Bullish option flow detected in NIO with 24,156 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 72.03%. Apr-23 9 calls and 4/28 weekly 9 calls are the most active options, with total volume in those strikes near 7,600 contracts. The Put/Call Ratio is 0.48. Earnings are expected on April 28th.
Published first on TheFly
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