Mixed options sentiment in NIO (NIO), with shares down 32c near $5.18. Options volume running well above average with 230k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.34. Implied volatility (IV30) dropped 2.71 near 54.85,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 a downgrade to Neutral at Macquarie.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO:
- 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
- Tesla Stock Tumbles as China Sales Slow, Musk Plots The Great ‘X’-Ploration
- XPeng, NIO, or Li Auto: Which Chinese EV Maker Led November Deliveries?
- Nio delivers 36,275 vehicles in November, up 76.3%