StoneCo put volume heavy and directionally bearish

Bearish flow noted in StoneCo (STNE) with 10,808 puts trading, or 6x expected. Most active are Apr-25 10 puts and May-25 11 puts, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 7.79, while ATM IV is up nearly 16 points on the day. Earnings are expected on May 13th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue