Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 10,493 calls trading, 4x expected, and implied vol increasing almost 2 points to 32.92%. Dec-25 35 calls and Jan-26 35 calls are the most active options, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 0.01. Earnings are expected on February 25th.