Mixed options sentiment in NIO with shares down 0.35%

Mixed options sentiment in NIO (NIO), with shares down 2c near $7.12. Options volume relatively light with 70k contracts traded and calls leading puts for a put/call ratio of 0.27, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 4.4 points near 72.87,and above the 52wk median, suggesting an expected daily move of $0.33. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: NIO (NIO) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.