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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 115,838 calls trading, 8x expected, and implied vol increasing almost 5 points to 60.67%. 1/2 weekly 6 calls and 1/2 weekly 5.5 calls are the most active options, with total volume in those strikes near 37,600 contracts. The Put/Call Ratio is 0.11. Earnings are expected on March 20th.

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