Bullish option flow detected in NIO with 84,767 calls trading, 1.5x expected, and implied vol increasing almost 4 points to 76.55%. 2/3 weekly 12.5 calls and 2/3 weekly 12 calls are the most active options, with total volume in those strikes near 16,800 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 28th.
Published first on TheFly
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