Check Out What Whales Are Doing With Li Auto
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Li Auto (NASDAQ:LI), with 69% of recent trades being bearish and 30% bullish. The trades include 6 puts totaling $217,060 and 7 calls totaling $637,608. The targeted price range for Li Auto over the last 3 months has been $25.0 to $47.0. The current price of LI is down -0.66% at $35.52, and RSI indicators suggest the stock may be approaching overbought. The next earnings are expected in 39 days.
July 06, 2023 | 4:01 pm
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A significant investor has taken a bearish stance on Li Auto, with the majority of recent trades being bearish. The stock price is currently down and may be approaching overbought, according to RSI indicators.
The bearish stance taken by a significant investor, combined with the current downward trend in stock price and potential overbought status, suggests a negative short-term impact on Li Auto's stock.
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IMPORTANCE 80
RELEVANCE 100