NIO Option Alert: Jun, 2026 $4 Calls Sweep (26) near the Ask: 4538 vs 6318 OI; Earnings 6/5 Before Open [est] 

NIO Option Alert: Jun, 2026 $4 Calls Sweep (26) near the Ask: 4538 @ $1.211 vs 6318 OI; Earnings 6/5 Before Open [est] Ref=$3.99

NIO Option Alert: Jan 16 $3 Calls at the Bid: 4000 vs 14082 OI; Earnings 6/5 Before Open [est] 

NIO Option Alert: Jan 16 $3 Calls at the Bid: 4000 @ $1.41 vs 14082 OI; Earnings 6/5 Before Open [est] Ref=$4.025

NIO (NYSE:NIO) Azioni

Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold around 222,000 EVs in 2024, accounting for about 2% of the China passenger new energy vehicle market.

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Shares of US-listed Chinese stocks are trading lower after President Trump said china has violated its agreement with the US. Additionally, a federal appeals court on Thursday temporarily reinstated most of the tariffs imposed by Trump.

U.S.-listed Chinese stocks&nbsp;led by&nbsp;Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>),&nbsp;PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), and&nbsp;Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>)&nbsp;gained on Thursday after a <a target="_blank" href="https://www.benzinga.com/25/05/45664572/us-stocks-likely-to-open-higher-after-federal-court-invalidates-trumps-tariffs-without-tariff-revenues-there-is-a-big-beautiful-hole-in-the-big-beautiful-budget-bill-says-expert" rel="noreferrer noopener">federal court invalidated</a> global tariffs&nbsp;enacted by President&nbsp;Donald Trump under the International Emergency Economic Powers Act on Wednesday.
A three-judge panel, with appointees from the Reagan, Obama and Trump eras, ruled that the IEEPA doesn&#8217;t give the president unlimited power to impose tariffs.
Reportedly, the Trump administration filed an appeal against the ruling in minutes.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45620670/alibaba-eyes-growth-in-other-markets-as-us-ties-strained-says-chairman" rel="noreferrer noopener">Alibaba Eyes Growth In Other Markets As US Ties Strained, Says Chairman</a>
The Chinese electric vehicle companies, including&nbsp;NIO Inc&nbsp;(NYSE:&nbsp;NIO) and XPeng Inc (NYSE: XPEV), also noted strong upward momentum.
On May 12, Beijing and Washington <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45348699/us-listed-chinese-stocks-rally-as-countries-agree-to-ease-import-tariffs" rel="noreferrer noopener">agreed to lower</a> tariffs on each other&#8217;s products, temporarily offering relief to the stock market. The deal reduced U.S. levies of 145% on most Chinese imports to 30%, while China&#8217;s 125% duties on U.S. goods will drop to 10% for 90 days.
In April, President Trump&nbsp;hinted at a&nbsp;significant&nbsp;reduction in&nbsp;tariff rates.
During an investor summit, Treasury Secretary Scott Bessent&nbsp;acknowledged the impracticability and mutual challenges of a tariff war with China.
U.S. chip designer Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) reported <a target="_blank" href="https://www.benzinga.com/news/earnings/25/05/45657660/nvidia-q1-highlights-china-export-ban-hits-results-but-jensen-huang-says-demand-incredibly-strong" rel="noreferrer noopener">first-quarter results</a> on Wednesday. It faced an export ban on H20 products to China on April 9.
The company said it incurred a $4.5 billion charge in the first quarter related to H20 excess inventory and purchase obligations.
Price Actions:&nbsp;BABA stock is up 0.50%, and PDD is up 1.20%&nbsp;at&nbsp;the last check Thursday.
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Chinese Stocks Soar As US Court Blocks Trump Tariffs

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) supplier Foxconn is set to announce a partnership with a second Japanese auto manufacturer as the Taiwanese manufacturer turns towards EVs.
What Happened: The company's chairman, Young Liu, shared the announcement at the company's annual investor meeting, Reuters reported on Thursday.
"There are two Japanese automakers; one has already been announced, and the other is almost ready to be," Liu said at the meeting. Foxconn recently signed an MoU (Memorandum of Understanding) with Japanese carmaker Mitsubishi Motors to develop an EV.
The company views partnerships with Japanese companies as integral to offset the threat posed by Chinese EV brands expanding into various regions in Europe, the report suggests.
Why It Matters: The announcement comes in as several Chinese EV players are bolstering their presence in markets outside of China, like Europe, as well as other parts of Asia.
Recently, BYD Co. Ltd. (OTCPK: BYDDY), which is currently the world's leading electric carmaker, released the Euro-spec version of the company's Seagull hatchback EV in Europe called the <a href="https://www.benzinga.com/markets/25/05/45560953/byds-europe-pivot-in-full-swing-with-new-26000-affordable-ev-amid-tesla-sal">Dolphin Surf EV</a>.
BYD <a href="https://www.benzinga.com/25/05/45564693/byd-outsells-elon-musks-tesla-amid-european-plans-shift-into-gear">also overtook </a>Elon Musk's Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) in European sales, as ACEA (European Automobile Manufacturers' Association) data showcased, as the company registered better sales in April 2025 in many markets in the region.
Besides BYD, NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) also announced plans to expand its footprint into Europe with the Firefly EV. However, the company has <a href="https://www.benzinga.com/25/04/44915240/tesla-rival-nio-delays-the-european-launch-of-firefly-ev-report">delayed the launch</a>, citing sales network constraints.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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Photo Courtesy: Natee Meepian On Shutterstock

AAPL

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Apple Supplier Foxconn Eyes Second Japanese EV Deal To Counter China's Auto Surge

