XPeng Unusual Options Activity For August 08

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

Looking at options history for XPeng XPEV we detected 17 strange trades.

If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $297,560 and 12, calls, for a total amount of $513,909.

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 $20.0 for XPeng over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for XPeng'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 XPeng's whale activity within a strike price range from $5.0 to $20.0 in 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 PUT SWEEP BULLISH 10/20/23 $19.00 $96.0K 1.0K 357
XPEV CALL SWEEP BEARISH 08/11/23 $18.00 $83.8K 2.9K 2.7K
XPEV PUT SWEEP BULLISH 10/20/23 $19.00 $63.0K 1.0K 557
XPEV PUT TRADE BEARISH 10/20/23 $17.50 $60.0K 4.9K 1.4K
XPEV CALL SWEEP BULLISH 08/25/23 $20.00 $54.8K 1.1K 239

Where Is XPeng Standing Right Now?

  • With a volume of 17,230,917, the price of XPEV is down -5.19% at $17.73.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 10 days.

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.

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XPEVXPeng Inc
$20.79-1.56%

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