Primary read
Bearish
Put-side pressure
Ticker Options Intelligence
STNE options intelligence
StoneCo Ltd options pressure, expected move, strike concentration, and Sharemaestro trend context.
Conviction
52
Market data through 31 Jul 2026
Checked 2 Aug 2026 06:14 · complete available chain
Put-side pressure
Bearish pressure
STNE currently carries bearish options pressure with a 52/100 conviction score. The nearest-chain expected move is 9.7%, with volume/open-interest participation at 0.00.
Expected move
9.7%
Wider near-term move priced
Activity / OI
0.00
Current volume is quieter versus prior open interest
Put-call
3.27
Put-side skew
Trend fit
89
Options agree with trend context
Weekly backdrop
+5.7%
RS -18.2
Expected move
9.7%
Put-call volume
3.27
Volume / OI
0.00
Reference IV
0.47
Max pain
10.00
Underlying
11.38
Nearest expiry
21 Aug 2026
Contracts
216
Research Brief
STNE has a bearish chain read with 52/100 evidence alignment.
The practical question is whether the underlying confirms the options concentration. The chain prices a reference range of 10.28–12.47; The largest call open-interest concentration is 13.00; the largest put concentration is 11.00. The most active strike by current volume is 10.00.
Priced range10.28–12.47
Call concentration13.00
Put concentration11.00
Max pain reference10.00
- Price remains weak while put-side concentration persists.
- The current chain read already agrees with the stored weekly trend context.
- Price recovers while put pressure fades or reverses toward calls.
Priced Move
Where the chain says movement becomes exceptional
Options imply 10.28 to 12.47. Max pain at 10.00 lies outside the priced range, so it is a weak near-term anchor.
Spot
Max pain
10.2811.38 ± 1.1012.47
Confirmation level
A close beyond 12.47 or below 10.28 at the 21 Aug expiry would exceed the move currently priced by this chain.
Important limitation
The range is a pricing reference, not a forecast; volatility can reprice sharply after news or as expiry approaches.
Score Construction
Why conviction is 52/100
Pressure is 50/100 toward puts; conviction uses its strength, while the signal label carries its direction.
Directional pressure50 × 42%
+20.8
How strongly activity leans toward calls or puts.
Participation6 × 22%
+1.3
Volume relative to existing open interest and contract-level activity.
Trend agreement89 × 26%
+23.2
How closely the chain read agrees with the underlying trend backdrop.
Volatility71 × 10%
+7.1
The intensity of implied volatility and the priced move.
Positioning by Strike
Where open interest and current activity concentrate
The largest call open-interest concentration is 13.00; the largest put concentration is 11.00. The most active strike by current volume is 10.00. Open-interest concentrations show where positions exist; they are not proven support, resistance or dealer exposure.
Put open interestStrikeCall open interest
0
3.00-73.6%
33
0
4.00-64.8%
0
0
5.00-56.0%
0
1
6.00-47.3%
0
1
7.00-38.5%
37
28
8.00-29.7%
9
107
9.00-20.9%
10
719
10.00-12.1%
1772
767
11.00-3.3%
2050
46
12.005.5%
623
51
13.0014.3%
2719
1
14.0023.1%
44
8
15.0031.9%
22
0
16.0040.7%
6
1
17.0049.5%
41
1
18.0058.2%
0
0
19.0067.0%
0
Nearest spot strike Max pain strikeBars show relative OI within this expiry
Volatility Curve
Balanced volatility curve
Near- and longer-dated implied volatility are broadly aligned; no exceptional front-expiry premium is visible.
0.47
21 Aug
21d
0.50
18 Sep
49d
0.55
16 Oct
77d
0.56
20 Nov
112d
0.52
15 Jan
168d
0.45
21 Jan
539d
Volatility by Strike
Balanced wings
Comparable upside calls and downside puts carry broadly similar implied volatility.
10
11
12
13
Put IV Call IV
Historical Replay
How matured reads behaved through expiry
Forward validation is building. The earliest eligible stored read expires 21 Aug 2026; its result will appear after the matched closing reference is stored.
Directional follow-through-
Moves contained by pricing-
Average expiry move-
Validation readiness
- Versioned calculationv2 observations only
- Independent entryone read per market session
- Point-in-time referencerequired at entry
- Matched expiry closereported only after maturity
Only v2 snapshots with a point-in-time market reference are eligible. Each observation uses one read per market session and the first weekly close on or immediately after expiry. It is an evidence audit, not an executable strategy or evidence of future performance.
Evidence Quality
High
Retained chain100%
Implied volatility100%
Two-sided quotes100%
Open interest100%
- Chain status
- Complete available chain
- Market date
- 31 Jul 2026
- Calculation
- v2.0
- Contracts
- 216 / 216
- No material coverage gap was detected in the retained chain.
Aggregate chain data supports concentration, participation and pricing analysis. It does not identify trade aggressor, opening versus closing activity, multi-leg intent or dealer inventory.
Options Intent Radar
Earnings/event positioning
Options activity is concentrated around a live event window, so the cleanest read is event positioning rather than pure direction.
Put-side pressure is building while price is rising, a cautionary divergence.
Earnings/event positioning matters because it connects the options headline to the actual evidence: $24790 of estimated gross traded notional, puts · 46-90 days · otm, and a bearish flow against rising price backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.
