Moderately bullish activity in NIO (NIO), with shares down 2c near $3.48. Options volume relatively light with 19k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.58. Implied volatility (IV30) is higher by 2.0 points near 52.33,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.11. Put-call skew flattened, suggesting a modestly bullish tone.
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