Buy Vallourec turbo calls

As part of our section dedicated to derivatives, we are implementing this Thursday a bullish strategy on Vallourec via code turbo calls 9G2IBwith unlimited maturity.

The equipment manufacturer for the oil industry has regained form on the stock market. Thanks to the signing of a ten-year contract with the sector giant Saudi Aramco for the delivery of premium casing tubes, the action soared yesterday by 9% at the best of the session.

A “clearly positive message sent”, underlines the analyst firm Invest Securities, for a company of which Oddo BHF points out the strong discount compared to its competitors.

Enough to bet on a continuation of the catch-up on the stock market with these certificates whose knock-out barrier of 7.42 euros is far from nearly 26% of the current level of the share price, for a leverage effect of 3.5 times.

Quotation range: 0.3 – 0.31 euro.