Bullish option flow detected in Jumia Technologies with 8,219 calls trading, 1.2x expected, and implied vol increasing almost 25 points to 101.52%. 6/28 weekly 8 calls and 6/28 weekly 7 calls are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.43. Earnings are expected on August 15th.
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