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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 6,141 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 51.05%. Jan-26 27 calls and Jan-26 25 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.02. Earnings are expected on May 6th.

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