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$365.00</td>
<td>$30.2K</td>
<td>15.6K</td>
<td>54.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$3.50</td>
<td>$32.0K</td>
<td>29.1K</td>
<td>4.6K</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/06/25</td>
<td>$30.00</td>
<td>$39.8K</td>
<td>95</td>
<td>762</td>
</tr>
<tr>
<td>GME</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$35.00</td>
<td>$43.8K</td>
<td>1.4K</td>
<td>592</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$460.00</td>
<td>$58.2K</td>
<td>40</td>
<td>553</td>
</tr>
<tr>
<td>PDD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$120.00</td>
<td>$31.7K</td>
<td>5.2K</td>
<td>339</td>
</tr>
<tr>
<td>EXPE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$160.00</td>
<td>$277.0K</td>
<td>20</td>
<td>286</td>
</tr>
<tr>
<td>SONO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.00</td>
<td>$38.6K</td>
<td>326</td>
<td>271</td>
</tr>
<tr>
<td>MCD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$310.00</td>
<td>$69.6K</td>
<td>1.7K</td>
<td>205</td>
</tr>
<tr>
<td>ULTA</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$390.00</td>
<td>$25.2K</td>
<td>110</td>
<td>144</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bullish sentiment. It expires in 2 day(s) on May 30, 2025. Parties traded 50 contract(s) at a $365.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $30.2K, with a price of $605.0 per contract. There were 15682 open contracts at this strike prior to today, and today 54585 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on June 20, 2025. Parties traded 2000 contract(s) at a $3.50 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.0K, with a price of $16.0 per contract. There were 29118 open contracts at this strike prior to today, and today 4656 contract(s) were bought and sold. 
• For JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we notice a call option sweep that happens to be bearish, expiring in 9 day(s) on June 6, 2025. This event was a transfer of 200 contract(s) at a $30.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $39.8K, with a price of $199.0 per contract. There were 95 open contracts at this strike prior to today, and today 762 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a put option trade with bearish sentiment. It expires in 233 day(s) on January 16, 2026. Parties traded 49 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $43.8K, with a price of $895.0 per contract. There were 1442 open contracts at this strike prior to today, and today 592 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a call option trade with neutral sentiment. It expires in 233 day(s) on January 16, 2026. Parties traded 24 contract(s) at a $460.00 strike. The total cost received by the writing party (or parties) was $58.2K, with a price of $2427.0 per contract. There were 40 open contracts at this strike prior to today, and today 553 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a call option trade with bearish sentiment. It expires in 233 day(s) on January 16, 2026. Parties traded 42 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $31.7K, with a price of $755.0 per contract. There were 5225 open contracts at this strike prior to today, and today 339 contract(s) were bought and sold. 
• Regarding EXPE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>), we observe a call option sweep with bearish sentiment. It expires in 142 day(s) on October 17, 2025. Parties traded 125 contract(s) at a $160.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $277.0K, with a price of $2215.0 per contract. There were 20 open contracts at this strike prior to today, and today 286 contract(s) were bought and sold. 
• For SONO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONO#NASDAQ">SONO</a>), we notice a call option sweep that happens to be bullish, expiring in 233 day(s) on January 16, 2026. This event was a transfer of 184 contract(s) at a $10.00 strike. This particular call needed to be split into 22 different trades to become filled. The total cost received by the writing party (or parties) was $38.6K, with a price of $210.0 per contract. There were 326 open contracts at this strike prior to today, and today 271 contract(s) were bought and sold. 
• For MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we notice a put option sweep that happens to be bearish, expiring in 23 day(s) on June 20, 2025. This event was a transfer of 162 contract(s) at a $310.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $69.6K, with a price of $430.0 per contract. There were 1762 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold. 
• For ULTA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>), we notice a put option trade that happens to be bullish, expiring in 2 day(s) on May 30, 2025. This event was a transfer of 79 contract(s) at a $390.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $320.0 per contract. There were 110 open contracts at this strike prior to today, and today 144 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CVNA

EXPE

SONO

ULTA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares are trading slightly lower in the <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">premarket session on Wednesday</a>.
The Chinese EV firm is reportedly making strides in its national battery swap network with the completion of initial coverage across all districts in Tianjin, <a target="_blank" href="https://cnevpost.com/2025/05/28/nio-swap-stations-coverage-all-districts-tianjin/" rel="noreferrer noopener">reports</a> CnEV Post.
The report adds that the company&#8217;s energy division, NIO Power, now operates 56 battery swap stations across Tianjin&#8217;s 16 districts, marking another step in its broader &#8220;Power Up Counties&#8221; expansion campaign.
NIO&#8217;s commitment to enhancing electric vehicle infrastructure also extends into northeastern China through a newly formed partnership with ZDK Group, a <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45523879/whats-going-on-with-nio-stock-on-tuesday-3" rel="noreferrer noopener">state-owned firm based in Shenyang</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45637573/chinas-robot-dog-lead-could-outpace-us-humanoid-efforts-says-ark-invest-a-hole-in-tesla-figure-and-apptroniks-portfolio" rel="noreferrer noopener">China&#8217;s Robot Dog Lead Could Outpace US Humanoid Efforts: &#8216;A Hole In Tesla, Figure And Apptronik&#8217;s Portfolio,&#8217; Says Analyst</a>
The alliance will oversee the construction of 100 new battery swap sites across Liaoning, Jilin, Heilongjiang, and Inner Mongolia to support growing EV adoption.
The &#8220;Power Up Counties&#8221; initiative aims to build a dense, accessible network of battery swap stations across county-level regions nationwide. So far, NIO has completed deployment in regions including Beijing, Shanghai, Jiangsu, Zhejiang, and Guangdong.
In Tianjin alone, nearly 1 million battery swaps have been conducted, highlighting significant traction for this model of EV servicing, CnEV Post adds.
Unlike many provinces, Tianjin operates without county-level divisions, focusing efforts instead on urban districts.
This progress comes at a time of intensified competition in China&#8217;s EV sector.
Over the weekend, a <a target="_blank" href="https://www.cnbc.com/2025/05/26/chinas-byd-sees-shares-plunge-8percent-as-ev-maker-cuts-prices.html" rel="noreferrer noopener">CNBC</a> report stated that rival BYD Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) triggered market turbulence by slashing prices on its flagship electric models.
The move, aimed at driving sales and protecting market share, sent shares of NIO, XPeng Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), and Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) tumbling as investors recalibrated expectations in light of a renewed pricing war.
As the Chinese EV market continues to evolve, investors might consider related exposure through ETFs like the Invesco Golden Dragon China ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>).
Price Action: NIO shares are trading lower by 0.41% to $3.675 premarket at last check Wednesday.
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Photo by Tada Images via Shutterstock

