Li Auto's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Li Auto has seen significant bullish interest from large investors in its options market, with 55% of trades being bullish. The stock is currently trading at $25.31, up 6.48%, but RSI suggests it may be overbought. Investors are eyeing a price range of $20 to $40.
September 26, 2024 | 8:46 pm
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Li Auto's options market shows a bullish trend with 55% of trades being positive. The stock is currently up 6.48% at $25.31, but RSI suggests it may be overbought. Investors are targeting a price range of $20 to $40.
The article highlights a significant bullish sentiment in Li Auto's options market, with a majority of trades being calls. The stock's recent price increase and the targeted price range by investors suggest a positive short-term outlook. However, the RSI indicates potential overbought conditions, which could lead to a pullback.
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