Bullish option flow detected in NIO with 89,893 calls trading, 1.7x expected, and implied vol increasing almost 4 points to 72.51%. Feb-24 13 puts and 1/5 weekly 9 calls are the most active options, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 0.39. Earnings are expected on February 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NIO:
- NIO (NYSE:NIO) and XPeng December Deliveries Rise
- NIO Inc. Provides December, Fourth Quarter and Full Year 2023 Delivery Update
- Morgan Stanley Weighs in on NIO Stock Following Latest New Developments
- Chinese smartphone maker Xiaomi aiming high as it enters EV race, Reuters says
- Nio closes $2.2B equity investment from CYVN, as announced on December 18