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Coupang call volume above normal and directionally bullish
The Fly

Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang with 45,333 calls trading, 5x expected, and implied vol increasing over 2 points to 49.63%. 5/3 weekly 23 calls and Jun-24 22.5 calls are the most active options, with total volume in those strikes near 32,300 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 7th.

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