If you haven`t sold the Top on LI: or ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of LI Auto prior to the earnings report this week, I would consider purchasing the 38usd strike price in the money Calls with an expiration date of 2023-11-24, for a premium of approximately $2.93. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
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LI traded at $42.31 after earnings, and the calls went up at least 50%, considering such a gain in the stock price, but I haven`t monitored the options chain back then.