Bullish option flow detected in NIO (NIO) with 116,773 calls trading, 4x expected, and implied vol increasing over 5 points to 95.47%. 8/29 weekly 7 calls and 8/29 weekly 6.5 calls are the most active options, with total volume in those strikes near 35,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on September 2nd.
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