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Aug 13, 2023 1:14 PM

STNE StoneCo Options Ahead of Earnings Long

StoneCo Ltd.NASDAQ

Description

If you haven`t bought STNE when they named an executive from JPMorgan Chase backed by Buffett:

Or sold it here:


Then analyzing the options chain and the chart patterns of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


Comments
AMIT-RAJAN
Excellent study, thank you for sharing this
TopgOptions
@AMIT-RAJAN, thank you!
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