Bullish option flow detected in XPeng (XPEV) with 13,390 calls trading, 5x expected, and implied vol increasing almost 3 points to 56.69%. 8/22 weekly 22 calls and 8/22 weekly 22.5 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.34. Earnings are expected on November 18th.
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>>
Read More on XPEV:
- Unusually active option classes on open August 21st
- “Don’t Hold Your Breath!” Tesla’s (TSLA) Elon Musk Casts Doubt on U.S. Launch of New Model Y L
- XPeng’s Q2 Growth and Q3 Optimism: Hold Rating Amidst Execution Risks
- XPeng price target raised to $29.40 from $29 at Citi
- XPeng price target raised to $26 from $25 at BofA