NIO call volume above normal and directionally bullish

Bullish options flow detected NIO with 105,427 trading calls, 4x expected, and implied volume up over 5 points to 88.77%. 9/27 weekly 6 calls and 9/27 weekly 6 puts are the most active options, with a total volume of those strikes of almost 25,900 contracts. The put/call ratio is 0.24. Earnings are expected on November 14.