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NIO call volume above normal and directionally bullish
The Fly

NIO call volume above normal and directionally bullish

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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