Bearish flow noted in Li Auto with 6,805 puts trading, or 2x expected. Most active are Dec-23 34 puts and Dec-23 28 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 2 points on the day. Earnings are expected on November 9th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LI: