Bullish option flow detected in Jumia Technologies with 20,048 calls trading, 3x expected, and implied vol increasing over 15 points to 119.84%. Jun-24 11.5 calls and 6/7 weekly 8.5 calls are the most active options, with total volume in those strikes near 9,700 contracts. The Put/Call Ratio is 0.10. Earnings are expected on August 15th.
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