What the Options Market Tells Us About Li Auto

Investors with a lot of money to spend have taken a bullish stance on Li Auto LI.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with LI, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 26 uncommon options trades for Li Auto.

This isn't normal.

The overall sentiment of these big-money traders is split between 61% bullish and 38%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $81,251, and 24 are calls, for a total amount of $1,799,450.

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What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $60.0 for Li Auto over the last 3 months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Li Auto's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Li Auto's substantial trades, within a strike price spectrum from $30.0 to $60.0 over the preceding 30 days.

Li Auto 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LI CALL SWEEP BULLISH 01/17/25 $40.00 $180.0K 11.3K 433
LI CALL TRADE BEARISH 01/17/25 $35.00 $158.0K 7.1K 0
LI CALL SWEEP BEARISH 01/17/25 $50.00 $157.8K 5.7K 544
LI CALL TRADE BEARISH 03/08/24 $37.00 $117.0K 1.1K 1.0K
LI CALL TRADE BEARISH 04/19/24 $37.00 $108.0K 11 331

About Li Auto

Li Auto is a leading Chinese NEV manufacturer that designs, develops, manufactures, and sells premium smart NEVs. The company started volume production of its first model Li One in November 2019. The model is a six-seater, large, premium plug-in electric SUV equipped with a range extension system and advanced smart vehicle solutions. It sold over 133,000 NEVs in 2022, accounting for about 2% of China's passenger new energy vehicle market. Beyond Li One, the company will expand its product line, including both BEVs and PHEVs, to target a broader consumer base.

Following our analysis of the options activities associated with Li Auto, we pivot to a closer look at the company's own performance.

Li Auto's Current Market Status

  • Trading volume stands at 6,138,599, with LI's price up by 5.31%, positioned at $34.88.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 4 days.

Professional Analyst Ratings for Li Auto

1 market experts have recently issued ratings for this stock, with a consensus target price of $41.0.

  • In a positive move, an analyst from Deutsche Bank has upgraded their rating to Buy and adjusted the price target to $41.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Li Auto, Benzinga Pro gives you real-time options trades alerts.

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LILi Auto Inc
$29.460.67%

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Momentum
91.64
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98.14
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Value
83.67
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