Bullish option flow detected in NIO (NIO) with 283,137 calls trading, 4x expected, and implied vol increasing over 12 points to 81.76%. 7/25 weekly 5 calls and 7/25 weekly 5.5 calls are the most active options, with total volume in those strikes near 79,500 contracts. The Put/Call Ratio is 0.33. Earnings are expected on September 4th.
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