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TopgOptions
Dec 3, 2023 1:14 PM

NIO  Long

NIO Inc.NYSE

Description

If you haven`t sold NIO at this crazy valuation:

or after the BMW comparision:

or reentered before the breakout:


Then analyzing the options chain and the chart patterns of NIO prior to the earnings report this week,
I would consider purchasing the 7usd strike price at the money Calls with
an expiration date of 2023-12-15,
for a premium of approximately $0.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


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