Bullish flow in NIO (NIO), with shares up 22c, or 4.49%, near $5.00. Options volume running well above average with 261k contracts traded and calls leading puts for a put/call ratio of 0.23, compared to a typical level near 0.33. Implied volatility (IV30) is higher by 0.2 points near 57.06,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.18. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Buy at Freedom Capital.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO:
- Tesla Stock (TSLA) Slips as China-Made EVs Pick Up the Sales Slack
- XPeng, NIO, or Li Auto: Which Chinese EV Maker Led November Deliveries?
- Mixed options sentiment in NIO with shares down 5.73%
- Charged: Musk says Austin Robotaxi fleet ‘should double’ next month
- Analysts at Goldman Sachs, Piper Sandler Cut Li Auto Stock (LI) Price Target. Here’s Why