There’s been a massive amount of unusual options activity in electric vehicles and related companies this past week. FuelCell Energy (FCEL) makes hydrogen fuel cells for power plants, although the technology is often talked about for use in electric vehicles, and has seen its share price climb 109% this past week. FCEL options traded 11x […]
Electric Cars
Trade of the Week: NIO
It may sound like a broken record, but there has once again been a massive amount of options action in Nio (NIO). The Chinese electric vehicle company is up an eye-popping 1,100% so far this year, as it continues to impress investors with robust growth numbers. Perhaps even more impressive, 2 million options contracts traded […]
Trade of the Week: NIO
While most eyes were on the US election, Chinese electric vehicle maker Nio (NIO) is off to the races. NIO’s stock price has climbed over 37% this past week and is up a whopping 838% for the year. The company recently announced strong October sales and better than expected growth. At least one analyst expects […]
NIO Stock Price Is On Fire – Will The Run Continue?
2020 is a year that is mostly defined by the COVID-19 pandemic and the historically crucial presidential election. From an investor standpoint, there’s one more thing you can add to that list: the growth of the electric vehicle (EV) market. Not only have several new EV companies come on to the scene, but existing players […]
TSLA, SPACs, and the EV Craze Attracting More Investors Than Ever
One look at Tesla’s (TSLA) stock in 2020 tells you that Wall Street loves electric vehicles (EVs). However, Tesla is not the entire EV market. There are other companies in the space that are just as exciting. A great way to invest in these other opportunities is through the use of a couple of special […]
Trade of the Week: NKLA
Electric vehicle stocks have recently been pulling back, but none more so than Nikola (NKLA). The electric/hydrogen-fueled truck maker had been the darling of the stock market in recent months. However, short selling attacks have sent the stock into a tailspin. The CEO has stepped down and the company appears to be in turmoil. Options […]
Trade of the Week: Workhorse (WKHS)
Investors have been very high on electric vehicle companies so far this year. While Tesla (TSLA) gets the most press as the leader in the industry, there are several smaller players who have seen plenty of action. One of these companies is Workhorse (WKHS), which makes electric delivery vans. WKHS has gotten a lot of […]
NIO Stock Price Jumps and Has More Room To Run
A lot of attention has been paid to the big tech companies this year, and rightly so. Big tech is leading the market to record highs, despite what the coronavirus pandemic has done (and continues to do) to the global economy. Precious metals are another area getting a lot of space in the financial press. […]
Trade of the Week: NIO
Electric vehicles have been all the rage lately in the stock and options market. NIO (NIO) has been no exception to this. The company is sometimes called the “Tesla of China” and actually has $1 billion worth of sales already. However, the huge run up in the stock price gave NIO an extremely high valuation, […]
Trading Options On The “Next Tesla”
In a year of unpredictable market action, perhaps the most eye-opening moves are occurring in electric vehicle (EV) stocks. EV companies like TSLA are all the rage right now. Just about any stock that has some relationship to electric vehicles sees a ton of action (in the stock and the options). Just look at what […]