Moderately bullish activity in NIO with shares up 0.78%

Moderately bullish activity in NIO (NIO), with shares up 6c, or 0.78%, near $7.14. Options volume relatively light with 149k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.44. Implied volatility (IV30) dropped 3.2 near 68.49,and below the 52wk median, suggesting an expected daily move of $0.31. Put-call skew flattened, suggesting a modestly bullish tone.