This unusual options alert can help traders discover the next big trading opportunities. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. Unusual trading activity could push option prices to exaggerated or underestimated levels.
Across the globe, the auto industry is struggling with the ongoing pandemic and the supply shortage of semiconductors. Meanwhile, the demand for electric cars continues to rise, especially in the world's largest auto market.
Tesla, Inc. (NASDAQ: TSLA) achieved record sales in China for the month of August despite several pushbacks on the electric vehicle market in the country.
Last week, Li Auto Inc (NASDAQ: LI) posted a widened second-quarter loss as a cost of selling EVs took a toll but revenue managed to beat expectations as deliveries nearly tripled.