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Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop

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Options Newsman wrote a column · Oct 1 10:01
News Highlights
$蔚来(NIO.US)$shares increased 2.45% Monday to close at $6.68, with option volume of 878K, and calls accounted for 74.7% of the volume.The $7 calls expiring October 4 were traded most actively.
Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop
The company experienced a significant rise in early trading on Monday after the Chinese electric vehicle manufacturer revealed a new investment over the weekend. A consortium of Chinese investors has agreed to purchase newly issued shares of Nio China for a total of 3.3 billion Chinese yuan ($470 million), while Nio China's parent company will contribute an additional 10 billion yuan ($1.43 billion), resulting in a total investment of approximately $1.9 billion.
$GameStop (GME.US)$ saw an increase in its stock price of 2% to close at $22.93, with option volume of 272K, and calls accounted for 85.8% of the volume.The $25 calls expiring October 4 were traded most actively.
Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop
Recent financial results indicate that GameStop generated $798 million in revenue and achieved a net profit of $14.8 million. The earnings per share (EPS) were $0.04, and the gross profit totaled $249 million, resulting in a price-to-earnings (P/E) ratio of 168.29. Despite these results, both participating institutions issued a sell rating, with no buy or hold recommendations.
Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop
Unusual Stock Options Activity
There was a noteworthy activity in $United Parcel Service (UPS.US)$, where $140 calls have topped volume to open interest ranking. The highest volume over open interest ratio reaches 119.3x with 44,017 contracts.
Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop
Daily Active Index & Sector ETF Options
Options Market Statistics: Nio Shares Up after Secures $471 Million in State-Backed Funding, Options Pop
Source: Barchart, Unusual Whales, The Guardian, Bloomberg
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