Bullish Option Flow Detected In $NIO On Deutsche Bank Rating

  • Post category:Options Trading
  • Reading time:4 mins read
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Bullish option flow was detected in $NIO stock on September 12, 2022, after Deutsche Bank gave the stock a Top China Pick rating.

Deutsche Bank $NIO is Top China Pick

On September 12, 2022, Deutsche Bank analyst Edison Yu said the ET5 mid-size sedan could become a top-selling premium model soon with initial customer reception being positive and production leveraging Nio’s new plant. While Nio’s existing products are older and more expensive than competing products, they continue to deliver relatively stable volumes, which represents thoughtful pricing and emphasis on branding and service. Yu reiterates Nio as his top China electric vehicle pick with a Buy rating and $39 price target.

Bullish Option Flow In $NIO Stock

Nio Option Flow

Make sure to review this lesson on option flow so that you understand the image above.

Bullish option flow was detected in $NIO with 64,564 calls trading, 2x expected, and implied vol increasing over 2 points to 65.18%. Sep-22 $21 calls and Sep-22 $20 puts were the most active options, with total volume in those strikes near 19,600 contracts.

NIO Inc. Reports Unaudited Second Quarter 2022 Financial Results

On September 7, 2022, NIO Inc. (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, announced its unaudited financial results for the second quarter ended June 30, 2022. Nio reported Q2 adjusted EPS of -$0.20 versus the consensus estimate of -$0.17. The company reported Q2 revenue of $1.43B versus the consensus estimate of $1.4B.

Deliveries of vehicles were 25,059 in the second quarter, including 3,681 ES8s, 9,914 ES6s, 4,715 EC6s and 6,749 ET7s, representing an increase of 14.4% from the second quarter of 2021 and a decrease of 2.8% from the first quarter of 2022. Vehicle margin was 16.7% in the second quarter, compared with 20.3% in the second quarter of 2021 and 18.1% in the first quarter of 2022.

“We delivered 25,059 vehicles in the second quarter of 2022, representing a growth of 14.4% year-over-year despite the COVID-19 related challenges. With the teams’ concerted efforts, our deliveries started to recover and achieved 10,052 and 10,677 units in July and August, respectively,” said William Bin Li, founder, chairman and chief executive officer of NIO. “The second half of 2022 is a critical period for NIO to scale up the production and delivery of multiple new products. The ES7, our first mid-large five-seater smart electric SUV based on NIO Technology 2.0 (NT2.0), has become a new favorite of the market with its superior performance, comfort and digital experience. We witnessed a robust order inflow for the ES7 and started its deliveries at scale in August. We also look forward to starting the mass production and delivery of the ET5 in late September. With the compelling product portfolio and well-established brand awareness, NIO will attract a broader user base and embrace robust growth in the coming quarters,” concluded Li.


📈 NIO Chart Technical Analysis

$NIO stock is in a technical weak uptrend. The chart pattern shows a triangle breakout which is bullish.

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