Mixed options sentiment in NIO (NIO), with shares up 28c, or 4.22%, near $7.04. Options volume relatively light with 85k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.39. Implied volatility (IV30) dropped 0.39 near 76.24,and above the 52wk median, suggesting an expected daily move of $0.34. Put-call skew steepened, indicating increased demand for downside protection.
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