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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO with 77,471 calls trading, 1.4x expected, and implied vol increasing over 1 point to 70.79%. Apr-25 6 calls and Sep-24 5.5 calls are the most active options, with total volume in those strikes near 21,000 contracts. The Put/Call Ratio is 0.31. Earnings are expected on November 14th.

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