Study: VALE5 x PETR4

This study show the possibility (ceteris paribus) of BMFBOVESPA: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.
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