Li Auto shares trade higher
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $22.0 and $42.0 for Li Auto, spanning the last three months.
The stock rallied from its initial public offering price of $11.50 per ADS (American depositary share) to a record high of $46.65 in 2023. But today, Li's stock trades about 50% below that ...
If an investor was to purchase shares of LI stock at the current price level of $22.60/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the ...
The shares are priced at $4.17 and their $5.72 average target price implies a gain of 37% in the next 12 months. (See NIO stock forecast) Next up is Li Auto, another leader in China’s EV market.
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