TopgOptions

STNE StoneCo Options Ahead of Earnings

Short
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.

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