Would you buy this car?


I’ve taken a thorough look at the stocks Wall Street’s fat cats are looking at heading into a new week of trading…

Ticker Code Ticker Name Ticker Industry Price Change Average Volume (50)*
SMTI Sanara Medtech Inc Surgical appliances and supplies 9.08% 4,911
TSLA Tesla Inc Auto Manufacturers 42.41% 14,561,182
INO Inovio Pharmaceuticals Inc Biotechnology 55.95% 46,627,976
NIO Nio Inc – ADR Auto Manufacturers 46.17% 159,077,223
VXRT Vaxart Inc Biotechnology 83.37% 39,854,929
BOXL Boxlight Corp Communication Equipment 71.66% 26,192,539
MVIS Microvision, Inc. Scientific & Technical Instruments 61.62% 13,541,374
AMZN Amazon.com, Inc. Internet Retail 16.93% 5,022,068
XSPA XpresSpa Group Inc Personal Services -104.30% 12,091,757
NFLX Netflix Inc Entertainment 15.96% 8,535,570
NJMC New Jersey Mining Company Gold and Silver Ores 40.63% 142,346
HTBX Heat Biologics Inc Biotechnology 63.82% 29,555,826
IBIO Ibio Inc Biotechnology 56.78% 21,671,447
SRNE Sorrento Therapeutics Inc Biotechnology 44.62% 26,330,035
MRNA Moderna Inc Biotechnology 36.12% 22,829,866
AAPL Apple Inc. Consumer Electronics 16.35% 36,586,185
SPOT Spotify Technology SA Internet Content & Information 30.92% 3,948,563
NVAX Novavax, Inc. Biotechnology 68.21% 7,413,832
MSFT Microsoft Corporation Software – Infrastructure 9.84% 34,728,659
EQ Equillium Inc Biotechnology 78.07% 4,812,952

You may have heard about NIO Inc (NYSE: NIO), the Chinese electronic car manufacturer whose stock is up nearly 400% in price-per-share this year.

You may have seen this stock in headlines, on television… maybe it’s even on your personal watchlist.

This is one of NIO’s products… Do you find it appealing?


Souce: nio.com

Regardless, NIO has been a standout in unusual call option activity in 2020.

Just last week, a big-money option player came in and bought…

NIO August 7 10 Calls
A $275,000 Purchase

On an $11 stock..

This means that this option player was willing to bet $275,000 that NIO increases even more in price-per-share by August 7 at the very latest…

As if nearly a 400% increase in price-per-share in 2020 isn’t good enough for them!

Just so you know, a position of that size isn’t something I see too often on stocks trading under $20/share.


NIO Daily Chart

An important technical lesson to take away from the chart above is that after spending a few days in overbought territory, NIO has pulled back to its 20-day simple moving average line support (green line above) and could be poised for a pop – maybe as soon as today.

While I do know the buyers are out on NIO August 7 10 Calls, NIO has seen a tremendous amount of unusual call option activity in 2020, so I may consider trading a different option contract.

It’ll depend on where the biggest money flow can be found.

And if I make a move on it…

I’ll be sure to let you know.

Davis Martin
America’s #1 Options Trader
@DavisMartin88
@DavisMartin88
@DavisMartin88

Disclaimer: This is not investment advice. This article is for information purposes only and opinion-based on financial advisor data across a selection of websites. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions.

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