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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang with 5,760 calls trading, 2x expected, and implied vol increasing over 2 points to 65.81%. Jan-24 12.5 puts and Feb-23 16.5 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.53. Earnings are expected on February 28th.

Published first on TheFly

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