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Bullish flow in NIO with shares up 2.94%

Bullish flow in NIO (NIO), with shares up 14c, or 2.94%, near $5.08. Options volume running well above average with 167k contracts traded and calls leading puts for a put/call ratio of 0.59, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 0.5 points near 63.02,and below the 52wk median, suggesting an expected daily move of $0.20. Put-call skew flattened, suggesting a modestly bullish tone.

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