NIO Options History — October 2023

In October 2023, NIO traded between $7.29 and $9.00. ATM implied volatility averaged 68.8%, placing in the 25.5% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 1.5% (HV 20d: 67.3%). Max pain ranged from $9.00 to $9.50. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2023-10-18: Highest Volume — 149,796 contracts
  • 2023-10-18: Largest IV spike — 8.4% change
  • 2023-10-27: Highest IV Rank — 38.2%
  • 2023-10-27: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.19$7.29$9.00$8.79$7.29
Max Pain$9.07$9.00$9.50$9.50$9.00
ATM IV68.8%63.2%74.2%64.3%70.6%
Expected Move20.1%18.4%21.5%18.4%21.1%
HV 20d67.3%47.9%82.0%77.3%58.0%
HV 60d68.1%61.8%72.9%72.5%61.9%
IV Rank25.5%14.8%38.2%16.6%32.6%
IV Percentile33.5%7.5%56.0%12.7%42.9%
Term Structure0.6%-2.6%3.9%1.2%-0.2%
VWIV72.7%66.8%79.6%66.8%75.2%
Skew 25d1.0%-1.6%3.2%1.6%3.2%
Skew 10d3.6%-0.7%8.5%4.2%8.5%
Call IV 25d71.2%64.8%77.8%67.2%72.1%
Put IV 25d72.2%66.2%78.8%68.8%75.3%
Bid-Ask Spread %2.842.033.952.773.28
Gamma HHI0.100.090.110.100.10
Net GEX2.2M311.7K4.5M3.8M776.5K
Net DEX-34.2M-118.4M31.4M-94.1M31.4M
Net VEX-2.4M-2.7M-2.0M-2.7M-2.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.180.630.540.29
Total Volume81,561.59144,812149,796106,39658,522
Total OI2,051,379.4091,964,5922,134,2892,038,8641,985,189

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-10-02$8.79$9.5064.3%18.4%77.3%16.6%66.8%1.6%1.2%3.8M-94.1M-2.7M0.542.7769,29537,1011,384,187654,677
2023-10-03$8.66$9.5066.1%18.8%77.3%19.8%69.0%-0.5%1.2%3.4M-77.4M-2.7M0.492.4335,58517,4791,403,789669,904
2023-10-04$8.82$9.5066.4%18.7%77.9%20.4%67.1%0.5%0.9%4.2M-95.4M-2.7M0.242.6952,95512,5721,412,177672,907
2023-10-05$8.68$9.0065.9%19.9%76.8%19.5%70.4%1.5%1.0%3.9M-78.1M-2.7M0.362.7047,20117,1501,422,034674,188
2023-10-06$8.73$9.0063.2%19.5%76.9%14.8%69.8%1.3%2.7%2.9M-77.8M-2.7M0.432.4749,12720,9511,434,332679,652
2023-10-09$8.32$9.0066.5%20.2%77.4%20.6%72.9%1.9%3.5%2.0M-32.0M-2.5M0.412.3664,67526,7411,361,597664,040
2023-10-10$8.84$9.0063.5%19.2%80.5%15.2%67.7%0.2%3.3%3.8M-94.5M-2.6M0.272.1997,82226,3961,385,646673,218
2023-10-11$9.00$9.0063.9%19.1%79.8%15.9%67.8%-1.0%2.9%4.5M-118.4M-2.7M0.422.4464,08126,9081,385,657682,294
2023-10-12$8.43$9.0065.5%19.8%81.8%18.9%71.4%0.3%3.9%1.6M-33.9M-2.5M0.462.0364,37229,8271,392,068687,003
2023-10-13$8.43$9.0067.7%20.0%81.8%22.7%71.8%1.0%3.8%2.0M-29.3M-2.5M0.182.7976,64613,6911,411,277686,321
2023-10-16$8.50$9.0067.9%19.7%82.0%23.0%70.4%1.1%-1.6%2.4M-43.8M-2.4M0.372.7146,44517,0601,371,923663,150
2023-10-17$8.52$9.0068.5%19.8%47.9%24.2%70.5%-1.6%-2.6%2.7M-47.1M-2.4M0.402.4334,48213,7731,385,680666,372
2023-10-18$7.91$9.0074.2%21.3%53.6%34.5%76.6%1.0%-1.9%697.0K9.9M-2.3M0.602.4293,90655,8901,389,507670,698
2023-10-19$7.67$9.0073.1%21.0%53.4%32.4%76.8%1.1%-1.4%311.7K29.7M-2.2M0.512.5873,75937,9531,419,841678,648
2023-10-20$7.61$9.0073.1%20.9%53.3%32.4%78.3%2.5%0.6%737.4K29.1M-2.2M0.633.1058,53636,9951,444,232690,057
2023-10-23$7.61$9.0073.9%21.3%53.1%33.8%79.6%1.4%-1.1%890.1K10.2M-2.2M0.273.1057,93415,8981,314,381650,211
2023-10-24$8.09$9.0070.4%20.4%58.0%27.6%74.5%1.2%-0.5%2.2M-49.3M-2.4M0.203.9596,05919,5541,333,407647,201
2023-10-25$7.62$9.0072.2%21.1%61.4%30.9%77.6%0.5%-0.6%1.5M-1.7M-2.2M0.403.0134,43513,9261,375,282652,208
2023-10-26$7.61$9.0072.0%20.8%57.5%35.6%75.2%1.2%0.3%1.4M-2.6M-2.2M0.223.5536,6068,2061,386,107652,454
2023-10-27$7.44$9.0073.3%21.5%57.2%38.2%77.3%1.0%-0.6%693.0K11.5M-2.2M0.373.8953,16319,5501,393,724652,481
2023-10-30$7.53$9.0070.5%20.6%57.4%32.5%73.2%2.5%-0.8%1.2M2.3M-2.2M0.213.5550,49410,6341,335,766634,860
2023-10-31$7.29$9.0070.6%21.1%58.0%32.6%75.2%3.2%-0.2%776.5K31.4M-2.0M0.293.2845,53612,9861,348,777636,412