Li Auto put volume heavy and directionally bearish
The Fly

Li Auto put volume heavy and directionally bearish

Bearish flow noted in Li Auto with 5,617 puts trading, or 1.3x expected. Most active are Jan-25 20 puts and Oct-24 20 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 2 points on the day. Earnings are expected on May 9th.

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