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: Jan 21, 2028
Days to expiration: 468
Share price: $13.62
Put/call ratio (OI): 0.95
Put/call ratio (volume): 1.07
ATM implied volatility: 33.7%
Expected move: ±$5.20
Open interest (C / P): 95.55K / 90.84K

VALE options summary

The VALE options chain for the January 21, 2028 expiration lists 12 call and 10 put contracts, with 468 days until expiration. Open interest stands at 95,554 calls and 90,836 puts, a put/call ratio of 0.95, which is fairly balanced between calls and puts. At-the-money implied volatility near the $15.00 strike is 33.7%, which implies the market expects a move of about ±$5.20 (38.2%) in VALE S.A. stock by expiration.

The most open interest sits at the $20.00 call (33.13K contracts) and the $12.00 put (40.45K contracts).

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

VALE options chain · January 21, 2028

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
0	10	—	13.35	0.00	0.00	3.00	0.00	0.09	0.05	68.4%	176	431
0	1	—	9.65	0.00	0.00	4.00	—	—	—	—	—	—
0	140	—	9.30	0.00	0.00	5.00	0.02	0.09	0.08	52.5%	8	98
96	2	40.1%	5.57	5.60	5.90	8.00	0.22	0.25	0.25	38.9%	2	2,099
8,034	1	33.9%	4.15	3.95	4.15	10.00	0.54	0.61	0.60	36.0%	2	36,673
1,965	2	33.6%	2.64	2.61	2.85	12.00	1.15	1.34	1.24	35.7%	1	40,455
VALE $13.62
9,646	8	33.0%	1.38	1.15	1.50	15.00	2.73	2.97	2.78	34.5%	2	6,508
17,781	23	33.3%	0.90	0.83	0.98	17.00	3.25	5.60	3.25	54.0%	2	4,451
33,128	6	34.7%	0.46	0.45	0.56	20.00	0.00	0.00	5.95	—	20	0
15,153	3	38.0%	0.23	0.20	0.28	25.00	9.80	13.75	11.50	79.9%	1	121
9,430	2	41.0%	0.13	0.10	0.17	30.00	14.00	17.80	16.27	72.7%	1	0
321	2	42.5%	0.18	0.03	0.15	32.00	—	—	—	—	—	—

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 January 21, 2028 expiration, the VALE put/call ratio based on open interest is 0.95 (90,836 puts vs 95,554 calls), and 1.07 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 January 21, 2028 is about 33.7%, 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.