Jumia Technologies call volume above normal and directionally bullish

Bullish option flow detected in Jumia Technologies with 8,192 calls trading, 1.0x expected, and implied vol increasing over 3 points to 108.51%. 5/31 weekly 7 calls and 6/14 weekly 8.5 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 15th.