NIO Unusual Options Activity For January 04

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A whale with a lot of money to spend has taken a noticeably bearish stance on NIO.

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Looking at options history for NIO (NYSE:NIO) we detected 11 strange 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 54% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $169,491 and 6, calls, for a total amount of $365,701.

What’s The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $2.5 to $30.0 for NIO over the last 3 months.

Volume & Open Interest Development

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 $2.5 to $30.0 in the last 30 days.

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NIO Option Volume And Open Interest Over Last 30 Days

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Options Call Chart

Biggest Options Spotted:


Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
NIO CALL SWEEP BEARISH 01/19/24 $2.50 $132.8K 2.2K 490
NIO CALL SWEEP BULLISH 01/06/23 $10.00 $94.2K 9.3K 12.6K
NIO PUT SWEEP BULLISH 06/16/23 $7.50 $51.5K 6.5K 546
NIO CALL TRADE BULLISH 01/19/24 $2.50 $38.7K 2.2K 212
NIO CALL SWEEP BEARISH 01/19/24 $17.50 $35.0K 9.0K 444

Where Is NIO Standing Right Now?

With a volume of 36,824,724, the price of NIO is up 12.05% at $10.79. RSI indicators hint that the underlying stock is currently neutral between overbought and oversold. Next earnings are expected to be released in 78 days.

What The Experts Say On NIO:

China Renaissance has decided to maintain their Hold rating on NIO, which currently sits at a price target of $10. Mizuho has decided to maintain their Buy rating on NIO, which currently sits at a price target of $28.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for NIO, Benzinga Pro gives you real-time options trades alerts.

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