Looking At Li Auto's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Li Auto.

Looking at options history for Li Auto LI we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $139,710 and 7, calls, for a total amount of $334,635.

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 $18.0 to $30.0 for Li Auto over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Li Auto options trades today is 1511.56 with a total volume of 2,308.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Li Auto's big money trades within a strike price range of $18.0 to $30.0 over the last 30 days.

Li Auto 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
LI CALL SWEEP BULLISH 12/16/22 $24.00 $77.7K 2.2K 570
LI CALL SWEEP BEARISH 12/16/22 $24.00 $72.0K 2.2K 1.0K
LI CALL SWEEP BEARISH 01/06/23 $18.00 $64.1K 405 100
LI PUT TRADE BEARISH 03/17/23 $26.00 $53.9K 1.4K 0
LI PUT SWEEP BULLISH 01/20/23 $26.00 $47.6K 1.0K 146

Where Is Li Auto Standing Right Now?

  • With a volume of 5,479,064, the price of LI is up 7.39% at $24.26.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 1 days.

What The Experts Say On Li Auto:

  • Jefferies downgraded its action to Buy with a price target of $20

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.

LI Logo
LILi Auto Inc
$28.30-1.46%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
86.18
Growth
84.51
Quality
-
Value
83.33
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Posted In:
Comments
Loading...