NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO with 105,427 calls trading, 4x expected, and implied vol increasing over 5 points to 88.77%. 9/27 weekly 6 calls and 9/27 weekly 6 puts are the most active options, with total volume in those strikes near 25,900 contracts. The Put/Call Ratio is 0.24. Earnings are expected on November 14th.