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NIO call volume above normal and directionally bullish

Bullish option flow detected in NIO with 42,377 calls trading, 1.3x expected, and implied vol increasing over 3 points to 81.59%. 2/9 weekly 6 calls and 2/9 weekly 5.5 calls are the most active options, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 0.29. Earnings are expected on February 29th.

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