Nu Skin calls active on speculation regarding resellers in China Nu Skin March 79 weekly and March 75 calls are active on 2900 contracts (255 puts) on speculation the company has reached an agreement with the Chinese government not to shut down direct sellers. March call option implied volatility is at 78, April and June is at 57; compared to its 26-week average of 47 according to Track Data, suggesting large near term price movement.
Nu Skin gets direct selling authorization for additional city in mainland China Nu Skin Enterprises announced it has received approval from China's Ministry of Commerce for the company to commence direct selling activities in Shaoxing City in Zhejiang Province. Nu Skin is now licensed in 30 cities in 19 provinces and municipalities. The licensing process included a review of the company's operations. According to the Shaoxing City government, the city's population was more than 6M in 2013.