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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 4,621 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 47.29%. Jan-26 25 calls and Jan-26 27 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 6th.

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