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StoneCo call volume above normal and directionally bullish

Bullish option flow detected in StoneCo with 1,836 calls trading, 1.4x expected, and implied vol increasing over 3 points to 80.94%. Apr-23 11 calls and Mar-23 11 calls are the most active options, with total volume in those strikes near 450 contracts. The Put/Call Ratio is 0.28. Earnings are expected on March 14th.

Published first on TheFly

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