NIO Options Ahead of Earnings

31 Ogo 2024

If you haven`t sold the NIO`s speculative bubble:
bubble

Now analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-9-6,
for a premium of approximately $0.24.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

16 Sep 2024

Dagangan ditutup: sasaran tercapai

NIO traded at $5.03 at expiration and the Calls went up from $0.24 (when I wrote this article) to $1.03 at the close of the day, for a fantastic 4.29X gain!
Congrats to those who bought the calls!