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.
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