NIO Options History — May 2024

In May 2024, NIO traded between $4.78 and $5.74. ATM implied volatility averaged 84.9%, placing in the 64.3% IV rank vs the trailing year. The 30-day expected move averaged 24.3%. IV traded above realized volatility by 7.2% (HV 20d: 77.7%). Max pain ranged from $5.00 to $6.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-05-01: Highest Volume — 439,892 contracts
  • 2024-05-13: Largest IV spike — 10.6% change
  • 2024-05-14: Highest IV Rank — 79.3%
  • 2024-05-31: Largest Expected Move — 26.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$5.29$4.78$5.74$5.31$5.42
Max Pain$5.86$5.00$6.00$5.00$6.00
ATM IV84.9%78.7%91.8%78.7%87.2%
Expected Move24.3%22.2%26.8%23.1%26.8%
HV 20d77.7%70.7%84.6%78.3%70.7%
HV 60d67.1%65.0%68.8%68.5%68.0%
IV Rank64.3%51.0%79.3%51.0%69.4%
IV Percentile94.9%86.5%99.2%86.5%96.4%
Term Structure-1.1%-5.3%6.5%2.6%-4.1%
VWIV87.4%79.6%99.0%81.1%93.0%
Skew 25d-4.3%-10.2%0.1%-1.0%-4.7%
Skew 10d-5.2%-15.7%6.5%-0.4%-5.2%
Call IV 25d90.0%79.4%99.4%81.3%93.6%
Put IV 25d85.7%79.3%90.9%80.3%89.0%
Bid-Ask Spread %3.072.005.663.734.05
Gamma HHI0.090.080.150.090.08
Net GEX1.2M330.5K2.6M1.2M1.3M
Net DEX-62.6M-136.9M3.2M-73.3M-91.4M
Net VEX-2.4M-2.6M-2.2M-2.3M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.200.660.280.31
Total Volume170,247.22768,458439,892439,892145,040
Total OI2,740,677.3642,545,6892,980,6142,641,2412,763,802

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$5.31$5.0078.7%23.1%78.3%51.0%81.1%-1.0%2.6%1.2M-73.3M-2.3M0.283.73344,46895,4241,585,4571,055,784
2024-05-02$5.58$5.0079.5%23.1%79.7%52.8%82.9%0.1%5.4%2.3M-122.2M-2.5M0.373.35229,51784,0011,646,5721,077,452
2024-05-03$5.54$5.0079.1%22.3%79.0%51.8%79.6%-0.1%0.8%2.6M-116.1M-2.5M0.422.90101,58342,3451,697,4841,095,541
2024-05-06$5.71$6.0081.9%22.9%79.0%57.8%82.1%-3.3%-1.1%1.7M-122.1M-2.5M0.412.25146,38859,3981,639,8491,059,167
2024-05-07$5.53$6.0081.0%22.9%77.8%55.9%80.1%-4.5%0.2%1.3M-83.3M-2.4M0.532.1475,84840,3901,667,2461,078,760
2024-05-08$5.24$6.0079.6%22.2%80.4%53.0%79.6%-4.0%-1.1%618.0K-28.9M-2.3M0.632.3368,88943,0571,686,4581,086,828
2024-05-09$5.36$6.0081.3%22.3%79.0%56.6%80.7%-2.6%-0.7%987.4K-50.1M-2.3M0.282.6753,27915,1791,708,3901,095,317
2024-05-10$5.09$6.0080.1%22.4%75.9%54.0%80.3%-3.0%0.5%330.5K-9.4M-2.2M0.542.0077,38742,1711,723,0101,095,241
2024-05-13$5.41$6.0088.5%24.2%72.3%72.2%86.9%-3.9%-5.3%1.0M-68.2M-2.4M0.223.40188,06640,6991,672,4911,071,159
2024-05-14$5.74$6.0091.8%25.6%73.1%79.3%91.9%-10.2%-2.9%2.0M-136.9M-2.6M0.202.18234,94146,9141,737,2151,087,881
2024-05-15$5.33$6.0091.4%25.3%80.3%78.3%91.2%-4.4%-2.1%1.1M-63.1M-2.4M0.342.34210,21672,5021,781,9461,097,909
2024-05-16$5.25$6.0082.7%24.1%81.0%59.6%87.4%-5.2%6.5%869.5K-54.4M-2.4M0.333.0296,51131,3931,832,6371,114,328
2024-05-17$5.28$6.0086.3%24.1%76.7%67.3%99.0%-6.6%-3.1%1.3M-64.9M-2.4M0.473.1398,57846,7291,859,9371,120,677
2024-05-20$5.21$6.0085.2%24.2%76.1%65.0%87.8%-6.3%-1.9%1.1M-54.9M-2.3M0.323.5179,60725,7711,561,366984,323
2024-05-21$5.25$6.0087.1%24.9%76.1%69.2%90.1%-5.1%-2.7%1.4M-66.8M-2.4M0.213.24125,88226,0001,598,276998,566
2024-05-22$5.24$6.0086.0%24.6%76.2%66.7%88.2%-4.1%-1.3%1.6M-63.0M-2.3M0.343.2658,24419,9461,633,1851,006,219
2024-05-23$4.78$6.0090.1%25.9%84.6%75.6%93.1%-6.9%-2.1%511.8K1.3M-2.2M0.383.20130,22749,8451,642,4351,015,273
2024-05-24$4.83$6.0087.6%25.3%80.3%70.2%89.6%-4.0%-2.4%423.4K3.2M-2.2M0.663.1452,35234,7051,679,0991,033,506
2024-05-28$4.89$6.0088.6%25.9%80.0%72.4%94.8%-5.1%-1.7%532.8K-8.7M-2.2M0.243.1890,63621,9581,603,0521,022,479
2024-05-29$4.92$6.0087.8%26.3%79.6%70.7%92.9%-4.5%-4.2%745.5K-19.4M-2.3M0.572.9056,11131,9761,635,9471,033,414
2024-05-30$5.37$6.0085.7%25.3%73.0%66.1%89.6%-5.7%-4.0%2.1M-85.1M-2.4M0.335.66158,56352,7031,657,4731,051,751
2024-05-31$5.42$6.0087.2%26.8%70.7%69.4%93.0%-4.7%-4.1%1.3M-91.4M-2.5M0.314.05111,07333,9671,692,5271,071,275