Bullish option flow detected in Jumia Technologies with 9,173 calls trading, 4x expected, and implied vol increasing almost 10 points to 95.70%. 9/27 weekly 5 calls and 10/4 weekly 5 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.20. Earnings are expected on November 14th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JMIA:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue