Nio Inc (NIO) is today’s FOMO stock. In this segment Alex Coffey and Ben Lichtenstein discuss second quarter earnings for the Chinese EV maker. NIO delivered Q2 Non-GAAP EPADS of -$0.20, which came up short by $0.02. NIO did beat on revenue posting Q2 revenue of $1.54B (+21.9% Y/Y), topping expectations by $120M. Ben and Alex discusses the choppy performance today following Nio’s (NIO) morning earnings release and the long term trends in the EV space overall. Alex demonstrates an example Buy Call Vertical trade using shares of NIO which were trading ~ $17.50 Wednesday afternoon.