Moderately bullish activity in NIO with shares up 6.03%

Moderately bullish activity in NIO (NIO), with shares up 34c, or 6.03%, near $6.07. Options volume roughly in line with average with 180k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.38. Implied volatility (IV30) dropped 0.08 near 72.33,and below the 52wk median, suggesting an expected daily move of $0.28. Put-call skew flattened, suggesting a modestly bullish tone.