Bullish option flow detected in Jumia Technologies with 27,436 calls trading, 9x expected, and implied vol increasing over 1 point to 99.75%. Mar-24 8.5 calls and 3/22 weekly 8 calls are the most active options, with total volume in those strikes near 19,000 contracts. The Put/Call Ratio is 0.04. Earnings are expected on May 23rd.
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