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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO (NIO) with 59,626 calls trading, 2x expected, and implied vol increasing almost 4 points to 69.55%. Jun-26 5 calls and 5/1 weekly 7 calls are the most active options, with total volume in those strikes near 24,600 contracts. The Put/Call Ratio is 0.09. Earnings are expected on June 2nd.

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