Bearish flow noted in StoneCo with 1,327 puts trading, or 1.3x expected. Most active are 4/6 weekly 7 puts and Mar-23 7.5 puts, with total volume in those strikes near 970 contracts. The Put/Call Ratio is 2.00, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 14th.
Published first on TheFly
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Read More on STNE:
- StoneCo call volume above normal and directionally bullish
- StoneCo added to ‘Tactical Outperform’ list at Evercore ISI
- StoneCo Ltd. to Announce Fourth Quarter and Fiscal Year 2022 Financial Results on March 14, 2023
- StoneCo Announces Board Changes
- StoneCo sells 16.8M shares of Banco Inter for R$218M
