Unpacking the Latest Options Trading Trends in Li Auto

LI AUto -9.60%

LI AUto

LI

26.38

-9.60%

Deep-pocketed investors have adopted a bearish approach towards Li Auto (NASDAQ:LI), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LI usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Li Auto. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 44% leaning bullish and 55% bearish. Among these notable options, 3 are puts, totaling $278,263, and 6 are calls, amounting to $380,240.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $65.0 for Li Auto during the past quarter.

Volume & Open Interest Trends

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 $30.0 to $65.0 in the last 30 days.

Li Auto Call and Put Volume: 30-Day Overview

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LI PUT SWEEP BEARISH 01/17/25 $40.00 $168.9K 1.8K 100
LI CALL SWEEP BULLISH 06/21/24 $42.00 $136.4K 1.8K 185
LI CALL TRADE NEUTRAL 02/16/24 $30.00 $81.0K 743 108
LI CALL TRADE BULLISH 01/17/25 $40.00 $56.0K 10.0K 80
LI PUT TRADE BULLISH 01/19/24 $65.00 $55.5K 0 20

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

Where Is Li Auto Standing Right Now?

  • With a trading volume of 3,246,370, the price of LI is up by 3.83%, reaching $37.1.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 60 days from now.

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.

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