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Coupang call volume above normal and directionally bullish

Bullish option flow detected in Coupang with 15,162 calls trading, 6x expected, and implied vol increasing over 2 points to 49.41%. Nov-23 17.5 calls and Nov-23 17 puts are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.58. Earnings are expected on November 7th.

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