CINT Butterfly Strategy
CINT (CI&T Inc), in the Technology sector, (Software - Infrastructure industry), listed on NYSE.
CI&T Inc., along with its affiliates, assists international corporations in achieving digital transformation by furnishing strategic guidance, innovative design, and expert software engineering services. The company specializes in creating tailored software solutions, leveraging sophisticated technologies like machine learning, artificial intelligence, advanced analytics, cloud platforms, and mobile capabilities. Established in 1995, CI&T Inc. is headquartered in Campinas, Brazil.
CINT (CI&T Inc) trades in the Technology sector, specifically Software - Infrastructure, with a market capitalization of approximately $431.0M, a trailing P/E of 10.66, a beta of 0.80 versus the broader market, a 52-week range of 3.16-6.1, average daily share volume of 143K, a public-listing history dating back to 2021, approximately 7K full-time employees. These structural characteristics shape how CINT stock options price implied volatility around earnings windows, capital events, and macro-driven sector rotations.
A beta of 0.80 places CINT roughly in line with broader market moves, so the strategy payoff and realized volatility track the index-equivalent baseline. The trailing P/E of 10.66 is on the value side, where IV often compresses outside event windows because forward growth expectations are already discounted into the share price.
What is a butterfly on CINT?
A long call butterfly buys one lower-strike call, sells two ATM calls, and buys one higher-strike call, paying a small net debit for a defined-risk position that maxes out if the underlying pins the middle strike at expiration.
Current CINT snapshot
As of June 30, 2026, spot at $3.40, ATM IV 21.40%, IV rank 1.84%, expected move 6.14%. The butterfly on CINT below is built from the same end-of-day chain, with strikes snapped to listed contracts and premiums pulled from the bid/ask midpoint at a 17-day expiry.
Why this butterfly structure on CINT specifically: CINT IV at 21.40% is on the cheap side of its 1-year range, which favors premium-buying structures like a CINT butterfly, with a market-implied 1-standard-deviation move of approximately 6.14% (roughly $0.21 on the underlying). The 17-day window matched to the front-month expiry keeps theta exposure bounded while still capturing the post-snapshot move; longer-dated CINT expiries trade a higher absolute premium for lower per-day decay. Position sizing on CINT should anchor to the underlying notional of $3.40 per share and to the trader's directional view on CINT stock.
CINT butterfly setup
The CINT butterfly below is built from the end-of-day chain, with each option leg priced at the bid/ask midpoint of its listed strike. With CINT near $3.40, the first option leg uses a $3.23 strike; additional legs (when the strategy has them) anchor to spot-relative offsets. Premiums come from the bid/ask midpoint on the listed CINT chain at a 17-day expiry; the cross-strike IV skew is reflected directly in the per-leg values rather than approximated. Quantity sizing assumes one contract per option leg (or 100 CINT shares for the stock leg in covered calls and collars).
| Action | Type | Strike / Basis | Premium (est) |
|---|---|---|---|
| Buy 1 | Call | $3.23 | N/A |
| Sell 2 | Call | $3.40 | N/A |
| Buy 1 | Call | $3.57 | N/A |
CINT butterfly risk and reward
- Net Premium / Debit
- N/A
- Max Profit (per contract)
- Unbounded
- Max Loss (per contract)
- Unbounded
- Breakeven(s)
- None on modeled curve
- Risk / Reward Ratio
- N/A
Max profit equals the wing width minus net debit times 100 (reached when the underlying pins the middle strike); max loss equals the net debit times 100. Two breakevens at lower-wing plus debit and upper-wing minus debit.
CINT butterfly payoff curve
Modeled P&L at expiration across a range of underlying prices for the butterfly on CINT. Each row is one sampled price point from the computed payoff curve; the full curve uses 200 price points internally before being summarized into 10 rows here.
When traders use butterfly on CINT
Butterflies on CINT are pinning bets - traders use them when they expect CINT to settle near a specific level at expiration (often the prior close, a round number, or the max-pain strike) and want defined-risk exposure to that outcome.
CINT thesis for this butterfly
The market-implied 1-standard-deviation range for CINT extends from approximately $3.19 on the downside to $3.61 on the upside. A CINT long call butterfly is a pinning play: it pays maximum at the middle strike if CINT settles there at expiration, with the wing legs capping both the cost and the maximum loss to the net debit. Current CINT IV rank near 1.84% sits in the lower third of its 1-year distribution, where IV often re-expands toward the mean; this favors premium-buying structures and disadvantages premium-selling structures on CINT at 21.40%. As a Technology name, CINT options can move on sector-level news flow (peer earnings, regulatory updates, industry-specific macro data) in addition to CINT-specific events.
CINT butterfly positions are structurally neutral / pin (limited-risk, limited-reward); the modeled P&L assumes European-style exercise at expiration and ignores early assignment, transaction costs, dividends paid before expiry on the stock leg (when present), and the bid-ask spread on the listed chain. CINT positions also carry Technology sector concentration risk; news flow inside the sector (peer earnings, regulatory shifts, supply-chain headlines) can move CINT alongside the broader basket even when CINT-specific fundamentals are unchanged. Always rebuild the position from current CINT chain quotes before placing a trade.
Frequently asked questions
- What is a butterfly on CINT?
- A butterfly on CINT is the butterfly strategy applied to CINT (stock). The strategy is structurally neutral / pin (limited-risk, limited-reward): A long call butterfly buys one lower-strike call, sells two ATM calls, and buys one higher-strike call, paying a small net debit for a defined-risk position that maxes out if the underlying pins the middle strike at expiration. With CINT stock trading near $3.40, the strikes shown on this page are snapped to the nearest listed CINT chain strike and the premiums come straight from the end-of-day bid/ask midpoint.
- How are CINT butterfly max profit and max loss calculated?
- Max profit equals the wing width minus net debit times 100 (reached when the underlying pins the middle strike); max loss equals the net debit times 100. Two breakevens at lower-wing plus debit and upper-wing minus debit. For the CINT butterfly priced from the end-of-day chain at a 30-day expiry (ATM IV 21.40%), the computed maximum profit is unbounded per contract and the computed maximum loss is unbounded per contract. Live intraday quotes will differ as the chain moves through the trading session.
- What is the breakeven for a CINT butterfly?
- The breakeven for the CINT butterfly priced on this page is no defined breakeven on the modeled curve at expiration, derived from end-of-day chain premiums. Breakeven is the underlying price at which the strategy's P&L crosses zero ignoring transaction costs and assignment risk. The current CINT market-implied 1-standard-deviation expected move is approximately 6.14%; if the move sits well outside the breakeven distance, the structure's risk-reward becomes correspondingly tighter.
- When should you consider a butterfly on CINT?
- Butterflies on CINT are pinning bets - traders use them when they expect CINT to settle near a specific level at expiration (often the prior close, a round number, or the max-pain strike) and want defined-risk exposure to that outcome.
- How does current CINT implied volatility affect this butterfly?
- CINT ATM IV is at 21.40% with IV rank near 1.84%, which is on the low end of its 1-year range. Premium-buying structures (long call, long put, debit spreads) are relatively cheap in this regime; premium-selling structures collect less credit per unit risk.