Bullish option flow detected in NIO (NIO) with 174,109 calls trading, 6x expected, and implied vol increasing over 6 points to 81.60%. 8/22 weekly 6 calls and 8/29 weekly 6 calls are the most active options, with total volume in those strikes near 47,800 contracts. The Put/Call Ratio is 0.21. Earnings are expected on September 2nd.
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