Moderately bullish activity in NIO with shares down 0.32%

Moderately bullish activity in NIO (NIO), with shares down 2c near $4.62. Options volume relatively light with 77k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 1.1 points near 54.01,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.16. Put-call skew flattened, suggesting a modestly bullish tone.