Mixed options sentiment in NIO with shares down 2.0%

Mixed options sentiment in NIO (NIO), with shares down 12c near $5.63. Options volume running well above average with 134k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.34. Implied volatility (IV30) dropped 4.09 near 63.93,in the bottom quartile of the past year, suggesting an expected daily move of $0.23. Put-call skew flattened, suggesting a modestly bullish tone.The company announced earnings before the open on 2025-11-25with option markets having priced in a move of approximately 8.63%.