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Barchart
Barchart
Will Ashworth

BIZARRE: Wednesday s unusual options activity highlighted canadian call vs luxury put which to bet on i like both - What They Never Told You

Luxury United States CAPRI Enbridge NIO Bill Gross Jimmy Choo Michael Kors Tapestry Versace

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. 

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