NIO Shares Rise 9.6% to $5.76
Moderately bullish activity in NIO (NIO), with shares up 50c, or 9.6%, near $5.76. Options volume more than double the daily average with 219k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 4.2 points near 61.96,and below the 52wk median, suggesting an expected daily move of $0.23. Put-call skew steepened, indicating increased demand for downside protection.
