Bullish option flow detected in NIO with 141,011 calls trading, 3x expected, and implied vol increasing almost 6 points to 71.92%. 7/28 weekly 11.5 calls and 7/28 weekly 11 calls are the most active options, with total volume in those strikes near 34,600 contracts. The Put/Call Ratio is 0.17. Earnings are expected on August 9th.
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