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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO with 92,082 calls trading, 4x expected, and implied vol increasing over 1 point to 70.13%. 12/29 weekly 10 calls and 12/22 weekly 9 calls are the most active options, with total volume in those strikes near 21,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on February 29th.

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