Bullish option flow detected in NIO with 56,019 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 69.97%. Apr-23 9 calls and Apr-23 9 puts are the most active options, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 0.47. Earnings are expected on April 28th.
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Published first on TheFly
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