (OI): 0.59
Put/call ratio (volume): 3.19
ATM implied volatility: 36.9%
Expected move: ±$0.6446
Open interest (C / P): 35.09K / 20.68K

VALE options summary

The VALE options chain for the October 16, 2026 expiration lists 28 call and 29 put contracts, with 6 days until expiration. Open interest stands at 35,086 calls and 20,675 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $13.50 strike is 36.9%, which implies the market expects a move of about ±$0.6446 (4.7%) in VALE S.A. stock by expiration.

The most open interest sits at the $13.50 call (11.24K contracts) and the $13.00 put (8.20K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

VALE options chain · October 16, 2026

VALE calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
77	11	725.0%	12.50	11.95	13.30	1.00	0.00	0.05	0.02	900.0%	1	4
5	6	906.3%	12.25	11.40	12.15	2.00	0.00	0.05	0.05	650.0%	1	3
—	—	—	10.84	—	—	3.00	0.00	2.13	0.08	1330.5%	2	1
2	2	534.4%	9.53	9.20	10.25	4.00	0.00	2.13	0.13	1069.5%	2	4
—	—	—	9.07	—	—	5.00	0.00	2.13	1.10	888.7%	1	3
2	1	492.2%	8.05	7.35	8.55	6.00	0.00	2.13	0.01	750.8%	—	1
2	2	268.0%	6.07	5.35	6.15	8.00	0.00	2.13	0.07	543.4%	1	1
1	2	160.9%	4.64	3.95	5.35	9.00	—	—	—	—	—	—
—	—	—	—	—	—	10.00	0.00	0.23	0.02	168.0%	—	1
—	—	—	—	—	—	10.50	0.00	0.23	0.02	146.9%	—	1,502
1	—	152.3%	4.30	2.22	2.83	11.00	0.00	0.23	0.02	126.6%	3	7
—	—	—	—	—	—	11.50	0.00	0.03	0.03	67.2%	1	9
108	4	80.5%	1.82	1.52	1.71	12.00	0.00	0.22	0.13	85.5%	3	121
38	35	61.3%	1.12	1.04	1.21	12.50	0.00	0.03	0.01	44.5%	1	1,585
75	40	46.9%	0.73	0.60	0.74	13.00	0.04	0.07	0.07	37.5%	1,006	8,199
11,241	75	38.3%	0.33	0.31	0.35	13.50	0.17	0.21	0.20	35.5%	172	2,004
VALE $13.62
5,344	448	35.2%	0.12	0.10	0.12	14.00	0.45	0.52	0.51	38.3%	95	3,698
1,549	15	39.8%	0.04	0.01	0.05	14.50	0.50	1.06	1.00	64.7%	10	843
4,912	13	43.8%	0.02	0.00	0.02	15.00	0.92	1.86	1.49	130.1%	45	2,684
214	3	51.6%	0.03	0.00	0.03	15.50	—	—	2.12	—	—	—
5,815	5	62.5%	0.01	0.00	0.03	16.00	2.26	2.95	2.53	121.9%	800	4
12	1	98.8%	0.01	0.00	0.15	16.50	2.84	3.55	2.95	153.1%	—	0
5,346	2	87.5%	0.01	0.00	0.05	17.00	3.15	3.60	3.61	147.7%	1	1
3	1	96.9%	0.01	0.00	0.05	17.50	3.35	4.60	4.39	127.3%	—	0
277	2	96.9%	0.01	0.00	0.03	18.00	4.25	5.10	3.68	188.3%	1	0
15	1	129.7%	0.07	0.00	0.07	19.00	5.30	6.05	3.65	210.9%	—	0
1	2	224.6%	0.01	0.00	0.62	19.50	5.80	6.70	5.95	237.5%	—	0
43	2	176.6%	0.01	0.00	0.20	20.00	6.05	7.40	5.00	242.6%	—	0
0	—	389.1%	0.01	0.00	2.13	21.00	6.85	8.55	7.85	256.3%	2	0
—	—	—	—	—	—	22.00	7.90	9.55	8.58	280.1%	4	0
1	—	429.3%	0.01	0.00	2.13	23.00	—	—	—	—	—	—
2	2	464.6%	0.01	0.00	2.13	25.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the VALE put/call ratio?

For the October 16, 2026 expiration, the VALE put/call ratio based on open interest is 0.59 (20,675 puts vs 35,086 calls), and 3.19 based on today's volume. A ratio above 1 means more puts than calls.

What is VALE's implied volatility?

At-the-money implied volatility for VALE options expiring October 16, 2026 is about 36.9%, an annualized estimate of how much the market expects VALE S.A. stock to move.

How many VALE option expiration dates are there?

VALE has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.