Moderately bullish activity in NIO (NIO), with shares up 4c, or 0.66%, near $6.84. Options volume relatively light with 124k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 2.0 points near 78.12,and above the 52wk median, suggesting an expected daily move of $0.34. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NIO:
- Mixed options sentiment in NIO with shares up 4.22%
- Nio Faces Legal Storm: Stocks Plunge Amid Allegations
- Recall Alert! BYD Stock (BYDDF) Sinks After Its Biggest-Ever Vehicle Pullback
- Moderately bullish activity in NIO with shares down 1.39%
- Nio Stock Tumbles Today — Is the EV Maker Facing a Major Fraud Case?