Bearish flow noted in StoneCo with 1,355 puts trading, or 1.3x expected. Most active are 9/22 weekly 13 puts and 9/22 weekly 14 puts, with total volume in those strikes near 700 contracts. The Put/Call Ratio is 5.77, while ATM IV is up over 1 point on the day. Earnings are expected on November 16th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on STNE:
- StoneCo price target raised to $13 from $12 at JPMorgan
- StoneCo Informs Correction in the Number of Weighted Average Diluted Shares
- StoneCo price target raised to $22 from $19 at Evercore ISI
- StoneCo Stock (NASDAQ:STNE) Gained on Encouraging Q2 Results
- StoneCo reports Q2 EPS R$0.94 vs. R$0.18 last year
