Bullish option flow detected in NIO with 174,304 calls trading, 5x expected, and implied vol increasing over 9 points to 80.39%. 7/28 weekly 13 calls and 7/28 weekly 12.5 calls are the most active options, with total volume in those strikes near 33,100 contracts. The Put/Call Ratio is 0.25. Earnings are expected on August 9th.
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