Bullish option flow detected in Li Auto with 33,972 calls trading, 1.4x expected, and implied vol increasing over 3 points to 57.73%. 3/22 weekly 34 puts and 3/22 weekly 32 puts are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.54. Earnings are expected on May 9th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LI:
- EV tide shift makes Wells say sell Tesla, Morgan Stanley more bullish on autos
- Li Auto call volume above normal and directionally bullish
- Li Auto price target raised to $74 from $63 at Morgan Stanley
- Li Auto Li Mega electric vehicle equipped with Hesai Technology
- What You Missed This Week in EVs and Clean Energy