General

PowerShares Golden Dragon Halter USX China Portfolio

What's Going On With NIO Stock On Wednesday?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/30/25</td>
<td>$360.00</td>
<td>$196.4K</td>
<td>11.9K</td>
<td>100.5K</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$2.50</td>
<td>$284.9K</td>
<td>54.0K</td>
<td>10.0K</td>
</tr>
<tr>
<td>ANF</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$55.00</td>
<td>$560.0K</td>
<td>286</td>
<td>3.0K</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$125.00</td>
<td>$38.8K</td>
<td>46.3K</td>
<td>2.4K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/06/25</td>
<td>$265.00</td>
<td>$94.2K</td>
<td>137</td>
<td>1.0K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$150.00</td>
<td>$31.0K</td>
<td>4.1K</td>
<td>582</td>
</tr>
<tr>
<td>PLAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/17/25</td>
<td>$32.00</td>
<td>$57.5K</td>
<td>92</td>
<td>361</td>
</tr>
<tr>
<td>MLCO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$5.00</td>
<td>$46.5K</td>
<td>1.3K</td>
<td>300</td>
</tr>
<tr>
<td>HD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/21/25</td>
<td>$375.00</td>
<td>$245.3K</td>
<td>666</td>
<td>152</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$40.00</td>
<td>$36.9K</td>
<td>976</td>
<td>102</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we observe a call option sweep with bearish sentiment. It expires in 3 day(s) on May 30, 2025. Parties traded 201 contract(s) at a $360.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $196.4K, with a price of $977.0 per contract. There were 11940 open contracts at this strike prior to today, and today 100558 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a put option trade with bearish sentiment. It expires in 598 day(s) on January 15, 2027. Parties traded 5000 contract(s) at a $2.50 strike. The total cost received by the writing party (or parties) was $284.9K, with a price of $57.0 per contract. There were 54052 open contracts at this strike prior to today, and today 10003 contract(s) were bought and sold. 
• Regarding ANF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>), we observe a put option trade with bearish sentiment. It expires in 234 day(s) on January 16, 2026. Parties traded 1000 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $560.0K, with a price of $560.0 per contract. There were 286 open contracts at this strike prior to today, and today 3008 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a call option trade with bearish sentiment. It expires in 234 day(s) on January 16, 2026. Parties traded 166 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $38.8K, with a price of $234.0 per contract. There were 46364 open contracts at this strike prior to today, and today 2439 contract(s) were bought and sold. 
• Regarding CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we observe a put option sweep with bullish sentiment. It expires in 10 day(s) on June 6, 2025. Parties traded 1000 contract(s) at a $265.00 strike. This particular put needed to be split into 37 different trades to become filled. The total cost received by the writing party (or parties) was $94.2K, with a price of $98.0 per contract. There were 137 open contracts at this strike prior to today, and today 1037 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a put option sweep with bullish sentiment. It expires in 387 day(s) on June 18, 2026. Parties traded 50 contract(s) at a $150.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $31.0K, with a price of $620.0 per contract. There were 4114 open contracts at this strike prior to today, and today 582 contract(s) were bought and sold. 
• Regarding PLAY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAY#NASDAQ">PLAY</a>), we observe a call option sweep with bearish sentiment. It expires in 143 day(s) on October 17, 2025. Parties traded 311 contract(s) at a $32.00 strike. This particular call needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $57.5K, with a price of $185.0 per contract. There were 92 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold. 
• For MLCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLCO#NASDAQ">MLCO</a>), we notice a call option trade that happens to be bearish, expiring in 52 day(s) on July 18, 2025. This event was a transfer of 300 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $46.5K, with a price of $155.0 per contract. There were 1313 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• For HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we notice a call option sweep that happens to be neutral, expiring in 178 day(s) on November 21, 2025. This event was a transfer of 100 contract(s) at a $375.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $245.3K, with a price of $2455.0 per contract. There were 666 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a put option trade that happens to be bullish, expiring in 598 day(s) on January 15, 2027. This event was a transfer of 100 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $36.9K, with a price of $369.0 per contract. There were 976 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

Melco Resorts & Entertainment Limited - American Depositary Shares

MLCO

PLAY

Shares of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) might be in for a rough week, according to the Managing Partner of The Future Fund, Gary Black, following the announcement of steep discounts by the company&#8217;s Chinese rival.
What Happened: Black took to X on Monday, addressing concerns regarding the latest price war in the highly competitive EV market and its impact on Tesla. He was referring to Chinese automaker BYD Auto Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) and its recently announced discounts ranging from 6% and 20% across its EV franchises.
He notes that shares of BYD are down 7.7% in the Hong Kong stock exchange, which he attributes to the price cuts that are set to last until June 30. He also says that these cuts &#8220;will likely be matched by Chinese EV competitors,&#8221; hinting at a race to the bottom.
See Also: <a href="https://www.benzinga.com/tech/25/05/45610924/jensen-huang-says-biden-era-export-control-was-a-failure-if-they-dont-have-enough-nvidia-they-will-use-their-own">Jensen Huang Says Biden-Era &#8216;Export Control&#8217; Was A Failure: &#8216;If They Don&#8217;t Have Enough Nvidia, They Will Use Their Own&#8217;</a>
&#8220;This could weigh down $TSLA when it resumes trading Tuesday,&#8221; he says, despite the positive macroeconomic news, such as Trump&#8217;s decision to extend the tariff deadline for the EU, which Black believes holds limited upside for Tesla. 
On CEO Elon Musk's recent pledge to re-focus on Tesla, Black states bluntly that he views the announcement as a &#8220;non-event,&#8221; adding that it would do little to &#8220;change TSLA's declining delivery trajectory,&#8221; which consensus estimates peg at 1.7 million for the full-year, down 5% on a year-over-year basis.
Black also expressed skepticism over Tesla's upcoming low-cost EV, expected in the third quarter. He&#8217;s concerned that it may end up being &#8220;a scaled-down Model 3 or Model Y,&#8221; rather than an entirely new design. 
If that's the case, he argues, the vehicle likely won't expand Tesla's total addressable market or attract new buyers outside its existing base.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24BYDDY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BYDDY</a> -7.7% in Asia (1211 HK) after announcing temporary price cuts on 22 different EV models within its Dynasty and Ocean franchises that will run through June 30. The price cuts range from 6-20% and will likely be matched by Chinese EV competitors. This could weigh down… <a href="https://t.co/NK0k0Bwogp">https://t.co/NK0k0Bwogp</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1926863139594817712?ref_src=twsrc%5Etfw">May 26, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Musk&#8217;s return to the company as its full-time CEO, following a brief stint in the government has led to a 49% rally in the stock since it was first <a href="https://www.benzinga.com/25/04/44945402/wedbushs-dan-ives-raises-teslas-price-target-to-350-as-musk-promises-to-significantly-reduce-doge-time">announced last month</a>.
Wedbush Securities Analyst Dan Ives said last week that the company could be headed towards its &#8220;golden period&#8221; following Musk recommitting to the brand, predicting a <a href="https://benzinga.com/markets/25/05/45596536/tesla-bull-dan-ives-thinks-elon-musks-ev-giant-could-be-entering-a-golden-era-says-2-trillion-market">$2 trillion market cap</a> for the stock, citing its robotics and robotaxi plays.
Black, however, remains skeptical of the <a href="https://www.benzinga.com/25/05/45488706/gary-black-thinks-expectations-for-teslas-robotaxi-launch-are-too-high-currently-teslas-autonomy-cant">company&#8217;s robotaxi promises</a>, having said last week that &#8220;Tesla&#8217;s autonomy can&#8217;t be operated hands off/eyes off in most areas of the country,&#8221; calling the company&#8217;s claims into question, along with those of other Tesla bulls.
Ross Gerber of Gerber Kawasaki Wealth Management, who was a long-time Tesla bull himself, echoed similar concerns last week, citing his own experience using the Cybertruck&#8217;s FSD (Full Self-Driving) 13.2.9, which he found to be lackluster.
&#8220;This could be an extremely difficult time for them if they don't pull off or at least convince people that they have a real robotaxi business on the way,&#8221; Gerber said, adding that he believes the stock has been &#8220;overvalued for a while.&#8221;
<figure class="wp-block-table"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td class="has-text-align-center" data-align="center">Stock / ETF</td>
<td class="has-text-align-center" data-align="center">Year-To-Date Performance</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td class="has-text-align-center" data-align="center">-10.53%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>)</td>
<td class="has-text-align-center" data-align="center">17.96%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">BYD Auto Co. Ltd. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>)</td>
<td class="has-text-align-center" data-align="center">78.57%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>)</td>
<td class="has-text-align-center" data-align="center">-15.51%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>)</td>
<td class="has-text-align-center" data-align="center">-16.04%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">Global X Autonomous &amp; Electric Vehicles ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DRIV#NASDAQ">DRIV</a>)</td>
<td class="has-text-align-center" data-align="center">-4.82%</td>
</tr>
<tr>
<td class="has-text-align-center" data-align="center">SPDR S&amp;P Kensho Smart Mobility ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HAIL#NYSE">HAIL</a>)</td>
<td class="has-text-align-center" data-align="center">-2.59%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: Tesla shares were down 0.50% on Friday, trading at $339.34. Shares of BYD Auto were down 8.59% on Monday, and have extended their decline into Tuesday, with the stock trading down 2.25%, at $415.80 HKD, on the Hong Kong Stock Exchange.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="137" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM-1024x137.png" alt="" class="wp-image-927778" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM-1024x137.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM-300x40.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM-768x102.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM-1536x205.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27022831/Screenshot-2025-05-27-at-11.58.17-AM.png 1620w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
According to Benzinga&#8217;s Edge Stock Rankings, Tesla is ranked high across all metrics, besides Value, where it scores 8.76th percentile. It has a favorable price trend in the short, medium, and long terms. Click <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">here</a> for deeper insights on the stock and its peers. 
Photo Courtesy: ssi77 on Shutterstock.com
Read More:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45609982/elon-musk-rival-ray-kurzweils-beyond-imagination-lands-100m-deal-as-tesla-nvidia-meta-race-toward-ai-powered-humanoid-robots">Elon Musk Rival? Ray Kurzweil&#8217;s Beyond Imagination Lands $100M Deal As Tesla, Nvidia, Meta Race Toward AI-Powered Humanoid Robots</a></li>
</ul>

