NIO Stock are profiting from a number of those tailwinds Out of Tesla’s (TSLA) fame as electric vehicle manufacturers are still out to perform.
A Choice On Nio Stock With Less Risk
Investors that think they might have overlooked the rally in Nio stock and do not wish to risk substantial sums of capital could use long telephone options as opposed to purchasing the stock
A call option is a contract between a seller and buyer. The contract grants the buyer the right to buy a certain stock at a particular price (the strike price), until a specific date (the expiry date).
One of the benefits of telephone Options is they provide leverage (this is both a good and a bad thing).
Assuming investors desired to Buy 100 shares of Nio, they’d need to invest approximately $4,700 at the present price.
Alternatively, the investor can Gain a comparable vulnerability working …