Bullish option flow detected in Jumia Technologies with 12,813 calls trading, 10x expected, and implied vol increasing almost 8 points to 96.49%. 3/1 weekly 5 calls and 3/1 weekly 5.5 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.14. Earnings are expected on May 23rd.
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