Bearish flow noted in Jumia Technologies with 2,326 puts trading, or 2x expected. Most active are 11/1 weekly 4 puts and 11/8 weekly 4 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.74, while ATM IV is up nearly 6 points on the day. Earnings are expected on November 14th.
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