There is some significant pressure on the stock of Nio Inc. (NIO) right now, says Scott Bauer, CEO Prosper Trading Academy. He doesn't see anything in their upcoming earnings report that will be bullish. Scott thinks Nio may be a candidate for a buyout. His trade is a bearish put spread. It is the April 14 $20/$17 put spread with breakeven of $19.30. Tune in for the details of the trade and his outlook on Nio Inc.
Morning Trade Live
24 Mar 2022
SHARE
Morning Trade Live
28 Feb 2023
Morning Trade Live
16 Mar 2023
Morning Trade Live
03 Mar 2023
Morning Trade Live
09 Feb 2023
Morning Trade Live
09 Mar 2023
Morning Trade Live
16 Feb 2023