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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 58,591 calls trading, 2x expected, and implied vol increasing over 1 point to 63.94%. 3/13 weekly 6 calls and Mar-26 6 calls are the most active options, with total volume in those strikes near 19,900 contracts. The Put/Call Ratio is 0.30. Earnings are expected on June 2nd.

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