Options pressure-50
1W price+5.7%
Call premium33%
Put premium67%
Notional split
C 33% / P 67%
Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness
0.00
Volume divided by open interest across the visible chain.
Trend fit
89/100
Agreement between options pressure and Sharemaestro market context.
Event window
6 Aug
Matched earnings event is 4 days away.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction.
Puts · 46-90 days · OTM
puts cluster with 213 contracts traded, $13792 estimated gross traded notional, and 56% of visible notional.
$13792
Calls · 91+ days · OTM
calls cluster with 44 contracts traded, $3448 estimated gross traded notional, and 14% of visible notional.
$3448
Puts · 8-21 days · OTM
puts cluster with 137 contracts traded, $2922 estimated gross traded notional, and 12% of visible notional.
$2922
Calls · 91+ days · ITM
calls cluster with 15 contracts traded, $2738 estimated gross traded notional, and 11% of visible notional.
$2738
Calls · 46-90 days · OTM
calls cluster with 33 contracts traded, $1425 estimated gross traded notional, and 6% of visible notional.
$1425
Setup Classification
Opportunity and risk frame
Positioning agrees with the Sharemaestro trend backdrop.
The tape is pricing or displaying unusually elevated activity.
Expected move or upcoming earnings makes the setup more event-sensitive.
Activity Anomaly
Warming up
3 of 10 completed market sessions are available. More session history is needed before activity can be compared with a reliable normal.
Baseline: 3 completed sessions
Volume rank-
Volume/OI rank-
IV rank-
Market Context
Underlying confirmation
Close11.38
1W+5.7%
RS-18.2
Fair value+0.2%
Options pressure-50
Speculation6
Volatility71
Trend fit89
Today Versus Normal
Stored-options context
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
30d avg - · 3/10 sessions
-
90d avg - · 3/30 sessions
-
180d avg - · 3/60 sessions
-
Pressure Trail
Recent pressure and volatility
29 Jul 10:55
Volatility
Pressure -44
Move 10.0%
30 Jul 10:46
Volatility
Pressure 80
Move 12.1%
30 Jul 15:03
Volatility
Pressure -69
Move 12.5%
30 Jul 15:38
Volatility
Pressure -68
Move 10.7%
30 Jul 19:55
Volatility
Pressure -64
Move 10.9%
2 Aug 05:14
Bearish
Pressure -50
Move 9.7%
Strike Map
Where activity is clustering
Strike3.00
Calls · V 0 · OI 33
Puts · V 0 · OI 0
Strike4.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike5.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike6.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike7.00
Calls · V 0 · OI 37
Puts · V 0 · OI 1
Strike8.00
Calls · V 0 · OI 9
Puts · V 0 · OI 28
Strike9.00
Calls · V 0 · OI 10
Puts · V 0 · OI 107
Strike10.00
Calls · V 0 · OI 1772
Puts · V 102 · OI 719
Term Structure
Expiration activity
Expiry21 Aug 2026
Contracts34
Avg IV0.47
Put-call9.13
Expiry18 Sep 2026
Contracts34
Avg IV0.50
Put-call3.33
Expiry16 Oct 2026
Contracts46
Avg IV0.55
Put-call7.63
Expiry20 Nov 2026
Contracts46
Avg IV0.56
Put-call-
Expiry15 Jan 2027
Contracts30
Avg IV0.52
Put-call-
Skew
Call/put IV balance
21 Aug 2026Put IV premium
Call IV0.50
Put IV0.63
Skew0.13
18 Sep 2026Balanced skew
Call IV0.47
Put IV0.49
Skew0.02
16 Oct 2026Put IV premium
Call IV0.48
Put IV0.65
Skew0.17
20 Nov 2026Balanced skew
Call IV0.55
Put IV0.51
Skew-0.04
15 Jan 2027Balanced skew
Call IV0.50
Put IV0.47
Skew-0.03
Contract Tape
Most active contracts
ContractSTNE261016P00010470
SidePut
Expiry16 Oct 2026
Strike10.47
Volume180
OI363
IV0.55
ContractSTNE260821P00010000
SidePut
Expiry21 Aug 2026
Strike10.00
Volume102
OI719
IV0.63
ContractSTNE260821P00011000
SidePut
Expiry21 Aug 2026
Strike11.00
Volume35
OI767
IV0.47
ContractSTNE260918P00011000
SidePut
Expiry18 Sep 2026
Strike11.00
Volume30
OI57
IV0.42
ContractSTNE261016C00013470
SideCall
Expiry16 Oct 2026
Strike13.47
Volume23
OI327
IV0.48
ContractSTNE270115C00016000
SideCall
Expiry15 Jan 2027
Strike16.00
Volume21
OI29
IV0.50
ContractSTNE270115C00012470
SideCall
Expiry15 Jan 2027
Strike12.47
Volume15
OI2837
IV0.54
ContractSTNE270115C00011000
SideCall
Expiry15 Jan 2027
Strike11.00
Volume15
OI221
IV0.51
Research Graph
Related research and context
Sharemaestro research
Related News
No recent ticker-specific news yet.
Market Watch
No recent market-watch posts yet.
Earnings
Plain English Guide
Options context
What usually looks constructive
What usually looks cautious
Options can move quickly and can lose value fast. Treat this as research context, not a buy or sell instruction.