Bearish flow noted in Li Auto (LI) with 6,168 puts trading, or 1.1x expected. Most active are Jun-25 28 puts and 4/4 weekly 24.5 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 20th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LI:
- Li Auto call volume above normal and directionally bullish
- BYD claims new technology charges EVs in 5 minutes, CNBC reports
- Cautious Outlook for Li Auto: Hold Rating Amid Profitability Concerns and Strategic Challenges
- Li Auto price target raised to $37.20 from $31 at Jefferies
- Top Macquarie Analyst Downgrades Li Auto Stock on Dismal Outlook