Looking At Li Auto's Recent Unusual Options Activity
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 80% bullish and 20% bearish. The whales have been targeting a price range from $30.0 to $50.0 for Li Auto over the last 3 months. The price of LI is currently down -0.37% at $35.23.
September 26, 2023 | 4:45 pm
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Unusual options activity indicates a bullish stance on Li Auto. The target price range is between $30 and $50.
The unusual options activity, with 80% bullish sentiment, 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