Mixed options sentiment in NIO with shares down 3.47%

Mixed options sentiment in NIO (NIO), with shares down 22c near $6.25. Options volume roughly in line with average with 61k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.29. Implied volatility (IV30) dropped 1.27 near 62.75,and below the 52wk median, suggesting an expected daily move of $0.25. Put-call skew steepened, indicating increased demand for downside protection.