Bullish option flow detected in NIO (NIO) with 77,782 calls trading, 1.5x expected, and implied vol increasing almost 7 points to 84.39%. 11/1 weekly 6 calls and 11/1 weekly 5.5 calls are the most active options, with total volume in those strikes near 27,100 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 14th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO: