Looking At Li Auto's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Li Auto.

Looking at options history for Li Auto LI we detected 15 strange trades.

If we consider the specifics of each trade, it is accurate to state that 46% of the investors opened trades with bullish expectations and 53% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $122,760 and 12, calls, for a total amount of $2,190,510.

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 $11.0 to $22.0 for Li Auto over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Li Auto's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Li Auto's whale trades within a strike price range from $11.0 to $22.0 in the last 30 days.

Li Auto Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LI CALL SWEEP BULLISH 12/02/22 $17.50 $435.9K 4.7K 2.0K
LI CALL TRADE NEUTRAL 12/09/22 $20.00 $364.0K 11.4K 6.3K
LI CALL SWEEP BEARISH 12/09/22 $20.00 $343.2K 11.4K 10.0K
LI CALL SWEEP BEARISH 12/02/22 $17.50 $324.2K 4.7K 5
LI CALL SWEEP BEARISH 12/09/22 $20.00 $316.0K 11.4K 4.0K

Where Is Li Auto Standing Right Now?

  • With a volume of 9,077,176, the price of LI is down -1.86% at $21.59.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 8 days.

What The Experts Say On Li Auto:

  • Jefferies downgraded its action to Buy with a price target of $20

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.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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