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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 10,324 calls trading, 2x expected, and implied vol increasing over 6 points to 50.84%. Mar-25 25 calls and Mar-25 24 puts are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.45. Earnings are expected on February 25th.

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