Options Market Statistics: MicroStrategy Stock Continues Rise Thanks to $4.6 Billion Bitcoin Buy; Options Pop
$NIO Inc.(NIO)$ announced a significant partnership between Wuhan Nio Energy Co., Ltd. and Avita Technology (Chongqing) Co., Ltd. The agreement, signed on November 15, opens Nio's extensive charging network to Avita's electric vehicles.
Also, the company plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already driving demand, NIO expects to play a much bigger role in the global EV market.
Shares were down 0.86% on Tuesday, with the most traded calls are contracts of $5 strike price that expire on Nov. 22. The total volume reaches 25,158 with an open interest of 24,470.
$MicroStrategy(MSTR)$ 's stock surged 1.7% on Tuesday, with the most traded calls are contracts of $500 strike price that expire on Nov. 22. The total volume reaches 18,933 with an open interest of 5,370, while the most traded puts are contracts of $220 strike price that expire on Nov. 22.
MicroStrategy, fronted by outspoken Bitcoin bull and Executive Chairman Michael Saylor, added to its sizable Bitcoin holdings Monday with the purchase of 51,780 BTC - or $4.6 billion worth.
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