Travel

ETFs

DRIV

HAIL

Gary Black Says Price War By BYD Threatens Tesla — Dismisses Elon Musk's Comeback As 'Non-Event'

NIO's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) short percent of float has fallen 6.42% since its last report. The company recently reported that it has 205.93 million shares sold short, which is 12.54% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.11 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>NIO Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748019624_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for NIO has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing NIO's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, NIO's peer group average for short interest as a percentage of float is 9.62%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About NIO?

While electric vehicle investors fixate on Tesla Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/05/45548192/tesla-enters-its-most-bullish-window-this-seasonal-trade-delivered-24-average-gain-over-10-years">margins</a>, Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) has quietly pulled off a bullish technical feat — <a href="https://www.benzinga.com/topic/golden-cross">a Golden Cross</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523"><img loading="lazy" decoding="async" width="631" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23081529/Screenshot-2025-05-23-at-4.36.49-PM.png" alt="" class="wp-image-925922" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23081529/Screenshot-2025-05-23-at-4.36.49-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/23081529/Screenshot-2025-05-23-at-4.36.49-PM-300x231.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0523">Chart created using Benzinga Pro</a>
That's when the 50-day moving average rises above the 200-day average, often interpreted as a breakout signal. But here&#8217;s the kicker: the fundamentals haven't quite caught up.
Rivian stock is currently trading at $15.91, riding above its eight-day ($15.78), 20-day ($14.45), 50-day ($12.79) and 200-day ($12.47) moving averages — all flashing Bullish signals. Add a MACD (moving average convergence/divergence) indicator of 1.05 and an RSI (relative strength index) of 65.56, and technically, the EV underdog is heating up.
Read Also: <a href="https://www.benzinga.com/markets/25/05/45490934/rivians-software-chief-hails-volkswagen-partnership-says-german-automaker-gained-startup-dna-ahead-of-budget-ev-launch">Rivian&#8217;s Software Chief Hails Volkswagen Partnership, Says German Automaker Gained &#8216;Startup DNA&#8217; Ahead Of Budget EV Launch</a>
<h2 class="wp-block-heading">Tesla Vs. Nio Vs. Rivian — Valuation, Deliveries Don&#8217;t Align</h2>
But Rivian's momentum on the chart comes with a reality check. In the first quarter, Rivian produced 14,611 vehicles and delivered 8,640, in line with its conservative guidance. 
Meanwhile, China's Nio Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) delivered 42,094 vehicles — nearly five times more — and yet, Nio's $8.7 billion market cap is less than half of Rivian's $18.3 billion.
Then there's Tesla, the EV apex predator. With 336,681 deliveries last quarter, Tesla outsold Nio by nearly 8x and Rivian by an eye-watering 39x. Yet, its valuation towers at $1.11 trillion — more than 100 times Nio's.
So, what's driving Rivian's technical breakout? 
Part optimism, part <a href="https://www.benzinga.com/quote/RIVN/short-interest">short squeeze</a>, and part hope that its recent efficiency gains at its Normal, Illinois plant might translate into a more scalable business. But the valuation gap with Nio, in particular, should give investors pause — especially when Nio delivers more cars and has stronger China demand tailwinds.
For now, traders riding the Golden Cross wave have reason to stay onboard — but for long-term investors, Rivian's rally may need to be backed by more than just moving averages.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/25/05/45490934/rivians-software-chief-hails-volkswagen-partnership-says-german-automaker-gained-startup-dna-ahead-of-budget-ev-launch">Jim Cramer: Rivian Better Than This Automaker, Pan American Silver Is The &#8216;Best Silver Mine&#8217;</a></li>
</ul>
Image: Shutterstock

