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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 22,671 calls trading, 1.1x expected, and implied vol increasing over 2 points to 62.11%. Apr-26 5.5 calls and 4/2 weekly 6 puts are the most active options, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 0.29. Earnings are expected on June 2nd.

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