Li Auto Unusual Options Activity For July 10
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Li Auto (NASDAQ:LI) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 64% bullish and 35% bearish. The whales have been targeting a price range from $35.0 to $40.0 for Li Auto over the last 3 months. The price of LI is currently down -0.33% at $35.77.
July 10, 2023 | 5:32 pm
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Unusual options activity indicates a significant bullish stance on Li Auto. The targeted price range is $35.0 to $40.0 over the next 3 months.
The unusual options activity, with a majority being bullish, indicates that big-money traders are expecting the price of Li Auto to increase. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100