---
title: "Trending | CPNG Plummets 13% on Wednesday, Some Put options Soar 400%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285483542.md"
description: "On May 6, Eastern Time, Coupang options saw a total of 132916 contracts traded, with calls accounting for 70% and puts making up 29%."
datetime: "2026-05-07T04:26:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285483542.md)
  - [en](https://longbridge.com/en/news/285483542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285483542.md)
---

# Trending | CPNG Plummets 13% on Wednesday, Some Put options Soar 400%

On May 6, Eastern Time, Coupang options saw a total of 132916 contracts traded, with calls accounting for 70% and puts making up 29%.

Coupang has 508109 contracts outstanding, with calls accounting for 67% and puts making up 32%.

The top volume gainer was the 18.5 dollars Call option expiring on May 8, 2026, with 1107 contracts traded.

On the news front, Based on recent key news:

1\. May 6, Coupang reported a Q1 net loss of $266 million despite an 8% revenue increase, leading to a sharp decline in stock price. The company's gross profit and margins fell, impacting investor sentiment. Source: SEC 8-K Report

2\. May 6, Citigroup cut Coupang's price target from $23.00 to $22.20, reflecting concerns over profitability and growth prospects. This downgrade contributed to the stock's decline. Source: Citigroup

3\. May 6, regulatory challenges intensified as the Korean Fair Trade Commission designated Bom Kim as the effective controller of Coupang, raising governance concerns. This regulatory pressure added to the stock's volatility. Source: Yonhap NewsE-commerce faces margin pressure, regulatory risks.

Please note: The chart below does not include options expiring within five days.

![image](https://assets.lbctrl.com/h5hub/optrank/images/2026-05-07/ST_US_CPNG_en.png)

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