Mixed options sentiment in NIO with shares up 7.27%

Mixed options sentiment in NIO (NIO), with shares up 40c, or 7.27%, near $5.83. Options volume roughly in line with average with 119k contracts traded and calls leading puts for a put/call ratio of 0.16, compared to a typical level near 0.36. Implied volatility (IV30) dropped 1.41 near 58.48,in the bottom quartile of the past year, suggesting an expected daily move of $0.21. Put-call skew steepened, indicating increased demand for downside protection.