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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 15,124 calls trading, 3x expected, and implied vol increasing over 1 point to 32.68%. Mar-25 25 calls and 3/7 weekly 26 calls are the most active options, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 6th.

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