What Do You Think Is Going To Happen? "NIO" On The Opening

What's going on with "Nio"? Will this be an opportunity to make money? Sorry it's to late now to join in the party but just read this for the fun of it.

One day Call options that expire tomorrow. Is this a recipe for failure? It might be. It just looks to easy to make money on these ones.

...

..

"NIO" Calls that expire at 3:00 p.m. today (Friday) and closed at $.24 cents on Thursday. $.24 cents really means $24.00 dollars. They jumped as high as $.43 on Thursday on the release of their good news. Let's see if they can jump again on Friday's opening. Now this, Nio in the premarkets on Friday morning.

So what happened?

It jumped again. The Calls hit a high of $.70. It helped the D.J.I.A. surged upwards.

North American option traders are for the most part afraid of option trading on Chinese EV stocks. This was a two day rare occasion of good news.