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Archer Aviation Unusual Options Activity
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Archer Aviation Unusual Options Activity
Dec 30, 2024 9:59 AM

Investors with a lot of money to spend have taken a bearish stance on Archer Aviation ( ACHR ) .

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ACHR, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 14 options trades for Archer Aviation ( ACHR ).

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 50%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $25,500, and 13, calls, for a total amount of $760,665.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $15.0 for Archer Aviation ( ACHR ) over the last 3 months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Archer Aviation ( ACHR ) stands at 9526.1, with a total volume reaching 5,050.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Archer Aviation ( ACHR ), situated within the strike price corridor from $5.0 to $15.0, throughout the last 30 days.

Archer Aviation Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ACHR CALL SWEEP BEARISH 01/16/26 $3.6 $3.5 $3.5 $12.00 $175.0K 26.5K 937
ACHR CALL SWEEP BULLISH 07/18/25 $2.95 $2.9 $2.95 $11.00 $147.5K 1.5K 576
ACHR CALL TRADE BULLISH 01/17/25 $1.25 $1.2 $1.25 $10.00 $62.5K 30.9K 1.1K
ACHR CALL SWEEP BULLISH 01/16/26 $5.9 $5.8 $5.9 $5.00 $58.4K 17.6K 203
ACHR CALL TRADE NEUTRAL 01/15/27 $6.0 $5.8 $5.9 $7.00 $53.1K 4.7K 201

About Archer Aviation

Archer Aviation Inc ( ACHR ) advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.

Following our analysis of the options activities associated with Archer Aviation ( ACHR ), we pivot to a closer look at the company's own performance.

Current Position of Archer Aviation

With a trading volume of 25,410,140, the price of ACHR is down by -11.14%, reaching $9.94.

Current RSI values indicate that the stock is may be approaching overbought.

Next earnings report is scheduled for 56 days from now.

Expert Opinions on Archer Aviation

Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $12.875.

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* An analyst from Deutsche Bank has decided to maintain their Buy rating on Archer Aviation ( ACHR ), which currently sits at a price target of $15.

* Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Buy rating for Archer Aviation ( ACHR ), targeting a price of $11.

* An analyst from Cantor Fitzgerald persists with their Overweight rating on Archer Aviation ( ACHR ), maintaining a target price of $13.

* Maintaining their stance, an analyst from HC Wainwright & Co. continues to hold a Buy rating for Archer Aviation ( ACHR ), targeting a price of $12.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Archer Aviation ( ACHR ), Benzinga Pro gives you real-time options trades alerts.

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