STNE StoneCo Options Ahead of Earnings

TopgOptions Updated   
NASDAQ:STNE   StoneCo Ltd.
If you haven`t sold STNE here:

Now Analyzing the options chain of STNE StoneCo prior to the earnings report this week,
I would consider purchasing the 12usd strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $0.45
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.

Trade closed: stop reached:
STNE retraced to $12.57 today, and the puts are slightly profitable. Closed some of the position.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.