I noticed a lot of bearish pressure coming from the options market on $NIO. Check out this order imbalance! -336 K option volume delta. What is option volume delta?
$NIO Bearish pressure building up in the options market. On-Balance net option delta is -191 K.
Unusual Option Volume
NIONio American Depositary Shares Each Representing One Class A Ordinary Share3.58+0.17 (+5.0%)
Nio American Depositary Shares Each Representing One Class A Ordinary Share trades 41,549 contracts.