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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 3,295 calls trading, 1.3x expected, and implied vol increasing over 5 points to 52.94%. 5/12 weekly 17.5 calls and 4/14 weekly 15.5 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 10th.

Published first on TheFly

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