Financial giants have made a conspicuous bearish move on Li Auto. Our analysis of options history for Li Auto LI revealed 14 unusual trades.
Delving into the details, we found 14% of traders were bullish, while 71% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $480,597, and 7 were calls, valued at $289,592.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $27.0 to $55.0 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 $27.0 to $55.0 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 | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LI | PUT | SWEEP | BEARISH | 01/17/25 | $6.15 | $6.15 | $6.15 | $32.00 | $166.0K | 1.8K | 376 |
| LI | PUT | SWEEP | BEARISH | 10/18/24 | $2.66 | $2.6 | $2.66 | $29.00 | $127.9K | 1.0K | 500 |
| LI | CALL | SWEEP | NEUTRAL | 01/17/25 | $2.88 | $2.66 | $2.76 | $30.00 | $82.5K | 11.5K | 19 |
| LI | PUT | TRADE | BEARISH | 01/17/25 | $6.3 | $6.25 | $6.3 | $32.00 | $55.4K | 1.8K | 90 |
| LI | CALL | SWEEP | BEARISH | 06/20/25 | $2.56 | $2.43 | $2.46 | $40.00 | $44.5K | 3.3K | 183 |
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 376,000 NEVs in 2023, accounting for about 4% of China's passenger new energy vehicle market. Beyond Li One, the company expands its product line, including both BEVs and PHEVs, to target a broader consumer base.
Current Position of Li Auto
- With a volume of 8,833,491, the price of LI is down -0.09% at $28.02.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 29 days.
What Analysts Are Saying About Li Auto
In the last month, 3 experts released ratings on this stock with an average target price of $29.366666666666667.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Li Auto with a target price of $25. * Reflecting concerns, an analyst from Macquarie lowers its rating to Neutral with a new price target of $33. * An analyst from Citigroup has decided to maintain their Neutral rating on Li Auto, which currently sits at a price target of $29.
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.
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