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NIO reports on Tuesday, September 1 before the open. The at-the-money straddle covering that report prices a ±9.5% move — roughly $3.95 to $4.79 from $4.37. NIO has averaged ±7.1% on its last 7 earnings reactions (biggest: 15%), so this print is priced at 1.3× its own history.
Implied move = the live at-the-money straddle for the expiry covering the report (Sep 4); it shifts intraday. Historical move = the average of NIO’s own 1-day earnings reactions over its last reported quarters — a reference, not a forecast.