Shareholders of StoneCo Ltd (Symbol: STNE) can enhance their income by selling a January 2028 covered call option at a $14.47 strike price. With a current bid premium of $1.70, this strategy could yield an additional 9.8% return, bringing the total potential annualized return to 33.1%, based on the current stock price of $10.84. If the stock rises above $14.47, shareholders may miss out on further gains, but they could still realize a substantial 49.2% return if the stock is called away.
As of Tuesday afternoon, StoneCo’s trading history indicates a trailing twelve-month volatility of 54%. In the broader market, S&P 500 options trading showed a put volume of 2.40 million contracts and a call volume of 4.19 million, resulting in a put-to-call ratio of 0.57. This suggests a current preference for call options among traders.
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