NIO Options History — February 2019

In February 2019, NIO traded between $7.26 and $9.78. ATM implied volatility averaged 85.4%. The 30-day expected move averaged 25.0%. IV traded above realized volatility by 31.1% (HV 20d: 54.2%). Max pain ranged from $7.00 to $9.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.47.

Notable Days

  • 2019-02-26: Highest Volume — 375,230 contracts
  • 2019-02-26: Largest IV spike — 26.0% change
  • 2019-02-28: Largest Expected Move — 44.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.08$7.26$9.78$7.88$9.59
Max Pain$7.21$7.00$9.00$7.00$9.00
ATM IV85.4%63.8%154.5%67.7%154.5%
Expected Move25.0%19.9%44.3%22.3%44.3%
HV 20d54.2%40.7%70.6%42.1%69.4%
HV 60d55.7%53.1%60.3%53.1%59.8%
Term Structure-6.7%-33.6%9.2%-7.7%-23.6%
VWIV86.5%62.7%156.1%78.4%156.1%
Skew 25d-2.7%-15.1%14.3%-2.8%-15.1%
Skew 10d-1.1%-32.7%57.3%-5.2%-32.7%
Call IV 25d90.4%69.3%161.2%79.7%161.2%
Put IV 25d87.7%62.8%150.1%76.9%146.1%
Bid-Ask Spread %12.419.0618.4018.4014.52
Gamma HHI0.270.190.340.310.19
Net GEX1.5M996.5K2.5M1.6M996.5K
Net DEX-60.8M-170.1M-19.3M-54.4M-86.8M
Net VEX-407.2K-880.4K-241.0K-252.1K-880.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.181.100.520.87
Total Volume90,875.78918,944375,23045,979167,352
Total OI452,472.632339,428788,001339,428788,001

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$7.88$7.0067.7%22.3%42.1%0.0%78.4%-2.8%-7.7%1.6M-54.4M-252.1K0.5218.4030,34615,633224,615114,813
2019-02-04$7.82$7.0066.6%22.2%40.9%0.0%76.6%3.1%-4.2%1.5M-49.1M-243.4K0.3216.9115,5235,040227,613124,175
2019-02-05$7.87$7.0063.8%21.8%40.7%0.0%73.8%3.0%-3.7%1.6M-51.2M-241.0K0.3816.5313,7765,168227,927125,414
2019-02-06$8.43$7.0078.4%22.5%44.1%0.0%74.1%12.1%2.3%1.3M-80.8M-250.4K0.1811.0187,05915,685227,050127,554
2019-02-07$8.01$7.0080.1%23.0%49.1%0.0%85.0%-1.6%-5.3%1.4M-47.3M-319.4K0.6413.5140,38826,013243,299135,887
2019-02-08$7.63$7.0079.0%22.7%53.3%0.0%78.9%-8.4%-7.1%1.1M-25.7M-346.7K0.1911.2258,59911,375256,181155,764
2019-02-11$7.41$7.0073.8%21.1%54.5%0.0%76.8%-5.0%-2.1%1.4M-21.9M-359.4K0.309.4419,8765,937285,402152,278
2019-02-12$7.40$7.0076.6%22.0%53.4%0.0%78.6%-4.4%-5.4%1.4M-21.1M-364.7K0.3910.1916,8146,613296,431158,631
2019-02-13$7.46$7.0070.3%20.2%53.4%0.0%70.8%3.2%2.3%1.2M-21.5M-354.4K0.369.6622,5428,078301,467162,016
2019-02-14$7.48$7.0074.2%21.3%52.5%0.0%74.5%2.3%-1.7%1.2M-24.3M-364.2K0.479.5723,76811,235311,016164,061
2019-02-15$7.40$7.0070.1%20.1%52.7%0.0%69.0%14.3%9.2%1.1M-19.3M-369.6K0.5311.7129,16315,324318,079170,577
2019-02-19$7.26$7.0069.3%19.9%53.0%0.0%72.8%-4.3%-5.2%1.1M-23.1M-363.0K0.4010.0721,6768,719241,506122,061
2019-02-20$7.57$7.0071.0%20.4%53.8%0.0%68.3%-7.2%-2.0%1.4M-41.2M-391.2K0.259.7050,94212,940253,554129,390
2019-02-21$7.64$7.0069.6%20.0%53.5%0.0%62.7%-10.8%-4.2%1.9M-48.4M-429.8K0.619.8419,84912,121283,041139,198
2019-02-22$8.06$7.0081.5%23.4%55.9%0.0%77.4%-1.0%-7.6%2.1M-73.4M-450.1K0.5213.2166,74134,978294,096144,396
2019-02-25$9.05$7.0098.0%28.1%67.3%0.0%94.7%-5.3%-10.9%2.5M-152.5M-455.8K0.3713.64139,36751,405327,911166,965
2019-02-26$9.78$8.00123.4%35.4%70.6%0.0%123.2%-14.4%-16.4%2.1M-170.1M-550.0K0.509.06249,473125,757328,477199,630
2019-02-27$9.77$8.00154.3%44.2%70.5%0.0%152.6%-9.3%-33.6%2.1M-142.5M-750.5K1.1017.65134,121147,244389,923278,581
2019-02-28$9.59$9.00154.5%44.3%69.4%0.0%156.1%-15.1%-23.6%996.5K-86.8M-880.4K0.8714.5289,64877,704409,801378,200