If you haven`t bought the $15 strike puts when i wrote you this article, which are trading now at $3.50 from $1.14:
Then you should know that looking at the NIO Inc. options chain ahead of earnings, i would buy the $12.5 strike price Calls with 2022-11-18 expiration date for about $0.38 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Do you think it will keep going up after 12.50 ? I sold 11500 shares on 11.55 I hope I won’t regret it. Could you please tell me when should I start building a long term position in Nio ? Thanks In advance
TopgOptions
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@Mohammadafyeh, for now i think $12.5 - $14 should be a fair value for NIO.
mbelasy
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@CryptoFundManager fair value to start a long term position you mean ?
darsh0583606
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Brilliant analysis as always! What’s your take on NVDA Jan 20, 2023 put options at 140 strike.