I opened $NIO 20240607 7.0 CALL$  ,NIO: sold covered call in NIO after it finally shows some signs of reversal from its low of $3.6. The strike selected at $7.0 which is 25% higher than current price. Expiry on 7th June which is 36 days away and Premium collection at 2% for the period. Potential volatility risk on 29th May for earnings. Recent bullishness related to better than expected deliveries. Look forward for better metrics by NIO during earnings for it to continue upward momentum else might stall and reverse back down.