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StoneCo call volume above normal and directionally bullish
The Fly

StoneCo call volume above normal and directionally bullish

Bullish option flow detected in StoneCo with 2,500 calls trading, 1.2x expected, and implied vol increasing almost 3 points to 65.75%. 3/22 weekly 16.5 calls and Apr-24 19 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.20. Earnings are expected on March 18th.

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