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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 67,269 calls trading, 1.1x expected, and implied vol increasing over 3 points to 75.80%. 9/12 weekly 6 calls and 9/12 weekly 6.5 calls are the most active options, with total volume in those strikes near 16,200 contracts. The Put/Call Ratio is 0.17. Earnings are expected on November 19th.

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