Bearish flow noted in StoneCo (STNE) with 3,375 puts trading, or 3x expected. Most active are Jan-25 10 puts and Jan-25 9 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 2.18, while ATM IV is up over 2 points on the day. Earnings are expected on March 18th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STNE:
- StoneCo said to be unimpressed by non-binding offers for Linx, Reuters reports
- StoneCo Launches R$ 2 Billion Share Buyback Program
- StoneCo call volume above normal and directionally bullish
- StoneCo price target lowered to $12 from $13 at Barclays
- Tiger Global take new stake in Flutter, cuts stake in Uber