Terra Incognita
11-23 19:02
I closed $NIO 20241122 7.0 CALL$  ,

NIO: collected premiums in full when these covered calls expired worthless on 22nd Nov. 

NIO had been on bearish run for topping in Sept, the Chinese stimulus rally didn't last and it's in whole lot of pain. 

Earnings on 20th Nov were disappointing and didn't meet analysts expectations. 

Until we see a path to profitability, NIO will remain a penny stock at risk.

NIO CALL
11-23 15:25
US20241122 7.0
SidePriceRealized P&L
Buy
Close
0.00+100.00%
Closed
NIO Inc.
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