Moderately bullish activity in NIO (NIO), with shares up 10c, or 1.67%, near $6.41. Options volume running well above average with 49k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.32. Implied volatility (IV30) is higher by 2.1 points near 64.68,and below the 52wk median, suggesting an expected daily move of $0.26. Put-call skew steepened, indicating increased demand for downside protection.
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