NIO Options History — January 2019

In January 2019, NIO traded between $6.08 and $7.88. ATM implied volatility averaged 70.1%. The 30-day expected move averaged 20.3%. IV traded above realized volatility by 19.8% (HV 20d: 50.4%). Max pain ranged from $6.00 to $7.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.49.

Notable Days

  • 2019-01-30: Highest Volume — 133,498 contracts
  • 2019-01-29: Largest IV spike — 17.2% change
  • 2019-01-31: Largest Expected Move — 23.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$6.69$6.08$7.88$6.20$7.88
Max Pain$6.95$6.00$7.00$6.00$7.00
ATM IV70.1%58.4%79.5%67.4%73.8%
Expected Move20.3%16.7%23.0%19.3%23.0%
HV 20d50.4%33.2%62.4%62.4%43.5%
Term Structure4.8%-9.1%15.3%6.4%-9.1%
VWIV70.6%57.2%80.7%68.4%80.4%
Skew 25d-2.9%-18.6%13.4%-18.6%13.4%
Skew 10d-2.1%-26.7%50.7%-8.3%50.7%
Call IV 25d72.7%53.0%83.6%75.5%82.1%
Put IV 25d69.8%54.9%95.4%56.9%95.4%
Bid-Ask Spread %11.698.7119.299.3011.86
Gamma HHI0.340.240.530.250.32
Net GEX972.4K516.7K1.6M771.7K1.6M
Net DEX-18.4M-55.5M-2.1M-10.9M-55.5M
Net VEX-156.6K-225.3K-139.4K-142.8K-225.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.490.082.020.870.46
Total Volume27,584.7146,890133,49816,70856,262
Total OI276,122.857230,922326,033241,407326,033

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-01-02$6.20$6.0067.4%19.3%62.4%0.0%68.4%-18.6%6.4%771.7K-10.9M-142.8K0.879.308,9337,775184,18457,223
2019-01-03$6.08$7.0071.5%20.9%59.2%0.0%74.5%-4.7%3.0%717.4K-9.3M-139.4K0.2611.636,3291,640188,73061,893
2019-01-04$6.36$7.0072.8%20.8%62.1%0.0%73.5%-5.8%3.5%846.0K-17.1M-148.6K0.2719.2911,9843,260190,06662,393
2019-01-07$6.51$7.0079.5%22.8%61.2%0.0%80.3%-9.1%-0.6%967.4K-22.9M-148.7K0.0816.9011,062926194,56361,746
2019-01-08$6.38$7.0072.1%22.2%60.0%0.0%80.7%3.5%6.2%983.7K-18.4M-144.5K0.6610.8212,3748,134200,22462,472
2019-01-09$6.60$7.0075.8%21.7%61.6%0.0%76.4%1.6%-2.6%1.1M-24.0M-151.8K0.4910.888,1564,014208,87068,305
2019-01-10$6.66$7.0074.1%21.2%61.6%0.0%73.6%0.6%0.1%1.2M-25.6M-148.1K0.2715.6416,0304,390211,79569,873
2019-01-11$6.60$7.0069.2%19.8%57.5%0.0%65.6%-5.2%6.8%1.3M-22.8M-141.6K0.299.817,0222,061216,81772,780
2019-01-14$6.84$7.0076.7%22.0%57.1%0.0%77.8%-7.8%0.1%1.3M-33.6M-147.9K0.1511.0827,9884,294217,35673,414
2019-01-15$6.85$7.0076.4%21.9%57.1%0.0%76.0%-1.8%-0.9%1.1M-32.5M-145.6K0.6410.3316,38910,506221,89575,316
2019-01-16$6.70$7.0072.0%20.7%49.5%0.0%74.7%-5.6%4.8%1.1M-21.1M-153.4K0.258.7114,2393,525221,52682,249
2019-01-17$6.80$7.0068.8%19.7%49.9%0.0%67.2%-7.2%6.3%1.2M-19.0M-151.6K0.1011.0923,2442,410217,55184,084
2019-01-18$6.71$7.0066.1%19.0%48.5%0.0%66.1%-3.0%5.8%516.7K-12.2M-158.3K0.3310.6621,0467,035227,74685,205
2019-01-22$6.57$7.0064.5%18.5%46.1%0.0%63.6%-6.7%4.7%621.4K-4.7M-146.5K0.4810.799,6034,589161,08869,834
2019-01-23$6.53$7.0062.3%17.9%39.9%0.0%59.5%-8.6%14.8%691.6K-2.9M-144.3K0.8111.1911,3949,205168,83472,705
2019-01-24$6.56$7.0059.9%17.2%38.7%0.0%59.4%4.0%14.4%701.4K-2.5M-150.7K0.909.2421,09218,911174,06277,862
2019-01-25$6.65$7.0058.4%16.7%33.3%0.0%57.2%-5.7%14.2%752.5K-2.1M-163.6K0.5012.758,7934,422183,15287,350
2019-01-28$6.67$7.0063.2%18.1%33.2%0.0%61.2%8.3%15.3%770.7K-2.7M-159.7K2.0213.202,2804,610188,00989,362
2019-01-29$6.95$7.0074.0%21.2%35.9%0.0%72.2%-0.2%4.2%905.0K-12.7M-180.1K0.109.8845,2284,626192,76893,571
2019-01-30$7.40$7.0073.7%21.1%39.4%0.0%74.8%-2.8%3.9%1.2M-34.3M-196.7K0.3210.55101,38432,114200,41795,257
2019-01-31$7.88$7.0073.8%23.0%43.5%0.0%80.4%13.4%-9.1%1.6M-55.5M-225.3K0.4611.8638,57317,689216,773109,260