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Coupang call volume above normal and directionally bullish

Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang (CPNG) with 15,124 calls trading, 3x expected, and implied vol increasing over 1 point to 32.68%. Mar-25 25 calls and 3/7 weekly 26 calls are the most active options, with total volume in those strikes near 10,100 contracts. The Put/Call Ratio is 0.17. Earnings are expected on May 6th.

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