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Coupang call volume above normal and directionally bullish
The Fly

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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