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Jumia Technologies call volume above normal and directionally bullish
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Jumia Technologies call volume above normal and directionally bullish

Bullish option flow detected in Jumia Technologies with 3,166 calls trading, 3x expected, and implied vol increasing over 1 point to 108.05%. May-24 6 calls and May-24 7 calls are the most active options, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 0.09. Earnings are expected on May 7th.

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