XPeng Unusual Options Activity

XPeng Unusual Options Activity

Someone with a lot of money to spend has taken a bearish stance on XPeng XPEV.

And retail traders should know.

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

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with XPEV, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 23 options trades for XPeng.

This isn't normal.

The overall sentiment of these big-money traders is split between 39% bullish and 60%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $31,040, and 22, calls, for a total amount of $1,074,839..

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 $5.0 to $10.0 for XPeng over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for XPeng options trades today is 4726.89 with a total volume of 32,311.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for XPeng's big money trades within a strike price range of $5.0 to $10.0 over the last 30 days.

XPeng Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
XPEV CALL SWEEP BEARISH 01/20/23 $10.00 $111.1K 32.7K 5.0K
XPEV CALL SWEEP NEUTRAL 11/11/22 $5.00 $83.1K 2.4K 1.4K
XPEV CALL SWEEP BULLISH 11/25/22 $7.00 $77.0K 177 1.4K
XPEV CALL SWEEP BEARISH 11/11/22 $5.00 $75.2K 2.4K 1.4K
XPEV CALL SWEEP BULLISH 01/20/23 $10.00 $70.2K 32.7K 3.6K

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
XPEV CALL SWEEP BEARISH 01/20/23 $10.00 $111.1K 32.7K 5.0K
XPEV CALL SWEEP NEUTRAL 11/11/22 $5.00 $83.1K 2.4K 1.4K
XPEV CALL SWEEP BULLISH 11/25/22 $7.00 $77.0K 177 1.4K
XPEV CALL SWEEP BEARISH 11/11/22 $5.00 $75.2K 2.4K 1.4K
XPEV CALL SWEEP BULLISH 01/20/23 $10.00 $70.2K 32.7K 3.6K

Where Is XPeng Standing Right Now?

  • With a volume of 24,939,534, the price of XPEV is up 6.6% at $8.4.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 15 days.

What The Experts Say On XPeng:

  • Citigroup downgraded its action to Sell with a price target of $3
  • Barclays has decided to maintain their Equal-Weight rating on XPeng, which currently sits at a price target of $8.

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 XPeng, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets