What's Happening With Li Auto Stock Thursday?


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Li Auto Inc (NASDAQ:LI) shares are trading higher by 2.3% to $35.81 Thursday morning. The stock is trading higher on upward momentum after the company on Wednesday announced October deliveries of 40,422, up 302.1% from last year.

What Happened?

In October 2023, Li Auto recorded an impressive 302.1% year-over-year increase with 40,422 vehicle deliveries. As of the end of October, their total deliveries for 2023 reached 284,647.

Li Auto says the company remains the top-selling premium SUV brand in China, especially with their Li L series dominating their market segments. The company is also generating anticipation for their upcoming Li MEGA 5C BEV model, which is aimed at multi-generational households.

See Also: What In The World Is Going On With C3.ai Stock?

According to data from Benzinga Pro, Li Auto has a 52-week high of $47.33 and a 52-week low of $15.37.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: Newswhy it's moving