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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 10,546 calls trading, 4x expected, and implied vol increasing over 9 points to 114.62%. 5/31 weekly 6 calls and 6/7 weekly 7 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on August 15th.

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