A whale with a lot of money to spend has taken a noticeably bullish stance on XPeng.
Looking at options history for XPeng (NYSE:XPEV) we detected 13 strange trades.
Chinese EV startup XPeng, Inc. (NYSE: XPEV) reported stellar November deliveries on Wednesday, underlining the ongoing fundamental momentum evident in recent months.
Nio Inc (NYSE: NIO) said on Wednesday deliveries rose sharply in November after production bounced back following a key facility upgrade last month, helping the electric vehicle maker report a record number.
Chinese electric vehicle startup Neta Automobile recorded a 23.5% rise in deliveries compared to a month ago at 10,013 units in November, cnEVpost reported on Wednesday, citing the company.
EV stocks were mostly lower in the holiday-shortened week ending Nov. 26, with much of the weakness attributed to the late-week across-the-market sell-off due to fears over a "more serious" COVID-19 variant strain originating in South Africa.
U.S.-listed Chinese EV startups however, managed to carve out gains for the week.