Bullish option flow detected in Jumia Technologies with 12,047 calls trading, 1.5x expected, and implied vol increasing almost 6 points to 114.67%. 3/8 weekly 7 calls and 3/8 weekly 8 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.19. Earnings are expected on May 23rd.
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