Nio Inc - ADR (NYSE:NIO) shares are trading higher by 4% at $44.52 Friday morning after the company announced it won a key European Whole Vehicle Type Approval license for the ES8, saying it will serve as an "essential foundation" for Europe expansion.
See Also: Nio Begins Construction At Its Second Factory, CEO Says Speed Is Impressive
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Nio operates in China's premium electric vehicle market. The company designs and jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next-generation technologies in connectivity, autonomous driving, and artificial intelligence.
The stock has a 52-week high of $66.99 and a 52-week low of $5.66.