Short

Study: VALE5 x PETR4

This study show the possibility (ceteris paribus) of PETR4 loosing another 8.5% (going to R$7.53 level) in the next 16 days based in historical correlation with VALE5 in a one year time-frame. I'll play this doing a Long (VALE5) & Short (PETR4) and buying PETR4 puts.
Bearish PatternsPETR4petrobrasVALEVALE5

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