Financial giants have made a conspicuous bearish move on Li Auto. Our analysis of options history for Li Auto LI revealed 10 unusual trades.
Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $288,019, and 3 were calls, valued at $613,530.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $40.0 for Li Auto during the past quarter.
Insights into Volume & Open Interest
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 $35.0 to $40.0 over the preceding 30 days.
Li Auto Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| LI | CALL | TRADE | BEARISH | 01/17/25 | $35.00 | $348.0K | 6.9K | 300 |
| LI | CALL | SWEEP | BEARISH | 01/17/25 | $35.00 | $232.0K | 6.9K | 500 |
| LI | PUT | SWEEP | BULLISH | 01/17/25 | $40.00 | $82.5K | 1.1K | 0 |
| LI | PUT | SWEEP | BEARISH | 01/19/24 | $37.00 | $47.0K | 1.0K | 1.9K |
| LI | PUT | SWEEP | BEARISH | 01/19/24 | $37.00 | $37.4K | 1.0K | 2.5K |
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.
In light of the recent options history for Li Auto, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Li Auto
- Currently trading with a volume of 4,286,997, the LI's price is up by 3.03%, now at $38.08.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 105 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 Li Auto, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
