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Jumia Technologies call volume above normal and directionally bullish
The Fly

Jumia Technologies call volume above normal and directionally bullish

Bullish option flow detected in Jumia Technologies with 13,841 calls trading, 3x expected, and implied vol increasing almost 8 points to 138.11%. 8/9 weekly 17.5 calls and 8/9 weekly 18 calls are the most active options, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 0.57. Earnings are expected on August 6th.

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