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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 3,748 calls trading, 1.3x expected, and implied vol increasing over 4 points to 107.72%. 11/8 weekly 7 calls and Oct-24 5 puts are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.32. Earnings are expected on November 14th.

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