What should I do ? Rating is buy

BuBuBuBu : This is hard. I wish you good luck.

Austin Langon : if you can dedicate the capital I'd say buy what you can now to get yourself an average a little bit lower than the resistance price, because although you're in a long position, you can give yourself higher probability of profits if you can get your average down towards 5-6 - at least it's cheap now. this is just my personal advice - do what is best for you.

Shogun80 Austin Langon: A lot of ppl got screwed averaging down on rubbish companies like NIO. Better to sell monthly covered calls till the price goes back up. But at the strike price of 9, the premium is almost zero. So you might have to choose a lower strike price with reasonable premium against the expiry date and monitor and make sure you don’t get assigned. Ideally you can continue to keep the options premium until the price goes back up. That’s what I did when I was invested in NIO.

Austin Langon Shogun80: seems like an interesting strategy, but for some reason I've been denied even level 1 covered calls on moomoo so unfortunately it won't be my way to a profitable investment, however I've been able to average it very low so hopefully it will make it above 4.05 again and I will have my opportunity.

十拿十稳 : yes. you should buy more.

unfilteredtruths : You're screwed. Well done.

Jayden PangOP Austin Langon: I afraid it continues to drop

Austin Langon Shogun80: I made it out with a couple dollars in profit lol I hope this guy can escape too