An electrode for intraoperative nerve stimulation of the vagus nerve, which electrode is suitable for continuous neuromonitoring during an operation and has an electrode holder with a strip-shaped design and made of an elastic material, and at least one electrically conductive contact surface, the latter being connectable via a signal-transmission medium to a signal transmitter and/or signal receiver and touching the vagus nerve on part of its circumference during the application. The electrode includes a first portion with a plastically deformable material such that, during the application, the electrode holder can be formed onto a vessel wall of a first blood vessel extending parallel to the vagus nerve and encompasses this blood vessel in order to affix the electrode in a hook-shaped fashion and by a second portion which, with an opposing curvature to that of the first portion can be placed around the vagus nerve in a loop-like fashion.