Long Ideas

Technicals

Signals

Golden Cross Alert: Rivian Breaks Out, Even As Nio Outsells It 10-To-1

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/23/25</td>
<td>$350.00</td>
<td>$77.1K</td>
<td>21.7K</td>
<td>128.1K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/23/25</td>
<td>$210.00</td>
<td>$37.8K</td>
<td>36.2K</td>
<td>15.0K</td>
</tr>
<tr>
<td>LCID</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$3.00</td>
<td>$25.8K</td>
<td>10.6K</td>
<td>14.0K</td>
</tr>
<tr>
<td>ETSY</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$25.0K</td>
<td>28.0K</td>
<td>5.7K</td>
</tr>
<tr>
<td>CAVA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$90.00</td>
<td>$32.9K</td>
<td>668</td>
<td>2.4K</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$30.00</td>
<td>$99.8K</td>
<td>31.4K</td>
<td>2.3K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$5.00</td>
<td>$46.1K</td>
<td>8.8K</td>
<td>1.0K</td>
</tr>
<tr>
<td>EBAY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$72.50</td>
<td>$49.0K</td>
<td>911</td>
<td>135</td>
</tr>
<tr>
<td>WEN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$10.00</td>
<td>$30.2K</td>
<td>491</td>
<td>110</td>
</tr>
<tr>
<td>FIVE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$115.00</td>
<td>$39.2K</td>
<td>80</td>
<td>90</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bullish, expiring in 3 day(s) on May 23, 2025. This event was a transfer of 78 contract(s) at a $350.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $77.1K, with a price of $985.0 per contract. There were 21780 open contracts at this strike prior to today, and today 128182 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option sweep that happens to be bearish, expiring in 3 day(s) on May 23, 2025. This event was a transfer of 700 contract(s) at a $210.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $37.8K, with a price of $54.0 per contract. There were 36275 open contracts at this strike prior to today, and today 15084 contract(s) were bought and sold. 
• Regarding LCID (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>), we observe a call option sweep with bullish sentiment. It expires in 10 day(s) on May 30, 2025. Parties traded 1832 contract(s) at a $3.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $25.8K, with a price of $14.0 per contract. There were 10654 open contracts at this strike prior to today, and today 14013 contract(s) were bought and sold. 
• For ETSY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ETSY#NASDAQ">ETSY</a>), we notice a call option trade that happens to be bullish, expiring in 31 day(s) on June 20, 2025. This event was a transfer of 200 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $125.0 per contract. There were 28020 open contracts at this strike prior to today, and today 5708 contract(s) were bought and sold. 
• Regarding CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we observe a put option sweep with bearish sentiment. It expires in 31 day(s) on June 20, 2025. Parties traded 70 contract(s) at a $90.00 strike. This particular put needed to be split into 17 different trades to become filled. The total cost received by the writing party (or parties) was $32.9K, with a price of $470.0 per contract. There were 668 open contracts at this strike prior to today, and today 2405 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a call option trade with bearish sentiment. It expires in 31 day(s) on June 20, 2025. Parties traded 497 contract(s) at a $30.00 strike. The total cost received by the writing party (or parties) was $99.8K, with a price of $201.0 per contract. There were 31497 open contracts at this strike prior to today, and today 2341 contract(s) were bought and sold. 
• Regarding NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we observe a call option sweep with bearish sentiment. It expires in 185 day(s) on November 21, 2025. Parties traded 1000 contract(s) at a $5.00 strike. This particular call needed to be split into 49 different trades to become filled. The total cost received by the writing party (or parties) was $46.1K, with a price of $46.0 per contract. There were 8826 open contracts at this strike prior to today, and today 1019 contract(s) were bought and sold. 
• Regarding EBAY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>), we observe a call option sweep with bullish sentiment. It expires in 122 day(s) on September 19, 2025. Parties traded 100 contract(s) at a $72.50 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $49.0K, with a price of $490.0 per contract. There were 911 open contracts at this strike prior to today, and today 135 contract(s) were bought and sold. 
• Regarding WEN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>), we observe a call option trade with bullish sentiment. It expires in 241 day(s) on January 16, 2026. Parties traded 110 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $30.2K, with a price of $275.0 per contract. There were 491 open contracts at this strike prior to today, and today 110 contract(s) were bought and sold. 
• For FIVE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FIVE#NASDAQ">FIVE</a>), we notice a put option sweep that happens to be bullish, expiring in 59 day(s) on July 18, 2025. This event was a transfer of 36 contract(s) at a $115.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $39.2K, with a price of $1092.0 per contract. There were 80 open contracts at this strike prior to today, and today 90 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CAVA

EBAY

ETSY

FIVE

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Electric automaker NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) announced a new partnership aimed at bolstering energy infrastructure across northeastern China.
NIO Power, the energy unit of the EV manufacturer, signed a strategic agreement with ZDK Group in Shenyang, located in Liaoning province, CnEV Post <a target="_blank" href="https://cnevpost.com/2025/05/20/nio-new-deal-100-swap-stations-northeast-china/" rel="noreferrer noopener">reports</a>, citing&nbsp;an announcement posted on the NIO App.
The collaboration outlines plans to build 100 battery swap stations in Liaoning, Jilin, Heilongjiang and Inner Mongolia to support Nio&#8217;s growing fleet and customer base.
The new agreement is expected to accelerate the development of EV energy stations in high-traffic and industrial areas, including transportation hubs and urban clusters.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/25/05/45338228/chinas-ev-market-surges-past-us-and-europe-chinas-elon-musk-shares-two-stats-that-explain-why" rel="noreferrer noopener">China&#8217;s EV Market Surges Past US and Europe—&#8217; China&#8217;s Elon Musk&#8217; Shares Two Stats That Explain Why</a>
In a separate update, Nio announced the rollout of its refreshed ES6 SUV and EC6 coupe SUV models in China, CnEV Post <a target="_blank" href="https://cnevpost.com/2025/05/20/nio-starts-deliveries-updated-es6-ec6/" rel="noreferrer noopener">reports</a>.
NIO recently revealed a successful internal test of its next-generation <a target="_blank" href="https://www.benzinga.com/news/global/25/05/45469198/whats-going-on-with-nio-stock-on-friday" rel="noreferrer noopener">autonomous driving platform</a>. Using its proprietary NIO World Model, the company&#8217;s vehicle completed an entire journey autonomously, showcasing major strides in its driver-assistance development.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, NIO stock has lost over 23% in the past year. Investors can gain exposure to the stock via&nbsp;Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>).
Price Action: NIO shares are trading lower by 0.99% to $4.00 at last check Tuesday.
Read Next:
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<li><a href="https://www.benzinga.com/25/05/45520017/why-morgan-stanley-remains-bullish-on-tesla" target="_blank" rel="noreferrer noopener">Why Morgan Stanley Remains Bullish On Tesla</a></li>
</ul>
Image by Robert Way via Shutterstock

