Whales with a lot of money to spend have taken a noticeably bullish stance on NIO.
Looking at options history for NIO NIO we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $129,000 and 8, calls, for a total amount of $736,779.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $3.0 to $7.5 for NIO over the recent three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for NIO's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of NIO's whale activity within a strike price range from $3.0 to $7.5 in the last 30 days.
NIO Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NIO | CALL | SWEEP | BEARISH | 01/17/25 | $0.95 | $0.95 | $0.95 | $5.00 | $287.2K | 52.2K | 88 |
| NIO | CALL | SWEEP | BEARISH | 01/17/25 | $0.65 | $0.62 | $0.62 | $6.00 | $186.0K | 40.6K | 318 |
| NIO | CALL | SWEEP | NEUTRAL | 02/21/25 | $1.1 | $1.1 | $1.1 | $5.00 | $99.0K | 4.3K | 1.6K |
| NIO | PUT | SWEEP | BEARISH | 11/22/24 | $0.22 | $0.2 | $0.22 | $4.50 | $44.0K | 1.9K | 4.5K |
| NIO | PUT | SWEEP | BULLISH | 10/25/24 | $0.44 | $0.43 | $0.43 | $5.50 | $43.0K | 10.7K | 4.0K |
About NIO
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 160,000 EVs in 2023, accounting for about 2% of the China passenger new energy vehicle market.
In light of the recent options history for NIO, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is NIO Standing Right Now?
- Trading volume stands at 18,037,925, with NIO's price down by -5.54%, positioned at $5.21.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 47 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest NIO options trades with real-time alerts from Benzinga Pro.
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