Bullish option flow detected in NIO (NIO) with 51,069 calls trading, 1.3x expected, and implied vol increasing over 1 point to 72.75%. 8/22 weekly 5.5 calls and 8/22 weekly 5 calls are the most active options, with total volume in those strikes near 17,100 contracts. The Put/Call Ratio is 0.23. Earnings are expected on September 2nd.
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