Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang with 11,653 calls trading, 1.9x expected, and implied vol increasing over 1 point to 64.32%. 8/30 weekly 24.5 calls and Aug-24 26 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.38. Earnings are expected on August 6th.