This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Someone with a lot of money to spend has taken a bullish stance on XPeng (NYSE:XPEV).
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.
XPeng, Inc. (NYSE: XPEV) reported a steep decline in deliveries for November compared to a year ago, blaming the predicament on COVID-19 challenges. The company expects to turn things around in December.
Hong Kong stocks soared on Thursday with the benchmark Hang Seng opening 2.47% higher following Federal Reserve Chair Jerome Powell’s speech that indicated the central bank may slow the pace of rate hikes as soon as December. EV stocks surged, with Xpeng shares rising over 21%, playing catch-up with its U.S.
Major Wall Street indices soared on Wednesday after Federal Reserve Chair Jerome Powell said the central bank may slow the pace of rate hikes as soon as December while also observing there is a long way to go