
It’s Thursday, so I’m on tap to discuss the unusual options activity of a single stock. In Wednesday’s trading, Nio had the highest Vol/OI ratio at 69.17.
While the Nov. 15 $8 call does have some appeal for investors bullish about the EV maker’s future -- the ask price of $0.56 is a reasonable down payment of 7% to buy 100 shares at $8.56 -- two other stocks in the top 25 have caught my attention.