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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang with 18,159 calls trading, 4x expected, and implied vol increasing over 1 point to 54.45%. May-24 17.5 calls and Mar-24 16 calls are the most active options, with total volume in those strikes near 10,200 contracts. The Put/Call Ratio is 0.21. Earnings are expected on February 27th.

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