Bullish option flow detected in NIO with 78,234 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 72.60%. Aug-23 20 calls and Mar-23 9 calls are the most active options, with total volume in those strikes near 21,000 contracts. The Put/Call Ratio is 0.40. Earnings are expected on April 28th.
Published first on TheFly
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