Faraday Future Intelligent Electric Target of Unusually High Options Trading (NASDAQ:FFAI)

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) saw some unusual options trading on Tuesday. Stock traders bought 10,720 call options on the stock. This is an increase of approximately 63% compared to the typical volume of 6,574 call options.

Faraday Future Intelligent Electric Price Performance

Shares of NASDAQ:FFAI traded down $0.09 during midday trading on Tuesday, hitting $1.29. The stock had a trading volume of 22,024,140 shares, compared to its average volume of 11,816,033. Faraday Future Intelligent Electric has a 12 month low of $0.99 and a 12 month high of $156.00.

About Faraday Future Intelligent Electric

Faraday Future Intelligent Electric Inc engages in the design, development, manufacture, engineering, sale, and distribution of electric vehicles and related products in the United States and internationally. The company was founded in 2014 and is headquartered in Gardena, California.