Li Auto Unusual Options Activity For July 17
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Li Auto (NASDAQ:LI), with a majority of investors taking a bearish stance. The trades include 5 puts totaling $203,760 and 8 calls totaling $1,102,162. Whales have been targeting a price range from $20.0 to $55.0 for Li Auto over the last 3 months. The current price of LI is up 1.92% at $37.71, with RSI indicators suggesting the stock may be approaching overbought.
July 17, 2023 | 5:16 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Unusual options activity has been detected for Li Auto, with a majority of investors taking a bearish stance. The current price of LI is up 1.92% at $37.71, with RSI indicators suggesting the stock may be approaching overbought.
The unusual options activity, with a majority of investors taking a bearish stance, suggests that there may be a potential downside risk for Li Auto. However, the current price is up, indicating a positive short-term trend. The RSI indicators suggest the stock may be approaching overbought, which could lead to a price correction in the near future.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100