Bullish option flow detected in NIO (NIO) with 64,694 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 75.87%. 8/1 weekly 5 calls and 8/8 weekly 5 calls are the most active options, with total volume in those strikes near 24,200 contracts. The Put/Call Ratio is 0.26. Earnings are expected on September 4th.
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