What’s the deal with the NIO bulls?! via /r/wallstreetbets #stocks #wallstreetbets #investing

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What’s the deal with the NIO bulls?!

Made $3k today off CVS calls that I bought yesterday. I have a question though, why is everyone buying NIO calls??? They’re so expensive. It seems like the stock is way over valued already… up over 1000% this year with no real solid product yet

$4+ for calls on NIO seems super expensive as well. I bought my calls for CVS for $0.20 each and still made a heck of a profit.

Also, any suggestions for options in other stocks to buy at market open tomorrow that are a little cheaper?

Submitted November 11, 2020 at 03:58AM by IdleSand
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