What's Going On With NIO Stock On Tuesday?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/23/25</td>
<td>$350.00</td>
<td>$44.3K</td>
<td>17.0K</td>
<td>59.3K</td>
</tr>
<tr>
<td>JWN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$25.00</td>
<td>$31.5K</td>
<td>1</td>
<td>32.8K</td>
</tr>
<tr>
<td>XPEV</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/17/25</td>
<td>$22.00</td>
<td>$97.3K</td>
<td>3.9K</td>
<td>4.9K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$3.00</td>
<td>$564.0K</td>
<td>14.0K</td>
<td>4.4K</td>
</tr>
<tr>
<td>GME</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$125.00</td>
<td>$194.1K</td>
<td>1.0K</td>
<td>2.3K</td>
</tr>
<tr>
<td>AMZN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$205.00</td>
<td>$179.2K</td>
<td>15.2K</td>
<td>1.6K</td>
</tr>
<tr>
<td>BURL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/30/25</td>
<td>$280.00</td>
<td>$126.5K</td>
<td>8</td>
<td>1.2K</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$12.00</td>
<td>$44.5K</td>
<td>142</td>
<td>200</td>
</tr>
<tr>
<td>DKS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>05/30/25</td>
<td>$197.50</td>
<td>$324.8K</td>
<td>2</td>
<td>198</td>
</tr>
<tr>
<td>CHWY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$45.00</td>
<td>$92.0K</td>
<td>11</td>
<td>123</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on May 23, 2025. This event was a transfer of 70 contract(s) at a $350.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $44.3K, with a price of $634.0 per contract. There were 17042 open contracts at this strike prior to today, and today 59382 contract(s) were bought and sold. 
• For JWN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JWN#NYSE">JWN</a>), we notice a put option trade that happens to be bearish, expiring in 32 day(s) on June 20, 2025. This event was a transfer of 630 contract(s) at a $25.00 strike. The total cost received by the writing party (or parties) was $31.5K, with a price of $50.0 per contract. There were 1 open contracts at this strike prior to today, and today 32832 contract(s) were bought and sold. 
• For XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we notice a call option trade that happens to be bullish, expiring in 151 day(s) on October 17, 2025. This event was a transfer of 391 contract(s) at a $22.00 strike. The total cost received by the writing party (or parties) was $97.3K, with a price of $249.0 per contract. There were 3991 open contracts at this strike prior to today, and today 4984 contract(s) were bought and sold. 
• For NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), we notice a call option trade that happens to be neutral, expiring in 242 day(s) on January 16, 2026. This event was a transfer of 4000 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $564.0K, with a price of $141.0 per contract. There were 14082 open contracts at this strike prior to today, and today 4437 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a put option trade that happens to be neutral, expiring in 242 day(s) on January 16, 2026. This event was a transfer of 20 contract(s) at a $125.00 strike. The total cost received by the writing party (or parties) was $194.1K, with a price of $9705.0 per contract. There were 1054 open contracts at this strike prior to today, and today 2340 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a put option sweep that happens to be bullish, expiring in 32 day(s) on June 20, 2025. This event was a transfer of 309 contract(s) at a $205.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $179.2K, with a price of $580.0 per contract. There were 15246 open contracts at this strike prior to today, and today 1690 contract(s) were bought and sold. 
• Regarding BURL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>), we observe a call option sweep with bullish sentiment. It expires in 11 day(s) on May 30, 2025. Parties traded 137 contract(s) at a $280.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $126.5K, with a price of $925.0 per contract. There were 8 open contracts at this strike prior to today, and today 1226 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option trade with bullish sentiment. It expires in 60 day(s) on July 18, 2025. Parties traded 100 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $44.5K, with a price of $445.0 per contract. There were 142 open contracts at this strike prior to today, and today 200 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a put option sweep with neutral sentiment. It expires in 11 day(s) on May 30, 2025. Parties traded 197 contract(s) at a $197.50 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $324.8K, with a price of $1645.0 per contract. There were 2 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• Regarding CHWY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>), we observe a put option sweep with bullish sentiment. It expires in 305 day(s) on March 20, 2026. Parties traded 118 contract(s) at a $45.00 strike. This particular put needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $92.0K, with a price of $780.0 per contract. There were 11 open contracts at this strike prior to today, and today 123 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BURL

CHWY

NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares are trading higher on<a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener"> Friday morning</a>.
The Chinese electric vehicle manufacturer reportedly showcased the capabilities of its next-generation driver assistance system, powered by its proprietary Nio World Model technology.
The company revealed the results of an internal test where its vehicle executed a complete autonomous journey using NWM, marking a key milestone in its smart driving strategy, CnEV Post <a target="_blank" href="https://cnevpost.com/2025/05/16/nio-shows-nwm-driver-assist-video/" rel="noreferrer noopener">reports</a>.
Harry Wong, head of smart driving products at Nio, shared a video demonstrating a point-to-point autonomous test run — from a residential basement parking lot to an office campus spot — spanning 39.3 kilometers.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/management/25/05/45180224/these-ev-makers-could-shine-if-musk-leaves-tesla" rel="noreferrer noopener">These EV Makers Could Shine If Musk Leaves Tesla</a>
The report adds that the car navigated the entire trip without human input, handling 23 traffic lights and highway toll stations along the route.
NIO plans to provide deeper insights into the NWM platform during the official debut of its ES6 SUV and EC6 Coupe SUV models.
Wong also confirmed that the first version of NWM was finalized a day prior and encouraged anticipation from users on the Banyan and Cedar systems.
According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>, Nio stock has decreased over 21% in the past year. Investors can gain exposure to the stock via Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>).
Recently, the firm revealed that its advanced steer-by-wire system, featured in the ET9 executive sedan, has <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45376387/whats-going-on-with-nio-stock-on-tuesday" rel="noreferrer noopener">secured a key regulatory approval in Europe.</a>
This development positions the electric vehicle manufacturer as a global frontrunner in deploying next-generation driving technologies.
NIO Price Action: Nio shares are trading higher by 2.88% to $4.11 at publication on Friday.
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</ul>
Photo: Robert Way via Shutterstock.com

Global

What's Going On With NIO Stock On Friday?

Shares of Chinese EV maker NIO Inc &#8211; ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) fell around 3% to $4.00 on Thursday, tracking broader weakness in U.S.-listed Chinese stocks after Alibaba Group reported mixed fiscal fourth-quarter results. Alibaba shares dropped 8.1% to $123.05 after <a href="https://www.benzinga.com/news/earnings/25/05/45437447/alibaba-stock-slides-5-after-revenue-miss-cloud-spend-hits-free-cash-flow">missing revenue expectations</a>, despite beating earnings estimates.
What To Know: Alibaba posted $32.58 billion in quarterly revenue, falling short of the $33.08 billion analyst consensus. Although adjusted earnings per ADS came in strong at $1.73 versus estimates of $1.48, the topline miss and deceleration in some key business segments weighed on investor sentiment.
Read Also: <a href="https://www.benzinga.com/trading-ideas/movers/25/05/45442180/whats-going-on-with-ericsson-stock-on-thursday">What&#8217;s Going On With Ericsson Stock On Thursday?</a>
In particular, declines in <a href="https://www.benzinga.com/news/earnings/25/05/45437447/alibaba-stock-slides-5-after-revenue-miss-cloud-spend-hits-free-cash-flow">logistics revenue</a> and planned pullbacks in direct sales raised concerns about broader macro and consumer demand trends in China.

Why It Matters: As a China-based growth stock, Nio is often viewed in tandem with other major Chinese firms like Alibaba. When a heavyweight like Alibaba underperforms or signals broader economic uncertainty, it tends to trigger sympathy selling across U.S.-listed Chinese equities, especially those tied to consumer demand and domestic growth.
Read Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/05/45435725/tariffs-slow-retail-spending-as-producer-prices-post-sharpest-drop-since-2020">Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020</a>
<h2 class="wp-block-heading">How To Buy NIO Stock</h2>
By now you're likely curious about how to participate in the market for NIO &#8211; be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of <a href="https://www.benzinga.com/money/best-stock-trading-platforms">possible trading platforms here.</a> Many will allow you to buy &#8220;fractional shares,&#8221; which allows you to own portions of stock without buying an entire share.
In the case of NIO, which is trading at $4.0 as of publishing time, $100 would buy you 25.0 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to &#8220;go short&#8221; a share of stock by lending you the shares to sell. The process of shorting a <a href="https://www.benzinga.com/money/how-to-short-a-stock">stock can be found at this resource.</a> Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading &#8211; either way it allows you to profit off of the share price decline.
According to data from&nbsp;<a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>, NIO has a 52-week high of $7.71 and a 52-week low of $3.02.

