(LI) – Li Auto Whale Trades Spotted – Benzinga

Someone with a lot of money to spend has taken a bearish stance on Li Auto LI.
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with LI, it often means somebody knows something is about to happen.
So how do we know what this whale just did?
Today, Benzinga's options scanner spotted 16 uncommon options trades for Li Auto.

This isn't normal.
The overall sentiment of these big-money traders is split between 43% bullish and 56%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $296,909, and 7 are calls, for a total amount of $784,220.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $43.0 for Li Auto over the last 3 months.
In terms of liquidity and interest, the mean open interest for Li Auto options trades today is 2296.29 with a total volume of 9,004.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Li Auto's big money trades within a strike price range of $25.0 to $43.0 over the last 30 days.

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
LI CALL TRADE BEARISH 03/17/23 $35.00 $564.7K 1.0K 2.2K
LI CALL SWEEP BEARISH 03/17/23 $35.00 $60.2K 1.0K 2.4K
LI CALL TRADE NEUTRAL 03/17/23 $30.00 $40.0K 225 100
LI CALL SWEEP BULLISH 10/21/22 $30.00 $38.4K 1.3K 917
LI PUT SWEEP BEARISH 01/20/23 $43.00 $38.4K 1.2K 67

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Li Auto, Benzinga Pro gives you real-time options trades alerts.
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