Bullish option flow detected in NIO with 104,254 calls trading, 4x expected, and implied vol increasing over 5 points to 88.34%. 12/2 weekly 13 calls and 12/2 weekly 12.5 calls are the most active options, with total volume in those strikes near 39,500 contracts. The Put/Call Ratio is 0.33. Earnings are expected on February 28th.
Published first on TheFly
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