Bullish option flow detected in NIO with 31,372 calls trading, 1.1x expected, and implied vol increasing over 1 point to 67.32%. 4/14 weekly 9.5 calls and 4/14 weekly 9 calls are the most active options, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 0.38. Earnings are expected on April 28th.
Published first on TheFly
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