Bullish option flow detected in NIO with 51,309 calls trading, 1.3x expected, and implied vol increasing over 4 points to 67.93%. 9/29 weekly 8.5 calls and 9/29 weekly 8 puts are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.44. Earnings are expected on November 9th.
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