NIO Stock Is Sliding Thursday: What's Going On?

NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares are trading lower <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">on Tuesday</a>. The firm revealed that its advanced steer-by-wire system, featured in the ET9 executive sedan, has secured a key regulatory approval in Europe, <a href="https://cnevpost.com/2025/05/13/nio-gets-european-certification-steer-by-wire-et9/" target="_blank" rel="noreferrer noopener">reports</a> CnEV Post, citing a statement from CEO William Li on Weibo.
This development positions the electric vehicle manufacturer as a global frontrunner in deploying next-generation driving technologies.
The SBW technology on the ET9 has received the E-Mark certification under the United Nations Economic Commission for Europe framework, following assessment by the Spanish automotive certification group Applus IDIADA.
Also Read: <a target="_blank" href="https://www.benzinga.com//node/45357613" rel="noreferrer noopener">China Tariff De-Escalation Biggest Winners Include Tesla, Apple: &#8216;New Tech Highs Back On The Table Now For 2025&#8217;</a>
This marks the first time the organization has endorsed an SBW-enabled vehicle in the region.
NIO launched the ET9, its most premium offering to date, during Nio Day 2024.
Priced at RMB 788,000 (approximately $109,560), the four-seater sedan began reaching customers in China at the end of March, CnEV Post adds. The company delivered 810 units in April, its first full delivery month, according to CnEVPost data.
Alongside the ET9 milestone, NIO is refreshing several key models in its lineup.
Beginning May 10, customers in China can place pre-orders for updated versions of the ES6 SUV, EC6 coupe SUV, and the ET5 and ET5 Touring sedans. Showrooms will simultaneously unveil <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/05/45322004/whats-going-on-with-nio-stock-today-23" rel="noreferrer noopener">the revamped ES6 and EC6 models.</a>
NIO recorded 23,900 vehicle deliveries in April, <a target="_blank" href="https://www.benzinga.com/25/05/45134925/chinese-ev-companies-see-huge-april-growth-xpeng-surges-273-in-deliveries" rel="noreferrer noopener">a 53% year-over-year increase.</a>
The surge in shipments indicates strong demand, even as the company invests in innovative features like SBW and explores international market opportunities.
Price Action: NIO shares are trading lower by 2.02% to $4.115 at last check on Tuesday.
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Photo by Tada Images via Shutterstock

Eurozone

Media

<a target="_blank" href="https://www.benzinga.com/topic/chinese-stocks" rel="noreferrer noopener">US-listed Chinese stocks</a> led by Alibaba Group Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), PDD Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), and&nbsp;Baidu, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIDU#NASDAQ">BIDU</a>) gained on Monday.
Beijing and Washington agreed to lower tariffs on each other&#8217;s products temporarily, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-05-12/chinese-stocks-move-higher-as-trade-talks-progress-lifts-mood?sref=TBDibEcD" rel="noreferrer noopener">reported</a> on Monday.
The agreement will reduce U.S. levies of 145% on most Chinese imports to 30%, while China&#8217;s 125% duties on US goods will drop to 10% for a 90-day period.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45196679/nvidia-faces-new-challenges-as-us-tightens-semiconductor-sanctions-and-tracks-ai-chip-smuggling" rel="noreferrer noopener">Nvidia&#8217;s New Challenge: US Lawmaker Wants Company To Track Its Chips To Avoid Smuggling In China</a>
According to the report, the deal followed weekend negotiations in Geneva.
The Chinese electric vehicle companies, including&nbsp;NIO Inc.&nbsp;(NYSE: NIO),&nbsp;Li Auto Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>), and&nbsp;XPeng Inc. XPEV, also noted strong upward momentum.
Linda Lam of Union Bancaire Privee in Hong Kong told Bloomberg that the move would relieve corporates and consumers from runaway costs and remove an escalation overhang.
In April, President Trump&nbsp;hinted at a <a target="_blank" href="https://www.benzinga.com/government/regulations/25/05/45168490/us-listed-chinese-stocks-soar-on-hopes-for-us-china-trade-truce" rel="noreferrer noopener">significant&nbsp;reduction in</a> tariff rates.
During an investor summit, Treasury Secretary Scott Bessent&nbsp;acknowledged the impracticability and mutual challenges of a tariff war with China.
Investors can gain exposure to Chinese stocks via&nbsp;the iShares China Large-Cap ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FXI#NYSE">FXI</a>) and&nbsp;the KraneShares Trust KraneShares CSI China Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KWEB#NYSE">KWEB</a>).
Price Action: BABA shares were trading higher by 6.46% at $133.43 at&nbsp;the last check on Monday.
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Photo via Shutterstock

Emerging Markets

KWEB

US Listed Chinese Stocks Rally As Countries Agree To Ease Import Tariffs

BILI

HSAI

Shares of US-listed Chinese companies are trading higher amid overall market strength after the United States and China temporarily suspended most tariffs on each other's goods.

NIO Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) shares saw<a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener"> modest gains on Friday</a>. The electric vehicle maker reportedly revealed plans to refresh several of its key models.
The company confirmed it will begin accepting pre-orders on Saturday, May 10, for updated versions of its ES6 SUV, EC6 coupe SUV, and its ET5 and ET5 Touring sedans, <a target="_blank" href="https://cnevpost.com/2025/05/09/nio-pre-orders-updated-es6-ec6-may-10/" rel="noreferrer noopener">reports </a>CnEV Post.
The report adds that NIO noted that showroom displays of the revamped ES6 and EC6 will be available across China starting May 10.
The EV firm reported 23,900 vehicle deliveries in April,<a href="https://www.benzinga.com/25/05/45134925/chinese-ev-companies-see-huge-april-growth-xpeng-surges-273-in-deliveries" target="_blank" rel="noreferrer noopener"> marking a 53% jump year-over-year.</a>
Also Read: <a target="_blank" href="https://www.benzinga.com/news/management/25/05/45180224/these-ev-makers-could-shine-if-musk-leaves-tesla" rel="noreferrer noopener">These EV Makers Could Shine If Musk Leaves Tesla</a>
Of those, 19,269 came from its flagship NIO brand, while 4,400 units were attributed to its family-focused line Onvo, and the remaining deliveries were early orders for its newest premium sub-brand, Firefly, officially launched in late April.
Last month, NIO&#8217;s Onvo unit made waves at the 2025 Shanghai Auto Show by <a href="https://www.benzinga.com/25/04/44968005/whats-going-on-with-chinese-ev-manufacturer-nio-stock-on-wednesday" target="_blank" rel="noreferrer noopener">unveiling its new large SUV, the L90.</a>
The vehicle stands out with its spacious design, stretching over 5.1 meters in length and exceeding 3.1 meters in wheelbase. It targets families and comfort-focused buyers.
To date, as of April 30, 2025, NIO has delivered 737,558 vehicles cumulatively, demonstrating steady expansion across its growing brand portfolio.
According to&nbsp;<a target="_blank" href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw" rel="noreferrer noopener">Benzinga Pro</a>, NIO stock has lost over 25% in the past year. Investors can gain exposure to the stock via&nbsp;Invesco Golden Dragon China ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PGJ#NASDAQ">PGJ</a>).
Price Action: NIO shares are trading higher by 0.88% to $4.005 at last check Friday.
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</ul>
Photo: Shutterstock

What's Going On With NIO Stock Today?

Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) remains committed to its $45,000 starting price for the upcoming R2 electric vehicle despite mounting concerns over global trade tensions and tariffs, CEO RJ Scaringe confirmed during the <a href="https://www.benzinga.com/news/earnings/25/05/45236756/rivian-q1-earnings-double-beat-record-gross-profit-delivery-estimates-lowered-on-tariff-concerns">company&#8217;s first-quarter of 2025 earnings call</a>.
What Happened: &#8220;We&#8217;re not planning changes in our $45,000 starting price. This is important for us,&#8221; Scaringe said, addressing investor concerns about the impact of recent tariffs on EV components. The company expects per-unit tariff impacts of approximately $2,000 for 2025.
Rivian reported <a href="https://www.benzinga.com/news/earnings/25/05/45236756/rivian-q1-earnings-double-beat-record-gross-profit-delivery-estimates-lowered-on-tariff-concerns">better-than-expected first-quarter results</a> with an Earnings Per Share of -$0.41. Revenue reached $1.24 billion, exceeding the street consensus estimate of $1 billion. The company achieved positive gross profit for the second consecutive quarter at $26 million.
See Also: <a href="https://www.benzinga.com/25/05/45242668/cathie-wood-sells-41-million-worth-of-palantir-shares-following-post-earnings-plunge">Cathie Wood Sells $41 Million Worth Of Palantir Shares Following Post-Earnings Plunge</a>
Why It Matters: Despite the strong financial performance, Rivian revised its 2025 delivery guidance downward to 40,000-46,000 vehicles, citing increased price sensitivity in the EV market and a challenging consumer backdrop.
The R2, scheduled for production in the first half of 2026, represents Rivian&#8217;s strategic move into a more affordable market segment. The company has begun validation builds of the R2 prototype and confirmed that its Normal, Illinois, facility expansion remains on schedule, with a planned production shutdown for approximately one month in the second half of 2025 for R2 integration.
CFO Claire McDonough emphasized that R2 will be &#8220;truly transformative for our growth and profitability,&#8221; noting that the company expects &#8220;a faster path to profitability as compared to R1.&#8221;
Price Action: Rivian stock closed at $13.50 on Tuesday, down 0.37% for the day, and fell another 1.56% in after-hours trading to $13.29. Year to date, the stock is up 1.89%.
According to Benzinga Stock Edge Rankings, Rivian shows stronger growth metrics than rivals Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>), though it trails Lucid Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>). RIVN also exhibits a positive price trend from the short to long term. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Sign up to learn more</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/trading-ideas/movers/25/05/45242697/bitcoin-ethereum-dogecoin-spike-as-scott-bessents-gears-up-for-trade-talks-with-china-key-btc-stakeholders-moving-in-the-right-direction-towards-100000-target-says-ana">Bitcoin, Ethereum, Dogecoin Spike As Scott Bessent&#8217;s Gears Up For Trade Talks With China: Key BTC Stakeholders &#8216;Moving In The Right Direction&#8217; Towards $100,000 Target, Says Analytics Firm</a></li>
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Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Michael Berlfein via Shutterstock

Rivian Holds Firm On $45K Price For Upcoming R2 Despite Tariff Pressures: CEO RJ Scaringe Says It's 'Important For Us' As EV Maker Tops Q1 Estimates

Investors with a lot of money to spend have taken a bullish stance on NIO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NIO, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for NIO.
This isn't normal.
The overall sentiment of these big-money traders is split between 75% bullish and 0%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $32,568, and 7, calls, for a total amount of $492,293.
<h3>Expected Price Movements</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $5.5 for NIO over the last 3 months. 
<h3>Insights into Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in NIO's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to NIO's substantial trades, within a strike price spectrum from $3.0 to $5.5 over the preceding 30 days.
<h3>NIO Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1746554484_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$0.57</td>
<td>$0.56</td>
<td>$0.57</td>
<td>$5.00</td>
<td>$144.9K</td>
<td>107.9K</td>
<td>5.1K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$0.57</td>
<td>$0.56</td>
<td>$0.57</td>
<td>$5.00</td>
<td>$136.1K</td>
<td>107.9K</td>
<td>2.4K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/20/25</td>
<td>$0.96</td>
<td>$0.94</td>
<td>$0.95</td>
<td>$3.00</td>
<td>$94.2K</td>
<td>4.2K</td>
<td>1.1K</td>
</tr>
<tr>
<td>NIO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$0.84</td>
<td>$0.83</td>
<td>$0.84</td>
<td>$4.00</td>
<td>$33.6K</td>
<td>49.2K</td>
<td>784</td>
</tr>
<tr>
<td>NIO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$1.8</td>
<td>$1.77</td>
<td>$1.77</td>
<td>$5.50</td>
<td>$32.5K</td>
<td>576</td>
<td>184</td>
</tr>
</tbody>
</table>

<h3>About NIO</h3>
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold around 222,000 EVs in 2024, accounting for about 2% of the China passenger new energy vehicle market.
Following our analysis of the options activities associated with NIO, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of NIO</h3>
<ul>
<li>With a trading volume of 23,831,040, the price of NIO is down by -1.76%, reaching $3.91.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 30 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for NIO</h3>
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $3.5.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on NIO with a target price of $3. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for NIO with <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> for real-time alerts.

NIO's Options Frenzy: What You Need to Know

Earnings

Press Releases

NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results

China's Belt and Road Initiative Targets Critical Minerals to Bolster Tech Industries

NIO Inc. Announces Proposed Offering of New Shares

Financing

NIO Inc. Announces Pricing of Upsized HK$4,030 Million Offering of New Shares

NIO Inc. Provides March and First Quarter 2025 Delivery Update

NIO Inc. Announces Completion of HK$4,030 Million Offering of New Shares

NIO Inc. Files Its 2024 Annual Report on Form 20-F

NIO Inc. Provides April 2025 Delivery Update

NIO Inc. to Report Unaudited First Quarter 2025 Financial Results on Tuesday, June 3, 2025

NIO to Hold Annual General Meeting on June 25, 2025

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Comments

NIO

Unusual Options Activity for

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO

Date	Put/Call	Strike Price	Exp Date	DTE	Trade Vol	Day Vol	Vol / OI	OI	Trade Type	Sentiment
09:32 AMMay 20, 2025	CALL	$4.00	Jun 18, 2026	382	4538	4538	72	6318	SWEEP	BULLISH
01:34 PMMay 19, 2025	CALL	$3.00	Jan 16, 2026	229	4437	4000	32	14082	TRADE	NEUTRAL