Mixed options sentiment in NIO with shares down 1.57%

Mixed options sentiment in NIO (NIO), with shares down 10c near $5.97. Options volume roughly in line with average with 83k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.26. Implied volatility (IV30) dropped 4.06 near 63.59,and below the 52wk median, suggesting an expected daily move of $0.24. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: NIO (NIO) will report earnings before the open on 2026-05-21.Option markets are pricing in a 50% probability of a move greater than 8.38% or $0.50.