Financial giants have made a conspicuous bearish move on Li Auto. Our analysis of options history for Li Auto LI revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $295,995, and 2 were calls, valued at $83,888.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $31.0 for Li Auto over the recent three months.
Volume & Open Interest Trends
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 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 activity within a strike price range from $25.0 to $31.0 in the last 30 days.
Li Auto Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| LI | PUT | SWEEP | BEARISH | 04/19/24 | $25.00 | $109.8K | 1.2K | 1.0K |
| LI | CALL | SWEEP | BEARISH | 01/19/24 | $30.00 | $52.0K | 10.9K | 1.5K |
| LI | PUT | SWEEP | BEARISH | 03/15/24 | $31.00 | $48.0K | 5.7K | 254 |
| LI | PUT | TRADE | BULLISH | 04/19/24 | $27.00 | $44.0K | 11.8K | 289 |
| LI | PUT | SWEEP | BULLISH | 04/19/24 | $27.00 | $35.1K | 11.8K | 289 |
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.
Having examined the options trading patterns of Li Auto, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Li Auto
- Trading volume stands at 3,343,853, with LI's price down by -5.09%, positioned at $30.04.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 41 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Li Auto options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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