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NIO call volume above normal and directionally bullish

NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 49,617 calls trading, 1.1x expected, and implied vol increasing over 5 points to 85.05%. 11/8 weekly 5.5 calls and Jan-26 8 calls are the most active options, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 0.22. Earnings are expected on November 20th.

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